I 
118TH CONGRESS 
1ST SESSION H. R. 5050 
To amend title 5, United States Code, to require Members of Congress 
to disclose financial interests in cryptocurrency, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
JULY 27, 2023 
Ms. SLOTKIN introduced the following bill; which was referred to the 
Committee on House Administration 
A BILL 
To amend title 5, United States Code, to require Members 
of 
Congress 
to 
disclose 
financial 
interests 
in 
cryptocurrency, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Cryptocurrency Ac-
countability Act’’. 
SEC. 2. MEMBERS OF CONGRESS; DISCLOSURE OF FINAN-
CIAL INTERESTS IN CRYPTOCURRENCY. 
Section 13104 of title 5, United States Code, is 
amended by adding at the end the following: 
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‘‘(j)(1) Any report filed under section 13103 by a 
Member of Congress shall include— 
‘‘(A) a brief description, the date, and category 
of value of any purchase, sale, or exchange in 
cryptocurrency by the Member or spouse or depend-
ent child of the Member during the preceding cal-
endar year which exceeds $1,000; and 
‘‘(B) the identity and category of value (ex-
pressed as a dollar amount) of any interest in 
cryptocurrency held during the preceding calendar 
year by the Member or spouse or dependent child of 
the Member. 
‘‘(2) Not later than 45 days after receiving notifica-
tion of any transaction required to be reported under para-
graph (1)(A), a Member of Congress, if required to file 
a report under any subsection of section 13103, shall file 
a report of the transaction. 
‘‘(3) Any Member of Congress who fails to file or re-
port, by the applicable deadline for such filing or report-
ing, any information that such individual is required to 
report with respect to crytpocurrency pursuant to para-
graph (1) or (2) shall be assessed a fine, at the direction 
of and pursuant to regulations issued by the applicable 
supervising ethics office, in an amount equal to the greater 
of— 
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‘‘(A) $500, or 
‘‘(B) an amount equal to 5 percent of the value 
(expressed as a dollar amount) of the purchase, sale, 
or exchange or interest (as the case may be) that the 
Member so failed to file or report by such deadline. 
‘‘(4) Notwithstanding section 13106(a), the Attorney 
General may bring a civil action in any appropriate United 
States district court against any Member of Congress who 
knowingly and willfully falsifies or who knowingly and will-
fully fails to file or report any information that such Mem-
ber is required to report pursuant to paragraph (1) or (2) 
of this subsection. The court in which such action is 
brought shall assess against such Member a civil penalty 
in an amount equal to the greater of— 
‘‘(A) $66,000, or 
‘‘(B) an amount equal to 5 percent of the value 
(expressed as a dollar amount) of the purchase, sale, 
or exchange or interest (as the case may be) that the 
Member so falsified or failed to file or report. 
‘‘(5) In this subsection, the term ‘cryptocurrency’ 
means any digital representation of value which is re-
corded on a cryptographically secured distributed ledger 
or any similar technology.’’. 
Æ 
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