S. 3666: ACES Act

117th Congress · introduced 2022-02-16 · International Affairs · Latest: Placed on Senate Legislative Calendar under General Orders. Calendar No. 321.

federal

Follow this bill, step by step

Where it came from: introduced 2022-02-16 · official record
Who proposed it: Sen. Risch, James E. [R-ID] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Placed on Senate Legislative Calendar under General Orders. Calendar No. 321. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

ACES Act

Plain summary

Accountability for Cryptocurrency in El Salvador Act or ACES Act This bill requires the Department of State to devise and implement a plan to mitigate any potential risk to the U.S. financial system posed by the adoption of a cryptocurrency as legal tender in El Salvador and any other country that uses the U.S. dollar as legal tender. The State Department must report to Congress on this plan and on various issues relating to El Salvador's adoption of Bitcoin as legal tender.

Congressional Research Service summary (Reported to Senate), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

ACES Act

Source: Congressional Research Service summary (Reported to Senate)

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The strongest published arguments

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Risch, James E. [R-ID] · 2 cosponsors

Cost estimate: CBO cost estimate: S. 3666, Accountability for Cryptocurrency in El Salvador Act (2022-04-26)

Cosponsors on this site

Bill Cassidy (R-LA)

Sponsor's campaign money: Sen. Risch, James E. [R-ID] reported raising $3.9 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Reported to Senate)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-117s3666.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/117/s>

Record fed-us-cong117-s3666 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117