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Fair Taxation of Digital Assets in Puerto Rico Act of 2025

5/7/2025, 4:23 AM

Summary of Bill HR 2982

H.R. 2982, introduced in the 119th Congress on April 21, 2025, aims to amend the Internal Revenue Code of 1986 regarding the sourcing rules for digital asset income of Puerto Rican residents.

Current Status of Bill HR 2982

Bill HR 2982 is currently in the status of Bill Introduced since April 21, 2025. Bill HR 2982 was introduced during Congress 119 and was introduced to the House on April 21, 2025.  Bill HR 2982's most recent activity was Referred to the House Committee on Ways and Means. as of April 21, 2025

Bipartisan Support of Bill HR 2982

Total Number of Sponsors
2
Democrat Sponsors
2
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
2
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 2982

Primary Policy Focus

Alternate Title(s) of Bill HR 2982

To amend the Internal Revenue Code of 1986 to modify the application of the sourcing rules for digital asset income of Puerto Rican residents.
To amend the Internal Revenue Code of 1986 to modify the application of the sourcing rules for digital asset income of Puerto Rican residents.

Comments

Liv Barton profile image

Liv Barton

658

9 months ago

This bill, it's just so sad. It's about taxing digital assets in Puerto Rico. I'm from IA and I'm 63 years old, and as an independent, I think this bill is necessary. It may affect me personally, but it's important for fair taxation. Those who have digital assets in Puerto Rico will be affected by this bill.