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BillsSS.J.Res. 3

A joint resolution 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".

119th CongressIntroduced January 21, 2025Sen. Cruz, Ted [R-TX]· TX
Stage
In committee
Latest action
Message received in Senate: Returned to the Senate pursuant to the provisions of H.Res. 212.
March 12, 2025

Summary

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

Committees

  • PrimaryFinance Committee

CRS subjects

Administrative law and regulatory proceduresCongressional oversightCurrency

Action history

  1. January 21, 2025Introduced in Senate
  2. January 21, 2025Read twice and referred to the Committee on Finance.
  3. February 12, 2025Senate Committee on Finance discharged, by petition, pursuant to 5 U.S.C. 802(c).
  4. February 12, 2025Senate Committee on Finance discharged, by petition, pursuant to 5 U.S.C. 802(c).
  5. February 12, 2025Placed on Senate Legislative Calendar under General Orders. Calendar No. 11.
  6. March 4, 2025Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 70 - 28. Record Vote Number: 101. (CR S1470-1471)
  7. March 4, 2025Measure laid before Senate by motion. (consideration: CR S1471, S1477, S1485-1488)
  8. March 4, 2025Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 70 - 27. Record Vote Number: 102.
  9. March 4, 2025Passed Senate without amendment by Yea-Nay Vote. 70 - 27. Record Vote Number: 102. (text: CR S1488)
  10. March 6, 2025Message on Senate action sent to the House.
  11. March 10, 2025Received in the House
  12. March 10, 2025Held at the Desk
  13. March 11, 2025Papers returned to Senate pursuant to H. Res. 212
  14. March 12, 2025Message received in Senate: Returned to the Senate pursuant to the provisions of H.Res. 212.

Cosponsors (14)

Text versions

Related bills

  • H.J.Res. 25related
    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".
  • H.Res. 212related
    Returning Senate Joint Resolution 3 to the Senate.