HR 1123 · 99th Congress · Finance and Financial Sector

Liberty Double-Eagle Bullion Coin Act

Introduced 1985-02-19· Sponsored by Rep. Lewis, Jerry [R-CA-35]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Consumer Affairs and Coinage.(1985-03-01)

Plain Language Summary

[AI summary unavailable — showing source text] Liberty Double-Eagle Bullion Coin Act - Requires the Secretary of the Treasury to mint and issue gold double-eagle coins. Sets forth specifications for and the design of such coins. Makes such coins legal tender. Permits the sale of such coins at a price equal to the cost of minting and issuing such coins plus a surcharge equal to the amount by which the fair market value of gold bullion held by the United States and used in the minting of the coins exceeds the statutory maximum value of any gold certificates outstanding against the bullion. Requires the revenue from such surcharges to be used to reduce the national debt. Authorizes appropriations.…

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

Cosponsors (20)

10 Democrats10 Republicans
Rep. Dixon, Julian C. [D-CA-28]CA
Rep. Anderson, Glenn M. [D-CA-32]CA
Rep. Armey, Richard K. [R-TX-26]TX
Rep. Bates, Jim [D-CA-44]CA
Rep. Bedell, Berkley W. [D-IA-6]IA
Rep. Bereuter, Doug [R-NE-1]NE
Rep. Berman, Howard L. [D-CA-26]CA
Del. Blaz, Ben G. [R-GU-At Large]GU
Rep. Boehlert, Sherwood [R-NY-25]NY
Rep. Boulter, Beau [R-TX-13]TX
Rep. Bryant, John W. [D-TX-5]TX
Rep. Carney, William [R-NY-1]NY
Rep. Clay, William (Bill) [D-MO-1]MO
Rep. Cobey, William W. [R-NC-4]NC
Rep. Coelho, Anthony Lee [D-CA-15]CA
Rep. Collins, Cardiss [D-IL-7]IL
Rep. Combest, Larry [R-TX-19]TX
Rep. Conte, Silvio O. [R-MA-1]MA
Rep. Conyers, John, Jr. [D-MI-1]MI
Rep. Coughlin, Lawrence [R-PA-13]PA