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S 1742 100th Congress Senate Finance and Financial Sector Anniversaries Buy American Coins and coinage Commemorations Monetary policy Money

United States Coinage Reform Act of 1987

Introduced: October 1, 1987 See on congress.gov
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This bill died when the 100th Congress ended
It never became law before the 100th Congress (1987–1988) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 1, 1987
Read twice and referred to the Committee on Banking.
Oct 1, 1987
Introduced in Senate
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 Plain-English summary Congressional Research Service

United States Coinage Reform Act of 1987 - Requires that one dollar coins be gold colored, be at least 90 percent copper, and be fabricated in the United States from natural deposits located in the United States.

Redesigns the obverse side of the dollar coin to symbolize the 500th anniversary of the discovery of the New World by Christopher Columbus.

Requires the Secretary of the Treasury to place such coins into circulation within 18 months.

Directs the Secretary to conduct a study and report to the Congress on the advisability of phasing out production of the one-cent and 50-cent coins and of rounding cash sales to the nearest five cents.

What's happening now October 1, 1987

Read twice and referred to the Committee on Banking.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Grassley, Chuck
Iowa · Jul 29, 1988
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1742: United States Coinage Reform Act of 1987. 100th Congress. Open America. https://openamerica.io/bill/100-S-1742/
MLA
"S. 1742: United States Coinage Reform Act of 1987." 100th Congress, 2026, Open America, https://openamerica.io/bill/100-S-1742/.
Bluebook (legal)
S. 1742, 100th Cong. (2026), https://openamerica.io/bill/100-S-1742/.
Markdown link
[S. 1742: United States Coinage Reform Act of 1987](https://openamerica.io/bill/100-S-1742/)
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