Returning Senate Joint Resolution 3 to the Senate.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
This House Resolution seeks to return Senate Joint Resolution 3 to the Senate. The resolution argues that a rule issued by the Internal Revenue Service (IRS) regarding reporting of gross proceeds from digital asset sales by brokers infringes upon the House of Representatives’ constitutional rights and privileges. It’s essentially a statement of disapproval from the House regarding the IRS rule.
Key provisions
- Expresses disapproval of the IRS rule.
- Claims the rule violates the first clause of the seventh section of the Constitution.
- Asserts the rule infringes upon the House’s privileges.
- Requests the return of Senate Joint Resolution 3 to the Senate.
Who is affected
- Internal Revenue Service (IRS)
- Brokers providing digital asset sales services
- Individuals involved in digital asset sales
Notable changes
- This resolution does not propose any changes to existing law, but rather expresses a disagreement with a specific IRS rule.
Bill text
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Sponsors
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1 on record
Primary sponsor
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