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 changes section 4 of the bill to update disclosure requirements related to payment stablecoins.
It adds payment stablecoins to the list of commodities futures and specifies that exchanges of these stablecoins for goods and services do not require reporting.
The amendment also adds a new requirement for individuals to disclose the identity and category of value of any payment stablecoin held during the preceding year if that stablecoin had a fair market value exceeding $1,000 at the close of that year.
Finally, it updates various parts of the United States Code to include this new category of information in existing reporting rules.
- 5/21/2025
- Senate amendment submitted
This bill has no cosponsors