S 627 118th Congress Senate Finance and Financial Sector

Cancel the Coin Act

Introduced: March 2, 2023 Introduced by: Lee, Mike Republican · Utah See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Mar 2, 2023

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

Mar 2, 2023

Introduced in Senate

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Plain-English summary Congressional Research Service

Cancel the Coin Act

This bill prohibits the Department of the Treasury from minting or issuing any coin, including platinum bullion coins and proof platinum coins, having a nominal or face value exceeding $200. In addition, Treasury is prohibited from depositing, and the Federal Reserve is prohibited from accepting, any platinum bullion coins or proof platinum coins to be applied to the Treasury's account.

What's happening now March 2, 2023

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

Related & companion bills 1

Bill text 1 version

Introduced in Senate Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Banking, Housing, and Urban Affairs Committee
Senate

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APA

U.S. Congress. (2026). S. 627: Cancel the Coin Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-627/

MLA

"S. 627: Cancel the Coin Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-627/.

Bluebook (legal)

S. 627, 118th Cong. (2026), https://openamerica.io/bill/118-S-627/.

Markdown link

[S. 627: Cancel the Coin Act](https://openamerica.io/bill/118-S-627/)