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HR 505 101th Congress House Finance and Financial Sector Bicentennial of the Constitution Coins and coinage Money Public debt

To modernize circulating coins of which the reverse of the first coin will contain the theme of the Bicentennial.

Introduced: January 19, 1989 See on congress.gov
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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 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 12, 1989
Subcommittee Hearings Held.
Feb 15, 1989
Referred to the Subcommittee on Consumer Affairs and Coinage.
Jan 19, 1989
Referred to the House Committee on Banking, Finance + Urban Affrs.
Jan 19, 1989
Introduced in House
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 Plain-English summary Congressional Research Service

Amends Federal law to require the reverse side of the first coin redesigned to commemorate the bicentennial of the U.S. Constitution for a two-year period.

Provides that the design on the obverse side of U.S. coins shall contain the likenesses of those displayed on current coins and shall be considered for redesign. Requires any such obverse redesigns to conform to the inscription requirements of current law.

Requires U.S. coins to be redesigned, at the discretion of the Secretary of the Treasury, over the next six years. Requires the Secretary, in selecting new designs, to consider specified constitutional concepts. Requires the designs to be selected by the Secretary upon consultation with the United States Commission of Fine Arts.

Requires that any profits from the sale of uncirculated and proof sets of U.S. coins be deposited in the Treasury and used solely to reduce the national debt.

What's happening now July 12, 1989

Subcommittee Hearings Held.

 Related & companion bills 1
  • S 428 Identical bill A bill to modernize United States circulating coin designs, of which one reverse will have a theme of the Bicentennial …
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 7
All 7 Democratic 6 Republican 1
D
Pallone, Frank
New Jersey · Jun 28, 1989
 R
Rogers, Harold
Kentucky · May 4, 1989
 D
Wyden, Ron
Oregon · May 4, 1989
 D
Kaptur, Marcy
Ohio · Mar 1, 1989
 D
Neal, Richard E.
Massachusetts · Mar 1, 1989
 D
Mfume, Kweisi
Maryland · Jan 19, 1989
 D
Schumer, Charles E.
New York · Jan 19, 1989
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 505: To modernize circulating coins of which the reverse of the first coin will contain the theme of the Bicentennial.. 101st Congress. Open America. https://openamerica.io/bill/101-HR-505/
MLA
"H.R. 505: To modernize circulating coins of which the reverse of the first coin will contain the theme of the Bicentennial.." 101st Congress, 2026, Open America, https://openamerica.io/bill/101-HR-505/.
Bluebook (legal)
H.R. 505, 101st Cong. (2026), https://openamerica.io/bill/101-HR-505/.
Markdown link
[H.R. 505: To modernize circulating coins of which the reverse of the first coin will contain the theme of the Bicentennial.](https://openamerica.io/bill/101-HR-505/)
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