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Federal · H.R. 5403 · 118th Congress

Passed · U.S. House vote · May 23, 2024

H.R. 5403

This bill prohibits a Federal Reserve bank from offering products or services directly to an individual, maintaining an account on behalf of an individual, or issuing a central bank digital currency (i.e., a digital dollar) directly or indirectly to an individual. Further, The Board of Governors of the Federal Reserve System is prohibited from using a central bank digital currency to implement monetary policy or from issuing a central bank digital currency.

First two sentences of the Congressional Research Service's summary · Congress.gov ↗

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Latest final vote: Passed · U.S. House · May 23, 2024

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All votes4 recorded

U.S. House · May 23, 2024 · Final passage

On Passage · Passed

Official record ↗

By party

PartyYesNoPresentNot voting
Republican182004
Democratic2165013
Democrat0600
Independent1000
By state (48)
StateYesNoPresentNot voting
AL5100
AR4000
AZ5200
CA114000
CO0401
CT0500
DE0100
FL17601
GA6401
HI0200
IA4000
ID2000
IL31400
IN5200
KS2100
KY5100
LA4100
MA0900
MD1400
ME1100
MI5601
MN4300
MO5001
MS3100
MT1000
NC4401
NE3000
NH0100
NJ3501
NM0201
NV1300
NY71203
OH8302
OK5000
OR1300
PA8601
RI0101
SC5100
SD1000
TN7100
TX221001
UT4000
VA4300
VT0100
WA2600
WI5101
WV1000
WY1000

The breakdown counts the 373 members whose positions are loaded; the totals above are the official record's.

Party is as each member's record lists it. Counts are of recorded positions, nothing more.

Every member's vote

373 members, by last name.

Load more

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Money

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HistoryMay 23, 2024
  1. May 23, 2024U.S. House: On Passage · Passed ↗
  2. May 23, 2024U.S. House: On Agreeing to the Amendment · Agreed to ↗
  3. May 23, 2024U.S. House: On Agreeing to the Amendment · Agreed to ↗
  4. May 23, 2024U.S. House: On Agreeing to the Amendment · Agreed to ↗

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Final action

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From Congress.gov's record of the bill's actions.

Full text
Full text on Congress.gov ↗ Official bill page ↗

Official summary (Congressional Research Service)

CBDC Anti-Surveillance State Act This bill prohibits a Federal Reserve bank from offering products or services directly to an individual, maintaining an account on behalf of an individual, or issuing a central bank digital currency (i.e., a digital dollar) directly or indirectly to an individual. Further, The Board of Governors of the Federal Reserve System is prohibited from using a central bank digital currency to implement monetary policy or from issuing a central bank digital currency.

Source ↗