Bills · 118th Congress · Commerce

Deploying American Blockchains Act of 2023

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Roll calls on this bill

Votes on passage
HouseOn Motion to Suspend the Rules and Pass, as Amended · 5/15/24Suspension of the rulesA fast-track House procedure, usually for measures expected to have broad support. Debate is limited to 40 minutes, no amendments can be offered, and it needs a two-thirds vote of members voting — not a simple majority. A yes vote passes the bill. “As amended” means changes written into the motion itself are included.Rules of the House, Rule XV, clause 1 ↗
Passed
  • Democratic158 Yea · 44 Nay · 11 Not voting
  • Republican176 Yea · 35 Nay · 6 Not voting
  • Independent / Other0 Yea · 0 Nay · 0 Not voting
Official summary (CRS)

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.

Full text on congress.gov ↗
Sponsor
Rep. Larry Bucshon ( Republican · IN-8)
Cosponsors
3
Introduced
12/4/23
Policy area
Commerce
Status
12/4/23Referred to the House Committee on Energy and Commerce.
12/4/23Introduced in House
12/5/23Ordered to be Reported (Amended) by the Yeas and Nays: 46 - 0.
12/5/23Committee Consideration and Mark-up Session Held
5/10/24Placed on the Union Calendar, Calendar No. 417.
5/10/24Reported (Amended) by the Committee on Energy and Commerce. H. Rept. 118-501.
5/14/24At 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.
5/14/24DEBATE - The House proceeded with forty minutes of debate on H.R. 6572.
5/14/24Considered under suspension of the rules. (consideration: CR H3040-3042)
5/14/24Mr. Bilirakis moved to suspend the rules and pass the bill, as amended.
5/15/24Motion to reconsider laid on the table Agreed to without objection.
5/15/24On 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)
5/15/24Passed/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)
5/15/24Considered as unfinished business. (consideration: CR H3256-3257)
5/16/24Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.