US Federal 2023-2024 Regular Session

US Federal House Bill HR1243

Caption

Providing for consideration of the bill (H.R. 4763) to provide for a system of regulation of digital assets by the Commodity Futures Trading Commission and the Securities and Exchange Commission, and for other purposes; providing for consideration of the bill (H.R. 5403) 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; and providing for consideration of the bill (H.R. 192) to prohibit individuals who are not citizens of the United States from voting in elections in the District of Columbia.

Impact

The potential impact of HR1243 on state laws could be significant, particularly on financial regulations concerning digital assets and practices related to monetary policy. By establishing a regulatory framework for digital assets, the proposed bill could transform existing financial landscapes and influence how financial institutions operate within the state. The voting rights aspect could further incite legal challenges and lead to broader implications for electoral processes in the District of Columbia, reflecting ongoing debates around citizenship and voting eligibility. If enacted, it may also set precedents for future legislation concerning both digital finance and electoral regulations.

Summary

House Resolution 1243 addresses the consideration of several key bills focusing on the regulation of digital assets and voting rights within the District of Columbia. Specifically, it sets forth procedures for the consideration of H.R. 4763, which aims to provide a framework for regulating digital assets under the jurisdiction of the Commodity Futures Trading Commission and the Securities and Exchange Commission. It also includes provisions for H.R. 5403, which proposes amendments to the Federal Reserve Act that would restrict certain financial services and prohibit the use of central bank digital currency for monetary policy purposes. Furthermore, the resolution facilitates the consideration of H.R. 192, which seeks to prohibit non-citizens from voting in elections held in D.C.

Sentiment

The sentiment surrounding HR1243 appears to be divided. On one hand, supporters of the bill view it as a necessary modernization of financial regulations that respond to the evolving landscape of digital assets. Proponents argue that it ensures adequate oversight by relevant regulatory bodies, promoting a safer financial environment. Conversely, opponents criticize aspects of the bill that may undermine voting rights and hamper individual freedoms, particularly in D.C., where the issue of non-citizen voting has sparked intense debate. The discussions reflect broader ideological divides regarding federal governance and local autonomy.

Contention

Notable points of contention include the balance between effective regulation of emerging financial technologies and the potential overreach of federal authority into state and local governance matters. The proposed amendments to the Federal Reserve Act, limiting its ability to provide certain financial services, highlight concerns about the centralization of financial power. Additionally, the prohibition of non-citizen voting raises fundamental questions about electoral rights and representation, further complicating discussions about the future of democracy in the nation. As the bill progresses, these tensions may intensify, reflecting broader societal debates on governance and economic control.

Companion Bills

US HB192

Related This bill prohibits an individual who is not a U.S. citizen from voting in any elections in the District of Columbia (DC). Federal law bars noncitizens from voting in federal elections; however, the DC Council passed a bill on October 18, 2022, that allows noncitizens who meet residency and other requirements to vote in local elections.

US HB4763

Related Financial Innovation and Technology for the 21st Century Act

US HB5403

Related CBDC Anti-Surveillance State Act

Previously Filed As

US HR580

Providing for consideration of the bill (H.R. 4016) making appropriations for the Department of Defense for the fiscal year ending September 30, 2026, and for other purposes; providing for consideration of the bill (H.R. 3633) to provide for a system of regulation of the offer and sale of digital commodities by the Securities and Exchange Commission and the Commodity Futures Trading Commission, and for other purposes; providing for consideration of the bill (H.R. 1919) 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; providing for consideration of the bill (S. 1582) to provide for the regulation of payment stablecoins, and for other purposes; and waiving a requirement of clause 6(a) of rule XIII with respect to consideration of certain resolutions reported from the Committee on Rules.

US HR489

Providing for consideration of the bill (H.R. 884) to prohibit individuals who are not citizens of the United States from voting in elections in the District of Columbia and to repeal the Local Resident Voting Rights Amendment Act of 2022; providing for consideration of the bill (H.R. 2056) to require the District of Columbia to comply with federal immigration laws; providing for consideration of the bill (H.R. 2096) to restore the right to negotiate matters pertaining to the discipline of law enforcement officers of the District of Columbia through collective bargaining, to restore the statute of limitations for bringing disciplinary cases against members or civilian employees of the Metropolitan Police Department of the District of Columbia, and for other purposes; and providing for consideration of the bill (S. 331) to amend the Controlled Substances Act with respect to the scheduling of fentanyl-related substances, and for other purposes.

US HR707

Providing for consideration of the bill (H.R. 4922) to limit youth offender status in the District of Columbia to individuals 18 years of age or younger, to direct the Attorney General of the District of Columbia to establish and operate a publicly accessible website containing updated statistics on juvenile crime in the District of Columbia, to amend the District of Columbia Home Rule Act to prohibit the Council of the District of Columbia from enacting changes to existing criminal liability sentences, and for other purposes; providing for consideration of the bill (H.R. 5143) to establish standards for law enforcement officers in the District of Columbia to engage in vehicular pursuits of suspects, and for other purposes; providing for consideration of the bill (H.R. 5140) to lower the age at which a minor may be tried as an adult for certain criminal offenses in the District of Columbia to 14 years of age; providing for consideration of the bill (H.R. 5125) to amend the District of Columbia Home Rule Act to terminate the District of Columbia Judicial Nomination Commission, and for other purposes; providing for consideration of the bill (H.R. 1047) to require the Federal Energy Regulatory Commission to reform the interconnection queue process for the prioritization and approval of certain projects, and for other purposes; providing for consideration of the bill (H.R. 3015) to reestablish the National Coal Council in the Department of Energy to provide advice and recommendations to the Secretary of Energy on matters related to coal and the coal industry, and for other purposes; providing for consideration of the bill (H.R. 3062) to establish a more uniform, transparent, and modern process to authorize the construction, connection, operation, and maintenance of international border-crossing facilities for the import and export of oil and natural gas and the transmission of electricity; and for other purposes.

