3.0.0 3305 2023-01-11T13:23:57Z 2023-01-11T13:23:57Z House H HR 2013-10-22 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. FITZPATRICK:H.R. 3305.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, (``The Congress shall have powerto... coin money, regulate the value thereof, and of foreigncoin, and fix the standard of eights and measures.''[Page H6676]]]> hsba00 Financial Services Committee House Standing Referred to 2013-10-22T18:01:25Z Currency Optimization, Innovation, and National Savings Act 113 1105 S 2013-06-06 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2013-10-22 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2013-10-22 Introduced in House IntroReferral Intro-H 9 Library of Congress 2013-10-22 Introduced in House IntroReferral 1000 9 Library of Congress F000451 Rep. Fitzpatrick, Michael G. [R-PA-8] Michael Fitzpatrick R PA G. 8 N F000448 Rep. Franks, Trent [R-AZ-8] Trent Franks R AZ 8 2013-10-22 True G000573 Rep. Garcia, Joe [D-FL-26] Joe Garcia D FL 26 2013-10-22 True B001227 Rep. Brady, Robert A. [D-PA-1] ROBERT BRADY D PA A. 1 2013-10-22 True J000255 Rep. Jones, Walter B., Jr. [R-NC-3] WALTER JONES R NC B. 3 2013-10-22 True M001137 Rep. Meeks, Gregory W. [D-NY-5] GREGORY MEEKS D NY W. 5 2013-10-22 True E000292 Rep. Enyart, William L. [D-IL-12] William Enyart D IL L. 12 2013-10-22 True T000462 Rep. Tiberi, Patrick J. [R-OH-12] PATRICK TIBERI R OH J. 12 2013-10-22 True T000469 Rep. Tonko, Paul [D-NY-20] Paul Tonko D NY 20 2013-10-22 True C000059 Rep. Calvert, Ken [R-CA-42] KEN CALVERT R CA 42 2013-10-30 False S000480 Rep. Slaughter, Louise McIntosh [D-NY-25] LOUISE SLAUGHTER D NY M. 25 2013-11-20 False G000565 Rep. Gosar, Paul A. [R-AZ-4] Paul Gosar R AZ A. 4 2013-11-20 False S000018 Rep. Salmon, Matt [R-AZ-5] MATT SALMON R AZ 5 2014-02-27 False H001051 Rep. Hanna, Richard L. [R-NY-22] Richard Hanna R NY L. 22 2014-03-06 False S001191 Rep. Sinema, Kyrsten [D-AZ-9] Kyrsten Sinema D AZ 9 2014-03-12 False H001048 Rep. Hunter, Duncan D. [R-CA-50] Duncan Hunter R CA D. 50 2014-03-13 False L000579 Rep. Lowenthal, Alan S. [D-CA-47] Alan Lowenthal D CA S. 47 2014-11-12 False Finance and Financial Sector Congressional oversight Currency General Native American affairs matters Government information and archives Finance and Financial Sector 00 2013-10-22 Introduced in House 2013-11-27T22:41:19Z Currency Optimization, Innovation, and National Savings Act - Requires the Board of Governors of the Federal Reserve System (Federal Reserve Board) to sequester all $1 coins bearing the design common to those $1 coins minted and issued from 1979-1981 and again in 1999.

Allows the release of such sequestered coins to collectible coin dealers and countries that have adopted the U.S. dollar as their base unit of exchange.

Directs the Federal Reserve Board to: (1) undertake efforts to improve, and remove barriers to, the circulation of all other $1 coins; and (2) work with the U.S. Mint, consumer groups, media outlets, and schools to publicize the Presidential $1 Coin Program.

Requires the Federal Reserve Board to report to Congress on the Board's efforts to improve the circulation of, and remove barriers to, the circulation of $1 coins bearing Native American designs.

Declares it is U.S. policy that after consumers and retailers are comfortable using and able to obtain adequate supplies of $1 coins, such $1 coins should replace $1 Federal Reserve notes as the only $1 monetary unit issued and circulated by the Federal Reserve System.

]]> Currency Optimization, Innovation, and National Savings Act Display Title Currency Optimization, Innovation, and National Savings Act Official Title as Introduced To improve the circulation of $1 coins, to remove barriers to the circulation of such coins, and for other purposes. Introduced in House IH Short Titles as Introduced Currency Optimization, Innovation, and National Savings Act Introduced in House 2013-10-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr3305ih/xml/BILLS-113hr3305ih.xml 2013-10-22 Referred to the House Committee on Financial Services. 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.