Congress members introduced the bipartisan PARITY Act to clarify and modernize digital asset taxation regulations.
Quiver AI Summary
New bipartisan legislation introduced: Congressman Steven Horsford, along with colleagues from both parties, has introduced the Digital Asset Protection, Accountability, Regulation, Innovation, Taxation, and Yields (PARITY) Act. This legislation aims to clarify and modernize the taxation framework surrounding digital assets, with an emphasis on consumer protection and market transparency.
Goals of the PARITY Act: The act seeks to address outdated tax rules, facilitate innovation, and establish robust standards to prevent abuse in the digital asset economy. It includes provisions for stablecoins and ensures tax clarity for foreign investors on U.S. platforms.
Statements from lawmakers: Rep. Horsford stated, "The lack of clear rules creates uncertainty... The PARITY Act establishes clear standards that strengthen investor protections." Congressman Miller emphasized the need for the U.S. tax code to adapt to the rapid growth of digital assets to maintain competitiveness.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
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Steven Horsford Fundraising
Steven Horsford recently disclosed $587.1K of fundraising in a Q1 FEC disclosure filed on April 15th, 2026. This was the 180th most from all Q1 reports we have seen this year. 48.3% came from individual donors.
Horsford disclosed $259.3K of spending. This was the 378th most from all Q1 reports we have seen from politicians so far this year.
Horsford disclosed $1.1M of cash on hand at the end of the filing period. This was the 387th most from all Q1 reports we have seen this year.
You can see the disclosure here, or track Steven Horsford's fundraising on Quiver Quantitative.
Steven Horsford Net Worth
Quiver Quantitative estimates that Steven Horsford is worth $97.5K, as of May 19th, 2026. This is the 459th highest net worth in Congress, per our live estimates.
Horsford has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Steven Horsford's net worth on Quiver Quantitative's politician page for Horsford.
Steven Horsford Bill Proposals
Here are some bills which have recently been proposed by Steven Horsford:
- H.R.8816: To amend the Internal Revenue Code of 1986 to exclude strike benefits from gross income.
- H.R.7736: RELIEF Act
- H.R.7615: RELIEF Act
- H.R.7577: TIP Improvement Act of 2026
- H.R.6912: Remotely Piloted Aircraft Crews Tax Relief Act
- H.R.6796: Military CARE Act
You can track bills proposed by Steven Horsford on Quiver Quantitative's politician page for Horsford.
2026 Nevada's 4th Congressional District Election
There has been approximately $14,515,016 of spending in Nevada's 4th congressional district elections over the last two years, per our estimates.
Approximately $5,979,655 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- FAIRSHAKE ($3,451,084)
- WORKERS VOTE ($927,421)
- AMERICAN FEDERATION OF STATE COUNTY & MUNICIPAL EMPLOYEES P E O P L E ($482,242)
- AMERICAN HONOR PAC ($318,982)
- CENTER FORWARD COMMITTEE ($200,000)
The rating for this race is currently "Likely D".
You can track this election on our matchup page for the 2026 Nevada's 4th congressional district election.