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HRES 211119th CongressIn Committee

Providing for consideration of the joint resolution (H.J. Res. 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"; providing for consideration of the bill (H.R. 1156) to amend the CARES Act to extend the statute of limitations for fraud under certain unemployment programs, and for other purposes; providing for consideration of the bill (H.R. 1968) making further continuing appropriations and other extensions for the fiscal year ending September 30, 2025, and for other purposes; and for other purposes.

Introduced: Mar 11, 2025
Economy & TaxesFinancial ServicesLabor & Employment
Standard Summary
Comprehensive overview in 1-2 paragraphs

This is a House Rules resolution (H. Res. 211) that provides for the manner in which the House will consider three separate pieces of legislation: (1) a joint resolution (H.J. Res. 25) to disapprove a specific Internal Revenue Service rule about gross proceeds reporting by brokers dealing with digital asset sales under the Congressional Review Act; (2) H.R. 1156 to amend the CARES Act to extend the statute of limitations for fraud in certain unemployment programs, and for other purposes; and (3) H.R. 1968 to authorize further continuing appropriations and other extensions through the fiscal year ending September 30, 2025, and for other purposes. In short, the resolution sets expedited debate and passage procedures for these bills, waives typical points of order, and includes a timing framework (one-hour debates, motions to recommit) to push these measures toward final passage. It also contains a procedural provision affecting how days count toward the National Emergencies Act calendar.

Key Points

  • 1Expedited consideration of H.J. Res. 25 (CRA disapproval of an IRS rule on gross proceeds reporting by digital asset brokers) is authorized. All points of order against consideration are waived, and the resolution sets limited debate and a motion to recommit process.
  • 2For H.R. 1156 (CARES Act amendment to extend fraud statute of limitations for certain unemployment programs), the amendment in the nature of a substitute recommended by the Ways and Means Committee is treated as adopted, and the bill is set for limited debate with a one-hour time limit and a motion to recommit.
  • 3For H.R. 1968 (further continuing appropriations and extensions through the 2025 fiscal year), the committee-published amendment is considered adopted, with similar one-hour debate and motion to recommit structure.
  • 4Each measure is directed to be read and considered under tight time constraints, with the “previous question” to end debate ordered on each bill (subject to the specified exceptions).
  • 5Sec. 4 includes a National Emergencies Act provision stating that each remaining day of the first session of the 119th Congress will not count as a calendar day for purposes of terminating a national emergency declared on February 1, 2025, effectively extending the duration under that emergency framework.

Impact Areas

Primary group/area affected:- Tax and digital asset sectors (through potential subsequent disposition of the IRS rule on digital asset gross proceeds reporting if H.J. Res. 25 proceeds); brokers and platforms involved in digital asset sales may be directly affected by the policy being disapproved or challenged.Secondary group/area affected:- Individuals and entities involved in unemployment programs and fraud enforcement (through potential changes in statute-of-limitations timelines via H.R. 1156).- Federal agencies and program managers funded by continuing resolutions (H.R. 1968) and related appropriations, with implications for ongoing government operations and program continuities through 2025.Additional impacts:- The rules package accelerates consideration and potential passage, reducing typical debate time, which can influence the quality of deliberation and the range of amendments available.- Procedural interaction with the National Emergencies Act could affect how emergency authorities are counted or extended during the remainder of the session.
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