Deploying American Blockchains Act of 2023

Bill: 118-hr-6572
Sponsor: Rep. Bucshon, Larry [R-IN-8]
Introduced: 2023-12-04 in the House
Policy area: Commerce
Subjects: Advanced technology and technological innovations
Advisory bodies
Broadcasting, cable, digital technologies
Computer security and identity theft
Computers and information technology
Congressional oversight
Digital media

Summary:
action_date: 2023-12-04
text: 

Deploying American Blockchains Act of 2023

This bill requires the Department of Commerce to support and promote the use of blockchain technology and other distributed ledger technology, tokens, and tokenization. Generally, blockchain technology is a decentralized digital ledger that uses cryptography to share verified information across a network of computers. Tokens refer to the transferrable, digital representation of information recorded on blockchain technology and tokenization is the process of creating a token.

Specifically, Commerce must establish a Blockchain Deployment Program to support the deployment and use of blockchain technology and other distributed ledger technology, applications built on blockchain technology or other distributed ledger technology, tokens, and tokenization. Commerce also must establish advisory committees to support the adoption of blockchain technology to facilitate the development of best practices with respect to blockchain technology, applications built on blockchain technology, tokens, and tokenization.

Commerce must report annually on the activities under this bill and provide any recommendations for additional legislation to strengthen U.S. competitiveness with respect to blockchain technology.
 
action_date: 2024-05-10
text: 

Deploying American Blockchains Act of 2023

This bill requires the Department of Commerce to support the leadership of the United States in the use of blockchain technology and other distributed ledger technology, tokens, and tokenization. Generally, blockchain technology is a distributed digital ledger that uses cryptography to share verified information across a network of computers. Tokens refer to the transferrable, digital representation of information recorded on blockchain technology and tokenization is the process of creating a token.

Specifically, Commerce must advise the President on policies related to the deployment and use of blockchain technology and other distributed ledger technology, applications built on blockchain technology or other distributed ledger technology, tokens, and tokenization. Commerce also must establish advisory committees to support the adoption of blockchain technology to facilitate the development of best practices with respect to blockchain technology, applications built on blockchain technology, tokens, and tokenization.

Commerce must report annually on the activities under this bill and provide any recommendations for additional legislation to strengthen U.S. competitiveness with respect to blockchain technology.
 
action_date: 2024-05-15
text: 

Deploying American Blockchains Act of 2023

This bill requires the Department of Commerce to support the leadership of the United States in the use of blockchain technology and other distributed ledger technology, tokens, and tokenization. Generally, blockchain technology is a distributed digital ledger that uses cryptography to share verified information across a network of computers. Tokens refer to the transferrable, digital representation of information recorded on blockchain technology and tokenization is the process of creating a token.

Specifically, Commerce must advise the President on policies related to the deployment and use of blockchain technology and other distributed ledger technology, applications built on blockchain technology or other distributed ledger technology, tokens, and tokenization. Commerce also must establish advisory committees to support the adoption of blockchain technology to facilitate the development of best practices with respect to blockchain technology, applications built on blockchain technology, tokens, and tokenization.

Commerce must report annually on the activities under this bill and provide any recommendations for additional legislation to strengthen U.S. competitiveness with respect to blockchain technology.
 

Legislative actions:
action_date: 2024-05-16
text: Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.
action_date: 2024-05-15
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2024-05-15
text: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 334 - 79 (Roll no. 210). (text: 5/14/2024 CR H3040-3041)
action_date: 2024-05-15
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 334 - 79 (Roll no. 210). (text: 5/14/2024 CR H3040-3041)
action_date: 2024-05-15
text: Considered as unfinished business. (consideration: CR H3256-3257)
action_date: 2024-05-14
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: 2024-05-14
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 6572.
action_date: 2024-05-14
text: Considered under suspension of the rules. (consideration: CR H3040-3042)
action_date: 2024-05-14
text: Mr. Bilirakis moved to suspend the rules and pass the bill, as amended.
action_date: 2024-05-10
text: Placed on the Union Calendar, Calendar No. 417.
action_date: 2024-05-10
text: Reported (Amended) by the Committee on Energy and Commerce. H. Rept. 118-501.
action_date: 2024-05-10
text: Reported (Amended) by the Committee on Energy and Commerce. H. Rept. 118-501.
action_date: 2023-12-05
text: Ordered to be Reported (Amended) by the Yeas and Nays: 46 - 0.
action_date: 2023-12-05
text: Committee Consideration and Mark-up Session Held
action_date: 2023-12-04
text: Referred to the House Committee on Energy and Commerce.
action_date: 2023-12-04
text: Introduced in House
action_date: 2023-12-04
text: Introduced in House