HJRES. 25Became Law
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".
Plain-English overview
What this bill does
Nullifies an IRS rule requiring certain decentralized finance brokers to report digital asset sale information to the agency
Key points
- Repeal IRS DeFi reporting rule
Current status
Where it stands
Status
Became Law
Latest action
2025-04-10 — Became Public Law No: 119-5.
Related context
Topics and policy areas
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Discovery signals
About these signals
Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.
Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.