Skip to main content
HR 7995 116th Congress House Finance and Financial Sector Congressional oversight Currency Government information and archives Government studies and investigations Metals

Coin Metal Modification Authorization and Cost Savings Act of 2020

Introduced: August 11, 2020 Introduced by: Amodei, Mark E. Republican · Nevada See on congress.gov
 Everywhere this bill has been 11 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 3, 2020
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Dec 2, 2020
Motion to reconsider laid on the table Agreed to without objection.
Dec 2, 2020
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 343 - 41 (Roll no. 228). (text: CR H6037)
Dec 2, 2020
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 343 - 41 (Roll no. 228).(text: CR H6037)
Dec 2, 2020
Considered as unfinished business. (consideration: CR H6039-6040)
Dec 2, 2020
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Dec 2, 2020
DEBATE - The House proceeded with forty minutes of debate on H.R. 7995.
Dec 2, 2020
Considered under suspension of the rules. (consideration: CR H6037-6039)
Dec 2, 2020
Mr. Clay moved to suspend the rules and pass the bill, as amended.
Aug 11, 2020
Referred to the House Committee on Financial Services.
Aug 11, 2020
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Dec 3, 2020 House · vote #228 On Motion to Suspend the Rules and Pass, as Amended Passed 34341 See who voted →
 Plain-English summary Congressional Research Service

Coin Metal Modification Authorization and Cost Savings Act of 2020

This bill authorizes the United States Mint to modify the metallic composition of circulating coins (including by prescribing reasonable manufacturing tolerances with respect to those coins) if a study and analysis conducted by the Mint indicates that the modification will

  • reduce costs incurred by the taxpayers;
  • be seamless, which shall be determined by verifying that the coins will work interchangeably in most coin acceptors using electromagnetic signature technology; and
  • have as minimal an adverse impact as possible on the public and stakeholders.

The Mint must notify Congress before making the modification and provide a justification for the modification.

What's happening now December 3, 2020

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Committees of jurisdiction 2