HR 5818 · 109th Congress · Finance and Financial Sector

Currency Overhaul for an Industrious Nation (COIN) Act

Introduced 2006-07-17· Sponsored by Rep. Kolbe, Jim [R-AZ-8]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.(2006-08-31)

Plain Language Summary

[AI summary unavailable — showing source text] Currency Overhaul for an Industrious Nation (COIN) Act - Amends federal law governing coins and currency to prescribe requirements for redesign and issuance of commemorative circulating $2 Federal Reserve notes. Requires selection of a new design for $2 Federal Reserve notes placed into circulation during each year of the five-year periods beginning January 1, 2007. Authorizes Federal Reserve banks to continue to place into circulation $1 Federal Reserve notes until a date determined according to certain criteria. Transfers the U.S. Mint and the Bureau of Engraving and Printing to the Federal Reserve Board. Requires the design and issuance of a circulating quarter dollar honoring the District of Columbia and each of the Territories.…

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

Cosponsors (5)

1 Democrat4 Republicans