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119th Congress · H.R. 3633 · Passed Origin

Lummis-Gillibrand Responsible Financial Innovation Act of 2026

of 2025 or the CLARITY Act of 2025 This bill establishes a regulatory framework for digital commodities, defined by the bill as digital assets that rely upon a blockchain for their value. The Commodity Futures Trading Commission must generally regulate digital commodities transactions, including digital commodity exchanges, brokers, and dealers. To qualify for trade on an exchange (1) a digital commodity’s blockchain must be mature, or on a blockchain system that has achieved decentralized control as defined by the bill; or (2) the issuer of the digital commodity must file certain reports. The bill establishes requirements for trade monitoring, recordkeeping, and the commingling of customer assets. The bill exempts digital commodities on mature blockchains (and digital commodities on blockchains expected to mature within certain timeframes) from Securities and Exchange Commission (SEC) registration requirements if annual sales fall under a certain amount and other requirements are met. The bill provides the SEC with jurisdiction over digital commodity activities and transactions engaged in by certain brokers and dealers on alternative trading systems and by national securities exchanges. Digital commodity exchanges, brokers, and dealers are subject to the Bank Secrecy Act for anti-money laundering and related purposes. The bill also sets forth requirements for alternative trading systems, previously issued digital commodities, and provisional registration until the bill is implemented. For more information on this bill, see CRS Insight IN12583, Crypto Legislation: An Overview of H.R. 3633, the CLARITY Act .

Full bill text →

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SubjectsAdvanced technology and technological innovationsBank accounts, deposits, capitalBanking and financial institutions regulationBusiness recordsComputer security and identity theftComputers and information technologyCurrencyData collection, sharing, protectionDigital mediaFinancial services and investmentsFraud offenses and financial crimesLicensing and registrationsSecurities

XML scalars

congress
119
type
HR
number
3633
originChamber
House
originChamberCode
H
introducedDate
2025-05-29
updateDate
2026-09-17T17:09:18Z
updateDateIncludingText
2026-09-17T17:09:18Z
title
Digital Asset Market Clarity Act
legislationUrl
https://www.congress.gov/bill/119th-congress/house-bill/3633

Constitutional authority statement (CDATA)

[Congressional Record Volume 171, Number 91 (Thursday, May 29, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HILL of Arkansas:H.R. 3633.Congress has the power to enact this legislation pursuantto the following:Regulations with an Effect on Interstate Commerce ArticleI, Section 8, clause 3 (Commerce Clause)[Page H2377]

Pipeline

Track
federal_presidential
Stage
Passed Chamber of Origin
Stage rank
2

Sponsor

  • Rep. Hill, J. French [R-AR-2] · [R-AR-2] · H001072
    Rep-AR-2 current · 6 terms · @RepFrenchHill · 2 district offices

Sponsor record (congress_legislators)

Bio (legislators)

bioguide
H001072
status
current
official_full
J. French Hill
first
J.
middle
French
last
Hill
suffix
null
nickname
null
birthday
1956-12-05
gender
M

Current term (6 total)

type
rep
state
AR
district
2
class
null
party
Republican
caucus
null
start
2025-01-03
end
2027-01-03
end_type
null
how
null
url
https://hill.house.gov
address
1533 Longworth House Office Building Washington DC 20515-0402
office
1533 Longworth House Office Building
phone
202-225-2506
fax
null
contact_form
null
rss_url
null

Leadership roles (0)

none

Committee memberships (4)

  • House Committee on Financial Services (house) · house · Chair · rank 1 · site
  • House Permanent Select Committee on Intelligence (house) · house · rank 7 · site
  • National Intelligence Enterprise (house) · house · rank 3
  • National Security Agency and Cyber (house) · house · rank 4

Social media

District offices (2)

  • 1501 N. University Ave., Suite 630, Little Rock, AR, 72207 · 501-324-5941 · fax 501-324-6029 · 34.76512630000001,-92.3397715
  • 900 Oak Street, Conway, AR, 72032 · 501-902-5733 · fax 501-324-6029 · 35.0919384,-92.4379742

