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US Senate Sends Infrastructure Bill to House

The bill contains a broad definition of "broker" for crypto tax reporting requirements that lawmakers and industry advocates sought to change over the past week.

Updated Sep 14, 2021, 1:38 p.m. Published Aug 10, 2021, 3:52 p.m.
Senators Pat Toomey (R-Pa.) and Cynthia Lummis (R-Wyo.) introduced a last-chance amendment to clarify the crypto language in the infrastructure bill on Monday that was ultimately blocked by Senator Richard Shelby (R-Ala.).
Senators Pat Toomey (R-Pa.) and Cynthia Lummis (R-Wyo.) introduced a last-chance amendment to clarify the crypto language in the infrastructure bill on Monday that was ultimately blocked by Senator Richard Shelby (R-Ala.).