3.0.0 4994 2023-01-11T13:50:20Z 2023-01-11T13:50:20Z Senate S 2022-09-28 117 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2022-09-28T21:29:02Z 2022-09-28 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2022-09-28 Introduced in Senate IntroReferral 10000 9 Library of Congress L000575 Sen. Lankford, James [R-OK] James Lankford R OK N Finance and Financial Sector Finance and Financial Sector 00 2022-09-28 Introduced in Senate 2023-01-06T19:55:36Z No Digital Dollar Act

This bill prohibits the use of a central bank digital currency as legal tender. Further, if a central bank digital currency is issued, (1) the Federal Reserve Board must continue issuing Federal Reserve notes, and (1) the Department of the Treasury must continue minting and issuing coins.

]]> No Digital Dollar Act Display Title No Digital Dollar Act Short Title(s) as Introduced No Digital Dollar Act Introduced in Senate IS Official Title as Introduced A bill to amend the Federal Reserve Act to prohibit the Board of Governors of the Federal Reserve System from discontinuing Federal Reserve notes if a central bank digital currency is issued, and for other purposes. Introduced in Senate IS Introduced in Senate 2022-09-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s4994is/xml/BILLS-117s4994is.xml 2022-09-28 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN 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. Congressional Research Service, Library of Congress 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.