Other names (0)

none

Sponsor FEC record (fec_live)

Candidate record (candidates) · cycle 2026

candidate_id
H4AR02141
cycle
2026
name
HILL, JAMES FRENCH
party
REPUBLICAN PARTY
office
House
state
AR
district
02
incumbent_challenge
Incumbent
candidate_status
C
active_through
2026
election_year
null
first_file_date
2013-10-29
last_file_date
2026-02-24
last_f2_date
2026-02-24
address
null

Candidate summary (candidate_summaries) · cycle 2026

cycle
2026
total_receipts
$4,421,509.93
total_disbursements
$2,830,320.69
cash_on_hand_end_period
$2,967,541.43
debts_owed_by_committee
$0.00
coverage_start_date
2025-01-01
coverage_end_date
2026-06-30

Connected committees (0)

none

Cosponsors (21)

  • Rep. Thompson, Glenn [R-PA-15] · [R-PA-15] · T000467 · Co-sponsored 2025-05-29 · original
    Rep-PA-15 current · 9 terms · @CongressmanGT · 2 district offices
  • Rep. Craig, Angie [D-MN-2] · [D-MN-2] · C001119 · Co-sponsored 2025-05-29 · original
    Dem-MN-2 current · 4 terms · @RepAngieCraig · 1 district office
  • Rep. Emmer, Tom [R-MN-6] · [R-MN-6] · E000294 · Co-sponsored 2025-05-29 · original
    Rep-MN-6 current · 6 terms · @RepTomEmmer · 2 district offices
  • Rep. Johnson, Dusty [R-SD-At Large] · [R-SD-0] · J000301 · Co-sponsored 2025-05-29 · original
    Rep-SD current · 4 terms · @RepDustyJohnson · 3 district offices
  • Rep. Davis, Donald G. [D-NC-1] · [D-NC-1] · D000230 · Co-sponsored 2025-05-29 · original
    Dem-NC-1 current · 2 terms · @RepDonDavis · 3 district offices
  • Rep. Steil, Bryan [R-WI-1] · [R-WI-1] · S001213 · Co-sponsored 2025-05-29 · original
    Rep-WI-1 current · 4 terms · @RepBryanSteil · 6 district offices
  • Rep. Torres, Ritchie [D-NY-15] · [D-NY-15] · T000486 · Co-sponsored 2025-05-29 · original
    Dem-NY-15 current · 3 terms · @RepRitchie · 1 district office
  • Rep. Davidson, Warren [R-OH-8] · [R-OH-8] · D000626 · Co-sponsored 2025-05-29 · original
    Rep-OH-8 current · 6 terms · @WarrenDavidson · 2 district offices
  • Rep. Gottheimer, Josh [D-NJ-5] · [D-NJ-5] · G000583 · Co-sponsored 2025-06-02
    Dem-NJ-5 current · 5 terms · @RepJoshG · 7 district offices
  • Rep. Huizenga, Bill [R-MI-4] · [R-MI-4] · H001058 · Co-sponsored 2025-06-05
    Rep-MI-4 current · 8 terms · @RepHuizenga · 2 district offices
  • Rep. Nunn, Zachary [R-IA-3] · [R-IA-3] · N000193 · Co-sponsored 2025-06-20
    Rep-IA-3 current · 2 terms · @ZachNunn · 3 district offices
  • Rep. Lawler, Michael [R-NY-17] · [R-NY-17] · L000599 · Co-sponsored 2025-06-20
    Rep-NY-17 current · 2 terms · @RepMikeLawler · 2 district offices
  • Rep. Meuser, Daniel [R-PA-9] · [R-PA-9] · M001204 · Co-sponsored 2025-06-20
    Rep-PA-9 current · 4 terms · @RepMeuser · 7 district offices
  • Rep. Carter, Earl L. "Buddy" [R-GA-1] · [R-GA-1] · C001103 · Co-sponsored 2025-06-20
    Rep-GA-1 current · 6 terms · @RepBuddyCarter · 2 district offices
  • Rep. Moore, Riley M. [R-WV-2] · [R-WV-2] · M001235 · Co-sponsored 2025-06-20
    Rep-WV-2 current · 1 term · @RepRileyMoore · 2 district offices
  • Rep. Begich, Nicholas J. [R-AK-At Large] · [R-AK-0] · B001323 · Co-sponsored 2025-06-20
    Rep-AK current · 1 term · @repnickbegich · 1 district office
  • Rep. McDonald Rivet, Kristen [D-MI-8] · [D-MI-8] · M001237 · Co-sponsored 2025-06-20
    Dem-MI-8 current · 1 term · @repkmr · 1 district office
  • Rep. Thanedar, Shri [D-MI-13] · [D-MI-13] · T000488 · Co-sponsored 2025-06-20
    Dem-MI-13 current · 2 terms · @RepShriThanedar · 1 district office
  • Rep. Messmer, Mark B. [R-IN-8] · [R-IN-8] · M001233 · Co-sponsored 2025-06-20
    Rep-IN-8 current · 1 term · 2 district offices
  • Rep. Bresnahan, Robert P. [R-PA-8] · [R-PA-8] · B001327 · Co-sponsored 2025-06-20
    Rep-PA-8 current · 1 term · @RepBresnahan · 4 district offices
  • Rep. Stevens, Haley M. [D-MI-11] · [D-MI-11] · S001215 · Co-sponsored 2025-06-23
    Dem-MI-11 current · 4 terms · @RepHaleyStevens · 1 district office

Committees (3)

  • Banking, Housing, and Urban Affairs Committee [Senate Standing]
    2026-06-01T22:09:36ZReported By
    2026-05-14T18:18:55ZMarkup By
    2025-09-18T19:20:08ZReferred To
  • Financial Services Committee [House Standing]
    2025-06-24T00:51:06ZReported By
    2025-06-10T17:12:00ZMarkup By
    2025-05-29T15:07:05ZReferred To
  • Agriculture Committee [House Standing]
    2025-06-24T00:50:46ZReported By
    2025-06-10T17:05:41ZMarkup By
    2025-05-29T15:07:10ZReferred To

Actions — from XML (32)

  • 2026-09-15Floorvia Senate
    Motion by Senator Tillis to reconsider the vote by which cloture on the motion to proceed to the measure was not invoked (Record Vote No. 234) entered in Senate.
  • 2026-09-15Floorvia Senate
    Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 49 - 50. Record Vote Number: 234. (CR S4706)
    VoteSenate roll 234 — source
  • 2026-08-08Floorvia Senate
    Cloture motion on the motion to proceed to the measure presented in Senate. (CR S4557)
  • 2026-08-08Floorvia Senate
    Motion to proceed to consideration of measure made in Senate. (CR S4557)
  • 2026-06-01Calendarsvia Senate
    Placed on Senate Legislative Calendar under General Orders. Calendar No. 423.
  • 2026-06-01Committeevia Senate
    Committee on Banking, Housing, and Urban Affairs. Reported by Senator Scott SC, with an amendment in the nature of a substitute. Without written report.
  • 2026-06-01Committee14000via Library of Congress
    Committee on Banking, Housing, and Urban Affairs. Reported by Senator Scott SC, with an amendment in the nature of a substitute. Without written report.
  • 2026-05-14Committeevia Senate
    Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
  • 2025-09-18IntroReferralvia Senate
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 2025-07-17 15:30:33FloorH38310via House floor actions
    Motion to reconsider laid on the table Agreed to without objection.
  • 2025-07-17 15:30:31FloorH37100via House floor actions
    On passage Passed by the Yeas and Nays: 294 - 134 (Roll no. 199). (text of amendment in the nature of a substitute: CR H3373-3397)
    VoteHouse roll 199 — source
  • 2025-07-17 15:30:31Floor8000via Library of Congress
    Passed/agreed to in House: On passage Passed by the Yeas and Nays: 294 - 134 (Roll no. 199).
    VoteHouse roll 199 — source
  • 2025-07-17 14:49:15FloorH30000via House floor actions
    Considered as unfinished business. (consideration: CR H3449)
  • 2025-07-17 10:35:07FloorH8D000via House floor actions
    POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 3633, the Chair put the question on passage of the bill and by voice vote, announced that the ayes had prevailed. Ms. Craig demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
