The House Ways and Means Committee scheduled a markup for a broad digital asset tax proposal on Wednesday, Sept. 16, at 10 am. The 114 page package, which includes the Digital Asset Tax Certainty Act and the FULL HOUSE Act, excludes provisions on how mining and staking rewards are taxed. Republicans removed those specific rules to resolve a standoff with Democrats over the treatment of reward income.

Rep. Horsford indicated that the latest version of the legislation will likely receive bipartisan sign-off. The bill moves to the House floor for a final vote if it passes the committee markup. The removal of the mining and staking reward provisions eliminates the primary point of contention between the two parties.