The PARITY Act creates a durable framework to address outdated and inconsistent tax rules surrounding digital assets, while ensuring innovation can continue responsibly. Specifically, the legislation focuses on creating administrable standards, preventing abuse, protecting consumers and investors, and ensuring the digital asset economy operates with transparency and accountability.
Enact the Digital Asset PARITY Act to modernize digital asset tax rules by creating clear standards, consumer and investor protections, anti-abuse guardrails, and tax certainty for digital asset activities.
Occurrences
I will keep working with Chairman Smith and Congressman Miller until we deliver a true bipartisan solution that protects taxpayers and ensures the tax code works for every American family.
Evidence
legacy_unverified · Source version not recorded · locator unknown
GovInfo lists H.R. 8899 as introduced in the House, with last action date May 19, 2026: Miller introduced the bill for himself, Horsford, Carey, and DelBene, and it was referred to the Committee on Ways and Means. The bill version remains Introduced in House.
legacy_unverified · Source version not recorded · locator unknown
Horsford's office said he and Rep. Max Miller introduced the Digital Asset PARITY Act and that Horsford was pressing digital asset tax legislation at a Ways and Means hearing, including concerns about validation rewards and charitable deduction loopholes and a proposed amendment. Horsford said he would keep working until Congress delivers a bipartisan solution.
Assessments
Horsford materially advanced the promise in the current federal term by co-introducing/originally cosponsoring H.R. 8899, the Digital Asset PARITY Act, and continuing advocacy through Ways and Means activity. However, the latest official bill status shows the measure was only introduced and referred to the House Committee on Ways and Means on May 19, 2026; it has not passed Congress or been enacted. Because the bill remains pending in the same Congress rather than having definitively failed, the promise is unresolved with credit for effort, not delivered.