Bill > HRes212

This resolution addresses Senate Joint Resolution 3, which relates to a rule proposed by the Internal Revenue Service (IRS) concerning reporting requirements for digital asset brokers. The resolution asserts that the joint resolution violates the first clause of Article I, Section 7 of the U.S. Constitution and infringes upon the privileges of the House of Representatives. Specifically, the resolution states that the Senate Joint Resolution contravenes constitutional provisions related to the legislative process. As a result, the House resolves to return the joint resolution to the Senate, accompanied by a formal message communicating the House's objections. The resolution highlights concerns about the proposed IRS rule on reporting gross proceeds from digital asset sales and challenges its legislative validity through this constitutional argument.

https://www.congress.gov/bill/119th-congress/house-resolution/212/all-info