S.Amdt. 5107Senate119th Congress (2025-2027)
S.Amdt. 5107
Sponsored by
Sen. Richard J. Durbin (D-IL)
Submitted April 22, 2026
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Senate amendment submitted
April 22, 2026
Text
Submitted
SA 5107. Mr. DURBIN submitted an amendment intended to be proposed by him to the concurrent resolution S. Con. Res. 33, setting forth the congressional budget for the United States Government for fiscal year 2026 and setting forth the appropriate budgetary levels for fiscal years 2027 through 2035; which was ordered to lie on the table; as follows: At the end of title III, add the following: SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO PREVENTING CRYPTOCURRENCY ATM FRAUD. The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to preventing fraud at virtual currency kiosks and provide law enforcement the tools to crack down on virtual currency kiosk scams by requiring virtual currency kiosk operators to register virtual currency kiosks with the Financial Crimes Enforcement Network of the Department of Treasury, provide disclosures and fraud warning on all virtual currency kiosks, provide consumer acknowledgement of disclosures on all virtual currency kiosks, appoint a compliance officer, provide print receipts at all virtual currency kiosks, use [[Page S1992]] blockchain analytics, refund the full transaction for new customers and fees for existing customers for any fraudulently induced transaction, impose daily transaction limits of $1,000 for new customers and $2,000 for existing customers, provide live customer service, and communicate with law enforcement about fraudulent transactions, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over the period of the total of fiscal years 2026 through 2035. ______