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".

This joint resolution uses the Congressional Review Act (chapter 8 of title 5, U.S.C.) to disapprove a specific Internal Revenue Service (IRS) rule titled “Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales.” If enacted, it would void the rule, meaning the IRS would not be able to implement it. The rule in question, published as 89 Fed. Reg. 106928 on December 30, 2024, would have required certain brokers that regularly facilitate digital asset sales to report gross proceeds to the IRS. By disapproving this rule, Congress would prevent that reporting requirement from taking effect. The measure indicates a congressional preference to block this particular regulatory approach to digital asset tax reporting, rather than to repeal the underlying statutory framework or replace it with an alternative rule.