S 874 · 104th Congress · Finance and Financial Sector

United States One Dollar Coin Act of 1995

Introduced 1995-05-26· Sponsored by Sen. Grams, Rod [R-MN]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Banking. Hearings held. Hearings printed: S.Hrg. 104-189.(1995-07-13)

Plain Language Summary

[AI summary unavailable — showing source text] United States One Dollar Coin Act of 1995 - Specifies the characteristics of the one-dollar coin, including a golden color. Requires the Secretary of the Treasury to select appropriate designs for the reverse and obverse sides of the dollar. Prohibits Federal Reserve banks from issuing any one-dollar Federal Reserve notes after one-dollar coins have been placed in circulation. Authorizes the Secretary, after such time, to produce one-dollar Federal Reserve notes only when the Board of Governors of the Federal Reserve System may order such notes from time to time to meet the needs of collectors of that denomination.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (5)

3 Democrats2 Republicans