HR 2502 · 99th Congress · Finance and Financial Sector

A bill to provide for the retirement of all United States notes of the denomination of $100 and their replacement with new notes in such denomination.

Introduced 1985-05-14· Sponsored by Rep. Schulze, Richard T. [R-PA-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Domestic Monetary Policy.(1985-05-14)

Plain Language Summary

[AI summary unavailable — showing source text] Directs the Secretary of the Treasury to: (1) retire all circulating U.S. notes of the denomination of $100; (2) issue new notes in such denomination; and (3) provide a ten-day period for the exchange of the circulating notes for the new notes. Requires the name, address, and social security or Federal employer identification number of any holder who exchanges $5,000 or more in notes to be forwarded to the Department of the Treasury.…

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

Cosponsors (6)

3 Democrats3 Republicans