Providing for consideration of the joint resolution (H.J. Res. 25) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales"; providing for consideration of the bill (H.R. 1156) to amend the CARES Act to extend the statute of limitations for fraud under certain unemployment programs, and for other purposes; providing for consideration of the bill (H.R. 1968) making further continuing appropriations and other extensions for the fiscal year ending September 30, 2025, and for other purposes; and for other purposes.

What This Bill Does

This legislation is a procedural "rule" bill — meaning it sets the terms for how the House of Representatives will debate and vote on three separate pieces of legislation. Bills like this are common in the House and are managed by the House Rules Committee. They don't change policy on their own, but they control which bills get a vote, how long debate lasts, and what amendments (if any) are allowed. It passed the House by a very narrow margin of 216–214.

The Three Bills It Brings to the Floor

The first bill (H.J. Res. 25) would overturn an IRS rule requiring cryptocurrency brokers to report customers' sales proceeds to the government — similar to how stock brokers currently report investment activity. This would affect people who buy and sell digital assets like Bitcoin, as well as the crypto platforms and brokers who serve them. The second bill (H.R. 1156) would extend the time the government has to pursue fraud cases related to pandemic-era unemployment benefits paid through the CARES Act. This affects people suspected of improperly receiving those funds. The third bill (H.R. 1968) is a continuing resolution — a temporary government funding measure to keep federal agencies operating through the end of the current fiscal year (September 30, 2025), preventing a potential government shutdown.

Who Is Affected

These three underlying bills touch a broad range of Americans. Cryptocurrency investors and platforms would be affected by the IRS reporting changes. People who received unemployment benefits during the COVID-19 pandemic could be affected by the extended fraud investigation window. And virtually all Americans are affected by government funding decisions, since a continuing resolution determines whether federal services, programs, and agencies continue to operate without interruption.