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HR 77 113th Congress House Finance and Financial Sector Criminal investigation, prosecution, interrogation Currency Fraud offenses and financial crimes Metals Sales and excise taxes State and local taxation

Free Competition in Currency Act of 2013

Introduced: January 3, 2013 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
Jan 25, 2013
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Jan 3, 2013
Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, and the Judiciary, 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.
Jan 3, 2013
Introduced in House
 Plain-English summary Congressional Research Service

Free Competition in Currency Act of 2013 - Repeals the federal law establishing U.S. coins, currency, and reserve notes as legal tender for all debts, public charges, taxes, and dues.

Prohibits any tax on any coin, medal, token, or gold, silver, platinum, palladium, or rhodium bullion issued by a state, the United States, a foreign government, or any other person. Prohibits states from assessing any tax or fee on any currency or other monetary instrument that is used in interstate or foreign commerce and that has legal tender status under the Constitution.

Repeals provisions of the federal criminal code relating to uttering coins of gold, silver, or other metal for use as current money and making or possessing likenesses of such coins. Abates any current prosecution under such provisions and nullifies any previous convictions.

What's happening now January 25, 2013

Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

 Committees of jurisdiction 4
 Cosponsors 1
All 1 Republican 1