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proceduralMar 26, 2025 · Senate roll call · procedural · Result: Motion to Proceed Agreed to

On the Motion to Proceed — Motion to Proceed to H.J.Res. 25

This was a procedural vote — a decision about process (such as ending debate or handling a motion), not a direct vote on a bill, amendment, or nominee.

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".

In plain language

  • House joint resolution in the 119th Congress.
  • Nullifies requirements for persons effectuating decentralized financial (DeFi) transactions to report certain information regarding digital asset sales.
  • House passed it on Mar 11, 2025 (substantive).
Official summary (Congressional Research Service)

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). Specifically, the joint resolution nullifies the requirements included in the rule titled Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales and issued by the IRS on December 30, 2024. Decentralized finance refers to the suite of financial activities and services that are facilitated by cryptocurrency and intended to be conducted without any sort of reliance on traditional financial tools or intermediaries.

View this measure on congress.gov

Roll-call breakdown

Yea70

Democrat: 18 · Republican: 52

Nay28

Democrat: 26 · Independent: 2

Present0

Not Voting2

Democrat: 1 · Republican: 1

How each member voted (100)

Yea (70)

Nay (28)

Not Voting (2)

Party labels reflect each member’s most recent affiliation on record.