To amend the Internal Revenue Code of 1986 to provide for the tax treatment of digital assets.
Sponsor

Full profile: /officials/M001222
Source: Congress.gov · FEC
Cosponsors (3)
Members who have signed on to support this bill since introduction. Source: Congress.gov.
Latest Action
The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →
Committee Activity
Currently in
- House Committee on Ways and MeansReferred To · 2026-05-19
Plain-English Summary
The proposal would change how the federal government taxes digital assets like cryptocurrencies and NFTs, establishing clearer rules for when people owe taxes on these investments and how much they owe. This would affect anyone who buys, sells, or trades digital assets, as well as businesses that accept or deal in cryptocurrencies. The bill is currently under review by the House committee responsible for tax policy.
AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.
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