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House joint resolution · H.J.Res. 25 (119th Congress)

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to…

U.S. House of Representatives

Latest action Apr 10, 2025

Sponsor: Mike Carey (U.S. Representative, OH-15, Republican)

Official titleShow

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".

The heading above is this same sentence with its legal opening removed. No words were added, changed or reordered.

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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data

Summary

This joint resolution nullifies requirements for persons effectuating decentralized financial (DeFi) transactions to report certain information regarding digital asset sales to the Internal Revenue Service (IRS). Specifically, the joint resolution nullifies the requirements included in the rule titled Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales and issued by the IRS on December 30, 2024. Decentralized finance refers to the suite of financial activities and services that are facilitated by cryptocurrency and intended to be conducted without any sort of reliance on traditional financial tools or intermediaries.

Summary from the Congressional Research Service. How we handle summaries

Where it stands

Signed into law.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

House Committee on Ways and Means · U.S. House of Representatives

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Cosponsors

9

Cosponsors listed on Congress.gov, shown A to Z.

  • Republican8
  • Democratic1

This bill has cosponsors from more than one party.

Shown in neutral colors by design; Agora is non-partisan.

Recorded votes

  • Vote: On the Joint Resolution

    U.S. SenateMar 26, 2025Result: Joint Resolution Passed

    (70) (28) (0) (2)

  • Vote: On the Motion to Proceed

    U.S. SenateMar 26, 2025Result: Motion to Proceed Agreed to

    (70) (28) (0) (2)

  • Vote: On Passage

    U.S. HouseMar 11, 2025Result: Passed

    (292) (132) (1) (7)

Related bills

As identified by Congress.gov.

Full history

  1. Apr 10, 2025

    Enacted

    Became Public Law No: 119-5.

  2. Apr 10, 2025

    Enacted

    Became Public Law No: 119-5.

    U.S. House

  3. Apr 10, 2025

    Signed

    Signed by President.

    President

  4. Apr 1, 2025

    Sent to the executive

    Presented to President.

    President

  5. Mar 27, 2025

    Message on Senate Action Sent to the House.

    Message on Senate action sent to the House.

    U.S. Senate

Show full history (15 earlier events)
  1. Mar 26, 2025

    Measure Laid Before Senate by motion. (consideration: cr S1856-1864)

    Measure laid before Senate by motion. (consideration: CR S1856-1864)

    U.S. Senate

  2. Mar 26, 2025

    Passed a chamber

    Passed Senate without amendment by Yea-Nay Vote. 70 - 28. Record Vote Number: 151.

    U.S. Senate

  3. Mar 12, 2025

    Sent to the executive

    Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 27.

    U.S. Senate

  4. Mar 11, 2025

    Considered as Unfinished business. (consideration: cr H1126)

    Considered as unfinished business. (consideration: CR H1126)

  5. Mar 11, 2025

    Debate - the House Proceeded With One Hour of Debate on H.J. Res. 25.

    DEBATE - The House proceeded with one hour of debate on H.J. Res. 25.

    U.S. House of Representatives

  6. Mar 11, 2025

    Passed a chamber

    Motion to reconsider laid on the table Agreed to without objection.

  7. Mar 11, 2025

    Passed a chamber

    Passed/agreed to in House: On passage Passed by the Yeas and Nays: 292 - 132, 1 Present (Roll no. 71). (text: CR H1099)

    U.S. House of Representatives

  8. Mar 11, 2025

    Reported out of committee

    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.

    U.S. House of Representatives

  9. Feb 28, 2025

    Placed on the Union Calendar, Calendar No. 3.

  10. Feb 28, 2025

    Reported out of committee

    Reported by the Committee on Ways and Means. H. Rept. 119-7.

  11. Feb 26, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  12. Feb 26, 2025

    Reported out of committee

    Ordered to be Reported by the Yeas and Nays: 26 - 16.

  13. Feb 7, 2025

    Introduced

    Introduced in U.S. House

    U.S. House

  14. Jan 21, 2025

    Introduced

    Introduced in House

    U.S. House of Representatives

  15. Jan 21, 2025

    Referred to committee

    Referred to the House Committee on Ways and Means.

    U.S. House of Representatives

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