Digital Assets Voluntary Disclosure Program Act
To establish the Digital Assets Voluntary Disclosure Program.
This bill, HB9174, proposes to create the Digital Assets Voluntary Disclosure Program, which would allow individuals and businesses to disclose previously unreported digital assets to the government. This could include cryptocurrency or other digital currencies that have not been reported for tax purposes.
Those who have not properly reported their digital assets could use this program to come forward voluntarily. This might help them avoid penalties by paying any owed taxes and interest. The program is intended to encourage transparency and compliance with tax laws.
As of the latest update on June 8, 2026, HB9174 has been introduced in the House and referred to the House Committee on Ways and Means. This means it is currently being reviewed by the committee, which will decide whether to move it forward for further consideration.
