[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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