3.0.0
3633
2025-09-24T13:34:51Z
2025-09-24T13:34:51Z
House
H
HR
2025-05-29
119
https://www.congress.gov/bill/119th-congress/house-bill/3633
[Congressional Record Volume 171, Number 91 (Thursday, May 29, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HILL of Arkansas:H.R. 3633.Congress has the power to enact this legislation pursuantto the following:Regulations with an Effect on Interstate Commerce ArticleI, Section 8, clause 3 (Commerce Clause)[Page H2377]
- ssbk00
Banking, Housing, and Urban Affairs Committee
Senate
Standing
  - Referred To
2025-09-18T19:20:08Z
- hsba00
Financial Services Committee
House
Standing
  - Reported By
2025-06-24T00:51:06Z
  - Markup By
2025-06-10T17:12:00Z
  - Referred To
2025-05-29T15:07:05Z
- hsag00
Agriculture Committee
House
Standing
  - Reported By
2025-06-24T00:50:46Z
  - Markup By
2025-06-10T17:05:41Z
  - Referred To
2025-05-29T15:07:10Z
H. Rept. 119-168,Part 1
H. Rept. 119-168,Part 2

- Providing for consideration of the bill (H.R. 4922) to limit youth offender status in the District of Columbia to individuals 18 years of age or younger, to direct the Attorney General of the District of Columbia to establish and operate a publicly accessible website containing updated statistics on juvenile crime in the District of Columbia, to amend the District of Columbia Home Rule Act to prohibit the Council of the District of Columbia from enacting changes to existing criminal liability sentences, and for other purposes; providing for consideration of the bill (H.R. 5143) to establish standards for law enforcement officers in the District of Columbia to engage in vehicular pursuits of suspects, and for other purposes; providing for consideration of the bill (H.R. 5140) to lower the age at which a minor may be tried as an adult for certain criminal offenses in the District of Columbia to 14 years of age; providing for consideration of the bill (H.R. 5125) to amend the District of Columbia Home Rule Act to terminate the District of Columbia Judicial Nomination Commission, and for other purposes; providing for consideration of the bill (H.R. 1047) to require the Federal Energy Regulatory Commission to reform the interconnection queue process for the prioritization and approval of certain projects, and for other purposes; providing for consideration of the bill (H.R. 3015) to reestablish the National Coal Council in the Department of Energy to provide advice and recommendations to the Secretary of Energy on matters related to coal and the coal industry, and for other purposes; providing for consideration of the bill (H.R. 3062) to establish a more uniform, transparent, and modern process to authorize the construction, connection, operation, and maintenance of international border-crossing facilities for the import and export of oil and natural gas and the transmission of electricity; and for other purposes.
119
707
HRES
2025-09-17
Pursuant to the provisions of H.Res. 722, H.Res. 707 is amended.
18:05:25
  - Related bill
House

- Securing Innovation in Financial Regulation Act
119
3690
HR
2025-06-03
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.
  - Related bill
CRS

