House joint resolution · 119th Congress · Public Law 119-5
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".
H.J.Res. 25Introduced Jan 21, 2025Policy area: Taxation
Became law on Apr 10, 2025.
Open in Bill Explorer →Where it went
- IntroducedJan 21, 2025
- Committee actionFeb 26, 2025
- Passed HouseMar 11, 2025 · 292–132
- Passed SenateMar 26, 2025 · 70–28
- To the PresidentApr 1, 2025
- Became lawApr 10, 2025
Latest action: Apr 10, 2025 — Became Public Law No: 119-5.
Cost and committee reports
Official records Congress.gov attaches to H.J.Res. 25.
- CBO cost estimateThe Congressional Budget Office published “H.J. Res. 25, 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”” on March 7, 2025. CBO’s description reads “As reported by the House Committee on Ways and Means on February 28, 2025”.
Read the CBO estimate ↗Source: Congressional Budget Office, March 7, 2025 ↗Evidence
- Field in the Congress.gov record
- cboCostEstimates
- CBO publication
- https://www.cbo.gov/publication/61241
- CBO publication date
- March 7, 2025
- Congress.gov bill record
- H.J.Res. 25, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hjres/25
- Record last updated by Congress.gov
- July 10, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
9f010976a422234ba0d1efe592aa1afb62a940154523d50a9bb3c4d59e753add
PORKER links to the estimate and does not repeat its dollar figures. Each estimate is for the version of the bill its description names; the bill may have changed since.
- Committee reportCongress.gov lists 1 committee report for this bill: H. Rept. 119-7 ↗. The Congress.gov committee record lists a “Reported By” entry for the Ways and Means Committee on February 28, 2025.
Source: Congress.gov, reported February 28, 2025 ↗Evidence
- Field in the Congress.gov record
- committeeReports
- Report API records
- https://api.congress.gov/v3/committee-report/119/HRPT/7
- Congress.gov bill record
- H.J.Res. 25, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hjres/25
- Record last updated by Congress.gov
- July 10, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
9f010976a422234ba0d1efe592aa1afb62a940154523d50a9bb3c4d59e753add
A committee report is the committee’s own explanation of the bill. PORKER lists it and links to it; reading it is up to you.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. CAREY, as printed in the Congressional Record (Vol. 171, No. 12, January 21, 2025, Page H258):
Article 1, Section 8
Source: Congress.gov, Congressional Record January 21, 2025 ↗Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 20 characters
- Congress.gov bill record
- H.J.Res. 25, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hjres/25
- Record last updated by Congress.gov
- July 10, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
9f010976a422234ba0d1efe592aa1afb62a940154523d50a9bb3c4d59e753add
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Vote results
3 recorded roll-call votes on H.J.Res. 25. The 2 that moved the bill are first, in date order.
1HOUSE · MAR 11, 2025
Passed the House
292–132PASSED
R 216–0 D 76–132
On Passage · roll 71 · 1 present · 7 not voting
2SENATE · MAR 26, 2025
Passed the Senate
70–28PASSED
R 53–0 D 17–26 I 0–2
On the Joint Resolution · roll 151 · 2 not voting
Procedural votes (1) — motions, rulings and amendments along the way (1 Senate). Tap to show.
Oldest first. Totals are yea–nay.
Start debate on H.J.Res. 25Motion to proceed
Senate · Mar 26, 2025 · roll 150
R 52–0 D 18–26 I 0–2
70–28Agreed
More from the sponsor
Other 119th Congress bills sponsored by Rep. Mike Carey.
Related bills
Relationships as recorded by Congress.gov.
Open in Bill Explorer →
Data as of Sep 25, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.