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S 428 101th Congress Senate Finance and Financial Sector Bicentennial of the Constitution Coins and coinage Money Public debt

A bill to modernize United States circulating coin designs, of which one reverse will have a theme of the Bicentennial of the Constitution.

Introduced: February 22, 1989 See on congress.gov
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 Everywhere this bill has been 9 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 1, 1989
Referred to the Subcommittee on Consumer Affairs and Coinage.
Jun 27, 1989
Referred to the House Committee on Banking, Finance + Urban Affrs.
Jun 27, 1989
Received in the House.
Jun 27, 1989
Message on Senate action sent to the House.
Jun 23, 1989
Passed Senate without amendment and an amendment to the Title by Voice Vote.
Jun 23, 1989
Passed/agreed to in Senate: Passed Senate without amendment and an amendment to the Title by Voice Vote.
Jun 23, 1989
Senate Committee on Banking discharged by Unanimous Consent.
Feb 22, 1989
Read twice and referred to the Committee on Banking.
Feb 22, 1989
Introduced in Senate
 Plain-English summary Congressional Research Service

Requires U.S. coins to be redesigned, at the discretion of the Secretary of the Treasury, over the next six years. Requires 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 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 1, 1989

Referred to the Subcommittee on Consumer Affairs and Coinage.

 Committees of jurisdiction 3
 Cosponsors 2
All 2 Republican 2