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HR 3963 116th Congress House Taxation Capital gains tax Currency Income tax exclusion

To amend the Internal Revenue Code of 1986 to allow exclusion of gain or loss on like-kind exchanges of virtual currency.

Introduced: July 25, 2019 Introduced by: Budd, Ted Republican · North Carolina See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 25, 2019
Referred to the House Committee on Ways and Means.
Jul 25, 2019
Introduced in House
 Plain-English summary Congressional Research Service

Virtual Value Tax Fix Act of 2019

This bill allows an exclusion of gain or loss, for income tax purposes, on like-kind exchanges of virtual currency completed prior to 2025.

What's happening now July 25, 2019

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1