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Currency Overhaul for an Industrious Nation (COIN) Act

Introduced: July 17, 2006 See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 31, 2006
Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.
Jul 17, 2006
Referred to the Committee on Financial Services, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jul 17, 2006
Introduced in House
 Plain-English summary Congressional Research Service

Currency Overhaul for an Industrious Nation (COIN) Act - Amends federal law governing coins and currency to prescribe requirements for redesign and issuance of commemorative circulating $2 Federal Reserve notes.

Requires selection of a new design for $2 Federal Reserve notes placed into circulation during each year of the five-year periods beginning January 1, 2007.

Authorizes Federal Reserve banks to continue to place into circulation $1 Federal Reserve notes until a date determined according to certain criteria.

Transfers the U.S. Mint and the Bureau of Engraving and Printing to the Federal Reserve Board.

Requires the design and issuance of a circulating quarter dollar honoring the District of Columbia and each of the Territories.

What's happening now August 31, 2006

Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.

 Committees of jurisdiction 3
 Cosponsors 2
All 2 Democratic 1 Republican 1