S.Amdt. 2262Senate119th Congress (2025-2027)

S.Amdt. 2262

Sponsored by Jack ReedSen. Jack Reed (D-RI)
Submitted May 21, 2025

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Senate amendment submitted

May 21, 2025

Text

Submitted

SA 2262. Mr. REED submitted an amendment intended to be proposed by
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:

In section 6(b), strike ``attempted'' each place that term
appears and insert ``potential''.
In section 6(b)(1)(A), strike ``or has willfully
recklessly violated'' and insert ``, has willfully or
recklessly violated, or is about to willfully or recklessly
violate''.
In section 6(b)(2), in the matter preceding subparagraph
(A), strike ``attempting'' and insert ``about''.
In section 6(b)(2), in the matter preceding subparagraph
(A), strike ``application or other request'' and insert
``application, notice, or other request by the permitted
payment stablecoin issuer or institution-affiliated party or
any written agreement entered into with the regulator''.
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