- Providing for consideration of the bill (H.R. 4016) making appropriations for the Department of Defense for the fiscal year ending September 30, 2026, and for other purposes; providing for consideration of the bill (H.R. 3633) to provide for a system of regulation of the offer and sale of digital commodities by the Securities and Exchange Commission and the Commodity Futures Trading Commission, and for other purposes; providing for consideration of the bill (H.R. 1919) to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes; providing for consideration of the bill (S. 1582) to provide for the regulation of payment stablecoins, and for other purposes; and waiving a requirement of clause 6(a) of rule XIII with respect to consideration of certain resolutions reported from the Committee on Rules.
119
580
HRES
2025-07-16
On agreeing to the resolution Agreed to by recorded vote: 217 - 212 (Roll no. 198).
23:04:07
  - Related bill
House
  - Procedurally related
House
- 2025-09-18
  - ssbk00
Banking, Housing, and Urban Affairs Committee
Senate
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
IntroReferral
- 2025-07-17
15:30:33
Motion to reconsider laid on the table Agreed to without objection.
Floor
H38310
2
House floor actions
- 2025-07-17
15:30:31
On passage Passed by the Yeas and Nays: 294 - 134 (Roll no. 199). (text of amendment in the nature of a substitute: CR H3373-3397)
Floor
H37100
2
House floor actions
199
https://clerk.house.gov/evs/2025/roll199.xml
House
119
2025-07-17T19:30:31Z
1
- 2025-07-17
15:30:31
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 294 - 134 (Roll no. 199).
Floor
8000
9
Library of Congress
199
https://clerk.house.gov/evs/2025/roll199.xml
House
119
2025-07-17T19:30:31Z
1
- 2025-07-17
14:49:15
Considered as unfinished business. (consideration: CR H3449: 1)
Floor
H30000
2
House floor actions
- 2025-07-17
10:35:07
POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 3633, the Chair put the question on passage of the bill and by voice vote, announced that the ayes had prevailed. Ms. Craig demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
Floor
H8D000
2
House floor actions
- 2025-07-17
10:34:41
The previous question was ordered pursuant to the rule.
Floor
H35000
2
House floor actions
- 2025-07-17
09:24:25
DEBATE - The House proceeded with one hour of debate on H.R. 3633.
Floor
H8D000
2
House floor actions
- 2025-07-17
09:22:50
Rule provides for consideration of H.R. 4016, H.R. 3633, H.R. 1919 and S. 1582. The resolution provides for consideration of H.R. 4016 and H.R. 3633 under a structured rule, and H.R. 1919 and S. 1582 under a closed rule, with one hour of general debate on each bill. The resolution provides for a motion to recommit on H.R. 4016, H.R. 3633, and H.R. 1919, and a motion to commit on S. 1582.
Floor
H8D000
2
House floor actions
- 2025-07-17
09:22:45
Considered under the provisions of rule H. Res. 580. (consideration: CR H3373)
Floor
H30000
2
House floor actions
- 2025-07-15
09:34:09
Rules Committee Resolution H. Res. 580 Reported to House. Rule provides for consideration of H.R. 4016, H.R. 3633, H.R. 1919 and S. 1582. The resolution provides for consideration of H.R. 4016 and H.R. 3633 under a structured rule, and H.R. 1919 and S. 1582 under a closed rule, with one hour of general debate on each bill. The resolution provides for a motion to recommit on H.R. 4016, H.R. 3633, and H.R. 1919, and a motion to commit on S. 1582.
Floor
H1L210
2
House floor actions
- 2025-06-23
Placed on the Union Calendar, Calendar No. 134.
Calendars
H12410
2
House floor actions
U00134
- 2025-06-23
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-168, Part II.
Committee
H12200
2
House floor actions
  - hsba00
Financial Services Committee
- 2025-06-23
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-168, Part II.
Committee
5000
9
Library of Congress
  - hsba00
Financial Services Committee
- 2025-06-23
Reported (Amended) by the Committee on Agriculture. H. Rept. 119-168, Part I.
Committee
H12200
2
House floor actions
  - hsag00
Agriculture Committee
- 2025-06-23
Reported (Amended) by the Committee on Agriculture. H. Rept. 119-168, Part I.
Committee
5000
9
Library of Congress
  - hsag00
Agriculture Committee
- 2025-06-10
  - hsba00
Financial Services Committee
1
House committee actions
Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 19.
Committee
- 2025-06-10
  - hsba00
Financial Services Committee
1
House committee actions
Committee Consideration and Mark-up Session Held
Committee
- 2025-06-10
  - hsag00
Agriculture Committee
1
House committee actions
Ordered to be Reported (Amended) by the Yeas and Nays: 47 - 6.
Committee
- 2025-06-10
  - hsag00
Agriculture Committee
1
House committee actions
Committee Consideration and Mark-up Session Held
Committee
- 2025-05-29
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.
IntroReferral
H11100
2
House floor actions
  - hsag00
Agriculture Committee
- 2025-05-29
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.
IntroReferral
H11100
2
House floor actions
  - hsba00
Financial Services Committee
- 2025-05-29
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2025-05-29
Introduced in House
IntroReferral
1000
9
Library of Congress
- H001072
Rep. Hill, J. French [R-AR-2]
J.
Hill
R
AR
French
2
N
- T000467
Rep. Thompson, Glenn [R-PA-15]
Glenn
Thompson
R
PA
15
2025-05-29
True
- C001119
Rep. Craig, Angie [D-MN-2]
Angie
Craig
D
MN
2
2025-05-29
True
- E000294
Rep. Emmer, Tom [R-MN-6]
Tom
Emmer
R
MN
6
2025-05-29
True
- J000301
Rep. Johnson, Dusty [R-SD-At Large]
Dusty
Johnson
R
SD
0
2025-05-29
True
- D000230
Rep. Davis, Donald G. [D-NC-1]
Donald
Davis
D
NC
G.
1
2025-05-29
True
- S001213
Rep. Steil, Bryan [R-WI-1]
Bryan
Steil
R
WI
1
2025-05-29
True
- T000486
Rep. Torres, Ritchie [D-NY-15]
Ritchie
Torres
D
NY
15
2025-05-29
True
- D000626
Rep. Davidson, Warren [R-OH-8]
Warren
Davidson
R
OH
8
2025-05-29
True
- G000583
Rep. Gottheimer, Josh [D-NJ-5]
Josh
Gottheimer
D
NJ
5
2025-06-02
False
- H001058
Rep. Huizenga, Bill [R-MI-4]
Bill
Huizenga
R
MI
4
2025-06-05
False
- N000193
Rep. Nunn, Zachary [R-IA-3]
Zachary
Nunn
R
IA
3
2025-06-20
False
- L000599
Rep. Lawler, Michael [R-NY-17]
Michael
Lawler
R
NY
17
2025-06-20
False
- M001204
Rep. Meuser, Daniel [R-PA-9]
Daniel
Meuser
R
PA
9
2025-06-20
False
- C001103
Rep. Carter, Earl L. "Buddy" [R-GA-1]
Earl
Carter
R
GA
L. "Buddy"
1
2025-06-20
False
- M001235
Rep. Moore, Riley M. [R-WV-2]
Riley
Moore
R
WV
M.
2
2025-06-20
False
- B001323
Rep. Begich, Nicholas J. [R-AK-At Large]
Nicholas
Begich
R
AK
J.
0
2025-06-20
False
- M001237
Rep. McDonald Rivet, Kristen [D-MI-8]
Kristen
McDonald Rivet
D
MI
8
2025-06-20
False
- T000488
Rep. Thanedar, Shri [D-MI-13]
Shri
Thanedar
D
MI
13
2025-06-20
False
- M001233
Rep. Messmer, Mark B. [R-IN-8]
Mark
Messmer
R
IN
B.
8
2025-06-20
False
- B001327
Rep. Bresnahan, Robert P. [R-PA-8]
Robert
Bresnahan
R
PA
P.
8
2025-06-20
False
- S001215
Rep. Stevens, Haley M. [D-MI-11]
Haley
Stevens
D
MI
M.
11
2025-06-23
False
- 2025-07-10T17:55:00Z

