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Cancel the Coin Act
12/15/2023, 4:06 PM
Congressional Summary of S 627
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. In addition, Treasury is prohibited from depositing, and the Federal Reserve is prohibited from accepting, any platinum bullion coins or proof platinum coins to be applied to the Treasury's account.
Current Status of Bill S 627
Bill S 627 is currently in the status of Bill Introduced since March 2, 2023. Bill S 627 was introduced during Congress 118 and was introduced to the Senate on March 2, 2023. Bill S 627's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of March 2, 2023
Bipartisan Support of Bill S 627
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 627
Primary Policy Focus
Finance and Financial SectorComments
Sponsors and Cosponsors of S 627
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