To amend the Internal Revenue Code of 1986 to allow the payment of certain Federal taxes with bitcoin.

Summary

Official

This bill requires the Department of the Treasury to develop and implement a method to allow for payment of certain excise taxes with bitcoin. It also authorizes Treasury to enter into contracts to obtain services with payment by bitcoin. 

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Bill Progress

Bill has been introduced and assigned a number

Introduced(6/25/24)

Committee

Passed House

Passed Senate

President

Law

Sponsor

Mr. Gaetz

(R) FL – 1

Cosponsors (2)

Donalds

House (R) Florida

Luna

House (R) Florida

Latest Action

Referred to the House Committee on Ways and Means.

Jun 25, 2024