S.J.Res. 3 · 119th Congress
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".
In progress
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Bill details
Introduced: 1/21/2025
Current status: In progress
Introduced by: Ted Cruz (R · TX)
Bill ID: 119sjres3
Latest official action: Message received in Senate: Returned to the Senate pursuant to the provisions of H.Res. 212.
Bill overview
A neutral overview based on official congressional sources.
Introduced in Senate
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.
Source: BILLSUM · Summary date: 1/21/2025
Related votes
Roll calls that reference this bill in official data.
4 roll calls
Senate · 119 / 2 · Roll 101
On the Motion
Date: 4/23/2026Result: Motion Rejected
Senate · 119 / 2 · Roll 102
On the Motion
Date: 4/23/2026Result: Motion Rejected
Senate · 119 / 1 · Roll 102
On the Joint Resolution
Date: 3/4/2025Result: Joint Resolution Passed
Senate · 119 / 1 · Roll 101
On the Motion to Proceed
Date: 3/4/2025Result: Motion to Proceed Agreed to
Primary sources
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Official sources
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