US HR977

Providing for consideration of the bill (H.R. 4593) to amend the Energy Policy and Conservation Act to revise the definition of showerhead; providing for consideration of the bill (H.R. 5184) to prohibit the Secretary of Energy from enforcing energy efficiency standards applicable to manufactured housing, and for other purposes; and providing for consideration of the bill (H.R. 6938) making consolidated appropriations for the fiscal year ending September 30, 2026, and for other purposes.

US HR936

Providing for consideration of the bill (H.R. 3898) to amend the Federal Water Pollution Control Act to make targeted reforms with respect to waters of the United States and other matters, and for other purposes; providing for consideration of the bill (H.R. 3383) to amend the Investment Company Act of 1940 with respect to the authority of closed-end companies to invest in private funds; providing for consideration of the bill (H.R. 3638) to direct the Secretary of Energy to prepare periodic assessments and submit reports on the supply chain for the generation and transmission of electricity, and for other purposes; providing for consideration of the bill (H.R. 3628) to amend the Public Utility Regulatory Policies Act of 1978 to add a standard related to State consideration of reliable generation, and for other purposes; providing for consideration of the bill (H.R. 3668) to promote interagency coordination for reviewing certain authorizations under section 3 of the Natural Gas Act, and for other purposes; providing for consideration of the bill (S. 1071) to require the Secretary of Veterans Affairs to disinter the remains of Fernando V. Cota from Fort Sam Houston National Cemetery, Texas, and for other purposes; and for other purposes.

US HR916

Providing for consideration of the bill (H.R. 4312) to protect the name, image, and likeness rights of student athletes and to promote fair competition with respect to intercollegiate athletics, and for other purposes; providing for consideration of the bill (H.R. 1005) to prohibit elementary and secondary schools from accepting funds from or entering into contracts with the Government of the People's Republic of China and the Chinese Communist Party, and for other purposes; providing for consideration of the bill (H.R. 1049) to ensure that parents are aware of foreign influence in their child's public school, and for other purposes; providing for consideration of the bill (H.R. 1069) to prohibit the availability of Federal education funds for elementary and secondary schools that receive direct or indirect support from the Government of the People's Republic of China; providing for consideration of the bill (H.R. 2965) to require the Administrator of the Small Business Administration to ensure that the small business regulatory budget for a small business concern in a fiscal year is not greater than zero, and for other purposes; and providing for consideration of the bill (H.R. 4305) to direct the Chief Counsel for Advocacy of the Small Business Administration to establish a Red Tape Hotline to receive notifications of burdensome agency rules, and for other purposes.

US HR1131

Providing for consideration of the bill (H.R. 8029) making appropriations for the Department of Homeland Security for the fiscal year ending September 30, 2026, and for other purposes; providing for consideration of the resolution (H. Res. 1128) expressing the support of the House of Representatives for the Department of Homeland Security; providing for consideration of the bill (H.R. 5103) to establish a program to Beautify the District of Columbia and establish the District of Columbia Safe and Beautiful Commission; providing for consideration of the bill (H.R. 7084) to amend title 46, United States Code, with respect to the types of vessels that may enter or operate in navigable waters of the United States or transfer cargo in any port or place under the jurisdiction of the United States, and for other purposes; and for other purposes.

US HR211

Providing for consideration of the joint resolution (H.J. Res. 25) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales"; providing for consideration of the bill (H.R. 1156) to amend the CARES Act to extend the statute of limitations for fraud under certain unemployment programs, and for other purposes; providing for consideration of the bill (H.R. 1968) making further continuing appropriations and other extensions for the fiscal year ending September 30, 2025, and for other purposes; and for other purposes.

US HR951

Providing for consideration of the bill (H.R. 4776) to amend the National Environmental Policy Act of 1969 to clarify ambiguous provisions and facilitate a more efficient, effective, and timely environmental review process; providing for consideration of the bill (H.R. 1366) to provide for the location of multiple hardrock mining mill sites, to establish the Abandoned Hardrock Mine Fund, and for other purposes; providing for consideration of the bill (H.R. 845) to require the Secretary of the Interior to reissue regulations removing the gray wolf from the list of endangered and threatened wildlife under the Endangered Species Act of 1973; providing for consideration of the bill (H.R. 3616) to require the Federal Energy Regulatory Commission to review regulations that may affect the reliable operation of the bulk-power system; providing for consideration of the bill (H.R. 3632) to amend the Federal Power Act to adjust the requirements for orders, rules, and regulations relating to furnishing adequate service, to require owners or operators of generating facilities to provide notice of planned retirements of certain electric generating units, and for other purposes; and providing for consideration of the bill (H.R. 4371) to amend the William Wilberforce Trafficking Victims Protection Reauthorization Act of 2008 to enhance efforts to combat the trafficking of children.

US HR725

Providing for consideration of the bill (H.R. 1908) to prohibit stock trading and ownership by Members of Congress and their spouses and dependent children, and for other purposes.

Similar Bills

US HR198

Providing for the expenses of certain committees of the House of Representatives in the One Hundred Nineteenth Congress.

MN HC1

A house concurrent resolution relating to the regent nomination joint committee.

IL HR0020

HOUSE RULES-AMEND

NM HJM2

Combine Standing & Interim Committees

CA AB1350

Employment Development Department: policies and practices.

WI AR2

Establishing the assembly committee structure and names for the 2025-2026 legislative session.

MN HC2

A House concurrent resolution relating to the adjournment of the House of Representatives and Senate until 2026.

CA SB829

California Institute for Scientific Research: CalRx Initiative: vaccines.