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H.R. 1602

Referred to Committee

Eliminate Barriers to Innovation Act of 2021

Introduced 3/8/2021•117th Congress•House

Latest Action

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

4/22/2021 • Senate

Summary

Eliminate Barriers to Innovation Act of 2021

This bill requires the Securities and Exchange Commission and the Commodity Futures Trading Commission to jointly establish a working group on digital assets. The working group must (1) report on the impact of the U.S. legal and regulatory framework on the digital asset market; and (2) provide recommendations regarding digital asset market fairness and integrity, cybersecurity standards, and the reduction of fraud and manipulation.

Passed House • 4/20/2021

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Topics & Subjects

Advanced technology and technological innovationsAdvisory bodiesBanking and financial institutions regulationComputers and information technologyCurrencyDigital mediaFraud offenses and financial crimesGovernment information and archivesGovernment studies and investigationsMinority and disadvantaged businessesPublic-private cooperationRight of privacy

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (5)

Party Breakdown

1
Democrats
4
Republicans
0
Independents

Sponsor

R[
Rep. McHenry, Patrick T. [R-NC-10]

Republican • NC-10

Sponsored 3/8/2021

Cosponsors (4)

R[
Rep. Lynch, Stephen F. [D-MA-8]

D-MA-8

Joined 3/8/2021

R[
Rep. Thompson, Glenn [R-PA-15]

R-PA-15

Joined 3/8/2021

R[
Rep. Budd, Ted [R-NC-13]

R-NC-13

Joined 3/8/2021

R[
Rep. Davidson, Warren [R-OH-8]

R-OH-8

Joined 3/8/2021

Bill Journey

Originated in the House

Introduced

March 8, 2021

Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Committee Review

Floor Debate

April 19, 2021

Passed Chamber

April 20, 2021

Other Chamber

President

Enacted into Law

Text Versions (3)

Referred in Senate4/22/2021
Engrossed in House4/20/2021
Introduced in House3/8/2021

Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors4