[Congressional Record Volume 171, Number 87 (Thursday, May 22, 2025)]
[Senate]
[Page S3133]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 2274. Ms. BLUNT ROCHESTER submitted an amendment intended to be
proposed by her 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 end of section 3(c)(2), add the following:
(C) Limitations.--With respect to a limited safe harbor
provided under this paragraph--
(i) the safe harbor shall expire not later than 180 days
after the date on which the Secretary of the Treasury
provides the safe harbor; and
(ii) after the expiration of the safe harbor under clause
(i), the Secretary of the Treasury may not renew, extend, or
re-provide the safe harbor.
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