[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[S. 661 Introduced in Senate (IS)]







104th CONGRESS
  1st Session
                                 S. 661

 To require the continued availability of $1 Federal reserve notes for 
                              circulation.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

               April 3 (legislative day, March 27), 1995

   Mr. Lott introduced the following bill; which was read twice and 
    referred to the Committee on Banking, Housing, and Urban Affairs

_______________________________________________________________________

                                 A BILL


 
 To require the continued availability of $1 Federal reserve notes for 
                              circulation.

    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 ``Save the Greenback Act''.

SEC. 2. REQUIREMENT TO MAINTAIN MINIMUM AMOUNTS OF $1 FEDERAL RESERVE 
              NOTES IN CIRCULATION.

    Notwithstanding any other provision of law, the Secretary of the 
Treasury and the Board of Governors of the Federal Reserve System shall 
take such actions as may be necessary to ensure that the number of 
Federal reserve notes in the denomination of $1 that are in circulation 
at any time does not decrease below the number of such reserve notes in 
circulation as of the date of enactment of this Act.
                                 <all>