Us Congress 2025-2026 Regular Session

Us Congress House Bill HR211

Introduced

3/11/25

Caption

Providing for consideration of the joint resolution (H.J. Res. 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"; providing for consideration of the bill (H.R. 1156) to amend the CARES Act to extend the statute of limitations for fraud under certain unemployment programs, and for other purposes; providing for consideration of the bill (H.R. 1968) making further continuing appropriations and other extensions for the fiscal year ending September 30, 2025, and for other purposes; and for other purposes.

Impact

The resolution specifically lays out guidelines for how the mentioned bills and joint resolution are to be debated in the House. It stipulates that debate time will be evenly divided between the chair and ranking minority member of the Committee on Ways and Means, ensuring that both sides have a fair opportunity to present their arguments. This arrangement reflects an effort to maintain structured and orderly legislative proceedings while dealing with complex and significant matters regarding IRS regulations and appropriations.

Summary

HR211 is a resolution providing for the consideration of several bills and a joint resolution in the House of Representatives. Notably, it encompasses provisions for congressional disapproval regarding a rule by the Internal Revenue Service (IRS) related to gross proceeds reporting by brokers handling digital asset sales. This rule has raised concerns among legislators who question the IRS's approach to regulating digital asset trading, reflecting ongoing debates about cryptocurrency regulations and tax reporting requirements.

Contention

There are notable points of contention surrounding the rule proposed by the IRS, primarily focusing on how it could affect the transparency and regulatory landscape of digital currencies. Supporters argue for the necessity of strict reporting measures to prevent fraud and enhance accountability in digital asset transactions. However, opponents see it as potentially burdensome for businesses and individuals engaging in legitimate digital asset trading, arguing that it could stifle innovation and growth in this emerging sector.

Congress_id

119-HRES-211

Policy_area

Congress

Introduced_date

2025-03-11

Latest HR211 Activity

Companion Bills

US HJR25

Related bill This joint resolution nullifies the rule titled Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales and issued by the Internal Revenue Service (IRS) on December 30, 2024. The rule generally requires persons effectuating decentralized financial (DeFi) transactions to report certain information regarding digital asset sales to the IRS.

US HB1156

Related bill Pandemic Unemployment Fraud Enforcement ActThis bill extends from 5 to 10 years the statute of limitations for federal criminal charges or civil enforcement actions for fraud related to several unemployment insurance programs that were established during the COVID-19 pandemic.  The extension applies to Pandemic Unemployment Assistance, Federal Pandemic Unemployment Compensation, Mixed Earners Unemployment Compensation, and Pandemic Emergency Unemployment Compensation. The bill extends the statute of limitations for (1) criminal charges related to fraud, including aggravated identity theft, wire fraud, and conspiracy to commit fraud; and (2) civil actions involving false claims. However, the bill does not apply to a criminal prosecution or civil enforcement action if the applicable statute of limitations expired before the date of the bill's enactment.Additionally, the bill rescinds specified unobligated funds that were provided in the American Rescue Plan Act of 2021 to the Department of Labor for anti-fraud and program integrity activities.  

US HB1968

Procedurally-related Full-Year Continuing Appropriations and Extensions Act, 2025This bill provides continuing FY2025 appropriations for federal agencies and extends various expiring programs and authorities. Specifically, the bill provides continuing FY2025 appropriations to federal agencies for the remainder of FY2025. It is known as a continuing resolution (CR) and prevents a government shutdown that would otherwise occur if the FY2025 appropriations bills have not been enacted when the existing CR expires on March 14, 2025. The CR funds most programs and activities at the FY2024 levels. It also includes several additional provisions that increase or decrease funding for various programs compared to FY2024 levels. In addition, the bill extends several expiring programs and authorities, includingseveral public health, Medicare, and Medicaid authorities and programs;the National Flood Insurance Program;authorities related to the Commodity Futures Trading Commission whistleblower program;the Department of Homeland Security (DHS) National Cybersecurity Protection System;authorities for DHS and the Department of Justice to take certain actions to mitigate a credible threat from an unmanned aircraft system;the Temporary Assistance for Needy Families (TANF) program;several immigration-related programs and authorities; the special assessment on nonindigent persons or entities convicted of certain offenses involving sexual abuse or human trafficking;the temporary scheduling order issued by the Drug Enforcement Administration to place fentanyl-related substances in Schedule I of the Controlled Substances Act;the authorization for the U.S. Parole Commission; andthe Department of Agriculture livestock mandatory price reporting program.

