[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[S. 1986 Introduced in Senate (IS)]







110th CONGRESS
  1st Session
                                S. 1986

To authorize the Secretary of the Treasury to prescribe the weights and 
     the compositions of circulating coins, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             August 3, 2007

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

_______________________________________________________________________

                                 A BILL


 
To authorize the Secretary of the Treasury to prescribe the weights and 
     the compositions of circulating 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 ``Coinage Materials Modernization Act 
of 2007''.

SEC. 2. WEIGHTS AND COMPOSITIONS OF COINS.

    Section 5112 of title 31, United States Code, is amended--
            (1) in subsection (a)--
                    (A) in paragraph (2), by striking ``and weighs 
                11.34 grams'';
                    (B) in paragraph (3), by striking ``and weighs 5.67 
                grams'';
                    (C) in paragraph (4), by striking ``and weighs 
                2.268 grams'';
                    (D) in paragraph (5), by striking ``and weighs 5 
                grams''; and
                    (E) in paragraph (6)--
                            (i) by striking ``except as provided under 
                        subsection (c) of this section,''; and
                            (ii) by striking ``and weighs 3.11 grams'';
            (2) in subsection (b), by striking the first, second, 
        third, fourth, sixth, seventh, and eighth sentences; and
            (3) by striking subsection (c) and inserting the following:
    ``(c) Weight and Composition.--The Secretary shall prescribe the 
weight and the composition of the dollar, half dollar, quarter dollar, 
dime, 5-cent, and 1-cent coins. In prescribing the weight and the 
composition of the dollar, half dollar, quarter dollar, dime, 5-cent, 
and 1-cent coins, the Secretary shall consider such factors as the 
Secretary considers, in the Secretary's sole discretion, to be 
appropriate.''.

SEC. 3. CONFORMING AMENDMENT.

    Section 5113(a) of title 31, United States Code, is amended--
            (1) by striking ``and dime coins'' and inserting ``dime, 5-
        cent, and 1-cent coins''; and
            (2) by striking the second and third sentences.
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