HR 1401 · 119th Congress · Finance and Financial Sector

Currency Optimization, Innovation, and National Savings Act of 2025

Introduced 2025-02-18· Sponsored by Rep. Biggs, Andy [R-AZ-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2025-02-18)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 1401 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 1401 To save taxpayers money by improving the manufacturing and distribution of coins, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES February 18, 2025 Mr. Biggs of Arizona (for himself, Mr. Ciscomani, Mr. Moore of Alabama, Mr. Weber of Texas, and Ms. Boebert) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To save taxpayers money by improving the manufacturing and distribution of coins, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Currency Optimization, Innovation, and National Savings Act of 2025''. SEC. 2. SAVING TAXPAYERS MONEY BY SUSPENDING PRODUCTION OF THE PENNY. (a) Sense of Congress.--It is the sense of the Congress that-- (1) sufficient one-cent coins have already been m…

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

Cosponsors (5)

5 Republicans