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Legislations.
United States (federal)United States (federal)LawLawS. 1582

GENIUS Act

Creates a federal regulatory framework for payment stablecoins, including issuer licensing, one to one reserve backing and disclosure requirements.

Where it stands

EnactedIntroducedCommitteeFloorLawEnacted

Became Public Law 119-27Jul 18, 20251 year ago

Body
U.S. Congress
Session
119th Congress
Introduced
May 1, 2025
Votes
Senate cloture on motion to proceed 48-49 (not invoked); Senate 68-30; House 308-122
Sponsors
R (Republican)Republican
Crypto
Official page Source: GovInfo Bill Status (Library of Congress data behind congress.gov)

Timeline

  1. Jul 18, 2025 1 year ago

    Became Public Law No: 119-27.

  2. Jul 18, 2025 1 year ago

    Signed by President.

  3. Jul 17, 2025 1 year ago

    Presented to President.

  4. Jul 17, 2025 1 year ago

    On passage Passed by the Yeas and Nays: 308 - 122.

  5. Jun 17, 2025 1 year ago

    Passed Senate with an amendment by Yea-Nay Vote. 68 - 30.

  6. May 8, 2025 1 year ago

    Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 48 - 49.

  7. May 1, 2025 1 year ago

    Introduced in Senate

Sponsors

  • R (Republican)Bill Hagerty
  • R (Republican)Cynthia Lummis