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S 1123 99th Congress Senate Finance and Financial Sector Coins and coinage Monetary policy Money

Currency Design Act

Introduced: May 10, 1985 Introduced by: Grassley, Chuck Republican · Iowa See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 10, 1985
Read twice and referred to the Committee on Banking.
May 10, 1985
Introduced in Senate
 Plain-English summary Congressional Research Service

Currency Design Act - Amends the Federal Reserve Act to prohibit the Secretary of the Treasury from adopting any new form, tenor, or design of Federal reserve notes after January 1, 1984, unless such change has been authorized by law.

Prohibits the Secretary from adopting any new design for coins unless it has been authorized by law. Prohibits the Secretary from minting any such new coin unless the design has been approved by the Commission of Fine Arts.

What's happening now May 10, 1985

Read twice and referred to the Committee on Banking.

 Committees of jurisdiction 1