3.0.0 2789 2023-01-11T13:22:32Z 2023-01-11T13:22:32Z House H HR 2011-08-01 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. YODER:H.R. 2789.Congress has the power to enact this legislation pursuantto the following:Article 1 Section 8--Powers of CongressThe Congress shall have Power To lay and collect Taxes,Duties, Imposts and Excises, to pay the Debts and provide forthe common Defence and general Welfare of the United States;but all Duties, Imposts and Excises shall be uniformthroughout the United States; To coin Money, regulate theValue thereof, and of foreign Coin, and fix the Standard ofWeights and Measures;____________________[Page H5888]]]> hsba00 Financial Services Committee House Standing hsba19 Domestic Monetary Policy and Technology Subcommittee Referred to 2011-08-22T18:14:21Z Referred to 2011-08-01T14:08:20Z 2011-08-22 hsba19 Domestic Monetary Policy and Technology Subcommittee 1 House committee actions Referred to the Subcommittee on Domestic Monetary Policy and Technology. Committee 2011-08-01 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2011-08-01 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-08-01 Introduced in House IntroReferral 1000 9 Library of Congress Y000063 Rep. Yoder, Kevin [R-KS-3] Kevin Yoder R KS 3 N P000599 Rep. Posey, Bill [R-FL-15] Bill Posey R FL 15 2011-10-13 False B001274 Rep. Brooks, Mo [R-AL-5] Mo Brooks R AL 5 2011-10-13 False M001134 Rep. Myrick, Sue Wilkins [R-NC-9] SUE MYRICK R NC WILKINS 9 2011-10-13 False P000373 Rep. Pitts, Joseph R. [R-PA-16] JOSEPH PITTS R PA R. 16 2011-10-13 False C001053 Rep. Cole, Tom [R-OK-4] Tom Cole R OK 4 2011-10-13 False J000290 Rep. Jenkins, Lynn [R-KS-2] Lynn Jenkins R KS 2 2011-10-13 False F000460 Rep. Farenthold, Blake [R-TX-27] Blake Farenthold R TX 27 2011-10-13 False Finance and Financial Sector Currency Federal-Indian relations Presidential administrations Finance and Financial Sector 00 2011-08-01 Introduced in House 2011-11-28T21:59:43Z Prevention of Wasteful and Unneeded Coins Act of 2011 - Amends federal law governing coins and currency to prohibit, for a 15-year period, the issuance of $1 dollar coins honoring each of the Presidents of the United States.

Authorizes the Secretary of the Treasury to resume issuance of such coins if the demand for $1 coins exceeds the number of them held in reserve.

Prohibits the Secretary from issuing any $1 coins if it would result in an excess stockpile of $1 coins not in circulation.

Repeals the requirement that the number of $1 coins minted and issued in a year with the Sacagawea design on the obverse be at least 20% of the total of such coins.

Repeals the requirement that, during an introductory period, all institutions that want to are able to obtain unmixed supplies of each newly-issued design of $1 coins minted under the President $1 and the First Spouse bullion coin programs.]]>

Prevention of Wasteful and Unneeded Coins Act of 2011 Display Title Prevention of Wasteful and Unneeded Coins Act of 2011 Official Title as Introduced To amend title 31, United States Code, to suspend the issuance of $1 coins for a 15-year period, or until excess stockpiles are exhausted, and for other purposes. Introduced in House IH Short Titles as Introduced Prevention of Wasteful and Unneeded Coins Act of 2011 Introduced in House 2011-08-01T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr2789ih/xml/BILLS-112hr2789ih.xml 2011-08-22 Referred to the Subcommittee on Domestic Monetary Policy 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.