Bill · H.R. 9174· House(119-HR-9174)
Digital Assets Voluntary Disclosure Program Act
- Introduced
- 6/8/2026
- Last activity
- 6/8/2026 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Aaron Bean
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill directs the Secretary of the Treasury to establish the Digital Assets Voluntary Disclosure Program within 12 months. The program allows eligible taxpayers to fix past digital assets violations by filing amended returns, paying back taxes with interest, and paying a specific violation penalty. In return, compliant taxpayers receive waivers for certain further penalties and protections against criminal prosecution for the disclosed violations. Taxpayers are split into uncertified and certified categories based on whether they certify under penalty of perjury that their violations were not committed fraudulently or willfully. The legislation outlines specific penalty percentages depending on the taxpayer category and the timing of their amended returns. Finally, the Secretary is granted authority to issue regulations, set application fees, and waive penalties when it serves the interests of justice.
Yes· 3 of 11
Does this protect the right to fair treatment by the courts?+3
It provides protections against criminal prosecution for individuals who properly disclose past digital asset violations.
Would people in their twenties and thirties be better off under this?+2
Young adults disproportionately hold digital assets and benefit from a pathway to resolve tax non-compliance safely.
Does this make what the government does easier for the public to see?+2
The program encourages tax transparency and voluntary compliance regarding digital asset ownership.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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For uncertified eligible taxpayers, properly disclosing violations and fulfilling remedial requirements under Section 2(c)(1)(B) ensures that the Secretary will not use the disclosed information to refer them for criminal investigation or prosecution under sections 7201, 7203, or 7206. This gives folks a safe harbor to come clean without the constant fear of criminal charges for tax issues related to digital assets.
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Under Section 2(c)(1)(A) and Section 2(c)(2), participating taxpayers who pay their digital assets violation penalties receive waivers for further penalties under sections 6662 and 6663 regarding their tax deficiencies. This protects individuals from compounding penalties piling up on top of what they already owe.
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Section 2(d)(5)(C) allows the Secretary to waive part or all of the digital assets violation penalty if it is in the interests of justice and proper administration, particularly in cases involving reasonable cause. This provides a fair safety valve for everyday people who made honest mistakes rather than intentional evasion.
Potential Negative Impacts for People
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Section 2(b)(1)(C)(ii) requires participants to pay a digital assets violation penalty alongside their tax deficiencies and interest. For uncertified taxpayers under Section 2(d)(5)(A), this penalty can hit 25 percent of the tax deficiency under $25,000 and jump to 40 percent for amounts exceeding $25,000, which is a heavy financial burden for individuals already facing tax shortfalls.
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Under Section 2(d)(5)(B), if a taxpayer files an amended return later than 12 months after the program is established, the penalty rates automatically increase—such as moving from 25 percent to 40 percent for certain uncertified taxpayers. This creates a stressful countdown that could penalize folks who need more time to get their finances in order.
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Section 2(b) permits the Secretary to impose a reasonable fee just to submit an application to participate in the program. This means people must pay money upfront merely to ask for help in correcting their tax records.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Young Adults+2Good For High Income Households+1Good For High Net Worth Individuals+1Good For Middle Aged+1Good For Middle Class Households+1Good For Students+1
- Governance And Ideology
- Improves Due Process+3Improves Government Transparency+2Increases Federal Power+1
- Economy And Finance
- Improves Fiscal Responsibility+2Reduces National Debt+2
- 6/8/2026
- Referred to the House Committee on Ways and Means.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.