Code · BILL · 119th Congress · H.R. 2392 (Reported in House) — To provide for the regulation of payment stablecoins, and for other purposes. · Sec. 13

Sec. 13. Report on rulemaking status

56 words·~1 min read·/bill/119/hr/2392/rh/section-13

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

Not later than 6 months after the date of enactment of this Act, the primary Federal payment stablecoin regulators shall provide a status update on the development of the rulemaking under this Act to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate.