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HR 5403 118th Congress House Finance and Financial Sector Bank accounts, deposits, capital Computers and information technology Currency Digital media Financial services and investments

CBDC Anti-Surveillance State Act

Introduced: February 29, 2024 Introduced by: Emmer, Tom Republican · Minnesota See on congress.gov
This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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 24 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 3, 2024
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 23, 2024
GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 5403.
May 23, 2024
The Speaker designated the Honorable Clay Higgins to act as Chairman of the Committee.
May 23, 2024
On passage Passed by recorded vote: 216 - 192 (Roll no. 230).
May 23, 2024
Motion to reconsider laid on the table Agreed to without objection.
May 23, 2024
The House adopted the amendment as agreed to by the Committee of the Whole House on the state of the Union.
May 23, 2024
The previous question was ordered pursuant to the rule.
May 23, 2024
The House rose from the Committee of the Whole House on the state of the Union to report H.R. 5403.
May 23, 2024
POSTPONED PROCEEDINGS - At the conclusion of debate on the Davidson amendment No. 3, the Chair put the question on agreeing to the amendment and by voice vote, announced that the ayes had prevailed. Ms. Waters demanded a recorded vote and the Chair postponed further proceedings until a time to be announced.
May 23, 2024
DEBATE - Pursuant to the provisions of H.Res. 1243, the Committee of the Whole proceeded with 10 minutes of debate on the Davidson amendment No. 3.
May 23, 2024
POSTPONED PROCEEDINGS - At the conclusion of debate on the Mooney amendment No. 2, the Chair put the question on agreeing to the amendment and by voice vote, announced that the ayes had prevailed. Ms. Waters demanded a recorded vote and the Chair postponed further proceedings until a time to be announced.
May 23, 2024
POSTPONED PROCEEDINGS - At the conclusion of debate on the Ogles amendment No. 1, the Chair put the question on agreeing to the amendment and by voice vote, announced that the ayes had prevailed. Ms. Waters demanded a recorded vote and the Chair postponed further proceedings until a time to be announced.
May 23, 2024
DEBATE - Pursuant to the provisions of H.Res. 1243, the Committee of the Whole proceeded with 10 minutes of debate on the Ogles amendment No. 1.
May 23, 2024
House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 1243 and Rule XVIII.
May 23, 2024
Rule provides for consideration of H.R. 4763, H.R. 5403 and H.R. 192. The resolution provides for one hour of debate on each bill. H.R. 4763 and H.R. 5403 are considered under a structured rule and H.R. 192 is considered under a closed rule. The resolution provides for one motion to recommit on each bill.
May 23, 2024
Considered under the provisions of rule H. Res. 1243. (consideration: H3496-3509)
May 23, 2024
DEBATE - Pursuant to the provisions of H.Res. 1243, the Committee of the Whole proceeded with 10 minutes of debate on the Mooney amendment No. 2.
May 21, 2024
Rules Committee Resolution H. Res. 1243 Reported to House. Rule provides for consideration of H.R. 4763, H.R. 5403 and H.R. 192. The resolution provides for one hour of debate on each bill. H.R. 4763 and H.R. 5403 are considered under a structured rule and H.R. 192 is considered under a closed rule. The resolution provides for one motion to recommit on each bill.
May 7, 2024
Placed on the Union Calendar, Calendar No. 409.
May 7, 2024
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-493.
Sep 20, 2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 27 - 20.
Sep 20, 2023
Committee Consideration and Mark-up Session Held
Sep 12, 2023
Introduced in House
Sep 12, 2023
Referred to the House Committee on Financial Services.
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
May 23, 2024 House · vote #230 On Passage Passed 216192 See who voted →
 Amendments to this bill 3

3 agreed to

AmendmentSponsorPurposeStatusLatest action
HAMDT 926 Davidson, Warren Amendment prohibits the Federal Reserve Bank and the Treasury Department from designing, building, developing… Agreed to May 23, 2024
HAMDT 925 Amendment prohibits the Federal Reserve's Central Bank Digital Currency (CBDC) pilot programs. Agreed to May 23, 2024
HAMDT 924 Ogles, Andrew An amendment numbered 1 printed in Part C of House Report 118-516 to add a sense of Congress that the Board o… Agreed to May 23, 2024
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 Plain-English summary Congressional Research Service

CBDC Anti-Surveillance State Act

This bill prohibits a Federal Reserve bank from offering products or services directly to an individual, maintaining an account on behalf of an individual, or issuing a central bank digital currency (i.e., a digital dollar) directly or indirectly to an individual. Further, The Board of Governors of the Federal Reserve System is prohibited from using a central bank digital currency to implement monetary policy or from issuing a central bank digital currency.

