Cryptocurrency Tax Reform Act
Summary
Cryptocurrency Tax Reform Act This bill modifies the definition of broker f or tax reporting purposes to include any person who (for consideration) effectuates transfers of digital assets on behalf of another person. It also treats digital assets (i.e., a digital representation of value that is recorded on a cryptographically secured distributed ledger) as specified securities for reporting purposes.
Bill status
in committee
1 of 4 stages cleared
Introduction
Aug 2021
Committee Review
Floor Vote
President
Introduced Aug 23, 2021
Last action Aug 23, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Aug 23, 2021
Committee
Referred to the House Committee on Ways and Means.
lower
Aug 23, 2021
Introduced
Introduced in House
lower
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Darren Soto
DDemocratic
Co
Byron Donalds
RRepublican
Co
Ro Khanna
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about HR 5083
Scope: US
Hi! I can help you understand HR 5083. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline