H.R.3633 Crypto Market Structure Bill (CLARITY Act)
Exempting up to $50 million a year in crypto token sales from SEC registration and moving many tokens to CFTC oversight (119th Congress)
View on Congress.govBill activity
Introduced May 29, 2025 by J. French Hill (R-AR) with 8 original cosponsors. 21 cosponsors as of Jun 23, 2025. Passed the House Jul 17, 2025, 294-134.
- Reached the House floor after the House Financial Services and Agriculture Committees reported it (H. Rept. 119-168, Parts I-II), under a special rule from the Rules Committee (H.Res.580).
- IntroducedMay 29, 2025
- Passed HouseJul 17, 2025
- Passed Senate
- To President
- Became Law
Latest action Sep 15, 2026: Motion by Senator Tillis to reconsider the vote by which cloture on the motion to proceed to the measure was not invoked (Record Vote No. 234) entered in Senate.
Cosponsors during the cosponsorship window
119th Congress (Jan 2025 to Jan 2027)
Each dot is one cosponsor. Dots stack by sign-on day, or by week when the window is long. The block at the left holds the original cosponsors.
Cosponsorship closed Jun 23, 2025 (119th Congress): every committee of referral had reported the bill.
Activity log
- Introduced in House
- Referred to the House 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...
8 original cosponsors on the day of introduction
- Angie Craig D-MN, original
- Bryan Steil R-WI, original
- Donald G. Davis D-NC, original
- Dusty Johnson R-SD, original
- Glenn Thompson R-PA, original
- Ritchie Torres D-NY, original
- Tom Emmer R-MN, original
- Warren Davidson R-OH, original
- Josh Gottheimer cosponsored (D-NJ)
- Bill Huizenga cosponsored (R-MI)
- Committee Consideration and Mark-up Session HeldHouse
- Ordered to be Reported (Amended) by the Yeas and Nays: 47 - 6.House
- Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 19.House
10 members cosponsored
- Daniel Meuser R-PA
- Earl L. "Buddy" Carter R-GA
- Kristen McDonald Rivet D-MI
- Mark B. Messmer R-IN
- Michael Lawler R-NY
- Nicholas J. Begich R-AK
- Riley M. Moore R-WV
- Robert P. Bresnahan R-PA
- Shri Thanedar D-MI
- Zachary Nunn R-IA
- Reported (Amended) by the House Committee on Agriculture. H. Rept. 119-168, Part I.
- Reported (Amended) by the House Committee on Financial Services. H. Rept. 119-168, Part II.
- Placed on the Union Calendar, Calendar No. 134.House
- Haley M. Stevens cosponsored (D-MI)
House floor day: vote on the rule (H.Res.580) (4 steps)
- Rules Committee Resolution H. Res. 580 Reported to House. Rule provides for consideration of H.R. 4016, H.R. 3633, H.R. 1919 and S. 1582. The resolution provides for consideration of H.R. 4016 and H.R. 3633 under a structured...
- On ordering the previous question Agreed to by the Yeas and Nays: 211 - 210 (Roll no. 194).
- Failed of passage/not agreed to in House On agreeing to the resolution Failed by recorded vote: 196 - 223 (Roll no. 195).
- On agreeing to the resolution Failed by recorded vote: 196 - 223 (Roll no. 195).
House floor day: passage (7 steps)
- Considered under the provisions of rule H. Res. 580.
- Rule provides for consideration of H.R. 4016, H.R. 3633, H.R. 1919 and S. 1582. The resolution provides for consideration of H.R. 4016 and H.R. 3633 under a structured rule, and H.R. 1919 and S. 1582 under a closed rule, with...
- DEBATE - The House proceeded with one hour of debate on H.R. 3633.
- The previous question was ordered pursuant to the rule.
- POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 3633, the Chair put the question on passage of the bill and by voice vote, announced that the ayes had prevailed. Ms. Craig demanded the yeas and nays and the Chair...
- Considered as unfinished business.
- On passage Passed by the Yeas and Nays: 294 - 134 (Roll no. 199). (text of amendment in the nature of a substitute: CR H3373-3397)
- House vote: Passage of the billCounted in grades
Passed, 294-134
Of 21 cosponsors: 20 voted yea, 0 voted nay, 1 not voting.
Member breakdown · Official House roll call 199 - Motion to reconsider laid on the table Agreed to without objection.House
- Received in the Senate and Read twice and referred to the Senate Committee on Banking, Housing, and Urban Affairs.
- Senate Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
- Senate Committee on Banking, Housing, and Urban Affairs. Reported by Senator Scott SC, with an amendment in the nature of a substitute. Without written report.
- Placed on Senate Legislative Calendar under General Orders. Calendar No. 423.Senate
- Motion to proceed to consideration of measure made in Senate. (CR S4557)Senate
- Cloture motion on the motion to proceed to the measure presented in Senate. (CR S4557)Senate
- Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 49 - 50. Record Vote Number: 234. (CR S4706)Senate
- Motion by Senator Tillis to reconsider the vote by which cloture on the motion to proceed to the measure was not invoked (Record Vote No. 234) entered in Senate.Senate
Votes on this bill
6 votes: 6 recorded roll calls and 0 decided without a recorded vote, 0 of them on amendments. Showing 1 below; 5 procedural votes are behind "Show all 6 votes". Votes counted in grades are marked.
