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