H.R.es211 - 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 f…
Summary
H.Res. 211 is a resolution providing for the consideration of three separate legislative items in the House of Representatives. These include a joint resolution (H.J. Res. 25) disapproving an IRS rule on digital asset sales reporting, a bill (H.R. 1156) amending the CARES Act to extend the statute of limitations for unemployment fraud, and a bill (H.R. 1968) making further continuing appropriations for fiscal year 2025.
The resolution outlines the procedures for debating and voting on each of these measures, including waiving points of order and setting time limits for debate.
It also addresses the calculation of calendar days for the purposes of the National Emergencies Act.
Expected Effects
The resolution will allow the House to consider and potentially pass the three mentioned legislative items. This could lead to changes in IRS regulations regarding digital assets, extended timeframes for prosecuting unemployment fraud related to the CARES Act, and continued government funding through September 2025.
Passage of this resolution streamlines the legislative process for these specific bills by setting the terms of debate and amendments.
Potential Benefits
- Streamlined legislative process for key bills.
- Potential for improved oversight of IRS regulations on digital assets.
- Extended statute of limitations for prosecuting CARES Act unemployment fraud, potentially recovering misused funds.
- Continued government funding, avoiding potential shutdowns.
- Clear rules for debate and amendments, ensuring fairness and efficiency.
Most Benefited Areas:
Potential Disadvantages
- Waiving points of order could bypass normal legislative scrutiny.
- Limited debate time may restrict thorough consideration of complex issues.
- Potential for rushed decision-making due to time constraints.
- Continuing appropriations may perpetuate existing spending levels without addressing underlying fiscal issues.
- May limit the ability of individual representatives to offer amendments.
Constitutional Alignment
The resolution itself is procedurally aligned with the Constitution, particularly Article I, Section 5, which grants each House the power to determine the rules of its proceedings. The specific bills mentioned in the resolution must also adhere to constitutional principles.
The resolution does not appear to violate any specific constitutional provision on its face.
However, the constitutionality of the underlying bills (H.J. Res. 25, H.R. 1156, and H.R. 1968) would need to be assessed separately based on their individual provisions.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).