Lisa Blunt Rochester (D-DE)

S.Amdt. 2274

S.Amdt. 2274 · Senate amendment

A Democratic amendment with no cosponsors

Changes S. 1582 — GENIUS Act

Not adopted

This amendment was never taken up, and the bill finished without it. It was never voted on.

Its path through Congress

  1. Introduced
  2. Pending Consideration
  3. Failed

What this amendment would do

Ms. Blunt Rochester submitted amendment numbered SA 2274 to the bill S. 1582, which is about regulating payment stablecoins.

Its Purpose

The amendment adds limitations to a limited safe harbor provided under section 3(c)(2) of the bill.

What it Aims to Change or Add

  • The safe harbor must expire no later than 180 days after the Secretary of the Treasury provides it.

  • After this safe harbor expires, the Secretary of the Treasury is not allowed to renew, extend, or re-provide it.