  • 2025-07-17 10:34:41FloorH35000via House floor actions
    The previous question was ordered pursuant to the rule.
  • 2025-07-17 09:24:25FloorH8D000via House floor actions
    DEBATE - The House proceeded with one hour of debate on H.R. 3633.
  • 2025-07-17 09:22:50FloorH8D000via House floor actions
    Rule provides for consideration of H.R. 4016, H.R. 3633, H.R. 1919 and S. 1582. The resolution provides for consideration of H.R. 4016 and H.R. 3633 under a structured rule, and H.R. 1919 and S. 1582 under a closed rule, with one hour of general debate on each bill. The resolution provides for a motion to recommit on H.R. 4016, H.R. 3633, and H.R. 1919, and a motion to commit on S. 1582.
  • 2025-07-17 09:22:45FloorH30000via House floor actions
    Considered under the provisions of rule H. Res. 580. (consideration: CR H3373)
  • 2025-07-15 09:34:09FloorH1L210via House floor actions
    Rules Committee Resolution H. Res. 580 Reported to House. Rule provides for consideration of H.R. 4016, H.R. 3633, H.R. 1919 and S. 1582. The resolution provides for consideration of H.R. 4016 and H.R. 3633 under a structured rule, and H.R. 1919 and S. 1582 under a closed rule, with one hour of general debate on each bill. The resolution provides for a motion to recommit on H.R. 4016, H.R. 3633, and H.R. 1919, and a motion to commit on S. 1582.
  • 2025-06-23CalendarsH12410via House floor actions
    Placed on the Union Calendar, Calendar No. 134.
  • 2025-06-23CommitteeH12200via House floor actions
    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-168, Part II.
  • 2025-06-23Committee5000via Library of Congress
    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-168, Part II.
  • 2025-06-23CommitteeH12200via House floor actions
    Reported (Amended) by the Committee on Agriculture. H. Rept. 119-168, Part I.
  • 2025-06-23Committee5000via Library of Congress
    Reported (Amended) by the Committee on Agriculture. H. Rept. 119-168, Part I.
  • 2025-06-10Committeevia House committee actions
    Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 19.
  • 2025-06-10Committeevia House committee actions
    Committee Consideration and Mark-up Session Held
  • 2025-06-10Committeevia House committee actions
    Ordered to be Reported (Amended) by the Yeas and Nays: 47 - 6.
  • 2025-06-10Committeevia House committee actions
    Committee Consideration and Mark-up Session Held
  • 2025-05-29IntroReferralH11100via House floor actions
    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.
  • 2025-05-29IntroReferralH11100via House floor actions
    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.
  • 2025-05-29IntroReferralIntro-Hvia Library of Congress
    Introduced in House
  • 2025-05-29IntroReferral1000via Library of Congress
    Introduced in House

