House and Senate Crypto Tax Bills Follow a Track Separate From CLARITY

A House crypto tax bill has cleared committee while a separate Senate proposal was referred to the Finance Committee, leaving both measures on a track distinct from stalled market-structure legislation. At 2:19 p.m. ET on Sept. 15, the Senate voted 49-50 on cloture on the motion to proceed to H.R. 3633, the CLARITY Act. The motion needed 60 votes to advance. The Sept. 15 procedural vote did not decide the bill’s final passage; it blocked the measure from moving forward at that stage. The next day, the House Ways and Means Committee ordered H.R. 10357, the Digital Asset Tax Certainty Act, favorably reported by a 38-5 vote after adopting a substitute. The committee action advanced the proposal but did not amount to a vote by the full House.

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