Skip to main content
HR 2789 112th Congress House

Prevention of Wasteful and Unneeded Coins Act of 2011

Official title: To amend title 31, United States Code, to suspend the issuance of $1 coins for a 15-year period, or until excess stockpiles are exhausted, and for other purposes.

Introduced: August 1, 2011 See on congress.gov
Finance and Financial Sector CurrencyFederal-Indian relationsPresidential administrations
Sign in to write a letter Sign in to watch
This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 22, 2011
Referred to the Subcommittee on Domestic Monetary Policy and Technology.
Aug 1, 2011
Referred to the House Committee on Financial Services.
Aug 1, 2011
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action August 22, 2011

Referred to the Subcommittee on Domestic Monetary Policy and Technology.

 Plain-English summary Congressional Research Service

Prevention of Wasteful and Unneeded Coins Act of 2011 - Amends federal law governing coins and currency to prohibit, for a 15-year period, the issuance of $1 dollar coins honoring each of the Presidents of the United States.

Authorizes the Secretary of the Treasury to resume issuance of such coins if the demand for $1 coins exceeds the number of them held in reserve.

Prohibits the Secretary from issuing any $1 coins if it would result in an excess stockpile of $1 coins not in circulation.

Repeals the requirement that the number of $1 coins minted and issued in a year with the Sacagawea design on the obverse be at least 20% of the total of such coins.

Repeals the requirement that, during an introductory period, all institutions that want to are able to obtain unmixed supplies of each newly-issued design of $1 coins minted under the President $1 and the First Spouse bullion coin programs.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 6
All 6 Republican 1
Brooks, Mo
· Oct 13, 2011
 R
Cole, Tom
Oklahoma · Oct 13, 2011
Farenthold, Blake
· Oct 13, 2011
Jenkins, Lynn
· Oct 13, 2011
MYRICK, SUE
· Oct 13, 2011
PITTS, JOSEPH
· Oct 13, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2789: Prevention of Wasteful and Unneeded Coins Act of 2011. 112th Congress. Open America. https://openamerica.io/bill/112-HR-2789/
MLA
"H.R. 2789: Prevention of Wasteful and Unneeded Coins Act of 2011." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-2789/.
Bluebook (legal)
H.R. 2789, 112th Cong. (2026), https://openamerica.io/bill/112-HR-2789/.
Markdown link
[H.R. 2789: Prevention of Wasteful and Unneeded Coins Act of 2011](https://openamerica.io/bill/112-HR-2789/)
Report a problem