3.0.0 1105 2023-01-11T13:24:42Z 2023-01-11T13:24:42Z Senate S S 2013-06-06 113 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2013-06-06T16:07:47Z Currency Optimization, Innovation, and National Savings Act 113 3305 HR 2013-10-22 Referred to the House Committee on Financial Services. Related bill CRS 2013-06-06 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2013-06-06 Introduced in Senate IntroReferral 10000 9 Library of Congress H000206 Sen. Harkin, Tom [D-IA] THOMAS HARKIN D IA RICHARD N M000303 Sen. McCain, John [R-AZ] JOHN MCCAIN R AZ SIDNEY 2013-06-06 True C000560 Sen. Coburn, Tom [R-OK] TOM COBURN R OK 2013-06-06 True E000285 Sen. Enzi, Michael B. [R-WY] MICHAEL ENZI R WY B. 2013-06-06 True U000038 Sen. Udall, Mark [D-CO] MARK UDALL D CO 2013-06-06 True Finance and Financial Sector Congressional oversight Currency Government information and archives Finance and Financial Sector 00 2013-06-06 Introduced in Senate 2013-06-13T15:18:08Z 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.

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 A bill to improve the circulation of $1 coins, to remove barrier to the circulation of such coins, and for other purposes. Introduced in Senate IS Short Titles as Introduced Currency Optimization, Innovation, and National Savings Act Introduced in Senate 2013-06-06T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s1105is/xml/BILLS-113s1105is.xml 2013-06-06 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 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.