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HR 6582 117th Congress House Taxation

Virtual Currency Tax Fairness Act of 2022

Introduced: February 3, 2022 Introduced by: DelBene, Suzan K. Democratic · Washington See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 3, 2022
Referred to the House Committee on Ways and Means.
Feb 3, 2022
Introduced in House
 Plain-English summary Congressional Research Service

Virtual Currency Tax Fairness Act of 2022

This bill excludes from gross income, for income tax purposes, up to $200 of gain from the disposition of virtual currency in a personal transaction. The bill defines virtual currency as a digital representation of value that is used as a medium of exchange and is not otherwise currency.

What's happening now February 3, 2022

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1