Bill HR 2977 To Improve Circulation of $1 Coins

Currency Optimization, Innovation, and National Savings Act

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Full text copy of a bill introduced on 9-20-2011 to the Committee on Financial Services to: "improve the circulation of $1 coins, to remove barrier to the circulation of such coins, and for other purposes..."

The point: get the U.S. to start using dollar coins - and save $5 billion a year in the process. Includes transitioning out of circulation the Susan B. Anthony dollar.

The bill is sponsored by Jeb Hensarling (R-TX), Blaine Luetkemeyer (R-MO), Jim Renacci (R-OH), and Pat Tiberi (R-OH)...

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Published In: Finance & Banking Updates

Reference Info:Federal, Federal Circuit | United States

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Adrian Lurssen, JD Supra | Attorney Advertising

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