[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[S. 1225 Introduced in Senate (IS)]







107th CONGRESS
  1st Session
                                S. 1225

To require the Secretary of the Treasury to redesign the $1 bill so as 
 to incorporate the preamble to the Constitution of the United States, 
 the Bill of Rights, and a list of the Articles of the Constitution on 
                   the reverse side of such currency.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             July 24, 2001

 Mr. Allen (for himself and Mr. Warner) introduced the following bill; 
which was read twice and referred to the Committee on Banking, Housing, 
                           and Urban Affairs

_______________________________________________________________________

                                 A BILL


 
To require the Secretary of the Treasury to redesign the $1 bill so as 
 to incorporate the preamble to the Constitution of the United States, 
 the Bill of Rights, and a list of the Articles of the Constitution 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 Dollar Bill Act''.

SEC. 2. FINDINGS.

    The Congress finds that--
            (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) a version of this important document, consisting of the 
        preamble, a list of the Articles, and the Bill of Rights, could 
        easily be placed on the reverse side of the $1 Federal reserve 
        note;
            (3) the placement of this version of the Constitution on 
        the $1 Federal reserve note, a unit of currency used daily by 
        virtually all Americans, would serve to remind people of the 
        historical importance of the Constitution and its impact on 
        their lives today; and
            (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 Bill of Rights, of some of the 
        historical changes to the document that forms the very core of 
        the American experience.

SEC. 3. REDESIGN OF REVERSE SIDE OF THE $1 BILL.

    (a) In General.--Section 5114 of title 31, United States Code, is 
amended by adding at the end the following new subsection:
    ``(d) Liberty Dollar 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 eighth 
        undesignated paragraph of section 16 of the Federal Reserve 
        Act, the design of the reverse side of the $1 Federal reserve 
        notes shall incorporate the preamble to the Constitution of the 
        United States, a list of the Articles of the Constitution, and 
        a list of the first 10 amendments to the Constitution.
            ``(2) Design.--Subject to paragraph (3), the preamble of 
        the Constitution of the United States, the list of the Articles 
        of the Constitution, and the first 10 amendments to the 
        Constitution shall appear on the reverse side of the $1 Federal 
        reserve note, in such form as the Secretary deems appropriate.
            ``(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 the $1 
                Federal reserve note that the Secretary may determine 
                to be necessary or appropriate; or
                    ``(B) limiting any other authority of the Secretary 
                with regard to the design of the $1 Federal reserve 
                note, 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 $1 Federal reserve notes that are first placed into 
circulation after December 31, 2001.
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