Estimated Budgetary Effects of H.R. 3633, CLARITY Act of 2025
https://www.cbo.gov/publication/61542
As posted on the website of the House Committee on Rules on July 2, 2025
Finance and Financial Sector
- Advanced technology and technological innovations
2025-08-01T15:04:00Z
- Bank accounts, deposits, capital
2025-08-01T16:18:39Z
- Banking and financial institutions regulation
2025-08-01T15:00:23Z
- Business records
2025-08-01T16:18:30Z
- Computers and information technology
2025-08-01T14:50:06Z
- Currency
2025-08-01T14:45:46Z
- Digital media
2025-08-01T14:45:39Z
- Financial services and investments
2025-08-01T15:00:06Z
- Fraud offenses and financial crimes
2025-08-01T15:04:30Z
- Licensing and registrations
2025-08-01T15:14:22Z
- Securities
2025-08-01T14:50:15Z
Finance and Financial Sector
2025-06-12T14:12:30Z
00
2025-05-29
Introduced in House
2025-07-14T21:21:33Z
Digital Asset Market Clarity Act of 2025 or the CLARITY Act of 2025
This bill establishes a regulatory framework for digital commodities, defined by the bill as digital assets that rely upon a blockchain for their value.
The Commodity Futures Trading Commission must generally regulate digital commodities transactions, including digital commodity exchanges, brokers, and dealers. To qualify for trade on an exchange (1) a digital commodity’s blockchain must be mature, or on a blockchain system that has achieved decentralized control as defined by the bill; or (2) the issuer of the digital commodity must file certain reports. The bill establishes requirements for trade monitoring, recordkeeping, and the commingling of customer assets.
The bill exempts digital commodities on mature blockchains (and digital commodities on blockchains expected to mature within certain timeframes) from Securities and Exchange Commission (SEC) registration requirements if annual sales fall under a certain amount and other requirements are met. The bill provides the SEC with jurisdiction over digital commodity activities and transactions engaged in by certain brokers and dealers on alternative trading systems and by national securities exchanges.
Digital commodity exchanges, brokers, and dealers are subject to the Bank Secrecy Act for anti-money laundering and related purposes.
The bill also sets forth requirements for alternative trading systems, previously issued digital commodities, and provisional registration until the bill is implemented.
For more information on this bill, see CRS Insight IN12583, Crypto Legislation: An Overview of H.R. 3633, the CLARITY Act.

