119th Congress (2025–2027) · Senate joint resolution · Sponsor: Sen. Cruz, Ted [R-TX]
A 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".
| Item | Detail |
|---|---|
| Roll-call votes | 2 |
| Chamber | Senate |
| Latest vote | 2025-03-04: Joint Resolution Passed (70-27) |
| Latest action | 2025-03-12: Message received in Senate: Returned to the Senate pursuant to the provisions of H. Res. 212. |
| Policy area | Taxation |
| Official record | Congress.gov |
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.
Subjects: Administrative law and regulatory procedures, Congressional oversight, Currency, Digital media, Financial services and investments, Internal Revenue Service (IRS), Tax administration and collection, taxpayers
Every recorded vote on this bill, newest first, with a link to the official tally. Member-by-member positions are on each member’s profile.
| Date | Chamber | Question | Result | Yea | Nay | Not voting | Record |
|---|---|---|---|---|---|---|---|
| 2025-03-04 | Senate | On the Joint Resolution S. J. Res. 3 | Joint Resolution Passed (70-27) | 68 | 27 | 3 | Official tally |
| 2025-03-04 | Senate | On the Motion to Proceed S. J. Res. 3 | Motion to Proceed Agreed to (70-28) | 68 | 28 | 2 | Official tally |
SJRES3 (A 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…) was introduced in the 119th Congress (2025–2027) by Sen. Cruz, Ted [R-TX].
On 2025-03-12: Message received in Senate: Returned to the Senate pursuant to the provisions of H.Res. 212.
2 recorded votes in the 119th Congress. The most recent, on 2025-03-04, was "On the Joint Resolution S.J.Res. 3": Joint Resolution Passed (70-27).