Deploying American Blockchains Act of 2023
- Last Action
- 5/16/2024
Actions
- 2024-05-16Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.
- 2024-05-15Motion to reconsider laid on the table Agreed to without objection.
- 2024-05-15On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 334 - 79 (Roll no. 210). (text: 5/14/2024 CR H3040-3041)
- 2024-05-15Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 334 - 79 (Roll no. 210). (text: 5/14/2024 CR H3040-3041)
- 2024-05-15Considered as unfinished business. (consideration: CR H3256-3257)
- 2024-05-14At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
- 2024-05-14DEBATE - The House proceeded with forty minutes of debate on H.R. 6572.
- 2024-05-14Considered under suspension of the rules. (consideration: CR H3040-3042)
- 2024-05-14Mr. Bilirakis moved to suspend the rules and pass the bill, as amended.
- 2024-05-10Placed on the Union Calendar, Calendar No. 417.
- 2024-05-10Reported (Amended) by the Committee on Energy and Commerce. H. Rept. 118-501.
- 2024-05-10Reported (Amended) by the Committee on Energy and Commerce. H. Rept. 118-501.
- 2023-12-05Ordered to be Reported (Amended) by the Yeas and Nays: 46 - 0.
- 2023-12-05Committee Consideration and Mark-up Session Held
- 2023-12-04Referred to the House Committee on Energy and Commerce.
Showing 15 of 17 actions. Full history on Congress.gov.
CRS Summary
As of 2024-05-15 (53)
Deploying American Blockchains Act of 2023
This bill requires the Department of Commerce to support the leadership of the United States in the use of blockchain technology and other distributed ledger technology, tokens, and tokenization. Generally, blockchain technology is a distributed digital ledger that uses cryptography to share verified information across a network of computers. Tokens refer to the transferrable, digital representation of information recorded on blockchain technology and tokenization is the process of creating a token.
Specifically, Commerce must advise the President on policies related to the deployment and use of blockchain technology and other distributed ledger technology, applications built on blockchain technology or other distributed ledger technology, tokens, and tokenization. Commerce also must establish advisory committees to support the adoption of blockchain technology to facilitate the development of best practices with respect to blockchain technology, applications built on blockchain technology, tokens, and tokenization.
Commerce must report annually on the activities under this bill and provide any recommendations for additional legislation to strengthen U.S. competitiveness with respect to blockchain technology.
Cosponsors (3)
- Lisa Blunt Rochester (D-DE)
- Kat Cammack (R-FL)
- Darren Soto (D-FL)
Subjects
- Advanced technology and technological innovations
- Advisory bodies
- Broadcasting, cable, digital technologies
- Computer security and identity theft
- Computers and information technology
- Congressional oversight
- Digital media
Sourced from Congress.gov (public domain).
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