H.R. 5403
118th Congress
House
CBDC Anti-Surveillance State Act
Official title: To amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, to prohibit the us… Show full official titleShow less
Official title: To amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes.
Finance and Financial Sector
Bank accounts, deposits, capitalComputers and information technologyCurrencyDigital mediaFinancial services and investments
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
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 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 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
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| May 23, 2024 | House · vote #230 | On Passage | Passed | 216–192 | See who voted → |
Amendments to this bill
3
Amendments propose changes to this bill. Members vote on amendments separately before the final bill vote. An agreed amendment becomes part of the bill; a failed amendment does not.
3 agreed to
| Amendment | Sponsor | Status |
|---|---|---|
| HAMDT 926 | Davidson, Warren | Agreed to |
| HAMDT 925 | – | Agreed to |
| HAMDT 924 | Ogles, Andrew | Agreed to |
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Latest action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Plain-English summary
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.
Related & companion bills
1
Bill text
4 versions
- Engrossed in House Formatted Text PDF Formatted XML
- Introduced in House Formatted Text PDF Formatted XML
- Referred in Senate Formatted Text PDF Formatted XML
- Reported in House Formatted Text PDF Formatted XML
Committees of jurisdiction
2
Cosponsors
165
R
Diaz-Balart, Mario
R
McCaul, Michael T.
R
Roy, Chip
R
McClintock, Tom
R
Maloy, Celeste
Pence, Greg
R
Carey, Mike
R
McCormick, Richard
R
Wittman, Robert J.
R
Aderholt, Robert B.
R
Balderson, Troy
R
Gimenez, Carlos A.
R
Higgins, Clay
R
Hinson, Ashley
R
Mast, Brian J.
R
Miller-Meeks, Mariannette
R
Perry, Scott
R
Zinke, Ryan K.
R
Van Orden, Derrick
R
Arrington, Jodey C.
R
Issa, Darrell
R
Owens, Burgess
R
Stauber, Pete
R
Womack, Steve
R
Hudson, Richard
R
McClain, Lisa C.
R
Ellzey, Jake
R
Crenshaw, Dan
R
Nunn, Zachary
Duarte, John
R
Latta, Robert E.
Lamborn, Doug
R
Kelly, Mike
R
Bergman, Jack
Burgess, Michael
R
Collins, Mike
R
Tiffany, Thomas P.
R
Van Duyne, Beth
R
Lucas, Frank D.
R
Mann, Tracey
R
Gonzales, Tony
Rodgers, Cathy
Armstrong, Kelly
Good, Bob
R
Waltz, Michael
R
Feenstra, Randy
R
Lee, Laurel M.
R
Clyde, Andrew S.
Granger, Kay
R
Johnson, Dusty
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Cite this page
U.S. Congress. (2026). H.R. 5403: CBDC Anti-Surveillance State Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-5403/
"H.R. 5403: CBDC Anti-Surveillance State Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-5403/.
H.R. 5403, 118th Cong. (2026), https://openamerica.io/bill/118-HR-5403/.
[H.R. 5403: CBDC Anti-Surveillance State Act](https://openamerica.io/bill/118-HR-5403/)