HR 1789 United States House · 117th Congress

Coin Metal Modification Authorization and Cost Savings Act of 2021

Summary
Coin Metal Modification Authorization and Cost Savings Act of 2021 This bill authorizes the United States Mint to modify the metallic composition of circulating coins (including by prescribing reasonable manufacturing tolerances with respect to those coins) if a study and analysis conducted by the Mint indicates that the modification will reduce costs incurred by the taxpayers; be seamless, which shall be determined by verifying that the coins will work interchangeably in most coin acceptors using electromagnetic signature technology; and have as minimal an adverse impact as possible on the public and stakeholders. The Mint must notify Congress before making the modification and provide a justification for the modification.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2021
Committee Review
Floor Vote
President
Introduced Mar 11, 2021 Last action Mar 11, 2021
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Full legislative history

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Total actions
2
Key actions
0
Committee
1
Mar 11, 2021
Committee
Referred to the Committee on Financial Services, and in addition to the Committees on the Budget, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Mar 11, 2021
Introduced
Introduced in House
lower
1 primary · 7 co-sponsors

Sponsors