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

Congressional Summary of S 695

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

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Current Status of Bill S 695

Bill S 695 is currently in the status of Bill Introduced since March 8, 2023. Bill S 695 was introduced during Congress 118 and was introduced to the Senate on March 8, 2023. Bill S 695's most recent activity was Read twice and referred to the Committee on Finance. as of March 8, 2023

Bipartisan Support of Bill S 695

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 695

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 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.