Skip to main content
HR 516 114th Congress House Finance and Financial Sector Buy American requirements Currency Metals Public contracts and procurement

Cents and Sensibility Act

Introduced: January 22, 2015 See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 22, 2015
Referred to the House Committee on Financial Services.
Jan 22, 2015
Introduced in House
 Plain-English summary Congressional Research Service

Cents and Sensibility Act

Requires that the one-cent, five-cent, dime, and quarter-dollar coins be: (1) produced primarily of steel, and (2) treated to impart a color so that their appearance is similar to coins produced before enactment of this Act.

Directs the Secretary of the Treasury, in minting such coins, to use only steel produced in the United States unless: (1) the Secretary determines doing so would be inconsistent with the public interest, or (2) an adequate supply of the appropriate grade of steel is not produced in the United States in sufficient and reasonably available quantities.

Prohibits the Secretary, in setting specifications for such coins, from: (1) requiring more than one change to coin-accepting and coin-handling equipment to accommodate all coins produced pursuant to this Act; (2) facilitating or allowing the use of a coin with a lesser value produced by another country, or the use of any token or other easily or regularly produced metal device of minimal value, in the place of a circulating coin produced by the Secretary; or (3) requiring non-trivial changes to coin-accepting or coin-handling equipment to easily accommodate continued co-circulation of both coins produced with the new specifications and coins produced on or before a specified date.

What's happening now January 22, 2015

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1