HJRES-25 : Became Public Law


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.

Action Timeline

Action DateTypeTextSource
2025-04-10PresidentBecame Public Law No: 119-5.Library of Congress
2025-04-10PresidentSigned by President.Library of Congress
2025-04-01FloorPresented to President.House floor actions
2025-03-27FloorMessage on Senate action sent to the House.Senate
2025-03-26VotePassed Senate without amendment by Yea-Nay Vote. 70 - 28. Record Vote Number: 151.Senate
2025-03-26FloorMeasure laid before Senate by motion. (consideration: CR S1856-1864)Senate
2025-03-26VoteMotion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 70 - 28. Record Vote Number: 150.Senate
2025-03-12CalendarsReceived in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 27.Senate
2025-03-11FloorMotion to reconsider laid on the table Agreed to without objection.House floor actions
2025-03-11VoteOn passage Passed by the Yeas and Nays: 292 - 132, 1 Present (Roll no. 71). (text: CR H1099)House floor actions
2025-03-11FloorConsidered as unfinished business. (consideration: CR H1126)House floor actions
2025-03-11FloorPOSTPONED 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.House floor actions
2025-03-11FloorThe previous question was ordered pursuant to the rule.House floor actions
2025-03-11FloorDEBATE - The House proceeded with one hour of debate on H.J. Res. 25.House floor actions
2025-03-11FloorRule 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.House floor actions
2025-03-11FloorConsidered under the provisions of rule H. Res. 211. (consideration: CR H1099-1102)House floor actions
2025-03-11FloorRules 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.House floor actions
2025-02-28CalendarsPlaced on the Union Calendar, Calendar No. 3.House floor actions
2025-02-28CommitteeReported by the Committee on Ways and Means. H. Rept. 119-7.House floor actions
2025-02-26CommitteeOrdered to be Reported by the Yeas and Nays: 26 - 16.House committee actions
2025-02-26CommitteeCommittee Consideration and Mark-up Session HeldHouse committee actions
2025-01-21IntroReferralReferred to the House Committee on Ways and Means.House floor actions
2025-01-21IntroReferralIntroduced in HouseLibrary of Congress

Policy Area :

Taxation
Related Subjects
  • Administrative law and regulatory procedures
  • Congressional oversight
  • Currency
  • Digital media
  • Financial services and investments
  • Tax administration and collection, taxpayers
Related Geographic Entities
Related Organizations
  • Internal Revenue Service (IRS)

Related Bills

See Related Bills