Latest Action · Jul 18, 2025
Became Public Law No: 119-27.
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Cosponsors (5)
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Became Public Law No: 119-27.
Became Public Law No: 119-27.
Signed by President.
Signed by President.
Presented to President.
Presented to President.
Motion to reconsider laid on the table Agreed to without objection.
On passage Passed by the Yeas and Nays: 308 - 122 (Roll no. 200). (text: CR H3405-3418)
What Changes in the Law
4 changes
Sections Amended
Section 324(b) of Revised Statutes (12 U.S.C. 1(b))
adding at the end the following: ``(3) Regulation of federal qualified payment stablecoin issuers
Section 2 of GENIUS Act;'' after ``therefor;''. (c) Securities Act of 1933.--Section 2(a)(1) of the Securities Act of 1933 (15 U.S.C. 77b(a)(1))
adding at the end the following: ``The term `security' does not include a payment stablecoin issued by a permitted payment stablecoin issuer, as such terms are defined in section 2 of the GENIUS Act
Section 2 of GENIUS Act.''. (e) Securities Investor Protection Act of 1970.--Section 16(14) of the Securities Investor Protection Act of 1970 (15 U.S.C. 78lll(14))
adding at the end the following: ``The term `security' does not include a payment stablecoin issued by a permitted payment stablecoin issuer, as such terms are defined in section 2 of the GENIUS Act
Section 1a(9) of Commodity Exchange Act (7 U.S.C. 1a(9))
adding at the end the following: ``The term `commodity' does not include a payment stablecoin issued by a permitted payment stablecoin issuer, as such terms are defined in section 2 of the GENIUS Act
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