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Bills/119th Congress · House

H.J.Res. 25

Became 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".

Sponsor
RMike Carey· Ohio
Introduced
January 21, 2025
Policy area
Taxation
Latest action
Became Public Law No: 119-5.April 10, 2025

Plain-language analysis

Analysis withheld.

Withheld: this analysis was produced by a retired pipeline and carries no scoring version, so it was never bound to a measured model, prompt or weighting. Nothing we have measured applies to it.

We hold a draft analysis of this bill but are not publishing it. StumpWatch does not show an accusation it cannot say how often it gets right — a finding we have not measured is treated exactly like one that failed. The verbatim text below and the official source remain the record.

How we decide what to publish →
[119th Congress Public Law 5] [From the U.S. Government Publishing Office] [[Page 139 STAT. 48]] Public Law 119-5 119th Congress 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''. <<NOTE: Apr. 10, 2025 - [H.J. Res. 25]>> Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That Congress disapproves the rule submitted by the Internal Revenue Service relating to ``Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales'' (89 Fed. Reg. 106928 (December 30, 2024)), and such rule shall have no force or effect. Approved April 10, 2025. LEGISLATIVE HISTORY--H.J. Res. 25 (S.J. Res. 3): --------------------------------------------------------------------------- HOUSE REPORTS: No. 119-7 (Comm. on Ways and Means). CONGRESSIONAL RECORD, Vol. 171 (2025): Mar. 11, considered and passed House. Mar. 26, considered and passed Senate. <all>

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