HJRES25
Signed into 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".
- Federal
- House
- Introduced Jan 21, 2025
- Session 119
Bill Text
Version ENRThat 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.
Legislative Timeline
30 actions-
Signed by President.
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Signed by President.
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Became Public Law No: 119-5.
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Became Public Law No: 119-5.
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Presented to President.
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Presented to President.
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Message on Senate action sent to the House.
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Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 70 - 28. Record Vote Number: 150.
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Measure laid before Senate by motion. (consideration: CR S1856-1864)
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Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 70 - 28. Record Vote Number: 151.
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Passed Senate without amendment by Yea-Nay Vote. 70 - 28. Record Vote Number: 151.
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Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 27.
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Rules Committee Resolution H. Res. 211 Reported to House. Rule provides for consideration of H.J. Res. 25, H.R. 1156 and H.R. 1968. The resolution provides for consideration of H.J. Res. 25, H.R. 1156, and H.R. 1968 under a closed rule. Also, the resolution provides for one hour of general debate and one motion to recommit on each measure.
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Considered under the provisions of rule H. Res. 211. (consideration: CR H1099-1102)
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Rule provides for consideration of H.J. Res. 25, H.R. 1156 and H.R. 1968. The resolution provides for consideration of H.J. Res. 25, H.R. 1156, and H.R. 1968 under a closed rule. Also, the resolution provides for one hour of general debate and one motion to recommit on each measure.
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DEBATE - The House proceeded with one hour of debate on H.J. Res. 25.
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The previous question was ordered pursuant to the rule.
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POSTPONED PROCEEDINGS - At the conclusion of debate on H.J. Res. 25, the Chair put the question on passage of the joint resolution and by voice vote announced that the ayes had prevailed. Mr. Davis (IL) demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
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Considered as unfinished business. (consideration: CR H1126)
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Passed/agreed to in House: On passage Passed by the Yeas and Nays: 292 - 132, 1 Present (Roll no. 71). (text: CR H1099)
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On passage Passed by the Yeas and Nays: 292 - 132, 1 Present (Roll no. 71). (text: CR H1099)
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Motion to reconsider laid on the table Agreed to without objection.
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Reported by the Committee on Ways and Means. H. Rept. 119-7.
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Reported by the Committee on Ways and Means. H. Rept. 119-7.
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Placed on the Union Calendar, Calendar No. 3.
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Committee Consideration and Mark-up Session Held
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Ordered to be Reported by the Yeas and Nays: 26 - 16.
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Introduced in House
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Introduced in House
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Referred to the House Committee on Ways and Means.