Finance and banking
4 evidence matches
Impact 100% Confidence 90%
Finance and Financial Sector
Finance and Financial Sector
Financial Services Committee Standing House
HR 6162 - 111Coin Modernization, Oversight, and Continuity Act of 2010
Became Public Law No: 111-302.
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CBO cost estimate
H.R. 6162, Coin Modernization, Oversight, and Continuity Act of 2010
Sep 29, 2010
Pay-as-you-go table for the bill as provided to CBO by the House Committee on the Budget on September 29, 2010
View CBO source preview
CBO cost estimate
H.R. 6162, Coin Modernization, Oversight, and Continuity Act of 2010
Sep 29, 2010
Pay-as-you-go table for the bill as provided to CBO by the House Committee on the Budget on September 29, 2010
View CBO source preview
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Summary
49 Public Law Dec 15, 2010
(This measure has not been amended since it was passed by the House on September 29, 2010. The summary of that version is repeated here.) Coin Modernization, Oversight, and Continuity Act of 2010 - Requires the Secretary of the Treasury to report biennially to specified congressional committees on production costs for each circulating coin, cost trends, and possible new metallic materials or technologies for the production of circulating coins. Requires detailed recommendations in such reports for: (1) changes to the metallic content of circulating coins; (2) changes in coin production methodology that would further reduce the costs of production; and (3) legislative changes necessary to achieve such goals. Prohibits the Secretary from including any recommendation for specifications: (1) for producing a circulating coin that would require significant change to coin-accepting and coin-handling equipment to accommodate changes to all circulating coins simultaneously; or (2) that would facilitate or allow the use of a coin with a lesser value produced, minted, or issued by another country, or the use of any token or other easily or regularly produced metal device of minimal value, in the place of a circulating coin produced by the Secretary. Authorizes the Secretary, in order to complete the first biennial report and to develop and evaluate the use of new metallic materials for circulating coin production, to: (1) conduct any appropriate testing of appropriate coinage metallic materials; and (2) work with federal and nonfederal entities, including independent research facilities or suppliers of the metallic material used in volume production of circulating coins.
82 Passed Senate without amendment Dec 14, 2010
(This measure has not been amended since it was passed by the House on September 29, 2010. The summary of that version is repeated here.) Coin Modernization, Oversight, and Continuity Act of 2010 - Requires the Secretary of the Treasury to report biennially to specified congressional committees on production costs for each circulating coin, cost trends, and possible new metallic materials or technologies for the production of circulating coins. Requires detailed recommendations in such reports for: (1) changes to the metallic content of circulating coins; (2) changes in coin production methodology that would further reduce the costs of production; and (3) legislative changes necessary to achieve such goals. Prohibits the Secretary from including any recommendation for specifications: (1) for producing a circulating coin that would require significant change to coin-accepting and coin-handling equipment to accommodate changes to all circulating coins simultaneously; or (2) that would facilitate or allow the use of a coin with a lesser value produced, minted, or issued by another country, or the use of any token or other easily or regularly produced metal device of minimal value, in the place of a circulating coin produced by the Secretary. Authorizes the Secretary, in order to complete the first biennial report and to develop and evaluate the use of new metallic materials for circulating coin production, to: (1) conduct any appropriate testing of appropriate coinage metallic materials; and (2) work with federal and nonfederal entities, including independent research facilities or suppliers of the metallic material used in volume production of circulating coins.
36 Passed House amended Dec 14, 2010
Coin Modernization, Oversight, and Continuity Act of 2010 - Requires the Secretary of the Treasury to report biennially to specified congressional committees on production costs for each circulating coin, cost trends, and possible new metallic materials or technologies for the production of circulating coins. Requires detailed recommendations in such reports for: (1) changes to the metallic content of circulating coins; (2) changes in coin production methodology that would further reduce the costs of production; and (3) legislative changes necessary to achieve such goals. Prohibits the Secretary from including any recommendation for specifications: (1) for producing a circulating coin that would require significant change to coin-accepting and coin-handling equipment to accommodate changes to all circulating coins simultaneously; or (2) that would facilitate or allow the use of a coin with a lesser value produced, minted, or issued by another country, or the use of any token or other easily or regularly produced metal device of minimal value, in the place of a circulating coin produced by the Secretary. Authorizes the Secretary, in order to complete the first biennial report and to develop and evaluate the use of new metallic materials for circulating coin production, to: (1) conduct any appropriate testing of appropriate coinage metallic materials; and (2) work with federal and nonfederal entities, including independent research facilities or suppliers of the metallic material used in volume production of circulating coins.
00 Introduced in House Sep 29, 2010
Coin Modernization, Oversight, and Continuity Act of 2010 - Requires the Secretary of the Treasury to report biennially to specified congressional committees on production costs for each circulating coin, cost trends, and possible new metallic materials or technologies for the production of circulating coins. Requires detailed recommendations in such reports for: (1) changes to the metallic content of circulating coins; (2) changes in coin production methodology that would further reduce the costs of production; and (3) legislative changes necessary to achieve such goals. Prohibits the Secretary from including any recommendation for specifications: (1) for producing a circulating coin that would require significant change to coin-accepting and coin-handling equipment to accommodate changes to all circulating coins simultaneously; or (2) that would facilitate or allow the use of a coin with a lesser value produced, minted, or issued by another country, or the use of any token or other easily or regularly produced metal device of minimal value, in the place of a circulating coin produced by the Secretary. Authorizes the Secretary, in order to complete the first biennial report and to develop, evaluate, or begin the use of new metallic materials for circulating coin production, to: (1) conduct any appropriate testing of appropriate coinage metallic materials; and (2) work with federal and nonfederal entities, including independent research facilities or suppliers of the metallic material used in volume production of circulating coins.
Sponsors
MW
Website
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Phone
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Office
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Timeline
Dec 14, 2010
Signed by President.
Dec 14, 2010
Signed by President.
Dec 14, 2010
Became Public Law No: 111-302.
Dec 14, 2010
Became Public Law No: 111-302.
Dec 3, 2010
Presented to President.
Dec 3, 2010
Presented to President.
Dec 1, 2010
Message on Senate action sent to the House.
Nov 30, 2010
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.(consideration: CR S8292)
Nov 30, 2010
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S8292)
Nov 30, 2010
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
Nov 30, 2010
Passed Senate without amendment by Unanimous Consent.
Nov 30, 2010
Cleared for White House.
Sep 29, 2010
Mr. Watt asked unanimous consent to discharge from committee and consider.
Sep 29, 2010
Committee on Financial Services discharged.
Sep 29, 2010
Committee on Financial Services discharged.
Sep 29, 2010
Considered by unanimous consent. (consideration: CR H7312-7313; text of measure as introduced: CR H7312)
Sep 29, 2010
Passed/agreed to in House: On passage Passed without objection.
Sep 29, 2010
On passage Passed without objection.
Sep 29, 2010
Motion to reconsider laid on the table Agreed to without objection.
Sep 29, 2010
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sep 22, 2010
Introduced in House
Sep 22, 2010
Introduced in House
Sep 22, 2010
Referred to the House Committee on Financial Services.
House Votes
No House roll call votes have been linked to this bill yet.
Amendments
111/hamdt/782 Sep 29, 2010
Amendment inserts a complete new text.
On agreeing to the Watt amendment (A001) Agreed to without objection.
Compiled bill record. Bill pages combine Congress.gov source payloads, normalized relationships, cached text analysis, vote links, and deterministic sector/signal extraction. This is not an official government record or legal advice; use the official source link when accuracy matters.