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H.R. 6644 · House bill · 119th Congress
This act establishes and modifies various federal housing programs.TITLE I--OPPORTUNITIES FOR HOUSING(Sec. 101) This section requires the Department of Housing and Urban Development (HUD) to review the performance of organizations that receive grants to provide housing counseling services. Such review may take into account the performance of individual counselors.HUD may terminate assistance for such organizations that are not in compliance with the program's requirements.(Sec. 102) This section requires HUD to establish best practices and provide technical assistance to state and local entities to support permitting for point-access block buildings (i.e., apartments with a single staircase to access the dwelling units and that are no more than six stories high).
Senate concurred in the House amendment to the Senate amendment with an amendment (SA 5823) by Yea-Nay Vote. 85 - 5. Record Vote Number: 182.
House · Jun 23, 2026
On motion that the House suspend the rules and agree to the Senate amendment to the House amendment to the Senate amendment Agreed to by the Yeas and Nays: (2/3 required): 358 - 32 (Roll no. 224).
President · Jun 29, 2026
Presented to President.
President · Jul 11, 2026
Became Public Law No: 119-101.
The Federal Reserve Act (12 U.S.C. 221 et seq.) is amended by inserting after section 16 (12 U.S.C. 411 et seq.) the following:
“16A. Central bank digital currency.—
(a) Definitions.— In this section:
(1) Central bank digital currency.— The term central bank digital currency means a digital asset that—
(A) is denominated in United States dollars;
(B) is a United States currency;
(C) is a direct liability of the Federal Reserve System; and
(D) is widely available to the general public.
(2) Digital asset.— The term digital asset has the meaning given the term in section 2 of the GENIUS Act (12 U.S.C. 5901).
(b) Prohibition.— Except as provided in subsection (c), the Board of Governors of the Federal Reserve System or a Federal reserve bank may not issue or create a central bank digital currency or any digital asset that is substantially similar to a central bank digital currency directly or indirectly through a financial institution or other intermediary.
(c) Exception.— Subsection (b) shall not prohibit any dollar-denominated currency that is open, permissionless, and private, and fully preserves the privacy protections of United States coins and physical currency.
(d) Sunset.— This provisions of this section shall cease to be effective on December 31, 2030.
(e) Rule of construction.— Nothing in this section shall be construed to allow the Board of Governors of the Federal Reserve System to issue a central bank digital currency or any digital asset that is substantially similar to a central bank digital currency directly or indirectly absent authorization by an Act of Congress.”.