[Congressional Record Volume 170, Number 86 (Friday, May 17, 2024)]
[House]
[Pages H3357-H3358]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

           By Mr. TIMMONS:
       H.R. 8464.
       Congress has the power to enact this legislation pursuant 
     to the following:
       Article I, section 8 of the Constitution of the United 
     States.
       The single subject of this legislation is:
       The Tokenization Report Act of 2024 will require the 
     prudential regulators to subit a report to both chambers of 
     Congress on trends surrounding the tokenization of 
     traditional assets; the purpose of this report would be to 
     ensure the federal government

[[Page H3358]]

     has the most up to date understanding on the dynamic trends 
     within the world of blockchain technology and its 
     relationship with our financial systems.