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House bill · H.R. 8899 (119th Congress)

Digital Asset PARITY Act

U.S. House of Representatives

Latest action May 19, 2026

Sponsor: Max L. Miller (U.S. Representative, OH-7, Republican)

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

Summary

Amends the Internal Revenue Code to establish tax treatment for regulated payment stablecoins, providing that no gain or loss is recognized unless the taxpayer's cost basis is less than 99 percent of the stablecoin's redemption value.

AI summary. Not an official summary. How we handle summaries

Where it stands

Assigned to a committee for review.

  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

3

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

  • Democratic2
  • Republican1

This bill has cosponsors from more than one party.

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Full history

  1. May 19, 2026

    Introduced

    Introduced in House

    U.S. House of Representatives

  2. May 19, 2026

    Introduced

    Introduced in U.S. House

    U.S. House

  3. May 19, 2026

    Referred to committee

    Referred to the House Committee on Ways and Means.

    U.S. House of Representatives

Read the record