U.S. Congress - H.R.4036 Cents and Sensibility Act
H.R.4036 - Cents and Sensibility Act
To amend title 31, United States Code, to save the American taxpayers money by immediately altering the metallic composition of the 1-cent coin, to require a prompt review and report, with recommendations, for cost-saving changes in the metallic content of other circulating United States coins, and for other purposes. view all titles (2)
All Bill Titles
- Short: Cents and Sensibility Act as introduced.
- Official: To amend title 31, United States Code, to save the American taxpayers money by immediately altering the metallic composition of the 1-cent coin, to require a prompt review and report, with recommendations, for cost-saving changes in the metallic content of other circulating United States coins, and for other purposes. as introduced.
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Official Summary
10/31/2007--Introduced.Cents and Sensibility Act - Revises the discretionary authority of the Secretary of the Treasury to prescribe the weight and the composition of the alloy of the one-cent coin. Requires that the one-cent coin be: (1) produced primarily of steel; and (2) treated to impOfficial Summary
10/31/2007--Introduced.Cents and Sensibility Act - Revises the discretionary authority of the Secretary of the Treasury to prescribe the weight and the composition of the alloy of the one-cent coin. Requires that the one-cent coin be:
(1) produced primarily of steel; and
(2) treated to impart a copper color to its appearance so that the appearance is similar to one-cent coins produced of a copper-zinc alloy. Exempts from such requirement certain Lincoln Bicentennial numismatic pennies. Requires the Secretary of the Treasury to report to certain congressional committees on a unified plan to change the metallic content of the five-cent, ten-cent, quarter-dollar and half-dollar circulating coins so as to return the ratios between the unit cost to produce such coins and their face value to a point where it is as close as possible to the historic production-cost-to-face-value ratios achieved in the 1980s.
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Recent News Coverage
STATEMENT TO INTRODUCE THE MAKE NO CENTS UNTIL IT MAKES SENSE ACT
Finally, I can understand why Dr. Paul supports Mr. Roskam's bill HR 4036. It may indeed be more cost effective for the Government to use a cheaper metal ...
Statement to Introduce the Make No Cents Until It Makes Sense Act
In the event of a shortage I would urge my colleagues to consider Mr. Roskam's HR 4036, which addresses the cost issue by changing the composition of ...
Recent Blog Coverage
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H.R.4036: National Liberty Memorial Act - U.S. Congress - OpenCongress
Roskam (R-IL) today was pleased to see the passage of HR 5512, the Coin Modernization and Taxpayer Savings Act of 2008, a Democratic bill that contained many provisions authored by Roskam in HR 4036, the Cents and ...
U.S. Constitutionalist: "...for GOD so loved the world" - video ...
... HR 3997 (3); HR 4036 (1); HR 4088 (2); HR 4176 (1); HR 5104 (1); HR 5109 (1); HR 5140 (1); HR 997 (1); humanism (2); hunger (1); identity theft (1); illegal aliens (45); illegal immigration (68); illuminati (5); impeach bush (1) ...
U.S. Constitutionalist: MERRY CHRISTMAS
... HR 3997 (3); HR 4036 (1); HR 4088 (2); HR 4176 (1); HR 5104 (1); HR 5109 (1); HR 5140 (1); HR 997 (1); humanism (2); hunger (1); identity theft (1); illegal aliens (45); illegal immigration (68); illuminati (5); impeach bush (1) ...
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