Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of the Treasury relating to "Gross Proceeds and Basis Reporting by Brokers and Determination of Amount Realized and Basis for Digital Asset Transactions".

This joint resolution seeks to disapprove a rule from the Department of the Treasury regarding "Gross Proceeds and Basis Reporting by Brokers and Determination of Amount Realized and Basis for Digital Asset Transactions." If enacted, the bill would nullify the Treasury's rule, preventing the implementation of new reporting requirements for digital asset brokers concerning transaction proceeds and cost basis. The bill aims to block a specific regulatory action by the Treasury related to crypto tax reporting.