3.0.0 3694 2022-03-01T06:43:08Z 2022-03-01T06:43:08Z House H HR 2011-12-15 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. STIVERS:H.R. 3694.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8--``To coin Money, regulate the Valuethereof, and foreign Coin, and fix the Standard of Weightsand Measures''[Page H9432]]]> hsba00 Financial Services Committee House Standing hsba19 Domestic Monetary Policy and Technology Subcommittee Hearings by 2012-11-29T21:51:51Z Referred to 2012-01-12T20:02:26Z Referred to 2011-12-15T15:01:50Z Cents and Sensibility Act 112 3693 HR 2012-11-29 Subcommittee Hearings Held. Related bill CRS 2012-11-29 hsba19 Domestic Monetary Policy and Technology Subcommittee 1 House committee actions Subcommittee Hearings Held. Committee 2012-04-17 hsba19 Domestic Monetary Policy and Technology Subcommittee 1 House committee actions Subcommittee Hearings Held. Committee 2012-01-12 hsba19 Domestic Monetary Policy and Technology Subcommittee 1 House committee actions Referred to the Subcommittee on Domestic Monetary Policy and Technology. Committee 2011-12-15 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2011-12-15 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-12-15 Introduced in House IntroReferral 1000 9 Library of Congress S001187 Rep. Stivers, Steve [R-OH-15] Steve Stivers R OH 15 N R000577 Rep. Ryan, Tim [D-OH-17] TIM RYAN D OH 17 2011-12-15 True T000462 Rep. Tiberi, Patrick J. [R-OH-12] PATRICK TIBERI R OH J. 12 2011-12-15 True Finance and Financial Sector Buy American requirements Congressional oversight Currency Metals Public contracts and procurement Finance and Financial Sector 00 2011-12-15 Introduced in House 2012-03-13T22:13:18Z Saving Taxpayer Expenditures by Employing Less Imported Nickel Act or STEEL Nickel Act - Amends federal law governing the production of coins to repeal the statutory alloy composition of the 5-cent coin.

Requires that the 5-cent coin be: (1) produced primarily of steel, and (2) treated to impart a color so that its appearance is similar to 5-cent coins produced before enactment of this Act.

Instructs the Secretary of the Treasury, in minting 5-cent coins, to use only steel produced in the United States unless: (1) the Secretary determines doing so would be inconsistent with the public interest, or (2) steel is not produced in the United States in sufficient and reasonably available quantities.

Prohibits the Secretary, in setting specifications for such coin, from: (1) requiring more than one change to coin-accepting and coin-handling equipment to accommodate coins produced pursuant to this Act; (2) facilitating or allowing the use of a coin with a lesser value produced by another country, or the use of any token or other easily or regularly produced metal device of minimal value, in the place of a circulating coin produced by the Secretary; or (3) requiring changes to coin-accepting or coin-handling equipment to accommodate both coins produced with the new specifications and coins produced on or before a specified date.

Directs the Secretary to submit to certain congressional committees the initial report concerning production costs and technologies required by the Coin Modernization, Oversight, and Continuity Act of 2010.

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STEEL Nickel Act Short Titles as Introduced STEEL Nickel Act Short Titles as Introduced Saving Taxpayer Expenditures by Employing Less Imported Nickel Act Display Title STEEL Nickel 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 5-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 2011-12-15T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr3694ih/xml/BILLS-112hr3694ih.xml 2012-11-29 Subcommittee Hearings Held. 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.