Legis Daily

Eliminate Barriers to Innovation Act of 2021

USA117th CongressHR-1602| House 
| Updated: 4/22/2021
Patrick T. McHenry

Patrick T. McHenry

Republican Representative

North Carolina

Cosponsors (4)
Warren Davidson (Republican)Glenn Thompson (Republican)Stephen F. Lynch (Democratic)Ted Budd (Republican)

Commodity Markets, Digital Assets, and Rural Development Subcommittee, Agriculture Committee, Financial Services Committee, Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Eliminate Barriers to Innovation Act of 2021 This bill requires the Securities and Exchange Commission and the Commodity Futures Trading Commission to jointly establish a working group on digital assets. The working group must (1) report on the impact of the U.S. legal and regulatory framework on the digital asset market; and (2) provide recommendations regarding digital asset market fairness and integrity, cybersecurity standards, and the reduction of fraud and manipulation.

Bill Text Versions

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3 versions available

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Timeline
Mar 8, 2021
Introduced in House
Mar 8, 2021
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.
Apr 8, 2021
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Apr 19, 2021
Mr. Perlmutter moved to suspend the rules and pass the bill.
Apr 19, 2021
Considered under suspension of the rules. (consideration: CR H1924-1927; text: CR H1924)
Apr 19, 2021
DEBATE - The House proceeded with forty minutes of debate on H.R. 1602.
Apr 19, 2021
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Apr 20, 2021
Pursuant to the provisions of H. Res. 330, proceedings on H.R. 1602 are considered vacated.
Apr 20, 2021
Passed/agreed to in House: Pursuant to section 6 of H. Res. 330, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 367; H.R. 370; H.R. 396; H.R. 397, as amended; H.R. 408; H.R. 490; H.R. 965, as amended; H.R. 1251, as amended; H.R. 1395; H.R. 1491; H.R. 1528; H.R. 1532; H.R. 1565; H.R. 1602; and H.R. 2523, as amended; and the following resolution was agreed to under suspension of the rules: H. Res. 124, as amended.(consideration: CR H1979-1994; text: CR H1990)
Apr 20, 2021
Pursuant to section 6 of H. Res. 330, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 367; H.R. 370; H.R. 396; H.R. 397, as amended; H.R. 408; H.R. 490; H.R. 965, as amended; H.R. 1251, as amended; H.R. 1395; H.R. 1491; H.R. 1528; H.R. 1532; H.R. 1565; H.R. 1602; and H.R. 2523, as amended; and the following resolution was agreed to under suspension of the rules: H. Res. 124, as amended. (consideration: CR H1979-1994; text: CR H1990)
Apr 22, 2021
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • March 8, 2021
    Introduced in House


  • March 8, 2021
    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.


  • April 8, 2021
    Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.


  • April 19, 2021
    Mr. Perlmutter moved to suspend the rules and pass the bill.


  • April 19, 2021
    Considered under suspension of the rules. (consideration: CR H1924-1927; text: CR H1924)


  • April 19, 2021
    DEBATE - The House proceeded with forty minutes of debate on H.R. 1602.


  • April 19, 2021
    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.


  • April 20, 2021
    Pursuant to the provisions of H. Res. 330, proceedings on H.R. 1602 are considered vacated.


  • April 20, 2021
    Passed/agreed to in House: Pursuant to section 6 of H. Res. 330, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 367; H.R. 370; H.R. 396; H.R. 397, as amended; H.R. 408; H.R. 490; H.R. 965, as amended; H.R. 1251, as amended; H.R. 1395; H.R. 1491; H.R. 1528; H.R. 1532; H.R. 1565; H.R. 1602; and H.R. 2523, as amended; and the following resolution was agreed to under suspension of the rules: H. Res. 124, as amended.(consideration: CR H1979-1994; text: CR H1990)


  • April 20, 2021
    Pursuant to section 6 of H. Res. 330, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 367; H.R. 370; H.R. 396; H.R. 397, as amended; H.R. 408; H.R. 490; H.R. 965, as amended; H.R. 1251, as amended; H.R. 1395; H.R. 1491; H.R. 1528; H.R. 1532; H.R. 1565; H.R. 1602; and H.R. 2523, as amended; and the following resolution was agreed to under suspension of the rules: H. Res. 124, as amended. (consideration: CR H1979-1994; text: CR H1990)


  • April 22, 2021
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

Related Bills

  • HRES 117-330: Providing for consideration of the bill (H.R. 51) to provide for the admission of the State of Washington, D.C. into the Union; providing for consideration of the bill (H.R. 1573) to clarify the rights of all persons who are held or detained at a port of entry or at any detention facility overseen by U.S. Customs and Border Protection or U.S. Immigration and Customs Enforcement; providing for consideration of the bill (H.R. 1333) to transfer and limit Executive Branch authority to suspend or restrict the entry of a class of aliens; and for other purposes.
Advanced technology and technological innovationsAdvisory bodiesBanking and financial institutions regulationComputers and information technologyCurrencyDigital mediaFraud offenses and financial crimesGovernment information and archivesGovernment studies and investigationsMinority and disadvantaged businessesPublic-private cooperationRight of privacy

Eliminate Barriers to Innovation Act of 2021

USA117th CongressHR-1602| House 
| Updated: 4/22/2021
Eliminate Barriers to Innovation Act of 2021 This bill requires the Securities and Exchange Commission and the Commodity Futures Trading Commission to jointly establish a working group on digital assets. The working group must (1) report on the impact of the U.S. legal and regulatory framework on the digital asset market; and (2) provide recommendations regarding digital asset market fairness and integrity, cybersecurity standards, and the reduction of fraud and manipulation.

