US HB3693 | 2011-2012 | 112th Congress

Status

Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on December 15 2011 - 25% progression, died in chamber
Action: 2012-11-29 - Subcommittee Hearings Held.
Text: Latest bill text (Introduced) [PDF]

Summary

Cents and Sensibility Act - Revises the discretionary authority of the Secretary of the Treasury to prescribe the weight and the composition of the alloy of the one-cent coin. Requires that the one-cent coin be: (1) produced primarily of steel, and (2) treated to impart a copper color to its appearance so that the appearance is similar to one-cent coins produced of a copper-zinc alloy. Instructs the Secretary, in minting 1-cent coins, to use only steel produced in the United States unless: (1) the Secretary determines doing so would be inconsistent with the public interest, or (2) steel is not produced in the United States in sufficient and reasonably available quantities. Directs the Secretary to submit to certain congressional committees the initial report concerning production costs and technologies required by the Coin Modernization, Oversight, and Continuity Act of 2010.

Tracking Information

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Title

Cents and Sensibility Act

Sponsors


History

DateChamberAction
2012-11-29HouseSubcommittee Hearings Held.
2012-04-17HouseSubcommittee Hearings Held.
2012-01-12HouseReferred to the Subcommittee on Domestic Monetary Policy and Technology.
2011-12-15HouseReferred to the House Committee on Financial Services.

Same As/Similar To

HB3694 (Related) 2012-11-29 - Subcommittee Hearings Held.

Subjects


US Congress State Sources


Bill Comments

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