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![handle is hein.congrecreports/crptxagei0001 and id is 1 raw text is: AUT-ENTICATED
US. GOVERNMENT
INFORMATION
118TH CONGRESS REPORT
2d Session HOUSE OF REPRESENTATIVES 118-501
DEPLOYING AMERICAN BLOCKCHAINS ACT OF 2023
MAY 10, 2024.-Committed to the Committee of the Whole House on the State of
the Union and ordered to be printed
Mrs. RODGERS of Washington, from the Committee on Energy and
Commerce, submitted the following
REPORT
[To accompany H.R. 6572]
The Committee on Energy and Commerce, to whom was referred
the bill (H.R. 6572) to direct the Secretary of Commerce to take ac-
tions necessary and appropriate to promote the competitiveness of
the United States related to the deployment, use, application, and
competitiveness of blockchain technology or other distributed ledg-
er technology, and for other purposes, having considered the same,
reports favorably thereon with an amendment and recommends
that the bill as amended do pass.
CONTENTS
Page
Purpose and Sum m ary ............................................................................................ 4
Background and Need for Legislation ................................................................... 5
C om m ittee A ction .................................................................................................... 8
C om m ittee V otes ...................................................................................................... 9
Oversight Findings and Recommendations ........................................................... 11
New Budget Authority, Entitlement Authority, and Tax Expenditures ............. 11
Congressional Budget Office Estimate ................................................................... 11
Federal M andates Statem ent ................................................................................. 11
Statement of General Performance Goals and Objectives .................................... 11
Duplication of Federal Program s ............................................................................ 11
Related Committee and Subcommittee Hearings ................................................. 11
Com m ittee Cost Estim ate ....................................................................................... 12
Earmark, Limited Tax Benefits, and Limited Tariff Benefits ............................. 12
Advisory Com m ittee Statem ent .............................................................................. 12
Applicability to Legislative Branch ........................................................................ 12
Section-by-Section Analysis of the Legislation ...................................................... 12
Changes in Existing Law Made by the Bill, as Reported ..................................... 14
The amendment is as follows:
Strike all after the enacting clause and insert the following:
SECTION 1. SHORT TITLE.
This Act may be cited as the Deploying American Blockchains Act of 2023.
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