H.R. 6166 (111th): American Eagle Palladium Bullion Coin Act of 2010

Introduced:
Sep 22, 2010 (111th Congress, 2009–2010)
Sponsor:
Rep. Dennis “Denny” Rehberg [R-MT0]
Status:
Signed by the President
Slip Law:
This bill became Pub.L. 111-303.

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was enacted after being signed by the President on December 14, 2010.

Progress
Introduced Sep 22, 2010
Referred to Committee Sep 22, 2010
Passed House Sep 29, 2010
Passed Senate Nov 30, 2010
Signed by the President Dec 14, 2010
Cosponsors
none
Committees

House Financial Services

Senate Banking, Housing, and Urban Affairs

The committee chair determines whether a bill will move past the committee stage.

Full Title

To authorize the production of palladium bullion coins to provide affordable opportunities for investments in precious metals, and for other purposes.

Summary

No summaries available.

Text

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Last updated Jan 01, 2010.
3 pages

Primary Source

View on THOMAS (The Library of Congress)

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Citation

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

12/14/2010--Public Law. (This measure has not been amended since it was passed by the House on September 29, 2010.
The summary of that version is repeated here.) American Eagle Palladium Bullion Coin Act of 2010 - Authorizes the Secretary of the Treasury to mint and issue a $25 palladium bullion investment coin bearing designs that are close likenesses of the work of American coin designer and medallic artist Adolph Alexander Weinman. Requires the obverse to bear a high-relief likeness of the "Winged Liberty" design used on the obverse of the "Mercury dime," and the reverse a high-relief version of the reverse design of the 1907 American Institute of Architects medal.
Requires the coin also to bear other inscriptions, including "Liberty," "In God We Trust," and "United States of America." Allows any U.S. Mint other than the one at West Point, New York, to strike the coins, unless the Secretary of the Treasury decides to issue a proof version, which shall be struck only at West Point. Conditions the minting and issuance of palladium bullion coins upon submission to the Secretary and Congress of a marketing study by a reputable, independent third party:
(1) analyzing the market for palladium bullion investments; and
(2) demonstrating that there would be adequate demand for such coins to ensure that they could be minted and issued at no net cost to taxpayers.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

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