What the document says“Section 13104(a)(3) of title 5, United States Code, is amended, in the first sentence, by striking ", or any deposits" and inserting ", any payment stablecoins issued by a permitted payment stablecoin issuer aggregating $5,000 or less held, or any deposits".”
The whole section. The amendment strikes four words from the first sentence of section 13104(a)(3) of title 5, United States Code, and inserts a longer phrase naming payment stablecoins issued by a permitted payment stablecoin issuer aggregating $5,000 or less held. What that provision of title 5 requires is not recorded here, because title 5 is not indexed on this site.
What the document actually says“Section 13104(a)(3) of title 5, United States Code, is amended, in the first sentence, by striking ", or any deposits" and inserting ", any payment stablecoins issued by a permitted payment stablecoin issuer aggregating $5,000 or less held, or any deposits".”
This changes one line in a law on money reports. It adds these coins to that line. It names holdings of five thousand dollars or less.
The line sits in a law on what officials must report. That law is not part of this site. So what the line asks for is not recorded here.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.