House Bill 440 - Cancel the Coin Act

Purpose and Summary

Chamber: House

Introduced date: 2023-01-20

Recent Activity

Referred to the House Committee on Financial Services.

Alternative Names

Cancel the Coin Act

Cancel the Coin Act

To amend title 31, United States Code, to limit the face value of coins.

Associated Legislation

Cancel the Coin Act

Policy Areas

Finance and Financial Sector

Potential Impact

Sponsors and Supporters

Rep. Timmons, William R. IV [R-SC-4]

Cosponsors and Supporters

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Committees and Subcommittees

Financial Services Committee

Variations and Revisions

Cancel the Coin Act

12/15/2023, 3:53 PM

Cancel the Coin Act

This bill prohibits the Department of the Treasury from minting or issuing any coin, including platinum bullion coins and proof platinum coins, having a nominal or face value exceeding $200.

Congress
118

Number
HR - 440

Introduced on
2023-01-20

# Amendments
0

Sponsors
+5

Variations and Revisions

1/20/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Cancel the Coin Act

This bill prohibits the Department of the Treasury from minting or issuing any coin, including platinum bullion coins and proof platinum coins, having a nominal or face value exceeding $200.

Alternative Names
Official Title as IntroducedTo amend title 31, United States Code, to limit the face value of coins.

Policy Areas
Finance and Financial Sector

Comments

Recent Activity

Latest Summary3/16/2023

Cancel the Coin Act

This bill prohibits the Department of the Treasury from minting or issuing any coin, including platinum bullion coins and proof platinum coins, having a nominal or face value exceeding $200.


Latest Action1/20/2023
Referred to the House Committee on Financial Services.