HJRES25-119 · 119th Congress
Signed into Law
Signed Apr 10, 2025Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule
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".
This joint resolution nullifies the rule titled Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales and issued by the Internal Revenue Service (IRS) on December 30, 2024. The rule generally requires persons effectuating decentralized financial (DeFi) transactions to report certain information regarding digital asset sales to the IRS.
VOTE BREAKDOWN
Final passage · 521 politicians tracked
355
YEA
157
NAY
1
PRESENT
8
NOT VOTING
68% YEA30% NAY
BY PARTY
REPUBLICAN264 YEA · 0 NAY
99%
DEMOCRAT90 YEA · 155 NAY
36%
62%
INDEPENDENT1 YEA · 2 NAY
33%
67%
MONEY ON THIS BILL
Top donor industries among YEA voters vs NAY voters · lobbying activity in affected industries
⬆ YEA voters — top donor industries
- 1. Lawyers & Lobbyists2961 pts
- 2. Securities & Investment2339 pts
- 3. Health Services2329 pts
⬇ NAY voters — top donor industries
- 1. Labor Unions2170 pts
- 2. Lawyers & Lobbyists1783 pts
- 3. Health Services1339 pts
◎ Lobbying activity by issue area
- securities
INDIVIDUAL VOTES
Recorded positions for tracked politicians
SPONSORS
Mike Carey
R-OH · Primary
9 COSPONSORS
BIPARTISAN