HR556-118

Introduced

To support the role of the United States dollar as the primary global reserve currency, and for other purposes.

118th Congress Introduced Jan 26, 2023

Summary

What This Bill Does

The bill provides report on dollar strategy and requires sunset Section 3 shall have no force or effect after the date that is 7 years after the date of the enactment of this Act. It relies on compliance mandates, appropriations, reporting requirements, and sunset clause. The main policy areas are Homeowners, Finance, Housing, and Civil Rights.

Who Benefits and How

Public beneficiaries or protected communities affected by the clause could face reduced risk.

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Regulated entities and members of the public affected by the bill would take on compliance duties, and Immigrants, asylum seekers, and border communities affected by the bill would take on compliance duties.

Key Provisions

  • Provides report on dollar strategy.
  • Requires sunset Section 3 shall have no force or effect after the date that is 7 years after the date of the enactment of this Act.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill provides report on dollar strategy and requires sunset Section 3 shall have no force or effect after the date that is 7 years after the date of the enactment of this Act.

Key Policy Areas

Homeowners, Finance, Housing, Civil Rights

Primary Purpose

The bill provides report on dollar strategy and requires sunset Section 3 shall have no force or effect after the date that is 7 years after the date of the enactment of this Act.

Policy Domains

Homeowners Finance Housing Civil Rights

Whole bill

Identified Gains
  • Public beneficiaries or protected communities affected by the clause
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Public beneficiaries or protected communities affected by the clause:
Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
  • Regulated entities and members of the public affected by the bill
  • Immigrants, asylum seekers, and border communities affected by the bill
  • Homeowners, tenants, or housing market participants affected by the bill
  • Financial services firms and customers affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Financial services firms and customers affected by the bill:
Regulated entities and members of the public affected by the bill:
Immigrants, asylum seekers, and border communities affected by the bill:
Homeowners, tenants, or housing market participants affected by the bill:
Federal, state, or local agencies responsible for implementing the clause: ,

Legislative Progress

Introduced
Introduced Committee Passed
Jan 26, 2023

Mr. Hill (for himself and Mr. Himes) introduced the following …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Homeowners Finance Housing Civil Rights

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology