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Legislative Progress
Introduced
December 20, 2018
Latest Action
December 20, 2018
Primary Sponsor
Warren DavidsonRepublican(OH)
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
0pct
0d open
vs 7,393 other HR bills in the 115th — cohort avg 50d
Token Taxonomy Act This bill specifies that digital tokens, such as those used in virtual currencies, are not securities for regulatory purposes. The bill also provides for the tax treatment of virtual currencies, including by excluding from gross income any gains from virtual currency transactions up to $600.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (2)
2018 · fourth_quarter · Financial Institutions/Investments/Securities
Issues related to acceptance and use of digital assets and blockchain-based technologies H.R. 7224, Virtual Currency Consumer Protection Act of 2018 H.R. 7225, Virtual Currency Market and Regulatory Competitiveness Act of 2018 H.R. 7356, Token Taxonomy Act H.R. 6974, Blockchain Regulatory Certainty Act H.R. 6973, Safe Harbor for Taxpayers with Forked Assets Act of 2018 H.R. 6411, FinCEN Improvement Act of 2018 H.R. 3708, To amend the Internal Revenue Code of 1986 to exclude from gross income de minimis gains from certain sales or exchanges of virtual currency, and for other purposes H.Res. 1102, Expressing support for digital currencies and blockchain technology
Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $110,000 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS), Treasury, Dept of, White House Office
2018 · fourth_quarter · Financial Institutions/Investments/Securities
HR 7356, the Token Taxonomy Act; issues related to internet-based distributed financial systems and decentralized web applications using blockchain and related distributed ledger technologies.
Client expense: $120,000 · Firm income: Not reported
Government targets: Commodity Futures Trading Commission (CFTC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of