Bill Text Versions

View Text
3 versions available

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 8, 2021
Introduced in House
Mar 8, 2021
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.
Apr 8, 2021
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Apr 19, 2021
Mr. Perlmutter moved to suspend the rules and pass the bill.
Apr 19, 2021
Considered under suspension of the rules. (consideration: CR H1924-1927; text: CR H1924)
Apr 19, 2021
DEBATE - The House proceeded with forty minutes of debate on H.R. 1602.
Apr 19, 2021
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Apr 20, 2021
Pursuant to the provisions of H. Res. 330, proceedings on H.R. 1602 are considered vacated.
Apr 20, 2021
Passed/agreed to in House: Pursuant to section 6 of H. Res. 330, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 367; H.R. 370; H.R. 396; H.R. 397, as amended; H.R. 408; H.R. 490; H.R. 965, as amended; H.R. 1251, as amended; H.R. 1395; H.R. 1491; H.R. 1528; H.R. 1532; H.R. 1565; H.R. 1602; and H.R. 2523, as amended; and the following resolution was agreed to under suspension of the rules: H. Res. 124, as amended.(consideration: CR H1979-1994; text: CR H1990)
Apr 20, 2021
Pursuant to section 6 of H. Res. 330, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 367; H.R. 370; H.R. 396; H.R. 397, as amended; H.R. 408; H.R. 490; H.R. 965, as amended; H.R. 1251, as amended; H.R. 1395; H.R. 1491; H.R. 1528; H.R. 1532; H.R. 1565; H.R. 1602; and H.R. 2523, as amended; and the following resolution was agreed to under suspension of the rules: H. Res. 124, as amended. (consideration: CR H1979-1994; text: CR H1990)
Apr 22, 2021
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • March 8, 2021
    Introduced in House


  • March 8, 2021
    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.


  • April 8, 2021
    Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.


  • April 19, 2021
    Mr. Perlmutter moved to suspend the rules and pass the bill.


  • April 19, 2021
    Considered under suspension of the rules. (consideration: CR H1924-1927; text: CR H1924)


  • April 19, 2021
    DEBATE - The House proceeded with forty minutes of debate on H.R. 1602.


  • April 19, 2021
    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.


  • April 20, 2021
    Pursuant to the provisions of H. Res. 330, proceedings on H.R. 1602 are considered vacated.


  • April 20, 2021
    Passed/agreed to in House: Pursuant to section 6 of H. Res. 330, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 367; H.R. 370; H.R. 396; H.R. 397, as amended; H.R. 408; H.R. 490; H.R. 965, as amended; H.R. 1251, as amended; H.R. 1395; H.R. 1491; H.R. 1528; H.R. 1532; H.R. 1565; H.R. 1602; and H.R. 2523, as amended; and the following resolution was agreed to under suspension of the rules: H. Res. 124, as amended.(consideration: CR H1979-1994; text: CR H1990)


  • April 20, 2021
    Pursuant to section 6 of H. Res. 330, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 367; H.R. 370; H.R. 396; H.R. 397, as amended; H.R. 408; H.R. 490; H.R. 965, as amended; H.R. 1251, as amended; H.R. 1395; H.R. 1491; H.R. 1528; H.R. 1532; H.R. 1565; H.R. 1602; and H.R. 2523, as amended; and the following resolution was agreed to under suspension of the rules: H. Res. 124, as amended. (consideration: CR H1979-1994; text: CR H1990)


  • April 22, 2021
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Patrick T. McHenry

Patrick T. McHenry

Republican Representative

North Carolina

Cosponsors (4)
Warren Davidson (Republican)Glenn Thompson (Republican)Stephen F. Lynch (Democratic)Ted Budd (Republican)

Commodity Markets, Digital Assets, and Rural Development Subcommittee, Agriculture Committee, Financial Services Committee, Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HRES 117-330: Providing for consideration of the bill (H.R. 51) to provide for the admission of the State of Washington, D.C. into the Union; providing for consideration of the bill (H.R. 1573) to clarify the rights of all persons who are held or detained at a port of entry or at any detention facility overseen by U.S. Customs and Border Protection or U.S. Immigration and Customs Enforcement; providing for consideration of the bill (H.R. 1333) to transfer and limit Executive Branch authority to suspend or restrict the entry of a class of aliens; and for other purposes.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Advanced technology and technological innovationsAdvisory bodiesBanking and financial institutions regulationComputers and information technologyCurrencyDigital mediaFraud offenses and financial crimesGovernment information and archivesGovernment studies and investigationsMinority and disadvantaged businessesPublic-private cooperationRight of privacy