,i  #aahth ,,congress  #ast ,session    
,h4 ,r4 #aabb  ,,in ,,the ,,house ,,of  
,,representatives  ,february #ba1       
#bjbc,mr4 ,emmer 7for himself1 ,mr4     
,hill1 ,mr4 ,davidson1 ,mr4 ,flood1 ,mr4
 ,norman1 ,mr4 ,donalds1 ,mr4 ,biggs1   
,mr4 ,loudermilk1 ,mr4 ,sessions1 and   
,mrs4 ,kim of ,california7 introduced   
the following bill2 which was referred  
to the ,committee on ,financial         
,services  ,a ,,bill  ,to amend the     
,federal ,reserve ,act to prohibit the  
,federal reserve banks from offering    
certain products or services directly to
 an individual1 to prohibit the use of  
central bank digital currency for       
monetary policy1 and for other purposes4
  #a4 ,short title ,this ,act may be    
cited as the ,,cbdc ,anti-,surveillance 
,state ,act4  #b4 ,prohibition on       
,federal reserve banks relating to      
certain products or services for        
individuals ,section #ac of the ,federal
 ,reserve ,act is amended by adding at  
the end the following new paragraph3    

7#ae7 ,except as specifically authorized
 under this ,act1 a ,federal reserve    
bank may not offer products or services 
directly to an individual1 maintain an  
account on behalf of an individual1 or  
issue a central bank digital currency   
directly to an individual4  4  #c4      
,prohibition on the use of central bank 
digital currency for monetary policy    
,section #aj of the ,federal ,reserve   
,act is amended by inserting before     
paragraph 7#ab7 the following new       
paragraph3  7#aa7 ,prohibition on the   
use of central bank digital currency for
 monetary policy ,the ,board of         
,governors of the ,federal ,reserve     
,system and the ,federal ,open ,market  
,committee may not use any central bank 
digital currency to implement monetary  
policy4  4  #d4 ,central bank digital   
currency study and pilot program        
coordination ,with respect to any       
central bank digital currency study or  
pilot program of the ,board of          
,governors of the ,federal ,reserve     

,system1 the ,board of ,governors       
shall-- 7#a7 consult each ,federal      
reserve bank with respect to such study 
or pilot program2 and  7#b7 issue       
quarterly reports to the ,congress on   
findings and determinations made in     
carrying out such study or pilot        
program4