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H.R. 9173119th CongressIn committeeLatest action Jun 8, 2026Decoded by AI · checked against the record
Official title: Charitable Deductions for Digital Asset Donations Act
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
HR 9173 removes the appraisal requirement for donations of widely traded digital assets to charity, starting in 2027.
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HR 9173 would exempt certain widely traded digital assets from the rule requiring a paid appraisal for charitable donations of property valued over $5,000. This exemption already applies to publicly traded stocks and would extend to qualifying digital assets beginning in 2027. To qualify, a digital asset must have been publicly traded for at least one full year, maintained a market value above $500 million for most of that year, and the donor must own or control no more than 10% of the total supply.
The bill most directly affects people who own large amounts of widely traded cryptocurrency and wish to donate it to a nonprofit or charity. Charities that accept digital asset donations are also affected.
Removing the appraisal requirement would make donating qualifying digital assets to charity simpler and less expensive. The Treasury Department is given authority to adjust the rules over time to address potential abuse, price manipulation, or market changes.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — Referred to the House Committee on Ways and Means.