S 1791 · 99th Congress · Finance and Financial Sector

Counterfeit Deterrence Act of 1985

Introduced 1985-10-25· Sponsored by Sen. Garn, E. J. (Jake) [R-UT]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking.(1985-10-25)

Plain Language Summary

[AI summary unavailable — showing source text] Counterfeit Deterrence Act of 1985 - Sets forth civil and criminal penalties for possession of features or devices adapted to the making of U.S. obligations or other securities after the Secretary of the Treasury adopts a distinctive counterfeit deterrent for such obligations. Provides that the making of counterfeits includes any electronic means for the acquisition, recording, retrieval, transmission, or reproduction of obligations.…

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