[Congressional Record Volume 171, Number 86 (Wednesday, May 21, 2025)]
[Senate]
[Page S3082]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2251. Mr. REED 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:

       At the appropriate place, insert the end the following:

     SEC. ___. ACQUISITION AND DISPOSITION OF DIGITAL ASSETS.

       (a) In General.--No funds shall be used to acquire 
     additional digital assets, other than in connection with 
     criminal or civil asset forfeiture proceedings or in 
     satisfaction of any civil money penalty imposed by any 
     agency.
       (b) Disposition.--The Secretary of the Treasury and the 
     Attorney General shall dispose of any digital assets in the 
     Department of the Treasury Forfeiture Fund and the Department 
     of Justice Assets Forfeiture Fund, respectively, in a 
     reliable and predictable manner over time in order to--
       (1) be returned to identifiable and verifiable victims of 
     crime;
       (2) be used for law enforcement operations;
       (3) be equitably shared with State and local law 
     enforcement partners; or
       (4) for any other purpose described in section 9705 of 
     title 31, United States Code, section 524(c) of title 28, 
     United States Code, section 981 of title 18, United States 
     Code, or section 511 of the Controlled Substances Act (21 
     U.S.C. 881).
       (c) Reports.--The reports to Congress described in 9705 of 
     title 31, United States Code, and section 524(c) of title 28, 
     United States Code, shall include a report on the time 
     horizons over which the Secretary and the Attorney General 
     anticipate disposing of digital assets in the Funds.
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