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5/8/2008--Passed House amended. Coin Modernization and Taxpayer Savings Act of 2008 - Requires the one-cent coin (except for Lincoln Bicentennial Numismatic Pennies) to be produced primarily of steel and treated to impart a copper color to its appearance similar to one-cent coins produced of a copper-zinc alloy. Authorizes the Secretary of the Treasury, in the alternative, during the 90 days following enactment of this Act, to add any other element to any alloy of zinc and copper of which one-cent coins could have been composed before enactment of this Act, if during such 90-day period another element is determined to help produce one-cent coins of the same diameter, general composition, and general weight, but at a lower unit cost. Requires a prompt report to Congress if such a determination is made. Directs the Secretary, two years after enactment of this Act, to produce only five-cent coins primarily made of steel with a coating of nickel, unless by that time the unit cost of production of existing five-cent coins is lower than their face value. Requires the Secretary, however, to recommend a different metallic content of circulating five-cent coins if any biennial report to Congress, required by this Act, indicates that such a different metallic content is both functional and interchangeable with existing coins, and more economical to produce in both the short and long term. Authorizes the Secretary, in order to accomplish the goals of this Act, to research, develop, evaluate or begin to use new metallic material for circulating coin production. Requires the Secretary to report biennially to specified congressional committees on the production costs for each circulating coin, cost trends, and possible new metallic materials or technologies for the production of circulating coins, with detailed recommendations for any appropriate changes to the metallic content of circulating coins.

1210564800 2008-05-12 Fri Nov 07 05:24:17 -0600 2008 introduced 49433 'act':6 '2008':8 'coin':1 'save':5 'modern':2 'taxpay':4 57699 false short introduced 49433 'coin':17 'author':2 'circul':16 'purpos':21 'weight':11 'composit':14 'prescrib':9 'treasuri':7 'secretari':4 57539 false official amended by house 49433 '1':8 '5':12 'new':29 'cent':9,13 'coin':14,34,44 'cost':4,46 'metal':30,50 'reduc':2 '1-cent':7 '5-cent':11 'altern':49 'author':16 'circul':33,43 'produc':6 'provid':15 'report':39 'requir':37 'content':31,51 'develop':27 'perform':24 'possibl':48 'product':45 'biennial':38 'congress':41 'research':25 'treasuri':22 'secretari':19 59866 false official passed house 49433 'act':6 '2008':8 'coin':1 'save':5 'modern':2 'taxpay':4 62784 false short action 49433 1210564800 Mon May 12 00:00:00 -0500 2008 160503 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. S001173 315 Cannon House Office Building http://space.house.gov/?sectionid=61&sectiontree=26,61 18 (202) 225-3394 Zachary 'd':4 'oh':5 '-18':6 'rep':1 'zack':9 'space':3,8,11 'zachari':2,7,10 M 412229 Space Zack_Space T. Rep. Zachary Space [D, OH-18] Zack N00027902 6306 Democrat 202-225-6265 OH Zack Zachary Space 4.14285714285714 http://space.house.gov/ F000339 1940-03-31 2252 Rayburn House Office Building http://www.house.gov/writerep 4 202-225-0182 Barney 'd':4 '-4':6 'ma':5 'rep':1 'frank':3,8,10 'barney':2,7,9 M 400140 Frank Barney_Frank Rep. Barney Frank [D, MA-4] N00000275 17438 Democrat 202-225-5931 Jewish MA Barney Frank 2.6241134751773 http://www.house.gov/frank/ G000535 1953-12-10 2266 Rayburn House Office Building http://www.house.gov/writerep 4 202-225-7810 Luis 'd':4 '-4':6 'il':5 'lui':2,7,9 'rep':1 'gutierrez':10 'gutiérrez':3,8 M 400163 Gutiérrez Luis_V._Gutierrez V. Rep. Luis Gutiérrez [D, IL-4] N00004874 8465 Democrat 202-225-8203 Roman Catholic IL Luis Gutierrez 1.84615384615385 http://luisgutierrez.house.gov/ action 49433 1210564800 Mon May 12 00:00:00 -0500 2008 160503 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. action 49433 1210303560 Thu May 08 12:26:00 -0500 2008 156781 The title of the measure was amended. Agreed to without objection. vote 49433 1210303500 Thu May 08 12:25:00 -0500 2008 by voice vote 156780 pass On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. vote h action 49433 1210303500 Thu May 08 12:25:00 -0500 2008 156779 Considered as unfinished business. vote 49433 1210303500 Thu May 08 12:25:00 -0500 2008 by voice vote 160502 pass On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR 5/6/2008 H3096-3097) vote h action 49433 1210109820 Tue May 06 18:37:00 -0500 2008 156274 At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Carter objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was withdrawn. action 49433 1210109100 Tue May 06 18:25:00 -0500 2008 156273 DEBATE - The House proceeded with forty minutes of debate on H.R. 5512. action 49433 1210109100 Tue May 06 18:25:00 -0500 2008 156272 Considered under suspension of the rules. action 49433 1210109040 Tue May 06 18:24:00 -0500 2008 156271 Mr. Gutierrez moved to suspend the rules and pass the bill, as amended. action 49433 1205208000 Tue Mar 11 00:00:00 -0500 2008 155180 Subcommittee Hearings Held. introduced 49433 1204174800 Thu Feb 28 00:00:00 -0600 2008 146373 action 49433 1204174800 Thu Feb 28 00:00:00 -0600 2008 155179 Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology. action 49433 1204174800 Thu Feb 28 00:00:00 -0600 2008 146374 Referred to the House Committee on Financial Services.