[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1322 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 1322

To provide for the minting and circulation of one dollar coins, and for 
                            other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 11, 1993

    Mr. Kolbe (for himself, Mr. Torres, Mr. Poshard, Mr. Hyde, Mr. 
 Montgomery, Mr. Flake, Mr. Mineta, Mr. Stump, Mr. Sabo, Mr. Moakley, 
   Mr. Dreier, Mr. Kildee, Mr. Bonior, Mr. Ramstad, Mr. Packard, Mr. 
 Costello, Mr. Hays, Mr. Porter, Mr. Cox, Mr. LaFalce, Mr. Blackwell, 
Mr. Markey, Mr. McDade, Mr. Murtha, Mr. Weldon, Mr. Petri, Mr. Boucher, 
Mr. Fawell, Mr. Saxton, Mr. Penny, Mr. Gillmor, Mr. Wheat, Mr. McCrery, 
Mr. Zeliff, Mr. Hall of Ohio, Mr. Pickett, Mr. Cunningham, Mr. Boehner, 
 Mr. Hancock, Mr. Walsh, Mr. Emerson, Mr. Dornan, Mrs. Vucanovich, Mr. 
    Hastert, Mr. Bateman, Mr. McHugh, Mr. Bunning, Mr. Hobson, Mr. 
   Sarpalius, Mr. Pastor, Mr. Lantos, Mr. Hefner, Mr. Greenwood, Mr. 
Moran, Mr. Sawyer, Mr. Gordon, Mr. Sisisky, Mr. Ravenel, Mr. Evans, Mr. 
Klug, Mr. Parker, Mr. Goodlatte, Mr. Frost, Mr. Ridge, Mr. Clement, Mr. 
   Hinchey, Mr. Boehlert, Mr. Neal of Massachusetts, Mr. Borski, Ms. 
 Norton, Mr. Payne of Virginia, Mr. Wilson, Mr. Crane, Mr. Ewing, Mr. 
    Bacchus of Florida, Mr. Oxley, Mr. Brewster, Mr. Bilirakis, Mr. 
  Sangmeister, Mr. Cardin, Mr. Torkildsen, Mr. Vento, Mr. Bevill, Mr. 
 Rose, Mr. Santorum, Mr. Holden, Mr. Upton, Mr. Bliley, Mr. Mfume, Mr. 
Peterson of Minnesota, Mr. Shays, Mr. McCloskey, Mr. Inhofe, Mr. Swett, 
  Mr. Hochbrueckner, Mr. Taylor of North Carolina, Mr. Lancaster, Mr. 
 Moorhead, Mr. Richardson, Mr. Sundquist, Mr. Torricelli, Mr. Spratt, 
  Mr. Schaefer, Mr. Grandy, Mr. Stokes, and Mr. Shaw) introduced the 
following bill; which was referred to the Committee on Banking, Finance 
                           and Urban Affairs

_______________________________________________________________________

                                 A BILL


 
To provide for the minting and circulation of one dollar coins, and for 
                            other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``United States One Dollar Coin Act of 
1993''.

SEC. 2. ONE DOLLAR COINS.

    (a) Color and Content.--Section 5112(b) of title 31, United States 
Code, is amended--
            (1) in the 1st sentence, by striking ``dollar,''; and
            (2) by inserting after the 4th sentence, the following new 
        sentence: ``The dollar coin shall be golden in color, have an 
        unreeded edge, have tactile and visual features that make the 
        denomination of the coin readily discernible, be minted and 
        fabricated in the United States, and have similar metallic, 
        anticounterfeiting properties as United States clad coinage in 
        circulation on the date of the enactment of the United States 
        One Dollar Coin Act of 1993.''.
    (b) American Veteran Dollar Coin.--Section 5112(d)(1) of title 31, 
United States Code, is amended by striking the 5th and 6th sentences 
and inserting the following new sentences: ``The reverse side of the 
dollar shall have a design recognizing America's veterans. The 
Secretary of the Treasury shall select an appropriate design for the 
obverse side of the dollar.''.
    (c) Effective Date.--Not later than 18 months after the date of 
enactment of this Act, the Secretary of the Treasury shall place into 
circulation 1 dollar coins authorized under subsection (a)(1) of 
section 5112 of title 31, United States Code, which comply with the 
design requirements of subsections (b) and (d)(1) of such section, as 
amended by subsections (a) and (b) of this section. The Secretary may 
include such coins in any numismatic set produced by the United States 
Mint before the date the coins are placed in circulation.

SEC. 3. CEASING ISSUANCE OF ONE DOLLAR NOTES.

    (a) In General.--After the date that coins described in section 
2(c) are first placed in circulation, no Federal reserve bank may order 
or place into circulation any $1 Federal Reserve note.
    (b) Exception.--The Secretary of the Treasury shall produce only 
such Federal Reserve notes of 1 dollar denomination as are required 
from time to time to meet the needs of collectors of this series. Such 
notes shall be produced in sheets and sold by the Secretary, in whole, 
or in part, at a price that exceeds the face value of the currency by 
an amount that, at a minimum, reimburses the Secretary for the cost of 
production.

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