Eliminate Barriers to Innovation Act of 2021

Bill: 117-hr-1602
Sponsor: Rep. McHenry, Patrick T. [R-NC-10]
Introduced: 2021-03-08 in the House
Policy area: Finance and Financial Sector
Subjects: Advanced technology and technological innovations
Advisory bodies
Banking and financial institutions regulation
Computers and information technology
Currency
Digital media
Fraud offenses and financial crimes
Government information and archives
Government studies and investigations
Minority and disadvantaged businesses
Public-private cooperation
Right of privacy

Summary:
action_date: 2021-03-08
text: 

Eliminate Barriers to Innovation Act of 2021 

 
This bill requires the Securities and Exchange Commission and the Commodity Futures Trading Commission to jointly establish a working group on digital assets. The working group must (1) report on the impact of the U.S. legal and regulatory framework on the digital asset market; and (2) provide recommendations regarding digital asset market fairness and integrity, cybersecurity standards, and the reduction of fraud and manipulation. 

action_date: 2021-04-20
text: 

Eliminate Barriers to Innovation Act of 2021 

 
This bill requires the Securities and Exchange Commission and the Commodity Futures Trading Commission to jointly establish a working group on digital assets. The working group must (1) report on the impact of the U.S. legal and regulatory framework on the digital asset market; and (2) provide recommendations regarding digital asset market fairness and integrity, cybersecurity standards, and the reduction of fraud and manipulation. 


Legislative actions:
action_date: 2021-04-22
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2021-04-20
text: Pursuant to section 6 of H. Res. 330, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 367; H.R. 370; H.R. 396; H.R. 397, as amended; H.R. 408; H.R. 490; H.R. 965, as amended; H.R. 1251, as amended; H.R. 1395; H.R. 1491; H.R. 1528; H.R. 1532; H.R. 1565; H.R. 1602; and H.R. 2523, as amended; and the following resolution was agreed to under suspension of the rules: H. Res. 124, as amended. (consideration: CR H1979-1994; text: CR H1990)
action_date: 2021-04-20
text: Passed/agreed to in House: Pursuant to section 6 of H. Res. 330, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 367; H.R. 370; H.R. 396; H.R. 397, as amended; H.R. 408; H.R. 490; H.R. 965, as amended; H.R. 1251, as amended; H.R. 1395; H.R. 1491; H.R. 1528; H.R. 1532; H.R. 1565; H.R. 1602; and H.R. 2523, as amended; and the following resolution was agreed to under suspension of the rules: H. Res. 124, as amended.(consideration: CR H1979-1994; text: CR H1990)
action_date: 2021-04-20
text: Pursuant to the provisions of H. Res. 330, proceedings on H.R. 1602 are considered vacated.
action_date: 2021-04-19
text: At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
action_date: 2021-04-19
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 1602.
action_date: 2021-04-19
text: Considered under suspension of the rules. (consideration: CR H1924-1927; text: CR H1924)
action_date: 2021-04-19
text: Mr. Perlmutter moved to suspend the rules and pass the bill.
action_date: 2021-04-08
text: Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
action_date: 2021-03-08
text: Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2021-03-08
text: Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2021-03-08
text: Introduced in House
action_date: 2021-03-08
text: Introduced in House