H.R. 8899

Digital Asset PARITY Act

Sponsor: Max L. Miller

3 cosponsors

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Where it stands

Introduced May 19
Committee Now
House of Representatives —
Senate —
Law —

Introduced May 19
Committee Now
House of Representatives —
Senate —
Law —

Referred to the House Committee on Ways and Means. (May 19)

Votes

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Official summary

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Text of the bill

Sec. 1. Short title

Sec. 2. Tax treatment of regulated payment stablecoin transactions

Sec. 3. Digital asset trading safe harbor

Sec. 4. Tax treatment of digital asset lending agreements and related matters

Sec. 5. Application of wash sale rules to digital assets

Sec. 6. Mark-to-market election

Sec. 7. Application of constructive sale rules to digital assets

Sec. 8. Treatment of digital assets acquired through validation activities

Sec. 9. Charitable contributions and qualified appraisals

Sec. 10. Tax treatment of certain digital asset activities

Sec. 11. Definitions

Sec. 12. Study and report on relief for digital asset consumer transactions