Amendment · S.Amdt. 2280· Senate(119-SAMDT-2280)

S.Amdt. 2280

Age: 75 years

Louisiana

Introduced: 6/2/2025
Sponsored by: John Kennedy
Cosponsors: None

Changes bill: 119-S-1582 — GENIUS Act

Introduced
Pending Consideration
Failed

This amendment was never taken up, and the bill finished without it. It was never voted on.

What this amendment would do

Mr. Kennedy submitted amendment SA 2280 to the bill S. 1582, which is about the regulation of payment stablecoins. If we want to hold our elected officials accountable, we need to look closely at what this change actually does.

The amendment aims to repeal the small business loan data collection requirements found in section 704B of the Equal Credit Opportunity Act.
It makes matching changes, known as conforming amendments, to the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Equal Credit Opportunity Act by striking out sections and items related to this data collection and updating paragraphs in section 701(b).