S. 3206

A bill to repeal the provisions of the Infrastructure Investment and Jobs Act that impose new information reporting requirements with respect to digital asset transfers.

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II

Calendar No. 168

117th CONGRESS

1st Session

S. 3206

IN THE SENATE OF THE UNITED STATES

November 15, 2021

Mr. Cruz introduced the following bill; which was read the first time

November 16, 2021

Read the second time and placed on the calendar

A BILL

To repeal the provisions of the Infrastructure Investment and Jobs Act that impose new information reporting requirements with respect to digital asset transfers.

1.

Repeal of new information reporting requirements with respect to digital asset transfers

(a)

In general

The amendments made by section 80603 of the Infrastructure Investment and Jobs Act are repealed and the provisions of law amended by such section are restored as if such section had never been enacted.

(b)

Effective date

The repeal made by subsection (a) shall take effect on the date of enactment of this Act.

November 16, 2021

Read the second time and placed on the calendar