Jason Smith (R-MO)
Returning Senate Joint Resolution 3 to the Senate.
A Republican resolution with no cosponsors
Last activity — Motion to reconsider laid on the table Agreed to without objection.
Adopted
The chamber formally agreed to it, and for a resolution that is the finish line: what it says is now officially the chamber's position, rule or tribute.
Nothing more is needed. A resolution is how a chamber speaks for itself or sets its own rules, so adopting it is what puts it into effect. It is not a law, so there is nothing for the President to sign.
Its path through Congress
- Introduced
- Adopted by the House unanimous consent
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.
The House by unanimous consent (no one objected, so there was no vote): no member's position on it was recorded.
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
- Scored -3
Does this give the federal government more power?
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. Tap or hover a score for the reason it gave.
- Governance And Ideology
- Does this give the federal government more power? — The resolution seeks to curb an IRS rule, thereby limiting federal regulatory reach.
- 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".