What's happening now June 3, 2024

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

 Related & companion bills 1
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 165
R
Diaz-Balart, Mario
Florida · May 7, 2024
R
McCaul, Michael T.
Texas · May 6, 2024
R
Roy, Chip
Texas · May 6, 2024
R
McClintock, Tom
California · May 2, 2024
R
Maloy, Celeste
Utah · May 1, 2024
Pence, Greg
· Apr 30, 2024
R
Carey, Mike
Ohio · Apr 29, 2024
R
McCormick, Richard
Georgia · Apr 29, 2024
R
Wittman, Robert J.
Virginia · Apr 29, 2024
R
Aderholt, Robert B.
Alabama · Apr 26, 2024
R
Balderson, Troy
Ohio · Apr 26, 2024
R
Gimenez, Carlos A.
Florida · Apr 26, 2024
R
Higgins, Clay
Louisiana · Apr 26, 2024
R
Hinson, Ashley
Iowa · Apr 26, 2024
R
Mast, Brian J.
Florida · Apr 26, 2024
R
Miller-Meeks, Mariannette
Iowa · Apr 26, 2024
R
Perry, Scott
Pennsylvania · Apr 26, 2024
R
Zinke, Ryan K.
Montana · Apr 26, 2024
R
Van Orden, Derrick
Wisconsin · Apr 23, 2024
R
Arrington, Jodey C.
Texas · Apr 9, 2024
R
Issa, Darrell
California · Apr 9, 2024
R
Owens, Burgess
Utah · Apr 9, 2024
R
Stauber, Pete
Minnesota · Apr 9, 2024
R
Womack, Steve
Arkansas · Apr 9, 2024
R
Hudson, Richard
North Carolina · Apr 2, 2024
R
McClain, Lisa C.
Michigan · Apr 2, 2024
R
Ellzey, Jake
Texas · Mar 29, 2024
R
Crenshaw, Dan
Texas · Mar 26, 2024
R
Nunn, Zachary
Iowa · Mar 26, 2024
Duarte, John
· Mar 22, 2024
R
Latta, Robert E.
Ohio · Mar 22, 2024
Lamborn, Doug
· Mar 21, 2024
R
Kelly, Mike
Pennsylvania · Mar 19, 2024
R
Bergman, Jack
Michigan · Mar 15, 2024
Burgess, Michael
· Mar 15, 2024
R
Collins, Mike
Georgia · Mar 15, 2024
R
Tiffany, Thomas P.
Wisconsin · Mar 15, 2024
R
Van Duyne, Beth
Texas · Mar 15, 2024
R
Lucas, Frank D.
Oklahoma · Mar 12, 2024
R
Mann, Tracey
Kansas · Mar 12, 2024
R
Gonzales, Tony
Texas · Mar 11, 2024
Rodgers, Cathy
· Mar 11, 2024
Armstrong, Kelly
· Mar 5, 2024
Good, Bob
· Mar 5, 2024
R
Waltz, Michael
Florida · Mar 5, 2024
R
Feenstra, Randy
Iowa · Mar 1, 2024
R
Lee, Laurel M.
Florida · Mar 1, 2024
R
Clyde, Andrew S.
Georgia · Feb 29, 2024
Granger, Kay
· Feb 29, 2024
R
Johnson, Dusty
South Dakota · Feb 29, 2024
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Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5403: CBDC Anti-Surveillance State Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-5403/
MLA
"H.R. 5403: CBDC Anti-Surveillance State Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-5403/.
Bluebook (legal)
H.R. 5403, 118th Cong. (2026), https://openamerica.io/bill/118-HR-5403/.
Markdown link
[H.R. 5403: CBDC Anti-Surveillance State Act](https://openamerica.io/bill/118-HR-5403/)
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