Bill > HR1278

This bill provides the Director of the United States Mint with the authority to modify the metallic composition of circulating coins to reduce taxpayer costs, with several important conditions and safeguards. Specifically, the bill allows the Mint Director, in consultation with the Secretary, to change coin metals if a comprehensive study demonstrates that the modification will: reduce costs for U.S. taxpayers, maintain the same diameter and weight as existing coins, and ensure the new coins work in most coin acceptors with minimal negative impact on the public and stakeholders. Before implementing any such change, the Director must submit a detailed notice to Congress at least 90 legislative days in advance, providing justification for the modification, explaining cost savings, certifying the coin's seamless functionality, and detailing potential impacts. Congress then has the opportunity to review and potentially block the proposed modification through a joint resolution of disapproval. The bill aims to provide flexibility in coin production while maintaining transparency and allowing Congressional oversight of potential changes to U.S. currency composition.

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https://www.congress.gov/bill/119th-congress/house-bill/1278/all-info