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".
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This joint resolution disapproves a specific IRS rule regarding the reporting of gross proceeds by brokers involved in digital asset sales. The resolution nullifies the rule, preventing it from taking effect.
Legislative structure
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Access options →Recorded vote · Senate roll call 150 · 2025-03-26
68 Yea · 28 Nay · 0 Present · 2 Not voting — Motion to Proceed Agreed to (70-28)</vote_result_text>
<question>On the Motion to Proceed</question>
<vote_title>Motion to Proceed to H.J.Res. 25</vote_title>
<majority_requirement>1/2</majority_requirement>
<vote_result>Motion to Proceed Agreed to
Actions (30)
| Date | Time | Action |
|---|---|---|
| 2025-01-21 | — | Referred to the House Committee on Ways and Means. |
| 2025-01-21 | — | Introduced in House |
| 2025-01-21 | — | Introduced in House |
| 2025-02-26 | — | Ordered to be Reported by the Yeas and Nays: 26 - 16. |
| 2025-02-26 | — | Committee Consideration and Mark-up Session Held |
| 2025-02-28 | — | Placed on the Union Calendar, Calendar No. 3. |
| 2025-02-28 | — | Reported by the Committee on Ways and Means. H. Rept. 119-7. |
| 2025-02-28 | — | Reported by the Committee on Ways and Means. H. Rept. 119-7. |
| 2025-03-11 | 10:09:59 | 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. |
| 2025-03-11 | 15:07:47 | Considered under the provisions of rule H. Res. 211. (consideration: CR H1099-1102) |
| 2025-03-11 | 15:07:52 | 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. |
| 2025-03-11 | 15:08:05 | DEBATE - The House proceeded with one hour of debate on H.J. Res. 25. |
| 2025-03-11 | 15:34:54 | The previous question was ordered pursuant to the rule. |
| 2025-03-11 | 15:35:31 | 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. |
| 2025-03-11 | 17:47:31 | Considered as unfinished business. (consideration: CR H1126) |
| 2025-03-11 | 17:53:46 | On passage Passed by the Yeas and Nays: 292 - 132, 1 Present (Roll no. 71). (text: CR H1099) |
| 2025-03-11 | 17:53:46 | Passed/agreed to in House: On passage Passed by the Yeas and Nays: 292 - 132, 1 Present (Roll no. 71). (text: CR H1099) |
| 2025-03-11 | 17:53:48 | Motion to reconsider laid on the table Agreed to without objection. |
| 2025-03-12 | — | Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 27. |
| 2025-03-26 | — | Passed Senate without amendment by Yea-Nay Vote. 70 - 28. Record Vote Number: 151. |
| 2025-03-26 | — | Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 70 - 28. Record Vote Number: 151. |
| 2025-03-26 | — | Measure laid before Senate by motion. (consideration: CR S1856-1864) |
| 2025-03-26 | — | Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 70 - 28. Record Vote Number: 150. |
| 2025-03-27 | — | Message on Senate action sent to the House. |
| 2025-04-01 | — | Presented to President. |
| 2025-04-01 | — | Presented to President. |
| 2025-04-10 | — | Became Public Law No: 119-5. |
| 2025-04-10 | — | Became Public Law No: 119-5. |
| 2025-04-10 | — | Signed by President. |
| 2025-04-10 | — | Signed by President. |
Provenance
- Methodology
- full_text_v3
- Calculated
- 2026-09-18 16:52:46.664+00
- Source version
- 2025-04-10
- Assessments
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