[Congressional Record Volume 171, Number 85 (Tuesday, May 20, 2025)]
[Senate]
[Page S3013]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2228. Mr. RICKETTS (for himself and Ms. Lummis) submitted an 
amendment intended to be proposed by him to the bill S. 1582, to 
provide for the regulation of payment stablecoins, and for other 
purposes; which was ordered to lie on the table; as follows:

       In section 4(c), add at the end the following:
       (8) Expedited certifications of existing regulatory 
     regimes.--The Stablecoin Certification Review Committee shall 
     take all necessary steps to endeavor that, with respect to a 
     State that, within 180 days of the date of enactment of this 
     Act, has in effect a prudential regulatory regime (including 
     regulations and guidance) for the supervision of digital 
     assets or payment stablecoins, the certification process 
     under this paragraph with respect to that regime occurs on an 
     expedited timeline after the effective date of this Act.
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