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H.J.Res. 25 · 119th Congress · 2025–2026

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".

H.J.Res. 25 in the 119th Congress (2025–2026) became law — introduced on Jan 21, 2025, sponsored by Mike Carey with 9 co-sponsors. Congress held 3 roll call votes on it.

During the 119th Congress (2025–2026), Donald Trump was president, and Republicans held majorities in both the House and Senate.

Status
Became law
Introduced
Jan 21, 2025
Co-sponsors
9
Policy area
Taxation
Public law
Public Law 119-5
Groups that lobbied
6

What it does

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).

Summary by the nonpartisan Congressional Research Service.

Sponsor

Mike Carey (R-OH). Co-sponsors: 1 Democrat, 8 Republicans.

Where it stands

  • IntroducedJan 21, 2025
  • Passed the HouseMar 11, 2025
  • Passed the SenateMar 26, 2025
  • Sent to the PresidentApr 1, 2025
  • Became lawApr 10, 2025

Latest action: Became Public Law No: 119-5. (Apr 10, 2025)

How Congress voted

  • On the Joint Resolution
    Senate · Mar 26, 2025 · Joint Resolution Passed
    70–28
  • On the Motion to Proceed
    Senate · Mar 26, 2025 · Motion to Proceed Agreed to
    70–28
  • On Passage
    House · Mar 11, 2025 · Passed
    292–132

Every roll call vote on this bill

More bills from Mike Carey in the 119th Congress

Other Taxation bills in the 119th Congress

Who lobbied on it

6 organizations named this bill in lobbying reports (Jul 2025 – Sep 2026). Biggest spenders among them:

Committees

More

From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “H.J.Res. 25 (119th Congress): Providing for congressional…,” https://www.capitolreceipts.com/bill/119-hjres-25/providing-for-congressional-disapproval-under-chapter-8-of-title (accessed 2026-10-17).