S.Amdt. 2262Senate119th Congress (2025-2027)
S.Amdt. 2262
Sponsored by
Sen. 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''. ______