CONGRESS FOR VOTERS

DemocratAmendment · S.Amdt. 2287· Senate(119-SAMDT-2287)

S.Amdt. 2287

Rep. Van Hollen
Age: 67 years
Maryland
Introduced
6/2/2025
Sponsored by
Chris Van Hollen
Cosponsors
Democrat - 3Republican - 0
Changes bill
119-S-1582 — GENIUS Act
  1. Introduced
  2. Pending Consideration
  3. Failed

What this amendment would do

As your legislative analyst, let us break down what Mr. Van Hollen, along with Mr. Blumenthal and Ms. Warren, is trying to do here. This amendment, labeled SA 2287, was proposed for the bill S. 1582, which deals with regulating payment stablecoins.

What It Aims to Change

  • The amendment adds a new disclosure requirement to section 13104 of title 5, United States Code.

  • It forces the reporting of the identity and value category of any interest in a permitted payment stablecoin issuer.

  • It requires the reporting of the value of any payment stablecoins and other virtual currencies.