Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

§
Marginalia
Code · BILL · 119th Congress · H.R. 2392 (Reported in House) — To provide for the regulation of payment stablecoins, and for other purposes. · Sec. 12

Sec. 12. Studies and reports

335 words·~2 min read·/bill/119/hr/2392/rh/section-12

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The Secretary of the Treasury, in consultation with the Board, the Comptroller, the Corporation, the National Credit Union Administration, and the Securities and Exchange Commission, shall carry out a study of non-payment stablecoins, including decentralized stablecoins. Not later than 365 days after the date of the enactment of this Act, the Secretary shall provide to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate a report that contains all findings made in carrying out the study under subsection (a), including an analysis of— the categories of non-payment stablecoins, including the benefits and risks of technological design features; the participants in non-payment stablecoin arrangements; utilization and potential utilization of non-payment stablecoins; nature of reserve compositions; governance structure, including aspects of decentralization; nature of public promotion and advertising; and clarity and availability of consumer notices and disclosures.
The Secretary of the Treasury, in consultation with the Board, the Comptroller, the Corporation, the National Credit Union Administration, and the Securities and Exchange Commission, shall carry out a study on the impact of payment stablecoins. Not later than 365 days after the date of enactment of this Act, the Secretary shall provide the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate a report containing all findings made in carrying out the study under paragraph (1), including an analysis of— the impact of payment stablecoins on the cost of domestic and cross-border payments and remittances; the role of payment stablecoins in providing access to a stable currency in the Global South; the use of payment stablecoins by populations in the Global South to mitigate exposure to the effects of inflation; the extent to which payment stablecoin adoption reinforces the role of the United States dollar as the world’s reserve currency; and the extent to which payment stablecoins may expand demand for United States Treasury securities and reduce the cost of United States Government borrowing.
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.