H.R. 6572, Deploying American Blockchains Act of 2023
As passed by the House of Representatives on May 15, 2024
By Fiscal Year, Millions of Dollars
2024
2024-2029
2024-2034
Direct Spending (Outlays)
0
0
0
Revenues
0
0
0
Increase or Decrease (-) in the Deficit
0
0
0
Spending Subject to Appropriation (Outlays)
0
59
not estimated
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?
No
Statutory pay-as-you-go procedures apply?
No
Mandate Effects
Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?
No
Contains intergovernmental mandate?
No
Contains private-sector mandate?
No
Summary
H.R. 6572 would designate the Department of Commerce as the primary advisor to the President for policy related to the deployment, use, application, and competitiveness of blockchain technology and applications. The act would require the department to undertake various activities in that role, including developing policies and recommendations, promoting U.S. economic and national security, examining the benefits to federal agencies, and coordinating federal activities related to cybersecurity.
