Senator Cynthia Lummis’s crypto tax reform amendment was excluded from the Senate’s reconciliation bill after failing to receive a vote amid procedural delays
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The amendment, proposed by Sen. Cynthia Lummis, R-Wyo., would have targeted "unfair tax treatment" of digital assets. During a long voting process on a variety of amendments to the bill, Lummis' amendment was not included and did not receive a vote.
More than 24 hours into the Senate’s amendment process, there’s still no sign of Senator Lummis’s crypto tax proposal. At this point, the window to get something to the floor may have closed.
A cryptocurrency tax provision that would have scored big for advocates ultimately didn't make it into President Donald Trump's "big, beautiful bill," passed out of the Senate on Tuesday.
Ran out of time to include the crypto tax title in BBB," said Alexander Grieve, vice president of government affairs at Paradigm in a post on X on Tuesday.
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