H.R. 4766 · 118th Congress

Clarity for Payment Stablecoins Act of 2023

Introduced on Jul 20, 2023 by Patrick T. McHenry (R-NC-10). One cosponsor. Latest action (May 7, 2024): Placed on the Union Calendar, Calendar No. 408.

Stage
Reported by committee
Introduced
Jul 20, 2023
Cosponsors
1
1 from the other party
Policy area
Finance and Financial Sector
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Progress

The furthest stage the measure reached. Simple and concurrent resolutions do not go to the President.

  1. Introduced
  2. Reported by committee
  3. 3Passed one chamber
  4. 4Passed both chambers
  5. 5Sent to the President
  6. 6Became law

Official title

To provide for the regulation of payment stablecoins, and for other purposes.

Subjects

  • Bank accounts, deposits, capital
  • Banking and financial institutions regulation
  • Civil actions and liability
  • Computer security and identity theft
  • Computers and information technology
  • Consumer affairs
  • Currency
  • Digital media
  • Financial services and investments

Summary

The Congressional Research Service has not summarized this measure yet.

Sponsor and cosponsors

Cosponsors by party as of the day they signed on. Original cosponsors signed on the day of introduction.

Patrick T. McHenryR-NC-10Sponsor

Democrats · 1

Roll calls

Recorded votes on the measure. Most measures move by voice vote or unanimous consent, which record no individual positions.

No recorded roll call on this measure: it moved by voice vote or unanimous consent, or has not reached the floor.

History

Every action as published, oldest first. Roll calls link to how each member voted.

  1. Jul 20, 2023Introduced in House
  2. Jul 20, 2023Introduced in House
  3. Jul 20, 2023 · HouseReferred to the House Committee on Financial Services.
  4. Jul 27, 2023 · HouseCommittee Consideration and Mark-up Session Held
  5. Jul 27, 2023 · HouseOrdered to be Reported (Amended) by the Yeas and Nays: 34 - 16.
  6. May 7, 2024Reported (Amended) by the Committee on Financial Services. H. Rept. 118-492.
  7. May 7, 2024 · HouseReported (Amended) by the Committee on Financial Services. H. Rept. 118-492.
  8. May 7, 2024 · HousePlaced on the Union Calendar, Calendar No. 408.

Committees

Committees and subcommittees the measure was referred to.

Agencies in its committees' jurisdiction

Analisa's mapping of committee jurisdiction to federal agencies; the bill may touch others, or none of these.

Who lobbied on it

Organizations whose lobbying reports (LD-2) name this measure. Spending is what they reported for those quarters on all issues, not on this measure alone.

  1. BLOCKCHAIN ASSOCIATION10 reports
    $2.5M reported (all issues)
  2. DEFI EDUCATION FUND10 reports
    $680K reported (all issues)
  3. American Transaction Processors Coalition9 reports
    $380K reported (all issues)
  4. COINBASE INC.7 reports
    $1.6M reported (all issues)Federal contractor: COINBASE INC$4.4M in contracts, FY2026AI match · 99%
  5. Crypto Council for Innovation7 reports
    $1M reported (all issues)
  6. Stellar Development Foundation6 reports
    $480K reported (all issues)
  7. ANCHOR LABS, INC.5 reports
    $590K reported (all issues)
  8. American Bankers Association5 reports
    $8.5M reported (all issues)Federal contractor: AMERICAN BANKERS ASSOCIATIONAI match · 100%
  9. BANK OF AMERICA CORPORATION5 reports
    $3M reported (all issues)Federal contractor: BANK OF AMERICA, NATIONAL ASSOCIATIONAI match · 99%
  10. CF Secured LLC5 reports
    $420K reported (all issues)
  11. CME GROUP INC.5 reports
    $2M reported (all issues)
  12. CONSUMER BANKERS ASSOCIATION5 reports
    $5.3M reported (all issues)
  13. Circle5 reports
    $510K reported (all issues)
  14. Coinbase Global, Inc.5 reports
    $300K reported (all issues)Federal contractor: COINBASE INC$4.4M in contracts, FY2026AI match · 100%
  15. DIGITAL CURRENCY GROUP5 reports
    $590K reported (all issues)
  16. Digital Asset (US) Corp5 reports
    $150K reported (all issues)
  17. ELECTRONIC TRANSACTIONS ASSOCIATION5 reports
    $2.1M reported (all issues)
  18. FRANKLIN RESOURCES, INC. (FRANKLIN TEMPLETON)5 reports
    $2M reported (all issues)
  19. INDEPENDENT COMMUNITY BANKERS OF AMERICA5 reports
    $4M reported (all issues)
  20. Michigan Credit Union League5 reports
    $115K reported (all issues)
  21. PARADIGM OPERATIONS LP5 reports
    $1.3M reported (all issues)
  22. PAYWARD INC. D/B/A KRAKEN5 reports
    $1.5M reported (all issues)
  23. Brale Inc.4 reports
    $160K reported (all issues)
  24. FMR LLC4 reports
    $2.1M reported (all issues)
  25. Americans for Financial Reform3 reports
    $470K reported (all issues)
  26. LMAX Group3 reports
    $120K reported (all issues)
  27. SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION3 reports
    $6M reported (all issues)
  28. VISA INC3 reports
    $5.6M reported (all issues)
  29. Ava Labs Inc.2 reports
    $90K reported (all issues)
  30. MANAGED FUNDS ASSOCIATION2 reports
    $2.3M reported (all issues)
  31. MASTERCARD Worldwide2 reports
    $2.3M reported (all issues)
  32. Anchorage Digital Bank1 report
    $60K reported (all issues)
  33. NORTHERN TRUST CORPORATION1 report
    $160K reported (all issues)
  34. National Association of Federally-Insured Credit Unions1 report
    $960K reported (all issues)
  35. STRIPE, INC.1 report

Reports filed in 2023, 2024, 2025.

Sources and method

Every figure on this page traces to these records.

  • Bill status: bills and resolutions, sponsors, actions, subjects and CRS summaries (U.S. Government Publishing Office (GovInfo), from Congress.gov (Library of Congress))GovInfo Bill Status bulk data (Congress.gov; summaries by the Congressional Research Service) · data current to Oct 6, 2026 · loaded Oct 6, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Members of Congress, their terms, committees and identifiers (The @unitedstates project (from the Biographical Directory of the U.S. Congress, the House and the Senate))unitedstates/congress-legislators: legislators, committees and current committee membership · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: CC0 1.0 (public domain dedication)
  • House roll-call votes (Office of the Clerk, U.S. House of Representatives)Office of the Clerk, U.S. House of Representatives, roll-call vote records · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Senate roll-call votes and DW-NOMINATE scores (Voteview (UCLA Department of Political Science))Lewis, Jeffrey B., Keith Poole, Howard Rosenthal, Adam Boche, Aaron Rudkin, and Luke Sonnet (2026). Voteview: Congressional Roll-Call Votes Database. https://voteview.com/ · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Free to use with the required citation
  • Lobbying disclosures (LD-1 registrations, LD-2 quarterly reports, LD-203 contribution reports) (Clerk of the U.S. House of Representatives)Clerk of the House, Lobbying Disclosure Act filings (organizations only; lobbyists' names are not loaded) · data current to Oct 6, 2026 · loaded Oct 6, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Positions are shown only where a roll call recorded them; voice votes and unanimous consent record none.
  • Money and votes are shown side by side; neither explains the other.