Currency Optimization, Innovation, and National Savings Act of 2017
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Mar 29, 2017)
Currency Optimization, Innovation, and National Savings Act of 2017
This bill suspends the production of one-cent coins, other than collectible coins, for a 10-year period. The Government Accountability Office shall study the effect of this temporary suspension and report on whether production should remain suspended.
In addition, the bill provides for: (1) modifications to the composition of the five-cent coin; and (2) the replacement, in circulation, of $1 notes with $1 coins.
What just happenedMar 29, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
- Introduced in SenateMar 29, 2017
- Mar 29, 2017IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Mar 29, 2017IntroReferral10000
Introduced in Senate