Previously Filed As

US HR1316

Providing for consideration of the bill (H.R. 8774) making appropriations for the Department of Defense for the fiscal year ending September 30, 2025, and for other purposes; providing for consideration of the bill (H.R. 8771) making appropriations for the Department of State, foreign operations, and related programs for the fiscal year ending September 30, 2025, and for other purposes; and providing for consideration of the bill (H.R. 8752) making appropriations for the Department of Homeland Security for the fiscal year ending September 30, 2025, and for other purposes.

US HR730

Providing for consideration of the bill (H.R. 5692) making supplemental appropriations for the fiscal year ending September 30, 2024, and for other purposes; providing for further consideration of the bill (H.R. 4365) making appropriations for the Department of Defense for the fiscal year ending September 30, 2024, and for other purposes; and providing for further consideration of the bill (H.R. 4367) making appropriations for the Department of Homeland Security for the fiscal year ending September 30, 2024, and for other purposes.

US HR756

Providing for consideration of the bill (H.R. 4394) making appropriations for energy and water development and related agencies for the fiscal year ending September 30, 2024, and for other purposes, and providing for consideration of the bill (H.R. 4364) making appropriations for the Legislative Branch for the fiscal year ending September 30, 2024, and for other purposes.

US HR1370

Providing for consideration of the bill (H.R. 8997) making appropriations for energy and water development and related agencies for the fiscal year ending September 30, 2025, and for other purposes, and providing for consideration of the bill (H.R. 8998) making appropriations for the Department of the Interior, environment, and related agencies for the fiscal year ending September 30, 2025, and for other purposes.

US HR383

Providing for consideration of the bill (H.R. 2) to secure the borders of the United States, and for other purposes, and providing for consideration of the bill (H.R. 1163) to provide incentives for States to recover fraudulently paid Federal and State unemployment compensation, and for other purposes.

US HR1160

Providing for consideration of the bill (H.R. 8034) making emergency supplemental appropriations to respond to the situation in Israel and for related expenses for the fiscal year ending September 30, 2024, and for other purposes; providing for consideration of the bill (H.R. 8035) making emergency supplemental appropriations to respond to the situation in Ukraine and for related expenses for the fiscal year ending September 30, 2024, and for other purposes; providing for consideration of the bill (H.R. 8036) making emergency supplemental appropriations for assistance for the Indo-Pacific region and for related expenses for the fiscal year ending September 30, 2024, and for other purposes; providing for consideration of the bill (H.R. 8038) to authorize the President to impose certain sanctions with respect to Russia and Iran, and for other purposes; and providing for the concurrence by the House in the Senate amendment to H.R. 815, with an amendment.

US HR723

Providing for consideration of the bill (H.R. 4365) making appropriations for the Department of Defense for the fiscal year ending September 30, 2024, and for other purposes; providing for consideration of the bill (H.R. 4367) making appropriations for the Department of Homeland Security for the fiscal year ending September 30, 2024, and for other purposes; providing for consideration of the bill (H.R. 4665) making appropriations for the Department of State, foreign operations, and related programs for the fiscal year ending September 30, 2024, and for other purposes; and providing for consideration of the bill (H.R. 4368) making appropriations for Agriculture, Rural Development, Food and Drug Administration, and Related Agencies programs for the fiscal year ending September 30, 2024, and for other purposes.

Similar Bills

No similar bills found.