Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule ... — House Roll Call 71

Passed in the House on March 11, 2025 · 292 Yea, 132 Nay, 7 Not Voting

Question: On Passage: H J RES 25 Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to “Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales”

This joint resolution nullifies the rule titled Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales and issued by the Internal Revenue Service (IRS) on December 30, 2024. The rule generally requires persons effectuating decentralized financial (DeFi) transactions to report certain information regarding digital asset sales to the IRS.

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