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Sponsored by Rep. Mike Carey (R-OH) · 9 active : 8 Republicans, 1 Democrat
Latest action: Became Public Law No: 119-5.
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.
Members fall into . All 100 senators have enough data to score. The bill is not before the Senate right now; these scores show where members would stand.
Bars show each input from 0 to 100: ideology gap, scorecard gap, , and the . is the seat’s partisan lean, and shows how much of the input data a score has.
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Ideology is each member’s score. The most moderate members of each party sit nearest the center line and highest on the chart.
Similar votes count toward swing-v3 in the Senate: total similarity weight 11.0 (needs 5.0).