[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"current-user-roles":3,"user-subscription":3,"bill:119-s-1405":4},null,{"bill":5,"indexable":105,"summaries":106,"cosponsors":112,"cosponsorSlugs":118,"actions":120,"amendments":133,"amendmentSponsorSlugs":134,"linkages":135,"sponsorSlug":136},{"statusDate":6,"sponsor":7,"updateDate":15,"cboCostEstimates":16,"originChamber":17,"congress":18,"isByRequest":19,"title":20,"createdAt":21,"committeeReports":22,"cosponsorCount":23,"onBehalfOfSponsor":3,"adminOverride":3,"amendmentCount":24,"actionCount":25,"popularTitle":3,"laws":3,"billType":26,"subjects":27,"introducedDate":6,"committees":28,"congressGovUrl":29,"constitutionalAuthority":3,"policyArea":30,"deletedAt":3,"latestAction":31,"billNumber":33,"cosponsorCountIncludingWithdrawn":23,"status":34,"shortTitle":20,"officialTitle":35,"keyMilestoneCount":23,"updatedAt":36,"policyAreaLower":37,"searchTokens":38,"committeeCodes":104},"2025-04-10",{"firstName":8,"lastName":9,"fullName":10,"middleName":11,"state":12,"party":13,"bioguideId":14},"Thomas","Tillis","Sen. Tillis, Thomas [R-NC]","Roland","NC","R","T000476","2026-03-05T20:22:24Z",[],"Senate",119,false,"PROOF Act","2026-05-11T16:14:13.011Z",[],1,0,2,"s",[],[],"https:\u002F\u002Fwww.congress.gov\u002Fbill\u002F119th-congress\u002Fsenate-bill\u002F1405","Finance and Financial Sector",{"date":6,"text":32},"Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.",1405,"in_committee","A bill to impose requirements on digital exchanges, and for other purposes.","2026-05-22T17:45:44.577Z","finance and financial sector",[39,40,41,42,43,44,45,46,47,48,49,50,51,52,53,54,55,56,57,58,59,60,61,62,63,64,65,66,67,68,69,70,71,72,73,74,75,76,77,78,79,80,81,82,83,84,85,86,87,88,89,90,91,92,93,94,95,96,97,98,99,100,101,102,103],"proof","pr","pro","proo","act","bill","bi","bil","to","impose","im","imp","impo","impos","requirements","re","req","requ","requi","requir","require","requirem","requireme","requiremen","requirement","on","digital","di","dig","digi","digit","digita","exchanges","ex","exc","exch","excha","exchan","exchang","exchange","and","for","other","ot","oth","othe","purposes","pu","pur","purp","purpo","purpos","purpose","sen","tillis","ti","til","till","tilli","thomas","th","tho","thom","thoma","nc",[],true,[107],{"versionCode":108,"actionDate":6,"actionDesc":109,"text":110,"updateDate":111},"00","Introduced in Senate","\u003Cp>\u003Cstrong>Proving Reserves Of Others’ Funds Act or the PROOF Act\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>This bill requires digital exchanges to protect customer funds and provide proof of reserves.\u003C\u002Fp>\u003Cp>Specifically, digital exchanges must minimize (1) customer risk of asset loss, and (2) delays experienced by a customer when accessing assets. With some exceptions, a customer’s assets must be separated from any other assets and may not be used to margin, secure, or guarantee a trade or account of a person other than the customer.\u003C\u002Fp>\u003Cp>Further, digital exchanges and digital custodians must report on their proof of reserves through an attestation from an independent auditing firm or a disinterested third party. The Office of Domestic Finance in the Department of the Treasury must make these attestations publicly available.\u003C\u002Fp>\u003Cp>The bill also provides for the creation of an industry standard for the attestations.\u003C\u002Fp>\u003Cp>Violations are subject to civil penalties.\u003C\u002Fp>","2026-03-05T20:18:45Z",[113],{"bioguideId":114,"fullName":115,"party":116,"state":117,"sponsorshipDate":6,"isOriginalCosponsor":105,"withdrawn":19,"sponsorshipWithdrawnDate":3},"H000273","Sen. Hickenlooper, John W. [D-CO]","D","CO",{"H000273":119},"john-w-hickenlooper",[121,128],{"actionDate":6,"actionDateTime":3,"text":32,"type":122,"actionCode":3,"sourceSystem":123,"committees":124,"recordedVotes":3,"calendarNumber":3,"sequenceIndex":24,"isKeyMilestone":19},"IntroReferral",{"name":17},[125],{"name":126,"systemCode":127},"Banking, Housing, and Urban Affairs Committee","ssbk00",{"actionDate":6,"actionDateTime":3,"text":109,"type":122,"actionCode":129,"sourceSystem":130,"committees":3,"recordedVotes":3,"calendarNumber":3,"sequenceIndex":23,"isKeyMilestone":105},"10000",{"code":131,"name":132},9,"Library of Congress",[],{},[],"thomas-tillis"]