Bill116th CongressFiled Jul 25, 2019Taxation
H.R. 3963
To amend the Internal Revenue Code of 1986 to allow exclusion of gain or loss on like-kind exchanges of virtual currency.
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jul 25, 2019)
Virtual Value Tax Fix Act of 2019
This bill allows an exclusion of gain or loss, for income tax purposes, on like-kind exchanges of virtual currency completed prior to 2025.
What just happenedJul 25, 2019
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Budd, Ted [R-NC-13](R-NC)Sponsor
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- Introduced in HouseJul 25, 2019
- Jul 25, 2019IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jul 25, 2019IntroReferralIntro-H
Introduced in House
- Jul 25, 2019IntroReferral1000
Introduced in House