Bill

BILL • US HOUSE

HRES 211

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.

119th Congress
Introduced by Michelle Fischbach,

HRES 211 streamlines House consideration of bills on IRS digital asset rules, unemployment fraud, and federal funding, impacting brokers and affected individuals.

Pursuant to the provisons of H.Res. 707, H.Res. 211 is amended.
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Bill Summary • HRES 211

Summary of HRES 211

Bill Number: HRES 211

Introduced: March 11, 2025

Status: Amended and passed in the House

Purpose and Intent

HRES 211 is a resolution that provides for the consideration of three legislative measures in the House of Representatives. The primary intent of this resolution is to facilitate the legislative process for the following:

  1. H.J. Res. 25 - A joint resolution aimed at disapproving a rule from the Internal Revenue Service (IRS) regarding the reporting of gross proceeds by brokers involved in digital asset sales.
  2. H.R. 1156 - A bill to amend the CARES Act to extend the statute of limitations for fraud related to certain unemployment programs.
  3. H.R. 1968 - A bill that makes further continuing appropriations and extensions for the fiscal year ending September 30, 2025.

Key Provisions

Consideration of H.J. Res. 25

  • The resolution allows for the consideration of H.J. Res. 25 under a closed rule, meaning no amendments can be made during the debate.
  • All points of order against the consideration of the joint resolution are waived.
  • The joint resolution will be considered as read, and there will be one hour of general debate controlled by the chair and ranking minority member of the Committee on Ways and Means.
  • A single motion to recommit is allowed.

Consideration of H.R. 1156

  • Similar to H.J. Res. 25, H.R. 1156 will also be considered under a closed rule with waived points of order.
  • The amendment recommended by the Committee on Ways and Means will be considered as adopted.
  • There will be one hour of general debate and one motion to recommit.

Consideration of H.R. 1968

  • H.R. 1968 will be considered under a closed rule with waived points of order.
  • The amendment printed in the report will be considered as adopted.
  • The same structure of one hour of general debate and one motion to recommit applies.

Additional Provisions

  • The resolution specifies that each day for the remainder of the first session of the 119th Congress will not count as a calendar day for purposes of the National Emergencies Act regarding a national emergency declared on February 1, 2025.

Impact

  • Affected Parties: The resolution primarily impacts the IRS, brokers involved in digital asset sales, and individuals involved in unemployment programs affected by fraud. It also has implications for federal appropriations and budgeting processes.
  • Legislative Process: By waiving points of order and establishing a structured debate, HRES 211 streamlines the legislative process for these bills, allowing for expedited consideration and potential passage.

Procedural Timeline

  • March 11, 2025: HRES 211 was introduced, debated, and passed in the House by a recorded vote of 216 to 214.
  • Subsequent Actions: The resolution was amended and reported by the Committee on Rules, and it is now positioned for further legislative action.

Conclusion

HRES 211 is a critical resolution that facilitates the consideration of significant legislative measures concerning IRS regulations on digital assets, unemployment fraud, and federal appropriations. Its passage reflects ongoing efforts to address regulatory and fiscal challenges in the current legislative session.

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Key Provisions Impacts Timeline
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