S 1986 · 110th Congress · Finance and Financial Sector
Coinage Materials Modernization Act of 2007
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2007-08-03)
Plain Language Summary
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Coinage Materials Modernization Act of 2007 - Removes restrictions on the weight of, and requirements concerning the metal in, the U.S. half dollar, quarter, dime, nickel, and penny. Requires the Secretary of the Treasury to prescribe the weight and composition of the dollar, half dollar, quarter, dime, five-cent, and one-cent coins. (Currently, the Secretary is authorized to prescribe the weight and the composition of copper and zinc in the alloy of the penny in specified circumstances.) Authorizes the Secretary to prescribe manufacturing tolerances for the nickel and penny.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (3)
1 Democrat2 Republicans