H.Res.1243 — Providing for consideration of the bill (H.R. 4763) to provide for a system of regulation of digital assets by the Commodity Futures Trading Commission and the Securities and Exchange Commission, and for other purposes; providing for consideration of the bill (H.R. 5403) 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; and providing for consideration of the bill (H.R. 192) to prohibit individuals who are not citizens of the United States from voting in elections in the District of Columbia.

House Roll Call

H.Res.1243

Roll 222 • Congress 118, Session 2 • May 22, 2024 2:43 PM • Result: Passed

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BillH.Res.1243 — Providing for consideration of the bill (H.R. 4763) to provide for a system of regulation of digital assets by the Commodity Futures Trading Commission and the Securities and Exchange Commission, and for other purposes; providing for consideration of the bill (H.R. 5403) 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; and providing for consideration of the bill (H.R. 192) to prohibit individuals who are not citizens of the United States from voting in elections in the District of Columbia.
Vote questionOn Agreeing to the Resolution
Vote typeRecorded Vote
ResultPassed
TotalsYea 204 / Nay 203 / Present 0 / Not Voting 23
PartyYeaNayPresentNot Voting
R2040013
D0203010
I0000

Research Brief

On Agreeing to the Resolution

Bill Analysis

HRES 1243 is a resolution from the 118th Congress that outlines the procedural framework for considering three distinct bills related to digital assets, central bank digital currency (CBDC), and voting rights in the District of Columbia.

The first bill, H.R. 4763, proposes the establishment of a regulatory framework for digital assets, assigning oversight responsibilities to the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). This legislation aims to clarify the regulatory environment for cryptocurrencies and other digital financial products, potentially impacting market participants, investors, and financial institutions involved in digital asset transactions.

The second bill, H.R. 5403, seeks to amend the Federal Reserve Act to restrict Federal Reserve Banks from offering certain products or services directly to individuals. It also aims to prohibit the use of CBDC for monetary policy purposes, thereby limiting the Federal Reserve’s ability to utilize digital currency as a tool for economic management. This measure could affect the Federal Reserve’s operational capabilities and influence the broader financial system, particularly in the context of emerging digital currencies.

The third bill, H.R. 192, addresses voting rights by prohibiting non-citizens from participating in elections in the District of Columbia. This legislation is intended to reinforce the principle that only U.S. citizens can vote in federal elections, impacting the electoral landscape and governance in the District.

The latest action on HRES 1243 involved a motion to reconsider, which was laid on the table and agreed to without objection, indicating that the House of Representatives has concluded its immediate deliberations on the resolution. The timeline for further consideration of the individual bills remains contingent on subsequent legislative schedules.

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Yea (204)

K
Kelly Armstrong

ND • R • Aye

D
Dan Bishop

NC • R • Aye

L
Larry Bucshon

IN • R • Aye

M
Michael Burgess

TX • R • Aye

K
Ken Calvert

CA • R • Aye

J
Jerry Carl

AL • R • Aye

L
Lori Chavez-DeRemer

OR • R • Aye

A
Anthony D'Esposito

NY • R • Aye

J
John Duarte

CA • R • Aye

J
Jeff Duncan

SC • R • Aye

S
Scott Franklin

FL • R • Aye

M
Matt Gaetz

FL • R • Aye

M
Mike Garcia

CA • R • Aye

B
Bob Good

VA • R • Aye

G
Garret Graves

LA • R • Aye

M
Mark Green

TN • R • Aye

J
Jake LaTurner

KS • R • Aye

D
Debbie Lesko

AZ • R • Aye

B
Blaine Luetkemeyer

MO • R • Aye

L
Lisa McClain

MI • R • Aye

P
Patrick McHenry

NC • R • Aye

M
Marcus Molinaro

NY • R • Aye

A
Alexander Mooney

WV • R • Aye

G
Greg Pence

IN • R • Aye

B
Bill Posey

FL • R • Aye

C
Cathy Rodgers

WA • R • Aye

M
Matthew Rosendale

MT • R • Aye

J
John Rutherford

FL • R • Aye

P
Pete Sessions

TX • R • Aye

M
Michelle Steel

CA • R • Aye

M
Michael Waltz

FL • R • Aye

B
Brad Wenstrup

OH • R • Aye

B
Brandon Williams

NY • R • Aye

Nay (203)

C
Colin Allred

TX • D • No

J
Jamaal Bowman

NY • D • No

C
Cori Bush

MO • D • No

Y
Yadira Caraveo

CO • D • No

T
Tony Cárdenas

CA • D • No

M
Matt Cartwright

PA • D • No

G
Gerald Connolly

VA • D • No

J
Jason Crow

CO • D • No

L
Lloyd Doggett

TX • D • No

A
Anna Eshoo

CA • D • No

R
Ruben Gallego

AZ • D • No

J
John Garamendi

CA • D • No

J
Jeff Jackson

NC • D • No

D
Daniel Kildee

MI • D • No

D
Derek Kilmer

WA • D • No

A
Ann Kuster

NH • D • No

B
Barbara Lee

CA • D • No

K
Kathy Manning

NC • D • No

L
Lucy McBath

GA • D • No

G
Grace Napolitano

CA • D • No

W
Wiley Nickel

NC • D • No

B
Bill Pascrell

NJ • D • No

M
Mary Peltola

AK • D • No

D
Dean Phillips

MN • D • No

K
Katie Porter

CA • D • No

C
C. Ruppersberger

MD • D • No

J
John Sarbanes

MD • D • No

A
Abigail Spanberger

VA • D • No

E
Eric Swalwell

CA • D • No

R
Rashida Tlaib

MI • D • No

D
David Trone

MD • D • No

D
Debbie Wasserman Schultz

FL • D • No

J
Jennifer Wexton

VA • D • No

S
Susan Wild

PA • D • No

Not Voting (23)

E
Earl Blumenauer

OR • D • Not Voting

A
A. Ferguson

GA • R • Not Voting

K
Kay Granger

TX • R • Not Voting

R
Raúl Grijalva

AZ • D • Not Voting

S
Sheila Jackson Lee

TX • D • Not Voting

D
Doug Lamborn

CO • R • Not Voting

D
David Schweikert

AZ • R • Not Voting

N
Nydia Velázquez

NY • D • Not Voting