To provide for expedited certification of existing regulatory regimes.

This amendment would add a new provision to section 4(c) of the bill. It directs the Stablecoin Certification Review Committee to take steps to ensure a faster certification process for certain states. This applies to any state that has a prudential regulatory regime, which is a system of rules and guidance used to supervise digital assets or payment stablecoins, in place within 180 days of the Act becoming law. For these states, the committee would attempt to complete the certification process on an expedited timeline after the Act takes effect.