US SB759 | 2017-2018 | 115th Congress
Status
Sponsorship: Partisan Bill (Republican 2)
Status: Introduced on March 29 2017 - 25% progression, died in committee
Action: 2017-03-29 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 29 2017 - 25% progression, died in committee
Action: 2017-03-29 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Currency Optimization, Innovation, and National Savings Act of 2017 This bill suspends the production of one-cent coins, other than collectible coins, for a 10-year period. The Government Accountability Office shall study the effect of this temporary suspension and report on whether production should remain suspended. In addition, the bill provides for: (1) modifications to the composition of the five-cent coin; and (2) the replacement, in circulation, of $1 notes with $1 coins.
Title
Currency Optimization, Innovation, and National Savings Act of 2017
Sponsors
| Sen. John McCain [R-AZ] | Sen. Michael Enzi [R-WY] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-03-29 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Same As/Similar To
HB2299 (Related) 2017-05-02 - Referred to the House Committee on Financial Services.
Subjects
Congressional oversight
Currency
Finance and financial sector
Government studies and investigations
Metals
Currency
Finance and financial sector
Government studies and investigations
Metals
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/senate-bill/759/all-info |
| Text | https://www.congress.gov/115/bills/s759/BILLS-115s759is.pdf |
