Senate
File
2389
S-5020
Amend
Senate
File
2389
as
follows:
1
1.
Page
11,
after
line
33
by
inserting:
2
<
Sec.
___.
Section
554.1201,
subsection
2,
Code
2024,
is
3
amended
by
adding
the
following
new
paragraph:
4
NEW
PARAGRAPH
.
0j.
“Central
bank
digital
currency”
means
a
5
digital
currency,
a
digital
medium
of
exchange,
or
a
digital
6
monetary
unit
of
account
issued
by
the
United
States
federal
7
reserve
system,
a
federal
agency,
a
foreign
government,
a
8
foreign
central
bank,
or
a
foreign
reserve
system,
that
is
made
9
directly
available
to
a
consumer
by
such
entities.
The
term
10
includes
a
digital
currency,
a
digital
medium
of
exchange,
or
a
11
digital
monetary
unit
of
account
issued
by
the
United
States
12
federal
reserve
system,
a
federal
agency,
a
foreign
government,
13
a
foreign
central
bank,
or
a
foreign
reserve
system,
that
is
14
processed
or
validated
directly
by
such
entities.
>
15
2.
Page
13,
line
3,
after
<
government.
>
by
inserting
<
The
16
term
also
does
not
include
a
central
bank
digital
currency.
>
17
3.
By
renumbering
as
necessary.
18
______________________________
MIKE
BOUSSELOT
______________________________
SANDY
SALMON
-1-
SF
2389.3143
(1)
90
da/jh
1/
1
#1.
#2.
#3.