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Coin Metal Modification Authorization and Cost Savings Act of 2023

USA118th CongressHR-2817| House 
| Updated: 4/25/2023
Mark E. Amodei

Mark E. Amodei

Republican Representative

Nevada

Cosponsors (1)
Josh Gottheimer (Democratic)

Rules Committee, Financial Services Committee, Budget Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Coin Metal Modification Authorization and Cost Savings Act of 2023 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 means that the coins must have the same weight and diameter as current coins and that the coins 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. Congress may disapprove of any proposed modification through a joint resolution.
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Timeline

Bill from Previous Congress

HR 116-7995
Coin Metal Modification Authorization and Cost Savings Act of 2020

Bill from Previous Congress

HR 117-1789
Coin Metal Modification Authorization and Cost Savings Act of 2021
Apr 20, 2023

Latest Companion Bill Action

S 118-1228
Introduced in Senate
Apr 25, 2023
Introduced in House
Apr 25, 2023
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.
  • Bill from Previous Congress

    HR 116-7995
    Coin Metal Modification Authorization and Cost Savings Act of 2020


  • Bill from Previous Congress

    HR 117-1789
    Coin Metal Modification Authorization and Cost Savings Act of 2021


  • April 20, 2023

    Latest Companion Bill Action

    S 118-1228
    Introduced in Senate


  • April 25, 2023
    Introduced in House


  • April 25, 2023
    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.

Finance and Financial Sector

Related Bills

  • S 118-1228: Coin Metal Modification Authorization and Cost Savings Act of 2023

Coin Metal Modification Authorization and Cost Savings Act of 2023

USA118th CongressHR-2817| House 
| Updated: 4/25/2023
Coin Metal Modification Authorization and Cost Savings Act of 2023 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 means that the coins must have the same weight and diameter as current coins and that the coins 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. Congress may disapprove of any proposed modification through a joint resolution.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-7995
Coin Metal Modification Authorization and Cost Savings Act of 2020

Bill from Previous Congress

HR 117-1789
Coin Metal Modification Authorization and Cost Savings Act of 2021
Apr 20, 2023

Latest Companion Bill Action

S 118-1228
Introduced in Senate
Apr 25, 2023
Introduced in House
Apr 25, 2023
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.
  • Bill from Previous Congress

    HR 116-7995
    Coin Metal Modification Authorization and Cost Savings Act of 2020


  • Bill from Previous Congress

    HR 117-1789
    Coin Metal Modification Authorization and Cost Savings Act of 2021


  • April 20, 2023

    Latest Companion Bill Action

    S 118-1228
    Introduced in Senate


  • April 25, 2023
    Introduced in House


  • April 25, 2023
    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.
Mark E. Amodei

Mark E. Amodei

Republican Representative

Nevada

Cosponsors (1)
Josh Gottheimer (Democratic)

Rules Committee, Financial Services Committee, Budget Committee

Finance and Financial Sector

Related Bills

  • S 118-1228: Coin Metal Modification Authorization and Cost Savings Act of 2023
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted