About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

H. Rept. 119-70 1 (2025-04-24)

handle is hein.congrecreports/crptxahgw0001 and id is 1 raw text is: AUT-ENTICATED
US. GOVERNMENT
INFORMATION
      GP













                    119TH CONGRESS                                         REPORT
                       1st Session    HOUSE   OF REPRESENTATIVES           119-70







                       DEPLOYING AMERICAN BLOCKCHAINS ACT OF 2025



                     APRIL 24, 2025.-Committed to the Committee of the Whole House on the State of
                                       the Union and ordered to be printed



                       Mr. GUTHRIE,  from  the Committee  on Energy  and Commerce,
                                          submitted  the following


                                             REPORT

                                           [To accompany H.R. 1664]

                      The  Committee  on Energy  and  Commerce,  to whom   was referred
                    the bill (H.R. 1664) 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  without  amendment and recommends
                    that the bill do pass.

                                                 CONTENTS
                                                                                    Page
                    Purpose and Sum m ary  ............................................................................................  1
                    Background and Need for  Legislation  ....................................................................  2
                    Com m ittee  A ction  ................................................................................................... .  5
                    C om m ittee  V otes  .....................................................................................................  6
                    Oversight Findings and  Recommendations    ...........................................................  6
                    New Budget Authority, Entitlement Authority, and Tax Expenditures .............   6
                    Congressional Budget Office  Estimate  ...................................................................  6
                    Federal M andates  Statem ent  .................................................................................  6
                    Statement of General Performance Goals and Objectives .................           6
                    Duplication of Federal Program s  ............................................................................  7
                    Related Committee and Subcommittee Hearings .................................................  7
                    Com m ittee  Cost  Estim ate  .......................................................................................  7
                    Earmark, Limited Tax Benefits, and Limited Tariff Benefits ..............         8
                    Advisory Com m ittee  Statem ent  ..............................................................................  8
                    Applicability  to  Legislative  Branch  ........................................................................  8
                    Section-by-Section  Analysis of the  Legislation  ......................................................  8
                    Changes in Existing Law Made by the Bill, as Reported .................           9

                                          PURPOSE  AND  SUMMARY

                      H.R.  1664, the Deploying American  Blockchains  Act of 2025, was
                    introduced by Representative  Cammack on February 27, 2025, and
                       59-006

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most