HR 1245
102th Congress
House
Finance and Financial Sector
Armed Forces and National Security
Coins and coinage
Money
United States One Dollar Coin Act of 1991
Introduced: March 5, 1991
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 6, 1991
Subcommittee Hearings Held.
Mar 15, 1991
Referred to the Subcommittee on Consumer Affairs and Coinage.
Mar 5, 1991
Referred to the House Committee on Banking, Finance + Urban Affrs.
Mar 5, 1991
Introduced in House
Plain-English summary
United States One Dollar Coin Act of 1991 - Amends Federal currency law to prescribe the color and content of one-dollar coins. Mandates that the obverse side of the one dollar coin have a design recognizing America's veterans.
Directs the Secretary of the Treasury to cease regular production of one-dollar Federal Reserve notes by a specified date (except for such quantities as are required to meet collectors' needs).
Mandates that the seigniorage of the new one-dollar coins be used to offset the reverse seigniorage resulting from the destruction of Susan B. Anthony dollar coins in Government storage.
What's happening now
Subcommittee Hearings Held.
Committees of jurisdiction
2