This bill repeals provisions of the Infrastructure Investment and Jobs Act with respect to the definition of broker and reporting requirements for digital assets.
To repeal the provisions of the Infrastructure Investment and Jobs Act 
  that impose new information reporting requirements with respect to 
                        digital asset transfers.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. REPEAL OF NEW INFORMATION REPORTING REQUIREMENTS WITH 
              RESPECT TO DIGITAL ASSET TRANSFERS.

    (a) In General.--The amendments made by section 80603 of the 
Infrastructure Investment and Jobs Act are repealed and the provisions 
of law amended by such section are restored as if such section had 
never been enacted.
    (b) Effective Date.--The repeal made by subsection (a) shall take 
effect on the date of enactment of this Act.
                                                       Calendar No. 168

117th CONGRESS

  1st Session

                                S. 3206

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A bill to repeal the provisions of the Infrastructure Investment and Jobs Act that impose new information reporting requirements with respect to digital asset transfers.
A bill to repeal the provisions of the Infrastructure Investment and Jobs Act that impose new information reporting requirements with respect to digital asset transfers.
Official Titles - Senate
Official Title as Introduced
A bill to repeal the provisions of the Infrastructure Investment and Jobs Act that impose new information reporting requirements with respect to digital asset transfers.
Sen. Cruz, Ted