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119th CONGRESS
1st Session |
To amend the Federal Reserve Act to require the Secretary of the Treasury to print $250 Federal reserve notes featuring a portrait of Donald J. Trump, and for other purposes.
Mr. Wilson of South Carolina (for himself, Mrs. Harshbarger, Mr. Norman, and Mr. Issa) introduced the following bill; which was referred to the Committee on Financial Services
To amend the Federal Reserve Act to require the Secretary of the Treasury to print $250 Federal reserve notes featuring a portrait of Donald J. Trump, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Donald J. Trump $250 Bill Act”.
It is the sense of the Congress that $250 bills with the portrait of Donald J. Trump be printed to commemorate the semiquincentennial of the United States.
SEC. 3. Printing of $250 Federal Reserve notes.
The 8th undesignated paragraph of section 16 of the Federal Reserve Act (12 U.S.C. 418) is amended by adding at the end the following: “Not later than 1 year after the date of the enactment of this sentence, the Secretary of the Treasury shall print Federal reserve notes in the denomination of $250 and such notes shall feature a portrait of Donald J. Trump.”
SEC. 4. Allowing the portrait of living Presidents on United States currency and securities.
Section 5114(b) of title 31, United States Code, is amended by striking “securities.” and inserting “securities, except if the individual is or has been the President of the United States.”