HJRES 25
119th Congress
House
Taxation
Administrative law and regulatory procedures
Congressional oversight
Currency
Digital media
Financial services and investments
Internal Revenue Service (IRS)
Tax administration and collection, taxpayers
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".
Everywhere this bill has been
25 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 10, 2025
Became Public Law No: 119-5.
Apr 10, 2025
Signed by President.
Apr 1, 2025
Presented to President.
Mar 27, 2025
Message on Senate action sent to the House.
Mar 26, 2025
Passed Senate without amendment by Yea-Nay Vote. 70 - 28. Record Vote Number: 151.
Mar 26, 2025
Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 70 - 28. Record Vote Number: 151.
Mar 26, 2025
Measure laid before Senate by motion. (consideration: CR S1856-1864)
Mar 26, 2025
Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 70 - 28. Record Vote Number: 150.
Mar 12, 2025
Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 27.
Mar 11, 2025
Motion to reconsider laid on the table Agreed to without objection.
Mar 11, 2025
On passage Passed by the Yeas and Nays: 292 - 132, 1 Present (Roll no. 71). (text: CR H1099)
Mar 11, 2025
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 292 - 132, 1 Present (Roll no. 71). (text: CR H1099)
Mar 11, 2025
Considered as unfinished business. (consideration: CR H1126)
Mar 11, 2025
POSTPONED PROCEEDINGS - At the conclusion of debate on H.J. Res. 25, the Chair put the question on passage of the joint resolution and by voice vote announced that the ayes had prevailed. Mr. Davis (IL) demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
Mar 11, 2025
The previous question was ordered pursuant to the rule.
Mar 11, 2025
DEBATE - The House proceeded with one hour of debate on H.J. Res. 25.
Mar 11, 2025
Rule provides for consideration of H.J. Res. 25, H.R. 1156 and H.R. 1968. The resolution provides for consideration of H.J. Res. 25, H.R. 1156, and H.R. 1968 under a closed rule. Also, the resolution provides for one hour of general debate and one motion to recommit on each measure.
Mar 11, 2025
Considered under the provisions of rule H. Res. 211. (consideration: CR H1099-1102)
Mar 11, 2025
Rules Committee Resolution H. Res. 211 Reported to House. Rule provides for consideration of H.J. Res. 25, H.R. 1156 and H.R. 1968. The resolution provides for consideration of H.J. Res. 25, H.R. 1156, and H.R. 1968 under a closed rule. Also, the resolution provides for one hour of general debate and one motion to recommit on each measure.
Feb 28, 2025
Placed on the Union Calendar, Calendar No. 3.
Feb 28, 2025
Reported by the Committee on Ways and Means. H. Rept. 119-7.
Feb 26, 2025
Ordered to be Reported by the Yeas and Nays: 26 - 16.
Feb 26, 2025
Committee Consideration and Mark-up Session Held
Jan 21, 2025
Referred to the House Committee on Ways and Means.
Jan 21, 2025
Introduced in House
Votes taken on this bill
1
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| Mar 11, 2025 | House · vote #71 | On Passage | Passed | 292–132 | See who voted → |
Plain-English 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 December 30, 2024. The rule generally requires persons effectuating decentralized financial (DeFi) transactions to report certain information regarding digital asset sales to the IRS.
What's happening now
Became Public Law No: 119-5.
Committees of jurisdiction
1