A joint resolution providing for congressional disapproval under chapter 8 of title 5, United… — Senate Roll Call 102

Joint Resolution Passed in the Senate on March 4, 2025 · 70 Yea, 27 Nay, 3 Not Voting

Question: On the Joint Resolution S.J.Res. 3

In plain English: Congress is voting to block a new IRS rule that would require brokers to report information about digital asset sales to the government. This rule, if it had gone into effect, would have applied to transactions involving decentralized finance.

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.

Vote Breakdown by Party

• Republican: 51 Yea, 0 Nay, 2 not voting/present.
• Democrat: 18 Yea, 26 Nay, 1 not voting/present.
• Independent: 1 Yea, 1 Nay.

Members Who Voted Against Their Party

• Angela Alsobrooks (D-MD) voted Yea while most Democrats voted No.
• Cory Booker (D-NJ) voted Yea while most Democrats voted No.
• John Fetterman (D-PA) voted Yea while most Democrats voted No.
• Ruben Gallego (D-AZ) voted Yea while most Democrats voted No.
• Kirsten Gillibrand (D-NY) voted Yea while most Democrats voted No.
• Martin Heinrich (D-NM) voted Yea while most Democrats voted No.
• John Hickenlooper (D-CO) voted Yea while most Democrats voted No.
• Andy Kim (D-NJ) voted Yea while most Democrats voted No.
• Ben Luján (D-NM) voted Yea while most Democrats voted No.
• Catherine Cortez Masto (D-NV) voted Yea while most Democrats voted No.
• …and 8 more — see the full breakdown below.

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