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PROOF Act
5/9/2025, 12:37 PM
Summary of Bill S 1405
The bill titled "A bill to impose requirements on digital exchanges, and for other purposes," was introduced in the 119th session of Congress as Senate Bill 1405 on April 10, 2025. The bill aims to impose requirements on digital exchanges, though specific provisions and directives outlined within the bill are not provided in the context.
Read the Full Bill
Current Status of Bill S 1405
Bill S 1405 is currently in the status of Bill Introduced since April 10, 2025. Bill S 1405 was introduced during Congress 119 and was introduced to the Senate on April 10, 2025. Bill S 1405's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of April 10, 2025
Bipartisan Support of Bill S 1405
Total Number of Sponsors
4Democrat Sponsors
0Republican Sponsors
4Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 1405
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill S 1405
PROOF Act
PROOF Act
Proving Reserves Of Others’ Funds Act
A bill to impose requirements on digital exchanges, and for other purposes.
Comments
Sponsors and Cosponsors of S 1405
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