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.

The PARITY Act creates a durable framework to address outdated and inconsistent tax rules surrounding digital assets, while ensuring innovation can continue responsibly.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.

Horsford introduced the Digital Asset PARITY Act and described it as establishing a durable tax framework for digital assets with standards, protections, anti-abuse rules, and accountability.

Horsford Introduces Bipartisan PARITY Act to Modernize Digital Asset Rules and Close the Wealth Gap | Congressman Steven Horsford
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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.

Committed to continue negotiating and advancing a bipartisan digital asset tax framework with House leaders.

Horsford on Digital Assets: Get It Right, Not Just Get It Done | Congressman Steven Horsford
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