U.S. Congress - S.1986 Coinage Materials Modernization Act of 2007
S.1986 - Coinage Materials Modernization Act of 2007
A bill to authorize the Secretary of Treasury to prescribe the weights and the compositions of circulating coins, and for other purposes. view all titles (2)
All Bill Titles
- Short: Coinage Materials Modernization Act of 2007 as introduced.
- Official: A bill to authorize the Secretary of Treasury to prescribe the weights and the compositions of circulating coins, and for other purposes. as introduced.
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Official Summary
8/3/2007--Introduced.Coinage Materials Modernization Act of 2007 - Removes restrictions on the weight of, and requirements concerning the metal in, the U.S. half dollar, quarter, dime, nickel, and penny. Requires the Secretary of the Treasury to prescribe the weight and composition of theOfficial Summary
8/3/2007--Introduced.Coinage Materials Modernization Act of 2007 - Removes restrictions on the weight of, and requirements concerning the metal in, the U.S. half dollar, quarter, dime, nickel, and penny. Requires the Secretary of the Treasury to prescribe the weight and composition of the dollar, half dollar, quarter, dime, five-cent, and one-cent coins. (Currently, the Secretary is authorized to prescribe the weight and the composition of copper and zinc in the alloy of the penny in specified circumstances.)
Authorizes the Secretary to prescribe manufacturing tolerances for the nickel and penny.
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