H.J.Res. 25: 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".
A House joint resolution (H.J.Res.) in the 119th U.S. Congress.
Overview
| Congress | 119th U.S. Congress (2025–2026) |
|---|---|
| Type | House joint resolution (H.J.Res.) |
| Originating chamber | House |
| Introduced | 2025-01-21 |
| Sponsor | Rep. Carey, Mike [R-OH-15] |
| Policy area | Taxation |
| Cosponsors | 9 |
| Latest action | 2025-04-10 — Became Public Law No: 119-5. |
| Last updated | 2026-07-13 |
Summary
Official summary (Introduced in House, 2025-01-21):
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.
Cosponsors (9)
| Name | Party / state |
|---|---|
| Tom Emmer | R MN 2025-01-28 |
| Warren Davidson | R OH 2025-01-28 |
| Jeff Crank | R CO 2025-02-04 |
| Claudia Tenney | R NY 2025-02-07 |
| Shri Thanedar | D MI 2025-02-24 |
| Zachary Nunn | R IA 2025-02-24 |
| David Kustoff | R TN 2025-02-24 |
| William R. Timmons IV | R SC 2025-02-25 |
| Troy Downing | R MT 2025-02-27 |
Full text & official record
The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for H.J.Res. 25 are published by Congress on congress.gov.
View H.J.Res. 25 on congress.gov →
Frequently asked questions
What is H.J.Res. 25?
H.J.Res. 25 is a House joint resolution (H.J.Res.) introduced in the 119th U.S. Congress, originating in the House. Official title: 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"..
Where can I read the full bill text?
The full text, cosponsors, amendments, and legislative status for H.J.Res. 25 are available on congress.gov.
Bill data: congress.gov API (official congressional records).