535.fyi Calibrated odds on what Congress actually does. backtest-calibrated · live scoring as votes land · track record

← all forecasts

S.J.Res. 3 — A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regu…

4%becomes law high confidencepending: House passed_one_chamber

Congressional disapproval under chapter 8 of title 5, United States C… — Senate-passed, waiting on the House, quiet for 451 days; projected 287 yea if called, enactment 4%.

passed the Senate
4%
downstream: House + President
=
4%
becomes law

If it reaches the floor

majority

Projected 287 yea of 430 voting; 90% interval 204–413 (quartiles 214–373). Intervals are backtest-verified to cover ~90%.

By floor procedure

No vote is scheduled, so the headline marginalizes over how the House would take it up; the branches:

ProcedureLikelihood Projected yeaPasses
passage24% 255 [196–380] 85%
resolution22% 253 [175–385] 82%
suspension55% 314 [208–416] 96%

Receipts

Sponsor: Ted Cruz (R). Latest action (2025-03-12): Message received in Senate: Returned to the Senate pursuant to the provisions of H.Res. 212.
Full record: Congress.gov.

Forecast run predict-20260606T193507Z · models member-vote-1.0.0-t117d118-20260606 + passage-1.0.0-t117d118-20260606 · conditional whip forecasts for the Senate run at moderate confidence (why).