S 1986
110th Congress
Senate
Finance and Financial Sector
Administrative procedure
Coins and coinage
Department of the Treasury
Government Operations and Politics
Law
Coinage Materials Modernization Act of 2007
Introduced: August 3, 2007
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 3, 2007
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Aug 3, 2007
Introduced in Senate
Plain-English summary
Coinage Materials Modernization Act of 2007 - Removes restrictions on the weight of, and requirements concerning the metal in, the U.S. half dollar, quarter, dime, nickel, and penny.
Requires the Secretary of the Treasury to prescribe the weight and composition of the dollar, half dollar, quarter, dime, five-cent, and one-cent coins. (Currently, the Secretary is authorized to prescribe the weight and the composition of copper and zinc in the alloy of the penny in specified circumstances.)
Authorizes the Secretary to prescribe manufacturing tolerances for the nickel and penny.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1
Cosponsors
1