[Congressional Record Volume 171, Number 86 (Wednesday, May 21, 2025)]
[Senate]
[Page S3074]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2238. Mr. HAWLEY 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 2, redesignate paragraphs (27) through (32) as 
     paragraphs (32) through (37), paragraphs (22) through (26) as 
     paragraphs (26) through (30), and paragraphs (10) through 
     (21) as paragraphs (11) through (22).
       In section 2, after paragraph (9), insert the following:
       (10) Excluded large online platform.--The term ``excluded 
     large online platform''--
       (A) means a social media platform, an online search engine, 
     an online marketplace, or an online communication platform 
     that--
       (i) averages more than 1,000,000 unique users on a monthly 
     basis; or
       (ii) has more than 1,000,000 user accounts;
       (B) includes all parents, subsidiaries, and affiliates of 
     the excluded large online platform; and
       (C) does not include a platform that only permits users to 
     interact via a predetermined set of phrases, emoticons, or 
     nonlinguistic symbols.
       In section 2, after paragraph (22), as so redesignated, 
     insert the following:
       (23) Online communication platform.--The term ``online 
     communication platform'' means a service that allows users to 
     communicate, connect, or collaborate via the internet and 
     includes instant messaging, online video conferencing, online 
     discussion forum, and online collaboration services.
       (24) Online marketplace.--The term ``online marketplace'' 
     has the meaning given that term in section 2(f) of the 
     Integrity, Notification, and Fairness in Online Retail 
     Marketplaces for Consumers Act (15 U.S.C. 45f(f)).
       (25) Online search engine.--The term ``online search 
     engine'' means an internet intermediary service that allows 
     users to input queries to perform searches of the World Wide 
     Web and, in response, returns information related to the 
     requested content.
       In section 2(27)(A)(iii), as so redesignated, strike 
     ``and''.
       In section 2(27)(B), as so redesignated, strike the period 
     at the end and insert ``; and''.
       In section 2(27), as so redesignated, add at the end the 
     following:
       (C) is not an excluded large online platform.
       In section 2, after paragraph (30), as so redesignated, 
     insert the following:
       (31) Social media platform.--The term ``social media 
     platform'' has the meaning given that term in section 124(a) 
     of the Trafficking Victims Prevention and Protection 
     Reauthorization Act of 2022 (42 U.S.C. 1862w(a)).
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