Actions — from bill_actions table (0)

none

Titles

  • Short Title(s) as Reported to Senate for portions of this billRSS2026-06-03T05:08:25Z
    Lummis-Gillibrand Responsible Financial Innovation Act of 2026
  • Display Title2026-06-03T05:08:25Z
    Digital Asset Market Clarity Act
  • Short Title(s) as Reported to SenateRSS2026-06-03T05:08:25Z
    Digital Asset Market Clarity Act
  • Official Titles as Amended by HouseH2025-09-23T15:31:56Z
    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, 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.
  • Official Title from EH (Engrossed in House) bill textEHH2025-09-22T17:38:16Z
    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, 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.
  • Short Titles from RFS (Referred to Senate) bill textRFSS2025-09-20T06:08:14Z
    Anti-CBDC Surveillance State Act
  • Short Titles from RFS (Referred to Senate) bill textRFSS2025-09-20T06:08:14Z
    CLARITY Act of 2025
  • Short Titles from RFS (Referred to Senate) bill textRFSS2025-09-20T06:08:14Z
    Digital Asset Market Clarity Act of 2025
  • Short Title(s) as Passed HouseEHH2025-07-22T04:23:23Z
    Digital Asset Market Clarity Act of 2025
  • Short Title(s) as Reported to HouseRHH2025-06-24T07:38:19Z
    Digital Asset Market Clarity Act of 2025
  • Short Title(s) as IntroducedIH2025-06-03T04:23:20Z
    Digital Asset Market Clarity Act of 2025
  • Official Title as IntroducedIH2025-06-03T04:18:31Z
    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.

Text versions (from XML)

Versions — from bill_versions table (0)

none

Policy area

Finance and Financial Sector

Summaries

00 · 2025-05-29 · Introduced in House

Digital Asset Market Clarity Act of 2025 or the CLARITY Act of 2025

This bill establishes a regulatory framework for digital commodities, defined by the bill as digital assets that rely upon a blockchain for their value.

The Commodity Futures Trading Commission must generally regulate digital commodities transactions, including digital commodity exchanges, brokers, and dealers. To qualify for trade on an exchange (1) a digital commodity’s blockchain must be mature, or on a blockchain system that has achieved decentralized control as defined by the bill; or (2) the issuer of the digital commodity must file certain reports. The bill establishes requirements for trade monitoring, recordkeeping, and the commingling of customer assets.  

The bill exempts digital commodities on mature blockchains (and digital commodities on blockchains expected to mature within certain timeframes) from Securities and Exchange Commission (SEC) registration requirements if annual sales fall under a certain amount and other requirements are met. The bill provides the SEC with jurisdiction over digital commodity activities and transactions engaged in by certain brokers and dealers on alternative trading systems and by national securities exchanges. 

Digital commodity exchanges, brokers, and dealers are subject to the Bank Secrecy Act for anti-money laundering and related purposes.

The bill also sets forth requirements for alternative trading systems, previously issued digital commodities, and provisional registration until the bill is implemented.  

For more information on this bill, see CRS Insight IN12583, Crypto Legislation: An Overview of H.R. 3633, the CLARITY Act.

Related bills

  • HRES 707 (119) 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.
    Latest: 2026-03-25 — Pursuant to the provisions of H.Res. 1131, H.Res. 707 is amended.
    Relationship: Related bill (via House)
  • HR 3690 (119) Securing Innovation in Financial Regulation Act
    Latest: 2025-06-03 — 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.
    Relationship: Related bill (via CRS)
  • HRES 580 (119) 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.
    Latest: 2025-07-16 — On agreeing to the resolution Agreed to by recorded vote: 217 - 212 (Roll no. 198).
    Relationship: Related bill (via House), Procedurally related (via House)

Amendments (3)

  • SAMDT 6772 (119)
    Submitted 2026-09-15T04:00:00Z
    Chamber: Senate
    Amends: HR 3633 (119)
    Sponsors
    • Sen. Heinrich, Martin [D-NM] · [D-NM] · H001046
  • SAMDT 6771 (119)
    Submitted 2026-09-15T04:00:00Z
    Chamber: Senate
    Amends: HR 3633 (119)
    Sponsors
    • Sen. Moran, Jerry [R-KS] · [R-KS] · M000934
  • HAMDT 48 (119)
    Pursuant to the provisions of H. Res. 580, in lieu of the amendments in the nature of a substitute recommended by the Committees on Agriculture and Financial Services now printed in the bill, an amendment in the nature of a substitute consisting of the text of Rules Committee Print 119-6, modified by the amendment printed in part B of House Report 119-199 is considered adopted.
    Submitted 2025-07-17T04:00:00Z
    Chamber: House of Representatives
    Amends: HR 3633 (119)
    Latest: 2025-07-17 — On agreeing to the Rules amendment (A001) Agreed to without objection.
    Sponsors
    • null

