Analyze HRES211 - 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.

This House Resolution outlines the terms for considering several legislative items, including H.J. Res. 25. H.J. Res. 25 seeks congressional disapproval of an Internal Revenue Service (IRS) rule that would require brokers to report gross proceeds from digital asset sales. This resolution, by providing for the consideration of H.J. Res. 25, facilitates a vote on potentially blocking these new tax reporting requirements for the crypto industry.

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