Bill gives crypto traders same tax rules as stock traders.
H.R. 9176 — PAR Act · Filed by David Kustoff (R-TN) · Introduced Jun 8, 2026 · Referred to committee
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What it does
The bill changes tax rules for digital assets like Bitcoin. It lets crypto traders use mark-to-market accounting. This spreads gains and losses over time. The bill creates a safe harbor for some traders. They can claim they are not doing U.S. business. It defines traded digital asset and widely traded digital asset.
Who it affects
Crypto traders and dealers would get tax breaks. Digital asset exchanges and crypto companies would benefit. Regular people who do not trade crypto would not.
One thing to notice
Some crypto traders could claim they are not doing U.S. business even when they trade through U.S. brokers. The bill ties its rules to the GENIUS Act, which has not been passed yet.
From the analysis of the bill text, linked under Primary records below.
Where it stands
- Jun 8, 2026 — Introduced · Congress.gov: “Introduced in House”
- Jun 8, 2026 — Referred to House Committee on Ways and Means · Congress.gov: “Referred to the House Committee on Ways and Means”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Money around this bill
6 groups reported lobbying about this bill. They filed 6 reports from Jun 2026 to Jun 2026.
Those reports show $6,200,000 in lobbying spending. Each report lists about 13 bills. So that money was not all for this bill.
More groups named this bill than 82% of bills with any report.
David Kustoff, who sponsored the bill, received $1,044,250 from PACs for the 2026 election.
- American Bankers Association — $3,510,000 in 1 report
- Coinbase, Inc. — $1,160,000 in 1 report
- Solana Policy Institute — $610,000 in 1 report
- Blockchain Association — $320,000 in 1 report
- Crypto Council for Innovation — $310,000 in 1 report
Lobbying is legal. These reports show who lobbied about this bill, not what changed.
Words to know
- mark-to-market accounting — A way to report gains and losses by spreading them across time.
- safe harbor — A rule that protects someone from taxes or penalties if they meet certain conditions.
- digital asset — A thing of value that exists only on computers, like Bitcoin.
- traded digital asset — A digital asset that is bought and sold, defined by the bill.
- widely traded digital asset — A digital asset worth over 500 million dollars with no owner holding more than 10 percent.
- lobbying — Trying to influence lawmakers about a bill. Companies and groups pay people to do this.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (16,104 characters) on Aug 14, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 14,206 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
Money — Senate Lobbying Disclosure Act filings whose specific-issue field names this bill for quarters ending Jun 2026 to Jun 2026. A filing's amount is reported whole beside the median number of bills a filing names; it is never divided across them. PAC receipts are FEC-reported contributions to the sponsor's candidate committee in the 2026 cycle.
As of — lobbying records through Jul 20, 2026 · page rendered 2026-09-17.
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