To amend the Internal Revenue Code of 1986 to exclude from gross income de minimis gains from certain sales or exchanges of virtual currency, and for other purposes.

Cost and committee reports

Official records Congress.gov attaches to H.R. 3708.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. SCHWEIKERT, as printed in the Congressional Record (Vol. 163, No. 144, September 7, 2017, Pages H7182-H7183):
  Article I, Section 8, Clause 3 (``To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes''); Article I, Section 8, Clause 5 (``To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures''); and Article I, Section 8, Clause 18 (``To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States or in any Department or Officer thereof.'').
  Source: Congress.gov, Congressional Record September 7, 2017 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  559 characters

  Congress.gov bill record

  H.R. 3708, 115th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/115/hr/3708

  Record last updated by Congress.gov

  April 7, 2025

  PORKER copy retrieved

  September 21, 2026

  Stored copy, SHA-256 of the file

  843c87e5e35273f9d1784afde8ed7f53598292928bb3bfb1466a3538026954cb

  PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.

Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of April 7, 2025). Not every bill gets one.

From the Congress.gov bill record for H.R. 3708, last updated April 7, 2025. PORKER’s copy was retrieved September 21, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.