Bill115th CongressFiled Dec 20, 2018Taxation
H.R. 7361
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 (Dec 20, 2018)
This bill amends the Internal Revenue Code to require the nonrecognition of a taxpayer's gains or losses from like-kind exchanges of virtual currency, in the same manner as gains or losses from like-kind exchanges of real property are currently not recognized.
What just happenedDec 20, 2018
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Budd, Ted [R-NC-13](R-NC)Sponsor
1committees3actions3subjects
- Introduced in HouseDec 20, 2018
- Dec 20, 2018IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Dec 20, 2018IntroReferralIntro-H
Introduced in House
- Dec 20, 2018IntroReferral1000
Introduced in House