,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #efce  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,janu>y #af1 #bjbj,ms4
 ,del,bene 7= h]self1 ,mr4 ,s*weik]t1   
,mr4 ,soto1 & ,mr4 ,emm]7 introduc$ !   
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,ways & ,means  ,a ,,bill 
,to am5d ! ,int]nal ,rev5ue ,code (     
#aihf to exclude f gross income ga9 f   
disposition ( virtual curr5cy 9 a       
p]sonal transaction4  #a4 ,%ort title   
,?is ,act may be cit$ z ! ,virtual      
,curr5cy ,tax ,fairness ,act ( #bjbj4   
#b4 ,virtual curr5cy  7a7 ,9 g5]al ,"p  
,,iii ( sub*apt] ,b ( *apt] #a ( !      
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by ins]t+ aft] section #aci;,f ! foll[+ 
new section3  #aci;,g4 ,ga9 f           
disposition ( virtual curr5cy  7a7 ,9   
g5]al ,gross income ( an individual %all
 n include ga91 by reason ( *anges 9    
ex*ange rates1 f ! disposition ( virtual
 curr5cy 9 a p]sonal transaction 7z su* 
t]m is def9$ 9 section #ihh7;e774 ,!    
prec$+ s5t5ce %all n apply if ! ga9 :i* 

w\ld o!rwise be recogniz$ on !          
transaction exce$s #bjj4  7b7 ,virtual  
curr5cy ,= purposes ( ?is section1 ! t]m
 virtual curr5cy means a digital        
repres5tation ( value t is us$ z a m$ium
 ( ex*ange & is n o!rwise curr5cy "u    
section #ihh4  4  7b7 ,cl]ical am5dm5t  
,! table ( sections = "p ,,iii (        
sub*apt] ,b ( *apt] #a ( su* ,code is   
am5d$ by ins]t+ aft] ! item relat+ to   
section #aci;,f ! foll[+ new item3      
,sec4 #aci;,g4 ,ga9 f disposition (     
virtual curr5cy4  4  7c7 ,report+ ( ga9s
 or losses ,! ,secret>y %all issue      
regulations provid+ = in=mation returns 
on virtual curr5cy transactions = :i*   
ga9 or loss is recogniz$4  7d7          
,effective date ,! am5dm5ts made by ?is 
section %all apply ) respect to         
transactions ent]$ into aft] ,decemb]   
#ca1 #bjai4