Bill
Bill > HR1698
summary
Introduced
03/26/2015
03/26/2015
In Committee
03/26/2015
03/26/2015
Crossed Over
06/24/2015
06/24/2015
Passed
Dead
01/03/2017
01/03/2017
Introduced Session
114th Congress
Bill Summary
Bullion and Collectible Coin Production Efficiency and Cost Savings Act (Sec. 2) This bill repeals: (1) the authority of the Secretary of the Treasury to change the design of certain gold bullion coins, and (2) requirements for the protective covering for certain bullion coins. The copper content requirements for quarter dollar coins are repealed and the silver content is required to be not less than 90%. Technical revisions are made to the requirements for palladium bullion investment coins. (Sec. 3) Proof and uncirculated versions of American Eagle silver coins issued during calendar year 2016 shall have a smooth edge incused with a designation that notes the 30th anniversary of the first issue of such coins.
AI Summary
This bill, titled the Bullion and Collectible Coin Production Efficiency and Cost Savings Act, makes several changes to the production requirements for U.S. coins. Specifically, it removes the Secretary of the Treasury's authority to alter the designs of certain gold bullion coins and eliminates requirements for protective coverings on some bullion coins. For quarter dollar coins, the bill removes existing copper content specifications and mandates that their silver content must be at least 90%. It also makes technical adjustments to the requirements for palladium bullion investment coins. Additionally, proof and uncirculated versions of American Eagle silver coins minted in 2016 will feature a smooth edge with an inscription commemorating the 30th anniversary of their initial release.
Committee Categories
Business and Industry, Housing and Urban Affairs
Sponsors (2)
Last Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 06/24/2015)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/114th-congress/house-bill/1698/all-info | 03/27/2015 |
| BillText | https://www.congress.gov/114/bills/hr1698/BILLS-114hr1698ih.pdf | 07/07/2016 |
| BillText | https://www.congress.gov/114/bills/hr1698/BILLS-114hr1698eh.pdf | 07/07/2016 |
| Bill | https://www.congress.gov/114/bills/hr1698/BILLS-114hr1698ih.pdf.pdf | 07/07/2016 |
| Bill | https://www.congress.gov/114/bills/hr1698/BILLS-114hr1698eh.pdf.pdf | 07/07/2016 |
| BillText | http://gpo.gov/fdsys/pkg/BILLS-114hr1698eh/pdf/BILLS-114hr1698eh.pdf | 06/25/2015 |
| Bill | http://gpo.gov/fdsys/pkg/BILLS-114hr1698eh/pdf/BILLS-114hr1698eh.pdf.pdf | 06/25/2015 |
| BillText | http://gpo.gov/fdsys/pkg/BILLS-114hr1698ih/pdf/BILLS-114hr1698ih.pdf | 04/04/2015 |
| Bill | http://gpo.gov/fdsys/pkg/BILLS-114hr1698ih/pdf/BILLS-114hr1698ih.pdf.pdf | 04/04/2015 |
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