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Bullion and Collectible Coin Production Efficiency and Cost Savings Act
1/11/2023, 1:27 PM
Congressional Summary of HR 1698
Bullion and Collectible Coin Production Efficiency and Cost Savings Act
(Sec. 2) This bill repeals: (1) the authority of the Secretary of the Treasury to change the design of certain gold bullion coins, and (2) requirements for the protective covering for certain bullion coins.
The copper content requirements for quarter dollar coins are repealed and the silver content is required to be not less than 90%.
Technical revisions are made to the requirements for palladium bullion investment coins.
(Sec. 3) Proof and uncirculated versions of American Eagle silver coins issued during calendar year 2016 shall have a smooth edge incused with a designation that notes the 30th anniversary of the first issue of such coins.
Read the Full Bill
Current Status of Bill HR 1698
Bill HR 1698 is currently in the status of Bill Introduced since March 26, 2015. Bill HR 1698 was introduced during Congress 114 and was introduced to the House on March 26, 2015. Bill HR 1698's most recent activity was Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of June 24, 2015
Bipartisan Support of Bill HR 1698
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 1698
Primary Policy Focus
Finance and Financial SectorPotential Impact Areas
- Commemorative events and holidays
- Currency
- Metals
Alternate Title(s) of Bill HR 1698
Bullion and Collectible Coin Production Efficiency and Cost Savings Act
To amend design and content requirements for certain gold and silver coins, and for other purposes.
Bullion and Collectible Coin Production Efficiency and Cost Savings Act
Bullion and Collectible Coin Production Efficiency and Cost Savings Act
Comments
Sponsors and Cosponsors of HR 1698
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