Jul 15, 20252:12 pmHouseVote to end debate on the rule (ordering the previous question)
H.Res.580On ordering the previous question Agreed to by the Yeas and Nays: 211 - 210 (Roll no. 194).Agreed to211-210Nay
| Party | Yea | Nay | Present | Not voting |
|---|---|---|---|---|
| Democratic | 0 | 210 | 0 | 2 |
| Republican | 211 | 0 | 0 | 9 |
| Independent | 0 | 0 | 0 | 0 |
| Total | 211 | 210 | 0 | 11 |
Jul 15, 20252:29 pmHouseVote on the rule (H.Res.580)On agreeing to the resolution Failed by recorded vote: 196 - 223 (Roll no. 195).Failed196-223Nay
| Party | Yea | Nay | Present | Not voting |
|---|---|---|---|---|
| Democratic | 0 | 210 | 0 | 2 |
| Republican | 196 | 13 | 0 | 11 |
| Independent | 0 | 0 | 0 | 0 |
| Total | 196 | 223 | 0 | 13 |
Jul 16, 20251:18 pmHouseMotion to reconsider the vote on the rule (H.Res.580) that failed Jul 15On motion to reconsider Agreed to by the Yeas and Nays: 215 - 211 (Roll no. 197).Agreed to215-211Nay
| Party | Yea | Nay | Present | Not voting |
|---|---|---|---|---|
| Democratic | 0 | 211 | 0 | 1 |
| Republican | 215 | 0 | 0 | 5 |
| Independent | 0 | 0 | 0 | 0 |
| Total | 215 | 211 | 0 | 6 |
Jul 16, 202511:04 pmHouseVote on the rule (H.Res.580)On agreeing to the resolution Agreed to by recorded vote: 217 - 212 (Roll no. 198).Agreed to217-212Nay
| Party | Yea | Nay | Present | Not voting |
|---|---|---|---|---|
| Democratic | 0 | 211 | 0 | 1 |
| Republican | 217 | 1 | 0 | 2 |
| Independent | 0 | 0 | 0 | 0 |
| Total | 217 | 212 | 0 | 3 |
Jul 17, 20253:30 pmHousePassage of the billCounted in gradesOn passage Passed by the Yeas and Nays: 294 - 134 (Roll no. 199). (text of amendment in the nature of a substitute: CR H3373-3397)Passed294-134Yea
Counted in grades
Of 21 cosponsors: 20 voted yea, 0 voted nay, 1 not voting. Question voted on: Passage of the bill
| Party | Yea | Nay | Present | Not voting |
|---|---|---|---|---|
| Democratic | 78 | 134 | 0 | 0 |
| Republican | 216 | 0 | 0 | 4 |
| Independent | 0 | 0 | 0 | 0 |
| Total | 294 | 134 | 0 | 4 |
Sep 15, 2026SenateCloture on the motion to proceed (vote to end debate; three-fifths of senators duly chosen and sworn required)Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 49 - 50. Record Vote Number: 234. (CR S4706)Not invoked49-50n/a
| Party | Yea | Nay | Present | Not voting |
|---|---|---|---|---|
| Democratic | 0 | 44 | 0 | 1 |
| Republican | 49 | 4 | 0 | 0 |
| Independent | 0 | 2 | 0 | 0 |
| Total | 49 | 50 | 0 | 1 |
Amendments
3 amendments: 1 agreed to, 2 submitted, not proposed.
Agreed to (1)
Pursuant to the provisions of H. Res. 580, in lieu of the amendments in the nature of a substitute recommended by the Committees on Agriculture and Financial Services now printed in the bill, an amendment in the nature of a substitute consisting of the text of Rules Committee Print 119-6, modified by the amendment printed in part B of House Report 119-199 is considered adopted.Without a recorded vote
Submitted, not proposed (2)
Cosponsors
21 cosponsored
Sponsor Introduced by J. French Hill (R-AR) on May 29, 2025
| Member | Party/State | Date | Days after introduction | Original | Grade |
|---|---|---|---|---|---|
| Angie Craig | D-MN | May 29, 2025 | 0 | Original | C+ |
| Bryan Steil | R-WI | May 29, 2025 | 0 | Original | F |
| Donald G. Davis | D-NC | May 29, 2025 | 0 | Original | C- |
| Dusty Johnson | R-SD | May 29, 2025 | 0 | Original | F |
| Glenn Thompson | R-PA | May 29, 2025 | 0 | Original | F |
| Ritchie Torres | D-NY | May 29, 2025 | 0 | Original | C- |
| Tom Emmer | R-MN | May 29, 2025 | 0 | Original | F |
| Warren Davidson | R-OH | May 29, 2025 | 0 | Original | F |
| Josh Gottheimer | D-NJ | Jun 2, 2025 | 4 | D | |
| Bill Huizenga | R-MI | Jun 5, 2025 | 7 | F | |
| Daniel Meuser | R-PA | Jun 20, 2025 | 22 | F | |
| Earl L. "Buddy" Carter | R-GA | Jun 20, 2025 | 22 | F | |
| Kristen McDonald Rivet | D-MI | Jun 20, 2025 | 22 | C- | |
| Mark B. Messmer | R-IN | Jun 20, 2025 | 22 | F | |
| Michael Lawler | R-NY | Jun 20, 2025 | 22 | F | |
| Nicholas J. Begich | R-AK | Jun 20, 2025 | 22 | F | |
| Riley M. Moore | R-WV | Jun 20, 2025 | 22 | F | |
| Robert P. Bresnahan | R-PA | Jun 20, 2025 | 22 | F | |
| Shri Thanedar | D-MI | Jun 20, 2025 | 22 | C | |
| Zachary Nunn | R-IA | Jun 20, 2025 | 22 | F | |
| Haley M. Stevens | D-MI | Jun 23, 2025 | 25 | C- |
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Lets crypto projects raise up to $50 million a year without SEC registration and the disclosures it requires, and moves oversight of many tokens to the CFTC. Exchanges may use customers' crypto outside segregated accounts with written consent, which removes its bankruptcy protection. State securities regulators opposed the bill as a limit on their authority to pursue crypto fraud.