SJRES 3
119th Congress
Senate
Taxation
Administrative law and regulatory procedures
Congressional oversight
Currency
Digital media
Financial services and investments
Internal Revenue Service (IRS)
Tax administration and collection, taxpayers
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…
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Everywhere this bill has been
13 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 12, 2025
Message received in Senate: Returned to the Senate pursuant to the provisions of H.Res. 212.
Mar 11, 2025
Papers returned to Senate pursuant to H. Res. 212
Mar 10, 2025
Received in the House
Mar 10, 2025
Held at the Desk
Mar 6, 2025
Message on Senate action sent to the House.
Mar 4, 2025
Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 70 - 27. Record Vote Number: 102.
Mar 4, 2025
Measure laid before Senate by motion. (consideration: CR S1471, S1477, S1485-1488)
Mar 4, 2025
Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 70 - 28. Record Vote Number: 101. (CR S1470-1471)
Mar 4, 2025
Passed Senate without amendment by Yea-Nay Vote. 70 - 27. Record Vote Number: 102. (text: CR S1488)
Feb 12, 2025
Senate Committee on Finance discharged, by petition, pursuant to 5 U.S.C. 802(c).
Feb 12, 2025
Placed on Senate Legislative Calendar under General Orders. Calendar No. 11.
Jan 21, 2025
Read twice and referred to the Committee on Finance.
Jan 21, 2025
Introduced in Senate
Votes taken on this bill
3
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| Mar 4, 2025 | Senate · vote #102 | On the Joint Resolution S.J.Res. 3 | Passed | 70–27 | See who voted → |
| Mar 4, 2025 | Senate · vote #101 | On the Motion to Proceed S.J.Res. 3 | Agreed To | 70–28 | See who voted → |
| Apr 25, 2000 | Senate · vote #86 | On the Cloture Motion S.J.Res. 3 | Agreed To | 82–12 | See who voted → |
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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
Message received in Senate: Returned to the Senate pursuant to the provisions of H.Res. 212.
Related & companion bills
2
Bill text
4 versions
- Engrossed in Senate Formatted Text PDF Formatted XML
- Introduced in Senate Formatted Text PDF Formatted XML
- Placed on Calendar Senate Formatted Text PDF Formatted XML
- Placed on Calendar Senate Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). S.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 Congress. Open America. https://openamerica.io/bill/119-SJRES-3/
"S.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 Congress, 2026, Open America, https://openamerica.io/bill/119-SJRES-3/.
S.J. Res. 3, 119th Cong. (2026), https://openamerica.io/bill/119-SJRES-3/.
[S.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".](https://openamerica.io/bill/119-SJRES-3/)