H.R. 5403 · 118th Congress

CBDC Anti-Surveillance State Act

Introduced on Sep 12, 2023 by Tom Emmer (R-MN-6). 165 cosponsors, all from the sponsor's party. Latest action (Jun 3, 2024): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Stage
Passed one chamber
Introduced
Sep 12, 2023
Cosponsors
165
0 from the other party
Policy area
Finance and Financial Sector
Open in the Congress explorerCongress.govAlert me

Progress

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

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

Official title

To amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes.

Subjects

  • Bank accounts, deposits, capital
  • Computers and information technology
  • 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.

Tom EmmerR-MN-6Sponsor

Republicans · 165

Roll calls

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

  1. On Agreeing to the Amendment
    May 23, 2024· House· Amendments· Agreed to 204–176
  2. On Agreeing to the Amendment
    May 23, 2024· House· Amendments· Agreed to 206–193
  3. On Agreeing to the Amendment
    May 23, 2024· House· Amendments· Agreed to 212–195
  4. On Passage
    May 23, 2024· House· Passage· Passed 216–192

History

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

  1. Sep 12, 2023Introduced in House
  2. Sep 12, 2023Introduced in House
  3. Sep 12, 2023 · HouseReferred to the House Committee on Financial Services.
  4. Sep 20, 2023 · HouseCommittee Consideration and Mark-up Session Held
  5. Sep 20, 2023 · HouseOrdered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 27 - 20.
  6. May 7, 2024Reported (Amended) by the Committee on Financial Services. H. Rept. 118-493.
  7. May 7, 2024 · HouseReported (Amended) by the Committee on Financial Services. H. Rept. 118-493.
  8. May 7, 2024 · HousePlaced on the Union Calendar, Calendar No. 409.
  9. May 21, 2024 · HouseRules Committee Resolution H. Res. 1243 Reported to House. Rule provides for consideration of H.R. 4763, H.R. 5403 and H.R. 192. The resolution provides for one hour of debate on each bill. H.R. 4763 and H.R. 5403 are considered under a structured rule and H.R. 192 is considered under a closed rule. The resolution provides for one motion to recommit on each bill.
  10. May 23, 2024 · HouseConsidered under the provisions of rule H. Res. 1243. (consideration: H3496-3509)
  11. May 23, 2024 · HouseRule provides for consideration of H.R. 4763, H.R. 5403 and H.R. 192. The resolution provides for one hour of debate on each bill. H.R. 4763 and H.R. 5403 are considered under a structured rule and H.R. 192 is considered under a closed rule. The resolution provides for one motion to recommit on each bill.
  12. May 23, 2024 · HouseHouse resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 1243 and Rule XVIII.
  13. May 23, 2024 · HouseThe Speaker designated the Honorable Clay Higgins to act as Chairman of the Committee.
  14. May 23, 2024 · HouseGENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 5403.
  15. May 23, 2024 · HouseDEBATE - Pursuant to the provisions of H.Res. 1243, the Committee of the Whole proceeded with 10 minutes of debate on the Ogles amendment No. 1.
  16. May 23, 2024 · HousePOSTPONED PROCEEDINGS - At the conclusion of debate on the Ogles amendment No. 1, the Chair put the question on agreeing to the amendment and by voice vote, announced that the ayes had prevailed. Ms. Waters demanded a recorded vote and the Chair postponed further proceedings until a time to be announced.
  17. May 23, 2024 · HouseDEBATE - Pursuant to the provisions of H.Res. 1243, the Committee of the Whole proceeded with 10 minutes of debate on the Mooney amendment No. 2.
  18. May 23, 2024 · HousePOSTPONED PROCEEDINGS - At the conclusion of debate on the Mooney amendment No. 2, the Chair put the question on agreeing to the amendment and by voice vote, announced that the ayes had prevailed. Ms. Waters demanded a recorded vote and the Chair postponed further proceedings until a time to be announced.
  19. May 23, 2024 · HouseDEBATE - Pursuant to the provisions of H.Res. 1243, the Committee of the Whole proceeded with 10 minutes of debate on the Davidson amendment No. 3.
  20. May 23, 2024 · HousePOSTPONED PROCEEDINGS - At the conclusion of debate on the Davidson amendment No. 3, the Chair put the question on agreeing to the amendment and by voice vote, announced that the ayes had prevailed. Ms. Waters demanded a recorded vote and the Chair postponed further proceedings until a time to be announced.
  21. May 23, 2024 · HouseThe House rose from the Committee of the Whole House on the state of the Union to report H.R. 5403.
  22. May 23, 2024 · HouseThe previous question was ordered pursuant to the rule.
  23. May 23, 2024 · HouseThe House adopted the amendment as agreed to by the Committee of the Whole House on the state of the Union.
  24. May 23, 2024Passed/agreed to in House: On passage Passed by recorded vote: 216 - 192 (Roll no. 230).House · Roll call 230
  25. May 23, 2024 · HouseOn passage Passed by recorded vote: 216 - 192 (Roll no. 230).House · Roll call 230
  26. May 23, 2024 · HouseMotion to reconsider laid on the table Agreed to without objection.
  27. Jun 3, 2024 · SenateReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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 Bankers Association5 reports
    $8.5M reported (all issues)Federal contractor: AMERICAN BANKERS ASSOCIATIONAI match · 100%
  4. ELECTRONIC TRANSACTIONS ASSOCIATION5 reports
    $2.1M reported (all issues)
  5. INDEPENDENT COMMUNITY BANKERS OF AMERICA5 reports
    $4M reported (all issues)
  6. CREDIT UNION NATIONAL ASSOCIATION, INC.3 reports
    $4M reported (all issues)
  7. Heritage Action for America3 reports
    $620K reported (all issues)
  8. Job Creators Network3 reports
    $22.5K reported (all issues)
  9. American Conservative Union1 report
  10. National Association of Federally-Insured Credit Unions1 report
    $960K reported (all issues)

Reports filed in 2023, 2024.

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 3, 2026 · loaded Oct 3, 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 5, 2026 · loaded Oct 5, 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.