Contact Congress about S.J.Res. 3: 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 resolution would wipe out a specific IRS rule on reporting gross proceeds from digital asset sales. It does not create a new tax system or replacement rule. The Senate passed it on March 4, 2025, but it still needs more action to become law.

Modern Action explains legislation in plain English, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.

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". is a House bill awaiting final action. The latest recorded action: Message received in Senate: Returned to the Senate pursuant to the provisions of H.Res. 212.

Latest action on S.J.Res. 3: Message received in Senate: Returned to the Senate pursuant to the provisions of H.Res. 212.

Who this affects: The resolution mainly affects digital asset brokers, taxpayers who buy and sell digital assets, and the IRS. Its practical effect would depend on whether the resolution becomes law and whether anything later replaces the blocked rule.

Why this matters: This matters because it could change what transaction information the IRS receives about digital asset sales and how that information gets reported. That affects tax enforcement, taxpayer recordkeeping, and compliance costs for brokers. The full real-world effect is uncertain because the resolution does not create a replacement system, and some older rules or interpretations could still stay in place.

Key provisions in S.J.Res. 3

• Aims at one IRS regulation called "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales."
• That rule was published in the Federal Register, the government's official rulemaking journal, at 89 Fed. Reg. 106928 on December 30, 2024.
• Uses the Congressional Review Act process in chapter 8 of title 5 of the U.S. Code.
• If this resolution becomes law, the IRS rule would have no force or effect, so it would be legally canceled.
• It does not create a new tax or set up a new reporting system; it only wipes out the specific IRS rule it names.

How Modern Action helps you take action on S.J.Res. 3

You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.

Questions people ask about S.J.Res. 3

What is S.J.Res. 3?

This resolution would wipe out a specific IRS rule on reporting gross proceeds from digital asset sales. It does not create a new tax system or replacement rule. The Senate passed it on March 4, 2025, but it still needs more action to become law.

How do I support or oppose S.J.Res. 3?

Choose support, oppose, or ask for changes on Modern Action. The action flow drafts the message for you and keeps the wording tied to this bill.

Who should I contact about S.J.Res. 3?

Modern Action uses your location to route the action to the congressional offices relevant to the bill and your representation.

Can Modern Action explain S.J.Res. 3 before I act?

Yes. Modern Action gives you a plain-English summary, current status, and action context before you send anything.