[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1021 Introduced in House (IH)]







107th CONGRESS
  1st Session
                                H. R. 1021

 To require the Secretary of the Treasury to redesign Federal reserve 
  notes of all denominations so as to incorporate the preamble to the 
 Constitution of the United States, a list describing the Articles of 
 the Constitution, and a list describing the Articles of Amendment, on 
                   the reverse side of such currency.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 14, 2001

   Mr. Cantor (for himself, Mr. Sisisky, Mr. Wolf, Mr. Tom Davis of 
Virginia, Mr. Moran of Virginia, Mr. Scott, Mr. Schrock, Mr. Goode, Mr. 
 Goodlatte, Mr. Boucher, Mr. Crenshaw, Mrs. Jo Ann Davis of Virginia, 
 Mrs. Myrick, Mr. Platts, Mr. Towns, and Mr. Tancredo) introduced the 
   following bill; which was referred to the Committee on Financial 
                                Services

_______________________________________________________________________

                                 A BILL


 
 To require the Secretary of the Treasury to redesign Federal reserve 
  notes of all denominations so as to incorporate the preamble to the 
 Constitution of the United States, a list describing the Articles of 
 the Constitution, and a list describing the Articles of Amendment, on 
                   the reverse side of such currency.

    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 ``Liberty Bill Act''.

SEC. 2. FINDINGS.

    The Congress finds as follows:
            (1) Many Americans are unaware of the provisions of the 
        Constitution of the United States, one of the most remarkable 
        and important documents in world history.
            (2) An abbreviated version of this important document, 
        consisting of the preamble, a list of the Articles, and a list 
        of the Articles of Amendment, could easily be placed on the 
        reverse side of all Federal reserve notes.
            (3) The placement of an abbreviated version of the 
        Constitution on all Federal reserve notes would serve to remind 
        people of the historical importance of the Constitution and its 
        impact on their lives today.
            (4) Americans would be reminded by the preamble of the 
        blessings of liberty; by the Articles, of the framework of the 
        Government; and by the Articles of Amendment, of the historical 
        changes to the document that forms the very core of the 
        American experience.

SEC. 3. REDESIGN OF REVERSE SIDE OF FEDERAL RESERVE NOTES.

    (a) In General.--Section 5114 of title 31, United States Code, is 
amended by adding at the end the following new subsection:
    ``(d) Liberty Bills.--
            ``(1) In general.--In addition to the requirements of 
        subsection (b) (relating to the inclusion of the inscription 
        `In God We Trust' on all United States currency) and the 8th 
        undesignated paragraph of section 16 of the Federal Reserve 
        Act, the design of the reverse side of all Federal reserve 
        notes shall incorporate the preamble to the Constitution of the 
        United States, a list describing the Articles of the 
        Constitution, and a list describing the Articles of Amendment.
            ``(2) Design.--Subject to paragraph (3), the preamble to 
        the Constitution of the United States and the list describing 
        the Articles of the Constitution shall appear on the reverse 
        side of all Federal reserve notes in the following format 
        (shown as it would appear on the $1 Federal reserve note):
        <GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT>
        
            ``(3) Authority of secretary.--The requirements of this 
        subsection shall not be construed as--
                    ``(A) prohibiting the inclusion of any other 
                inscriptions or material on the reverse side of Federal 
                reserve notes which the Secretary may determine to be 
                necessary or appropriate; or
                    ``(B) limiting any other authority of the Secretary 
                with regard to the design of Federal reserve notes, 
                including the adoption of any design features to deter 
                the counterfeiting of United States currency.''.
    (b) Date of Application.--The amendment made by subsection (a) 
shall apply to all Federal reserve notes which are first placed into 
circulation after December 31, 2001.
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