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Legislations.
United States (federal)United States (federal)LawLawH.J.Res. 25

Disapproval of the IRS DeFi broker reporting rule

Nullifies the IRS rule that would have required decentralized finance platforms to report digital asset sales as brokers.

Where it stands

EnactedIntroducedCommitteeFloorLawEnacted

Became Public Law 119-5Apr 10, 20251 year ago

Body
U.S. Congress
Session
119th Congress
Introduced
Jan 21, 2025
Votes
House 292-132; Senate 70-28
Sponsors
R (Republican)Republican
Crypto
Official page Source: GovInfo Bill Status (Library of Congress data behind congress.gov)

Timeline

  1. Apr 10, 2025 1 year ago

    Became Public Law No: 119-5.

  2. Apr 10, 2025 1 year ago

    Signed by President.

  3. Apr 1, 2025 1 year ago

    Presented to President.

  4. Mar 26, 2025 1 year ago

    Passed Senate without amendment by Yea-Nay Vote. 70 - 28.

  5. Mar 11, 2025 1 year ago

    On passage Passed by the Yeas and Nays: 292 - 132, 1 Present.

  6. Feb 28, 2025 1 year ago

    Reported by the Committee on Ways and Means. H. Rept. 119-7.

  7. Feb 26, 2025 1 year ago

    Ordered to be Reported by the Yeas and Nays: 26 - 16.

  8. Jan 21, 2025 1 year ago

    Introduced in House

Sponsors

  • R (Republican)Mike Carey