# 116-hr-5197: Managed Stablecoins are Securities Act of 2019

116-hr-5197, Managed Stablecoins are Securities Act of 2019, is a 116th Congress bill sponsored by Rep. Garcia, Sylvia R. [D-TX-29] (D-TX); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-5197
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-5197
- Congress: 116
- Title: Managed Stablecoins are Securities Act of 2019
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2019-11-20
- Sponsor: Rep. Garcia, Sylvia R. [D-TX-29] (D-TX)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Managed Stablecoins are Securities Act of 2019 This bill establishes managed stablecoins—a type of digital currency the value of which is linked to another asset or group of assets—as a type of security for regulatory purposes.

## Cosponsors (1)

- Rep. Gooden, Lance [R-TX-5] (R-TX), 2019-11-20T00:00:00.000Z

## Related bills

- 116-hr-8340: To designate the facility of the United States Postal Service located at 4110 Bluebonnet Drive in Stafford, Texas, as the "Leonard Scarcella Post Office Buildi…
- 116-hr-7832: To designate the facility of the United States Postal Service located at 4020 Broadway Street in Houston, Texas, as the "Benny C. Martinez Post Office Building…
- 116-hr-7810: To designate the facility of the United States Postal Service located at 3519 East Walnut Street in Pearland, Texas, as the "Tom Reid Post Office Building".
- 116-hr-7777: Paycheck Protection Small Business Forgiveness Act
- 116-hr-7481: RESTART Act
- 116-hr-6829: EMPIL–DOC Act

## Sources
- [116-hr-5197 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/5197)

## Related
- [116-hr-8340: To designate the facility of the United States Postal Service located at 4110 B…](https://policyrisk.com/legislation/116-hr-8340)
- [116-hr-7832: To designate the facility of the United States Postal Service located at 4020 B…](https://policyrisk.com/legislation/116-hr-7832)
- [116-hr-7810: To designate the facility of the United States Postal Service located at 3519 E…](https://policyrisk.com/legislation/116-hr-7810)
- [116-hr-7777: Paycheck Protection Small Business Forgiveness Act](https://policyrisk.com/legislation/116-hr-7777)
- [116-hr-7481: RESTART Act](https://policyrisk.com/legislation/116-hr-7481)
- [116-hr-6829: EMPIL–DOC Act](https://policyrisk.com/legislation/116-hr-6829)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-5197 (as of 2025-11-18).