3.0.0 4036 2023-01-11T20:22:30Z 2023-01-11T20:22:30Z House H HR 2007-10-31 110 hsba00 Financial Services Committee House Standing hsba19 Domestic Monetary Policy and Technology Subcommittee Referred to 2008-03-25T17:05:31Z Referred to 2007-10-31T14:03:35Z 2008-03-25 hsba19 Domestic Monetary Policy and Technology Subcommittee 1 House committee actions Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology. Committee 2007-10-31 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2007-10-31 Introduced in House IntroReferral Intro-H 9 Library of Congress 2007-10-31 Introduced in House IntroReferral 1000 9 Library of Congress R000580 Rep. Roskam, Peter J. [R-IL-6] Peter Roskam R IL J. 6 N C000243 Rep. Castle, Michael N. [R-DE-At Large] MICHAEL CASTLE R DE N. 0 2007-10-31 True M001147 Rep. McCotter, Thaddeus G. [R-MI-11] Thaddeus McCotter R MI G. 11 2008-01-17 False Finance and Financial Sector Alloys Coins and coinage Congress Congressional reporting requirements Copper Cost control Economics and Public Finance Public Lands and Natural Resources Steel Weights and measures Finance and Financial Sector 00 2007-10-31 Introduced in House 2008-03-05T20:49:04Z 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.

]]> Cents and Sensibility Act Official Title as Introduced 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. Introduced in House IH Display Title Cents and Sensibility Act Short Titles as Introduced Cents and Sensibility Act Introduced in House 2007-10-31T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr4036ih/xml/BILLS-110hr4036ih.xml 2008-03-25 Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.