Coin Metal Modification Authorization and Cost Savings Act of 2025
This bill authorizes the United States Mint to modify the metallic composition of circulating coins (including by prescribing reasonable manufacturing tolerances with respect to those coins) if a study and analysis conducted by the Mint indicates that the modification will
The Mint must notify Congress before making the modification and provide a justification for the modification. Congress may disapprove of any proposed modification through a joint resolution.
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1278 Introduced in House (IH)]
<DOC>
119th CONGRESS
1st Session
H. R. 1278
To amend title 31, United States Code, to save Federal funds by
authorizing changes to the composition of circulating coins, and for
other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
February 13, 2025
Mr. Amodei of Nevada (for himself, Mr. Gottheimer, and Mr. McCormick)
introduced the following bill; which was referred to the Committee on
Financial Services, and in addition to the Committees on the Budget,
and Rules, for a period to be subsequently determined by the Speaker,
in each case for consideration of such provisions as fall within the
jurisdiction of the committee concerned
_______________________________________________________________________
A BILL
To amend title 31, United States Code, to save Federal funds by
authorizing changes to the composition of circulating coins, and for
other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Coin Metal Modification
Authorization and Cost Savings Act of 2025''.
SEC. 2. SAVING FEDERAL FUNDS BY AUTHORIZING CHANGES TO THE COMPOSITION
OF CIRCULATING COINS.
Section 5112 of title 31, United States Code, is amended by adding
at the end the following:
``(x) Composition of Circulating Coins.--
``(1) In general.--Notwithstanding any other provision of
law, the Director of the United States Mint (referred to in
this subsection as the `Director'), in consultation with the
Secretary, may modify the metallic composition of circulating
coins to a new metallic composition (including by prescribing
reasonable manufacturing tolerances with respect to those
coins) if a study and analysis conducted by the United States
Mint, including solicitation of input (including input on
acceptor tolerances and requirements) from industry
stakeholders who could be affected by changes in the
composition of circulating coins, indicates that the
modification will--
``(A) reduce costs incurred by the taxpayers of the
United States;
``(B) be seamless, which shall mean the same
diameter and weight as United States coinage being
minted on the date of enactment of this subsection and
that the coins will work interchangeably in most coin
acceptors using electromagnetic signature technology;
and
``(C) have as minimal an adverse impact as possible
on the public and stakeholders.
``(2) Notification to congress.--On the date that is at
least 90 legislative days before the date on which the Director
begins making a modification described in paragraph (1), the
Director shall submit to Congress notice that--
``(A) provides a justification for the
modification, including the support for that
modification in the study and analysis required under
paragraph (1) with respect to the modification;
``(B) describes how the modification will reduce
costs incurred by the taxpayers of the United States;
``(C) certifies that the modification will be
seamless, as described in paragraph (1)(B); and
``(D) certifies that the modification will have as
minimal an adverse impact as possible on the public and
stakeholders.
``(3) Congressional authority.--The Director may begin
making a modification proposed under this subsection not
earlier than the date that is 90 legislative days after the
date on which the Director submits to Congress the notice
required under paragraph (2) with respect to that modification,
unless Congress, during the period of 90 legislative days
beginning on the date on which the Director submits that
notice--
``(A) finds that the modification is not justified
in light of the information contained in that notice;
and
``(B) enacts a joint resolution of disapproval of
the proposed modification.
``(4) Procedures.--For purpose of paragraph (3)--
``(A) a joint resolution of disapproval is a joint
resolution the matter after the resolving clause of
which is as follows: `That Congress disapproves the
modification submitted by the Director of the United
States Mint.'; and
``(B) the procedural rules in the House of
Representatives and the Senate for a joint resolution
of disapproval described under paragraph (3) shall be
the same as provided for a joint resolution of
disapproval under chapter 8 of title 5, United States
Code.''.
SEC. 3. DETERMINATION OF BUDGETARY EFFECTS.
The budgetary effects of this Act, for the purpose of complying
with the Statutory Pay-As-You-Go Act of 2010, shall be determined by
reference to the latest statement titled ``Budgetary Effects of PAYGO
Legislation'' for this Act, submitted for printing in the Congressional
Record by the Chairman of the House Budget Committee, provided that
such statement has been submitted prior to the vote on passage.
<all>
Introduced in House
Introduced in House
Referred to the Committee on Financial Services, and in addition to the Committees on the Budget, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Financial Services, and in addition to the Committees on the Budget, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Financial Services, and in addition to the Committees on the Budget, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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