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HR 3506 117th Congress House Foreign Trade and International Finance Asia China Congressional oversight Currency Digital media Foreign and international banking International monetary system and foreign exchange

21st Century Dollar Act

Introduced: July 13, 2022 Introduced by: Hill, J. French Republican · Arkansas See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 25, 2021
Referred to the House Committee on Financial Services.
May 25, 2021
Introduced in House
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 Plain-English summary Congressional Research Service

21st Century Dollar Act

This bill requires the Department of the Treasury to establish a strategy to facilitate the position of the dollar as the primary global reserve currency.

Treasury must submit a report that includes (1) steps taken to implement this strategy, legislative recommendations, and efforts by major foreign central banks to create an official digital currency; and (2) an evaluation of the role of the renminbi (the official currency of China) in international payments and foreign exchange reserves.

What's happening now May 25, 2021

Referred to the House Committee on Financial Services.

 Related & companion bills 1
  • HR 4792 Related bill Countering Communist China Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 5
All 5 Democratic 1 Republican 4
R
Miller-Meeks, Mariannette
Iowa · Jul 13, 2022
 R
Donalds, Byron
Florida · Mar 17, 2022
 R
Gooden, Lance
Texas · Mar 17, 2022
 R
Timmons, William R.
South Carolina · Mar 17, 2022
 D
Himes, James A.
Connecticut · May 25, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3506: 21st Century Dollar Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-3506/
MLA
"H.R. 3506: 21st Century Dollar Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-3506/.
Bluebook (legal)
H.R. 3506, 117th Cong. (2026), https://openamerica.io/bill/117-HR-3506/.
Markdown link
[H.R. 3506: 21st Century Dollar Act](https://openamerica.io/bill/117-HR-3506/)
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