HR 5510
106th Congress
House
Finance and Financial Sector
Economics and Public Finance
Federal Reserve System
Government securities
Money
Public debt
Circulating Currency Simplification and Cost-saving Act
Introduced: October 19, 2000
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 19, 2000
Referred to the Subcommittee on Domestic and International Monetary Policy.
Oct 19, 2000
Referred to the House Committee on Banking and Financial Services.
Oct 19, 2000
Introduced in House
Plain-English summary
Circulating Currency Simplification and Cost-saving Act - Declares that: (1) all Federal reserve notes issued by the Board of Governors of the Federal Reserve System shall be the obligation of the United States and be deemed to be U.S. currency notes; and (2) all Board assets and liabilities with respect to the issuance of such Federal reserve notes shall be transferred to the Secretary of the Treasury, and be assets and liabilities of the United States.
What's happening now
Referred to the Subcommittee on Domestic and International Monetary Policy.
Committees of jurisdiction
2
Cosponsors
1