Senate Bill 695 - A bill to repeal the provisions of the Infrastructure Investment and Jobs Act that impose new information reporting requirements with respect to digital asset transfers.

Purpose and Summary

Chamber: Senate

Introduced date: 2023-03-08

Recent Activity

Read twice and referred to the Committee on Finance.

Alternative Names

A bill to repeal the provisions of the Infrastructure Investment and Jobs Act that impose new information reporting requirements with respect to digital asset transfers.

Associated Legislation

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Policy Areas

Taxation

Potential Impact

Sponsors and Supporters

Sen. Cruz, Ted [R-TX]

Cosponsors and Supporters

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Committees and Subcommittees

Finance Committee

Variations and Revisions

A bill to repeal the provisions of the Infrastructure Investment and Jobs Act that impose new information reporting requirements with respect to digital asset transfers.

12/15/2023, 4:06 PM

This bill repeals provisions of the Infrastructure Investment and Jobs Act with respect to the definition of broker and reporting requirements for digital assets.

Congress

118

Number

S - 695

Introduced on

2023-03-08

# Amendments

Variations and Revisions

3/8/2023

Text

PDF

XML

Status of Legislation

Bill Introduced

Introduced to House

House to Vote

Introduced to Senate

Senate to Vote

Purpose and Summary

This bill repeals provisions of the Infrastructure Investment and Jobs Act with respect to the definition of broker and reporting requirements for digital assets.

Alternative Names

Official Title as IntroducedA bill to repeal the provisions of the Infrastructure Investment and Jobs Act that impose new information reporting requirements with respect to digital asset transfers.

Policy Areas

Taxation

Comments

Recent Activity

Latest Summary3/22/2023

This bill repeals provisions of the Infrastructure Investment and Jobs Act with respect to the definition of broker and reporting requirements for digital assets.

Latest Action3/8/2023

Read twice and referred to the Committee on Finance.