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".

Official summary by the Congressional Research Service (Introduced in Senate, Jan 21, 2025).

Our plain-language breakdown, with what it means for you and the case for and against, is written once a bill starts to move.

1. Mar 12, 2025Message received in Senate: Returned to the Senate pursuant to the provisions of H.Res. 212.Senate
2. Mar 11, 2025Papers returned to Senate pursuant to H. Res. 212House floor actions
3. Mar 10, 2025Held at the DeskHouse floor actions
4. Mar 10, 2025Received in the HouseHouse floor actions
5. Mar 6, 2025Message on Senate action sent to the House.Senate
6. Mar 4, 2025Passed Senate without amendment by Yea-Nay Vote. 70 - 27. Record Vote Number: 102. (text: CR S1488) Roll call recordSenate
7. Mar 4, 2025Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 70 - 27. Record Vote Number: 102. Roll call recordLibrary of Congress
8. Mar 4, 2025Measure laid before Senate by motion. (consideration: CR S1471, S1477, S1485-1488)Senate
9. Mar 4, 2025Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 70 - 28. Record Vote Number: 101. (CR S1470-1471) Roll call recordSenate
10. Feb 12, 2025Placed on Senate Legislative Calendar under General Orders. Calendar No. 11.Senate
11. Feb 12, 2025Senate Committee on Finance discharged, by petition, pursuant to 5 U.S.C. 802(c).Senate
12. Feb 12, 2025Senate Committee on Finance discharged, by petition, pursuant to 5 U.S.C. 802(c).Library of Congress
13. Jan 21, 2025Read twice and referred to the Committee on Finance.Senate
14. Jan 21, 2025Introduced in SenateLibrary of Congress

Show key steps only

1. Mar 4, 2025 · SenateJoint Resolution Passed 70–27
   On the Joint Resolution · needed a majority
   R 51 yes, 0 noI 1 yes, 1 noD 18 yes, 26 noEach member · Record

Cosponsors

• Jim Banks R-IN
• Marsha Blackburn R-TN
• Ted Budd R-NC
• Tom Cotton R-AR
• John R. Curtis R-UT
• Steve Daines R-MT
• Bill Hagerty R-TN
• Mike Lee R-UT
• Cynthia M. Lummis R-WY
• David McCormick R-PA
• Bernie Moreno R-OH
• Tim Scott R-SC