<?xml version="1.0" encoding="utf-8" standalone="no"?>
<billStatus>
  <version>3.0.0</version>
  <bill>
    <number>3666</number>
    <updateDate>2023-01-14T05:16:03Z</updateDate>
    <updateDateIncludingText>2023-01-14T05:16:03Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <type>S</type>
    <introducedDate>2022-02-16</introducedDate>
    <congress>117</congress>
    <committees>
      <item>
        <systemCode>ssfr00</systemCode>
        <name>Foreign Relations Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Reported by</name>
            <date>2022-04-04T20:00:44Z</date>
          </item>
          <item>
            <name>Markup by</name>
            <date>2022-03-23T21:35:17Z</date>
          </item>
          <item>
            <name>Referred to</name>
            <date>2022-02-16T21:39:22Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <relatedBills>
      <item>
        <title>ACES Act</title>
        <congress>117</congress>
        <number>7391</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2022-04-04</actionDate>
          <text>Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.</text>
        </latestAction>
        <relationshipDetails>
          <item>
            <type>Identical bill</type>
            <identifiedBy>CRS</identifiedBy>
          </item>
        </relationshipDetails>
      </item>
    </relatedBills>
    <actions>
      <item>
        <actionDate>2022-04-04</actionDate>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Placed on Senate Legislative Calendar under General Orders. Calendar No. 321.</text>
        <type>Calendars</type>
      </item>
      <item>
        <actionDate>2022-04-04</actionDate>
        <committees>
          <item>
            <systemCode>ssfr00</systemCode>
            <name>Foreign Relations Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Committee on Foreign Relations. Reported by Senator Menendez with an amendment in the nature of a substitute. Without written report.</text>
        <type>Committee</type>
      </item>
      <item>
        <actionDate>2022-04-04</actionDate>
        <text>Committee on Foreign Relations. Reported by Senator Menendez with an amendment in the nature of a substitute. Without written report.</text>
        <type>Committee</type>
        <actionCode>14000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
        <committees>
          <item>
            <systemCode>ssfr00</systemCode>
            <name>Foreign Relations Committee</name>
          </item>
        </committees>
      </item>
      <item>
        <actionDate>2022-03-23</actionDate>
        <committees>
          <item>
            <systemCode>ssfr00</systemCode>
            <name>Foreign Relations Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Committee on Foreign Relations. Ordered to be reported with an amendment in the nature of a substitute favorably.</text>
        <type>Committee</type>
      </item>
      <item>
        <actionDate>2022-02-16</actionDate>
        <committees>
          <item>
            <systemCode>ssfr00</systemCode>
            <name>Foreign Relations Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Read twice and referred to the Committee on Foreign Relations.</text>
        <type>IntroReferral</type>
      </item>
      <item>
        <actionDate>2022-02-16</actionDate>
        <text>Introduced in Senate</text>
        <type>IntroReferral</type>
        <actionCode>10000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
    </actions>
    <sponsors>
      <item>
        <bioguideId>R000584</bioguideId>
        <fullName>Sen. Risch, James E. [R-ID]</fullName>
        <firstName>James</firstName>
        <lastName>Risch</lastName>
        <party>R</party>
        <state>ID</state>
        <middleName>E.</middleName>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>M000639</bioguideId>
        <fullName>Sen. Menendez, Robert [D-NJ]</fullName>
        <firstName>Robert</firstName>
        <lastName>Menendez</lastName>
        <party>D</party>
        <state>NJ</state>
        <sponsorshipDate>2022-02-16</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C001075</bioguideId>
        <fullName>Sen. Cassidy, Bill [R-LA]</fullName>
        <firstName>Bill</firstName>
        <lastName>Cassidy</lastName>
        <party>R</party>
        <state>LA</state>
        <sponsorshipDate>2022-02-16</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
    </cosponsors>
    <cboCostEstimates>
      <item>
        <pubDate>2022-04-26T20:01:00Z</pubDate>
        <title>S. 3666, Accountability for Cryptocurrency in El Salvador Act</title>
        <url>https://www.cbo.gov/publication/58016</url>
        <description>As reported by the Senate Committee on Foreign Relations on April 4, 2022</description>
      </item>
    </cboCostEstimates>
    <policyArea>
      <name>International Affairs</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Computers and information technology</name>
        </item>
        <item>
          <name>Congressional oversight</name>
        </item>
        <item>
          <name>Currency</name>
        </item>
        <item>
          <name>Digital media</name>
        </item>
        <item>
          <name>El Salvador</name>
        </item>
        <item>
          <name>Foreign and international banking</name>
        </item>
        <item>
          <name>Forests, forestry, trees</name>
        </item>
        <item>
          <name>Internet, web applications, social media</name>
        </item>
        <item>
          <name>Land use and conservation</name>
        </item>
        <item>
          <name>Latin America</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>International Affairs</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2022-02-16</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2022-09-09T17:58:55Z</updateDate>
        <text><![CDATA[ <p><strong>Accountability for Cryptocurrency in El Salvador Act or ACES Act</strong></p> <p>This bill requires the Department of State to devise and implement a plan to mitigate any potential risk to the U.S. financial system posed by the adoption of a cryptocurrency as legal tender in El Salvador and any other country that uses the U.S. dollar as legal tender. The State Department must report to Congress on this plan and on various issues relating to El Salvador's adoption of Bitcoin as legal tender.</p>]]></text>
      </summary>
      <summary>
        <versionCode>25</versionCode>
        <actionDate>2022-04-04</actionDate>
        <actionDesc>Reported to Senate</actionDesc>
        <updateDate>2022-09-12T21:13:07Z</updateDate>
        <text><![CDATA[ <p><strong>Accountability for Cryptocurrency in El Salvador Act or ACES Act</strong></p> <p>This bill requires the Department of State to devise and implement a plan to mitigate any potential risk to the U.S. financial system posed by the adoption of a cryptocurrency as legal tender in El Salvador and any other country that uses the U.S. dollar as legal tender. The State Department must report to Congress on this plan and on various issues relating to El Salvador's adoption of Bitcoin as legal tender.</p>]]></text>
      </summary>
    </summaries>
    <title>ACES Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>ACES Act</title>
      </item>
      <item>
        <titleType>Short Title(s) as Reported to Senate</titleType>
        <title>ACES Act</title>
        <chamberCode>S</chamberCode>
        <chamberName>Senate</chamberName>
        <billTextVersionName>Reported to Senate</billTextVersionName>
        <billTextVersionCode>RS</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Title(s) as Reported to Senate</titleType>
        <title>Accountability for Cryptocurrency in El Salvador Act</title>
        <chamberCode>S</chamberCode>
        <chamberName>Senate</chamberName>
        <billTextVersionName>Reported to Senate</billTextVersionName>
        <billTextVersionCode>RS</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <title>ACES Act</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <title>Accountability for Cryptocurrency in El Salvador Act</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>A bill to require reports on the adoption of a cryptocurrency as legal tender in El Salvador, and for other purposes.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Reported to Senate</type>
        <date>2022-04-04T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-117s3666rs/xml/BILLS-117s3666rs.xml</url>
          </item>
        </formats>
      </item>
      <item>
        <type>Introduced in Senate</type>
        <date>2022-02-16T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-117s3666is/xml/BILLS-117s3666is.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2022-04-04</actionDate>
      <text>Placed on Senate Legislative Calendar under General Orders. Calendar No. 321.</text>
    </latestAction>
  </bill>
  <dublinCore xmlns:dc="http://purl.org/dc/elements/1.1/">
    <dc:format>text/xml</dc:format>
    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
  </dublinCore>
</billStatus>
