Not adopted
This amendment was never taken up, and the bill finished without it. It was never voted on.
Its path through Congress
- Introduced
- Pending Consideration
- Failed
What this amendment would do
This amendment would add a new section regarding the acquisition and disposition, or buying and selling, of digital assets.
It prohibits the use of funds to acquire additional digital assets, except when those assets are connected to criminal or civil asset forfeiture proceedings or are used to satisfy a civil money penalty imposed by an agency.
The Secretary of the Treasury and the Attorney General would be required to dispose of digital assets held in the Department of the Treasury Forfeiture Fund and the Department of Justice Assets Forfeiture Fund in a reliable and predictable manner over time.
These assets could be used to be returned to identifiable and verifiable victims of crime, used for law enforcement operations, or shared with State and local law enforcement partners.
The assets could also be used for purposes described in specific sections of the United States Code or the Controlled Substances Act.
The reports to Congress would include information on the time horizons over which the Secretary and the Attorney General expect to dispose of the digital assets in the Funds.
- 5/21/2025
- Senate amendment submitted
This bill has no cosponsors