Bill · H.Res. 212· House(119-HRES-212)
Returning Senate Joint Resolution 3 to the Senate.
- Introduced
- 3/11/2025
- Last activity
- 3/11/2025 — Motion to reconsider laid on the table Agreed to without objection.
- Sponsored by
- Jason Smith
- Cosponsors
- None
- Introduced
- Adopted by the House
A House resolution is the House speaking for itself: stating a position, honouring someone, or setting its own rules. Adopting it is the whole process. Once the House agrees to it, it is officially the House's word; it is not a law, so the Senate and the President have no part in it.
What this bill would do
This resolution concerns Senate Joint Resolution 3. The resolution addresses a rule submitted by the Internal Revenue Service. This rule relates to gross proceeds reporting by brokers that regularly provide services effectuating digital asset sales. The House of Representatives believes this rule contravenes the Constitution. Specifically, it is argued to contravene the first clause of the seventh section of the first article.
Yes
No question was scored yes.
The opposite
Does this give the federal government more power?-3
The resolution seeks to curb an IRS rule, thereby limiting federal regulatory reach.
Who it would affect, and how
Potential Positive Impacts for People
- Protection of Constitutional Rights: The House expresses the opinion that the rule contravenes the first clause of the seventh section of the first article of the Constitution. This suggests the resolution seeks to prevent a rule that may infringe upon constitutional standards. (H. Res. 212)
Potential Negative Impacts for People
- No specific negative impacts for people are detailed in the text provided.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Governance And Ideology
- Increases Federal Power-3
- 3/11/2025
- Motion to reconsider laid on the table Agreed to without objection.
- Passed/agreed to in House: On agreeing to the resolution Agreed to without objection. (text: CR H1093)
- On agreeing to the resolution Agreed to without objection. (text: CR H1093)
- Considered as privileged matter. (consideration: CR H1093)
- Bill introduced.
2 bills Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
- 119-HJRES-25: 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".
- 119-SJRES-3: A joint resolution 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".