S 4994 117th Congress Senate Finance and Financial Sector

No Digital Dollar Act

Introduced: September 28, 2022 Introduced by: Lankford, James Republican · Oklahoma See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Sep 28, 2022

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

Sep 28, 2022

Introduced in Senate

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Plain-English summary Congressional Research Service

No Digital Dollar Act

This bill prohibits the use of a central bank digital currency as legal tender. Further, if a central bank digital currency is issued, (1) the Federal Reserve Board must continue issuing Federal Reserve notes, and (1) the Department of the Treasury must continue minting and issuing coins.

What's happening now September 28, 2022

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

Bill text 1 version

Introduced in Senate Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Banking, Housing, and Urban Affairs Committee
Senate

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APA

U.S. Congress. (2026). S. 4994: No Digital Dollar Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-4994/

MLA

"S. 4994: No Digital Dollar Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-4994/.

Bluebook (legal)

S. 4994, 117th Cong. (2026), https://openamerica.io/bill/117-S-4994/.

Markdown link

[S. 4994: No Digital Dollar Act](https://openamerica.io/bill/117-S-4994/)