S.Amdt. 2315Senate119th Congress (2025-2027)2nd degree

S.Amdt. 2315

Submitted June 9, 2025

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Senate amendment submitted

June 9, 2025

Text

Submitted

SA 2315. Ms. WARREN submitted an amendment intended to be proposed to
amendment SA 2307 proposed by Mr. Thune (for Mr. Hagerty (for himself
and Mrs. Gillibrand)) 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:

Strike section 4(a)(11) and insert the following:
(11) Prohibition on interest.--No person may pay the holder
of a payment stablecoin any form of interest or yield, or any
other similar inducement, in connection with the holding,
use, or retention of a payment stablecoin.
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