Skip to main content
HR 1068 101th Congress House

United States Coinage Reform Act of 1989

Official title: To provide for the minting and circulation of one dollar coins, and for other purposes.

Introduced: June 12, 1990 See on congress.gov
Finance and Financial Sector AnniversariesCoins and coinageMoney
Sign in to write a letter Sign in to watch
This bill died when the 101st Congress ended
It never became law before the 101st Congress (1989–1990) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 1, 1989
Referred to the Subcommittee on Consumer Affairs and Coinage.
Feb 22, 1989
Referred to the House Committee on Banking, Finance + Urban Affrs.
Feb 22, 1989
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action March 1, 1989

Referred to the Subcommittee on Consumer Affairs and Coinage.

 Plain-English summary Congressional Research Service

United States Coinage Reform Act of 1989 - 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 and to cease production of one dollar notes, except as required from time to time to satisfy the needs of collectors, within 18 months after the first of such coins are placed in circulation.

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.

Requires that the seigniorage from the production of such dollar coins be used to offset the reverse seigniorage resulting from the destruction of Susan B. Anthony dollar coins.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 6
All 6 Democratic 3
D
Pallone, Frank
New Jersey · Jun 12, 1990
FROST, MARTIN
· Apr 18, 1990
TAUZIN, W.
· Sep 20, 1989
 D
Mfume, Kweisi
Maryland · Jun 6, 1989
CRANE, PHILIP
· May 3, 1989
 D
Markey, Edward J.
Massachusetts · Feb 22, 1989
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1068: United States Coinage Reform Act of 1989. 101st Congress. Open America. https://openamerica.io/bill/101-HR-1068/
MLA
"H.R. 1068: United States Coinage Reform Act of 1989." 101st Congress, 2026, Open America, https://openamerica.io/bill/101-HR-1068/.
Bluebook (legal)
H.R. 1068, 101st Cong. (2026), https://openamerica.io/bill/101-HR-1068/.
Markdown link
[H.R. 1068: United States Coinage Reform Act of 1989](https://openamerica.io/bill/101-HR-1068/)
Report a problem