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HR 1123 99th Congress House Finance and Financial Sector Coins and coinage Economics and Public Finance Gold Monetary policy Money Public debt

Liberty Double-Eagle Bullion Coin Act

Introduced: February 19, 1985 See on congress.gov
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This bill died when the 99th Congress ended
It never became law before the 99th Congress (1985–1986) 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
Mar 1, 1985
Referred to Subcommittee on Consumer Affairs and Coinage.
Feb 19, 1985
Referred to House Committee on Banking, Finance and Urban Affairs.
Feb 19, 1985
Introduced in House
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 Plain-English summary Congressional Research Service

Liberty Double-Eagle Bullion Coin Act - Requires the Secretary of the Treasury to mint and issue gold double-eagle coins. Sets forth specifications for and the design of such coins. Makes such coins legal tender.

Permits the sale of such coins at a price equal to the cost of minting and issuing such coins plus a surcharge equal to the amount by which the fair market value of gold bullion held by the United States and used in the minting of the coins exceeds the statutory maximum value of any gold certificates outstanding against the bullion. Requires the revenue from such surcharges to be used to reduce the national debt.

Authorizes appropriations.

What's happening now March 1, 1985

Referred to Subcommittee on Consumer Affairs and Coinage.

 Committees of jurisdiction 2
 Cosponsors 8
All 8 Democratic 6 Republican 2
D
Kaptur, Marcy
Ohio · Apr 15, 1985
 R
Smith, Christopher H.
New Jersey · Apr 15, 1985
 D
Durbin, Richard J.
Illinois · Feb 28, 1985
 D
Wyden, Ron
Oregon · Feb 28, 1985
 D
Hoyer, Steny H.
Maryland · Feb 19, 1985
 D
Markey, Edward J.
Massachusetts · Feb 19, 1985
 R
Rogers, Harold
Kentucky · Feb 19, 1985
 D
Schumer, Charles E.
New York · Feb 19, 1985
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1123: Liberty Double-Eagle Bullion Coin Act. 99th Congress. Open America. https://openamerica.io/bill/99-HR-1123/
MLA
"H.R. 1123: Liberty Double-Eagle Bullion Coin Act." 99th Congress, 2026, Open America, https://openamerica.io/bill/99-HR-1123/.
Bluebook (legal)
H.R. 1123, 99th Cong. (2026), https://openamerica.io/bill/99-HR-1123/.
Markdown link
[H.R. 1123: Liberty Double-Eagle Bullion Coin Act](https://openamerica.io/bill/99-HR-1123/)
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