,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #cifc  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,july #be1 #bjai,mr4  
,budd introduc$ ! foll[+ bill2 :i* 0    
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to all[ exclusion ( ga9  
or loss on l-k9d ex*anges ( virtual     
curr5cy4  #a4 ,%ort title ,?is ,act may 
cit$ z ! ,virtual ,value ,tax ,fix ,act 
( #bjai4  #b4 ,exclusion = l-k9d        
ex*anges ( virtual curr5cy  7a7 ,9 g5]al
 ,section #ajca ( ! ,int]nal ,rev5ue    
,code ( #aihf is am5d$ by add+ at ! end 
! foll[+ new subsection3  7i7 ,special  
rule = virtual curr5cy  7#a7 ,9 g5]al ,=
 purposes ( ?is section1 ! ex*ange (    
virtual curr5cy = virtual curr5cy ( l   
k9d %all be treat$ 9 ! same mann] z !   
ex*ange ( real prop]ty = real prop]ty ( 
l k9d4  7#b7 ,t]m9ation ,p>agraph 7#a7  
%all n apply ) respect to any ex*ange   
complet$ aft] ,decemb] #ca1 #bjbd4  4   
7b7 ,effective date ,! am5dm5ts made by 
?is section %all apply ) respect to     

ex*anges complet$ aft] ! date ( !       
enactm5t ( ?is ,act4