Digital Asset Market Clarity Act of 2025
- Official Titles as Amended by House
7

To provide for a system of regulation of the offer and sale of digital commodities by the Securities and Exchange Commission and the Commodity Futures Trading Commission, to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes.
2025-09-23T15:31:56Z
H
House
- Official Titles from EH (Engrossed in House) bill text
259

To provide for a system of regulation of the offer and sale of digital commodities by the Securities and Exchange Commission and the Commodity Futures Trading Commission, to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes.
2025-09-22T17:38:16Z
H
House
Engrossed in House
EH
- Short Titles from RFS (Referred to Senate) bill text
255

Digital Asset Market Clarity Act of 2025
2025-09-20T06:08:14Z
S
Senate
Referred in Senate
RFS
- Short Titles from RFS (Referred to Senate) bill text
255

CLARITY Act of 2025
2025-09-20T06:08:14Z
S
Senate
Referred in Senate
RFS
- Short Titles from RFS (Referred to Senate) bill text
255

Anti-CBDC Surveillance State Act
2025-09-20T06:08:14Z
S
Senate
Referred in Senate
RFS
- Short Title(s) as Passed House
104

Digital Asset Market Clarity Act of 2025
2025-07-22T04:23:23Z
H
House
Engrossed in House
EH
- Display Title
45

Digital Asset Market Clarity Act of 2025
2025-07-17T11:31:54Z
- Short Title(s) as Reported to House
102

Digital Asset Market Clarity Act of 2025
2025-06-24T07:38:19Z
H
House
Reported in House
RH
- Short Title(s) as Introduced
101

Digital Asset Market Clarity Act of 2025
2025-06-03T04:23:20Z
Introduced in House
IH
- Official Title as Introduced
6

To provide for a system of regulation of the offer and sale of digital commodities by the Securities and Exchange Commission and the Commodity Futures Trading Commission, and for other purposes.
2025-06-03T04:18:31Z
Introduced in House
IH
48
119
HAMDT
Pursuant to the provisions of H. Res. 580, in lieu of the amendments in the nature of a substitute recommended by the Committees on Agriculture and Financial Services now printed in the bill, an amendment in the nature of a substitute consisting of the text of Rules Committee Print 119-6, modified by the amendment printed in part B of House Report 119-199 is considered adopted.
2025-07-18T10:54:18Z
2025-07-17
On agreeing to the Rules amendment (A001) Agreed to without objection.
- Rules Committee
2025-07-17T04:00:00Z
House of Representatives
119
HR
House
H
3633

Digital Asset Market Clarity Act of 2025
2025-09-24
4
- 2025-07-17
On agreeing to the Rules amendment (A001) Agreed to without objection.
72500
9
Library of Congress
- 2025-07-17
Amendment in the nature of a substitute reported by the House Committee on Rules.
NotUsed
71500
9
Library of Congress
  - hsru00
Rules Committee
- 2025-07-17
House amendment offered/reported by: Amendment in the nature of a substitute reported by the House Committee on Rules.
NotUsed
71500
9
Library of Congress
  - hsru00
Rules Committee
- 2025-07-17
House amendment considered as adopted: On agreeing to the Rules amendment (A001) Agreed to without objection.
72500
9
Library of Congress
- Referred in Senate
2025-09-18T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-119hr3633rfs/xml/BILLS-119hr3633rfs.xml
- Engrossed in House
2025-07-17T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-119hr3633eh/xml/BILLS-119hr3633eh.xml
- Reported in House
2025-06-23T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-119hr3633rh/xml/BILLS-119hr3633rh.xml
- Introduced in House
2025-05-29T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-119hr3633ih/xml/BILLS-119hr3633ih.xml
2025-09-18
Received in the Senate and 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.