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H.R. 4763 – Financial Innovation and Technology for the 21st Century Act

Wednesday, May 22, 2024

PASSED 279-136

Agreed to by Recorded Vote

Norman #3 Requires a study on the impact of digital asset registrants owned by foreign adversaries AGREED TO 411-0
Perry #4 Adds a sense of Congress to the end of title V that nothing in this Act or any amendment made by this Act should be interpreted to authorize any entity to regulate any commodity, other than a digital commodity, on any spot market AGREED TO 225-191

Failed by Recorded Vote

Casar #1 Changes the new crowdfunding exemption from $75 million to $5 million. $5 million is the same as the current crowdfunding exemption FAILED 204-209

Agreed to by Voice Vote

Pettersen #2 Clarifies the application of the Bank Secrecy Act to digital asset and digital commodity entities and requires a GAO study on risks posed by centralized intermediaries that are primarily located in foreign jurisdictions without regulatory requirements similar to those of the Bank Secrecy Act