H.R. 1602 · 117th Congress · House

Eliminate Barriers to Innovation Act of 2021

In Congress· Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced
Mar 8, 21
Passed House
Apr 20, 21
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Eliminate Barriers to Innovation Act of 2021

This bill requires the Securities and Exchange Commission and the Commodity Futures Trading Commission to jointly establish a working group on digital assets. The working group must (1) report on the impact of the U.S. legal and regulatory framework on the digital asset market; and (2) provide recommendations regarding digital asset market fairness and integrity, cybersecurity standards, and the reduction of fraud and manipulation.

Previous Versions

00Mar 8, 2021

Eliminate Barriers to Innovation Act of 2021

This bill requires the Securities and Exchange Commission and the Commodity Futures Trading Commission to jointly establish a working group on digital assets. The working group must (1) report on the impact of the U.S. legal and regulatory framework on the digital asset market; and (2) provide recommendations regarding digital asset market fairness and integrity, cybersecurity standards, and the reduction of fraud and manipulation.

Action Timeline

13
  1. APR 22, 2021IntroReferral

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

  2. APR 20, 2021Floor

    Pursuant to the provisions of H

    Res. 330, proceedings on H.R. 1602 are considered vacated.

  3. APR 20, 2021Floor

    Passed/agreed to in House

    Pursuant to section 6 of H. Res. 330, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 367; H.R. 370; H.R. 396; H.R. 397, as amended; H.R. 408; H.R. 490; H.R. 965, as amended; H.R. 1251, as amended; H.R. 1395; H.R. 1491; H.R. 1528; H.R. 1532; H.R. 1565; H.R. 1602; and H.R. 2523, as amended; and the following resolution was agreed to under suspension of the rules: H. Res. 124, as amended.(consideration: CR H1979-1994; text: CR H1990)

    1979Yea
    1994Nay
    0NV
  4. APR 20, 2021Floor

    Pursuant to section 6 of H

    Res. 330, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 367; H.R. 370; H.R. 396; H.R. 397, as amended; H.R. 408; H.R. 490; H.R. 965, as amended; H.R. 1251, as amended; H.R. 1395; H.R. 1491; H.R. 1528; H.R. 1532; H.R. 1565; H.R. 1602; and H.R. 2523, as amended; and the following resolution was agreed to under suspension of the rules: H. Res. 124, as amended. (consideration: CR H1979-1994; text: CR H1990)

    1979Yea
    1994Nay
    0NV
  5. APR 19, 2021Floor

    Mr

    Perlmutter moved to suspend the rules and pass the bill.

  6. APR 19, 2021Floor

    Considered under suspension of the rules. (consideration

    CR H1924-1927; text: CR H1924)

    1924Yea
    1927Nay
    0NV
  7. APR 19, 2021Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 1602.

  8. APR 19, 2021Floor

    At the conclusion of debate, the Yeas and Nays were demanded and ordered

    Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

  9. APR 08, 2021Committee

    Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

  10. MAR 08, 2021IntroReferral

    Introduced in House

  11. MAR 08, 2021IntroReferral

    Introduced in House

  12. MAR 08, 2021IntroReferral

    Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  13. MAR 08, 2021IntroReferral

    Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Committees

4

Banking, Housing, and Urban Affairs Committee

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Referred: Apr 22, 2021

Active

Commodity Markets, Digital Assets, and Rural Development Subcommittee

hsag22

Referred: Apr 8, 2021

Active

Agriculture Committee

hsag00

Referred: Mar 8, 2021

Active

Financial Services Committee

hsba00

Referred: Mar 8, 2021

Active