[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"current-user-roles":3,"user-subscription":3,"bill:119-hr-2392":4},null,{"bill":5,"indexable":121,"summaries":122,"cosponsors":128,"cosponsorSlugs":212,"actions":230,"amendments":285,"amendmentSponsorSlugs":286,"linkages":287,"sponsorSlug":288},{"statusDate":6,"sponsor":7,"updateDate":15,"cboCostEstimates":16,"originChamber":17,"congress":18,"isByRequest":19,"title":20,"createdAt":21,"committeeReports":22,"cosponsorCount":26,"onBehalfOfSponsor":3,"adminOverride":3,"amendmentCount":27,"actionCount":28,"popularTitle":3,"laws":3,"billType":29,"introducedDate":30,"committees":31,"congressGovUrl":32,"constitutionalAuthority":33,"policyArea":34,"deletedAt":3,"latestAction":35,"billNumber":37,"cosponsorCountIncludingWithdrawn":26,"status":38,"shortTitle":20,"officialTitle":39,"keyMilestoneCount":40,"subjects":41,"updatedAt":57,"policyAreaLower":58,"searchTokens":59,"committeeCodes":120},"2025-05-06",{"firstName":8,"lastName":9,"district":10,"fullName":11,"state":12,"party":13,"bioguideId":14},"Bryan","Steil","1","Rep. Steil, Bryan [R-WI-1]","WI","R","S001213","2025-10-09T03:26:14Z",[],"House",119,false,"STABLE Act of 2025","2026-05-11T18:13:59.029Z",[23],{"citation":24,"url":25},"H. Rept. 119-94","https:\u002F\u002Fapi.congress.gov\u002Fv3\u002Fcommittee-report\u002F119\u002FHRPT\u002F94?format=json",17,0,8,"hr","2025-03-26",[],"https:\u002F\u002Fwww.congress.gov\u002Fbill\u002F119th-congress\u002Fhouse-bill\u002F2392","\u003Cpre>\n[Congressional Record Volume 171, Number 55 (Wednesday, March 26, 2025)]\n[House]\nFrom the Congressional Record Online through the Government Publishing Office [\u003Ca href=\"https:\u002F\u002Fwww.gpo.gov\">www.gpo.gov\u003C\u002Fa>]\nBy Mr. STEIL:\nH.R. 2392.\nCongress has the power to enact this legislation pursuant\nto the following:\nArticle I, Section 8, Clause 18:\nTo make all Laws which shall be necessary and proper for\ncarrying into Execution the foregoing Powers, and all other\nPowers vested by this Constitution in the Government of the\nUnited States, or in any Department or Officer thereof.\n[Page H1303]\n\u003C\u002Fpre>","Finance and Financial Sector",{"date":6,"text":36},"Placed on the Union Calendar, Calendar No. 68.",2392,"reported","To provide for the regulation of payment stablecoins, and for other purposes.",2,[42,43,44,45,46,47,48,49,50,51,52,53,54,55,56],"Bank accounts, deposits, capital","Banking and financial institutions regulation","Civil actions and liability","Computer security and identity theft","Computers and information technology","Congressional oversight","Consumer affairs","Currency","Digital media","Financial services and investments","Fraud offenses and financial crimes","Government studies and investigations","Judicial procedure and administration","Securities","State and local government operations","2026-05-22T19:47:00.992Z","finance and financial sector",[60,61,62,63,64,65,66,67,68,69,70,71,72,73,74,75,76,77,78,79,80,81,82,83,84,85,86,87,88,89,90,91,92,93,94,95,96,97,98,99,100,101,102,103,104,105,106,107,108,109,110,111,112,113,114,115,116,117,118,119],"stable","st","sta","stab","stabl","act","of","2025","20","202","to","provide","pr","pro","prov","provi","provid","for","the","regulation","re","reg","regu","regul","regula","regulat","regulati","regulatio","payment","pa","pay","paym","payme","paymen","stablecoins","stablec","stableco","stablecoi","stablecoin","and","other","ot","oth","othe","purposes","pu","pur","purp","purpo","purpos","purpose","rep","steil","ste","stei","bryan","br","bry","brya","wi",[],true,[123],{"versionCode":124,"actionDate":30,"actionDesc":125,"text":126,"updateDate":127},"00","Introduced in House","\u003Cp>\u003Cstrong>Stablecoin Transparency and Accountability for a Better Ledger Economy Act of 2025 or the STABLE Act of 2025\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>This bill establishes a regulatory framework for payment stablecoins (digital assets which an issuer must redeem for a fixed value).\u003C\u002Fp>\u003Cp>Under the bill, only permitted issuers may issue a payment stablecoin in the United States, subject to certain exceptions. Permitted issuers must be a subsidiary of an insured depository institution, a federal-qualified nonbank payment stablecoin issuer, or a state-qualified payment stablecoin issuer. Permitted issuers must be regulated by the appropriate federal or state regulator. A state regulator must certify that the state regulatory regime meets or exceeds federal requirements as established by the bill. \u003C\u002Fp>\u003Cp>Permitted issuers must maintain reserves backing the stablecoin on a one-to-one basis using U.S. currency or other similarly liquid assets, as specified. Permitted issuers must also publicly disclose their redemption policy and publish monthly the details of their reserves.\u003C\u002Fp>\u003Cp>The bill specifies requirements for (1) reusing reserves; (2) providing safekeeping services for stablecoins; and (3) supervisory, examination, and enforcement authority over federal-qualified issuers.\u003C\u002Fp>\u003Cp>The bill places a two-year moratorium on new endogenously collateralized stablecoins (i.e., stablecoins that rely on the value of another digital asset created or maintained by the same originator to maintain the fixed price).\u003C\u002Fp>\u003Cp>Under the bill, permitted payment stablecoins are not considered securities under securities law. However, permitted issuers are subject to the Bank Secrecy Act for anti-money laundering and related purposes.\u003C\u002Fp>","2025-09-05T15:11:28Z",[129,136,142,147,153,157,163,168,172,177,182,187,192,196,199,204,208],{"bioguideId":130,"fullName":131,"party":132,"state":133,"district":134,"sponsorshipDate":135,"isOriginalCosponsor":19,"withdrawn":19,"sponsorshipWithdrawnDate":3},"T000488","Rep. Thanedar, Shri [D-MI-13]","D","MI","13","2025-04-28",{"bioguideId":137,"fullName":138,"party":13,"state":139,"district":140,"sponsorshipDate":141,"isOriginalCosponsor":19,"withdrawn":19,"sponsorshipWithdrawnDate":3},"R000612","Rep. Rose, John W. [R-TN-6]","TN","6","2025-04-01",{"bioguideId":143,"fullName":144,"party":13,"state":145,"district":146,"sponsorshipDate":141,"isOriginalCosponsor":19,"withdrawn":19,"sponsorshipWithdrawnDate":3},"S001188","Rep. Stutzman, Marlin A. 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