The House Rules Committee has blocked infrastructure bill changes and voted 220-212 to lock in the procedure, with a resolution approved on Tuesday afternoon.
The Committee that determines the rules of debate for bills lined up for a vote has agreed that the US House of Representatives will decide on the controversial $1 trillion infrastructure bill without any amendments to the crypto tax provision by September 27.
Why amendments?
Crypto advocates have urged for changes to the cryptocurrency tax reporting provision since late July when the last-minute proposal was added to the “historic” $1 trillion infrastructure bill.
According to them, in a bid to raise an additional $28 billion through expanded tax obligations for the sector, the added provision threatens the industry’s viability in the US.
The unrefined language contained in the bill could jeopardize technological innovation in the country as it implies strict third-party reporting requirements to the Internal Revenue Ser
Źródło: https://cryptoslate.com/crypto-sees-potential-trouble-as-us-blocks-changes-to-infra-bill/