HR 1174 · 105th Congress · Economics and Public Finance

United States Efficient Currency Act of 1997

Introduced 1997-03-20· Sponsored by Rep. Kolbe, Jim [R-AZ-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Domestic and International Monetary Policy.(1997-04-14)

Plain Language Summary

[AI summary unavailable — showing source text] United States Efficient Currency Act of 1997 - Amends Federal currency law to prescribe the color and content of one-dollar coins. Instructs the Secretary of the Treasury to: (1) place certain authorized one-dollar coins into circulation before the government's current inventory of one-dollar coins bearing the likeness of Susan B. Anthony is depleted; and (2) increase capacity at U.S. Mint facilities to a level that permits replacement of one-dollar Federal reserve notes. Prohibits a Federal reserve bank from placing into circulation any one-dollar Federal Reserve note after specified deadlines. Directs the Secretary of the Treasury to cease regular production of one-dollar Federal Reserve notes (except for such quantities ordered by the Board of Governors of the Federal Reserve to meet collectors' needs).…

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

Cosponsors (20)

11 Democrats9 Republicans
Rep. Torres, Esteban Edward [D-CA-34]CA
Rep. Porter, John Edward [R-IL-10]IL
Rep. Rogers, Harold [R-KY-5]KY
Rep. Lipinski, William O. [D-IL-3]IL
Rep. Klug, Scott L. [R-WI-2]WI
Rep. Evans, Lane [D-IL-17]IL
Rep. Frank, Barney [D-MA-4]MA
Rep. Wynn, Albert Russell [D-MD-4]MD
Rep. LaFalce, John J. [D-NY-29]NY
Rep. Metcalf, Jack [R-WA-2]WA
Rep. Oberstar, James L. [D-MN-8]MN
Rep. Cunningham, Randy (Duke) [R-CA-51]CA
Rep. Costello, Jerry F. [D-IL-12]IL
Rep. Blumenauer, Earl [D-OR-3]OR
Rep. McGovern, James P. [D-MA-3]MA
Rep. Oxley, Michael G. [R-OH-4]OH
Rep. Bateman, Herbert H. [R-VA-1]VA
Rep. Lantos, Tom [D-CA-12]CA
Rep. Pryce, Deborah [R-OH-15]OH
Rep. Riggs, Frank [R-CA-1]CA