S.Amdt. 2240Senate119th Congress (2025-2027)

S.Amdt. 2240

Submitted May 21, 2025

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Senate amendment submitted

May 21, 2025

Text

Submitted

SA 2240. Mr. HAWLEY submitted an amendment intended to be proposed by

[[Page S3075]]

him to the bill S. 1582, to provide for the regulation of payment
stablecoins, and for other purposes; which was ordered to lie on the
table; as follows:

At the appropriate place, insert the following:

SEC. __. COMMUNICATIONS ACT AMENDMENT.

Section 230(c) of the Communications Act of 1934 (47 U.S.C.
230(c)) is amended by adding at the end the following:
``(3) Exception for issuers of payment stablecoin.--The
protections under this subsection shall not apply to any
person that issues a payment stablecoin, as defined in
section 2 of the GENIUS Act.''.
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