HR9178Referred to Committee

To amend the Internal Revenue Code of 1986 to reduce certain tax compliance burdens with respect to digital asset ownership, and for other purposes.

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-06-08
Introduced
0
Cosponsors
HR
ⓘ
Type

Sponsor

Rudy Yakym III
Rudy Yakym III
Republican · IN · Representative
Votes with party: 99.1% (566 recorded votes)

Full profile: /officials/Y000067

Source: Congress.gov · FEC

Cosponsors (0)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.

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 →

Referred to the House Committee on Ways and Means.

2026-06-08

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

The proposal would make it easier for people who own digital assets like cryptocurrency to comply with tax rules by reducing paperwork requirements and reporting burdens. Currently, the IRS requires detailed tracking of digital asset transactions, which can be complicated and costly for individual investors and small businesses. This bill aims to streamline those requirements while still ensuring the government collects appropriate taxes on digital asset gains.

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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