Laws

none

Committee reports

  • H. Rept. 119-168,Part 1
  • H. Rept. 119-168,Part 2

Calendar number

null

CBO cost estimates

  • Estimated Budgetary Effects of H.R. 3633, CLARITY Act of 20252025-07-10T17:55:00Z
    As posted on the website of the House Committee on Rules on July 2, 2025

Latest action

Date
2026-09-15
Text
Motion by Senator Tillis to reconsider the vote by which cloture on the motion to proceed to the measure was not invoked (Record Vote No. 234) entered in Senate.
Time
null

Dublin Core

format
text/xml
language
EN
rights
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
contributor
Congressional Research Service, Library of Congress
description
This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.

Row fields (debug)

id
2385
congress
119
bill_type
hr
bill_number
3633
bill_slug
hr-3633-119
title
Digital Asset Market Clarity Act
short_title
Lummis-Gillibrand Responsible Financial Innovation Act of 2026
sponsor_bioguide_id
H001072
sponsor_name
Rep. Hill, J. French [R-AR-2]
sponsor_party
R
sponsor_state
AR
introduced_date
2025-05-29
latest_action_date
2026-09-15
latest_action_text
Motion by Senator Tillis to reconsider the vote by which cloture on the motion to proceed to the measure was not invoked (Record Vote No. 234) entered in Senate.
status
null
policy_area
Finance and Financial Sector
subjects_json
[
  "Advanced technology and technological innovations",
  "Bank accounts, deposits, capital",
  "Banking and financial institutions regulation",
  "Business records",
  "Computer security and identity theft",
  "Computers and information technology",
  "Currency",
  "Data collection, sharing, protection",
  "Digital media",
  "Financial services and investments",
  "Fraud offenses and financial crimes",
  "Licensing and registrations",
  "Securities"
]
govinfo_billstatus_path
BILLSTATUS-119hr3633
raw_billstatus_xml
<?xml version="1.0" encoding="utf-8" standalone="no"?> <billStatus> <version>3.0.0</version> <bill> <number>3633</number> <updateDate>2026-09-17T17:09:18Z</updateDate> <updateDateIncludingText>2026-09-17T17:09:18Z</updateDateIncludingText> <originChamber>House</originChamber> <originChamberCode>H</originChamberCode> <type>HR</type> <introducedDate>2025-05-29</int…
summary_lede
of 2025 or the CLARITY Act of 2025 This bill establishes a regulatory framework for digital commodities, defined by the bill as digital assets that rely upon a blockchain for their value. The Commodity Futures Trading Commission must generally regulate digital commodities transactions, including digital commodity exchanges, brokers, and dealers. To qualify for trade on an exchange (1) a digital…
topic_primary
finance
topic_secondary_json
[]
action_family
floor_motion
response_available
0
response_type
null
response_deadline
null
importance_score
null
consequence_score
null
urgency_score
null
overall_score
null
in_canopy
1
canopy_expires_at
2026-12-14
pipeline_track
federal_presidential
pipeline_stage
passed_origin
pipeline_stage_rank
2
stable_action_id
hr-3633-119
jurisdiction
federal
lock_status
open
lock_at
null
content_hash
7f3000b0da45587c76c3faa84dc2487eb0363c35184623fa87f279b0f796e627
anchored_at
null
anchor_merkle_root
null
source_kind
api_fill
first_seen_at
2026-04-20T08:15:57.988066+00:00
last_seen_at
2026-09-24T11:30:43.509089+00:00
⎔ Anchored0x0000…0000Epoch 2026-Q4