Applying Existing Tax Anti-Abuse Rules to Digital Assets Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 9172 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 9172 To amend the Internal Revenue Code of 1986 to apply the wash sale rules and constructive sale rules to digital assets, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES June 8, 2026 Mr. Arrington introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to apply the wash sale rules and constructive sale rules to digital assets, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE; ETC. (a) Short Title.--This Act may be cited as the ``Applying Existing Tax Anti-Abuse Rules to Digital Assets Act''. (b) References.--Except as otherwise expressly provided, whenever in this Act an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the Internal Revenue Code of 1986. (c) Table of Contents.--The table of contents for this Act is as follows: Sec. 1. Short title; etc. Sec. 2. Application of wash sale rules to digital assets. Sec. 3. Application of constructive sale rules to digital assets. Sec. 4. Definitions. Sec. 5. Rules of construction. SEC. 2. APPLICATION OF WASH SALE RULES TO DIGITAL ASSETS. (a) In General.--Section 1091 is amended-- (1) by striking ``stock or securities'' each place it appears and inserting ``specified assets'', and (2) by striking ``shares of'' each place it appears. (b) Specified Asset.--Section 1091 is amended by adding at the end the following new subsection: ``(g) Specified Asset.--For purposes of this section-- ``(1) In general.