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.
American Eagle Gold Coin Act of 1982 - Directs the Secretary of the Treasury to mint gold coins to be referred to as "American Eagles." Sets forth the specifications for four types of such gold coins.
Declares that coins minted under this Act shall not be legal tender for public debts, public charges, taxes, duties or dues, but may be used for the payment of private debts.
Sets forth the dates by which the Secretary shall begin delivery of such coins.
Sets forth the formula by which the Secretary shall determine the daily price of such coins.
Grants the Secretary the power to:
(1) adjust the seigniorage charge on the sale of all such coins to finance the expenses of minting, delivering, and distributing them; and
(2) regulate or suspend the quantity of coins made available for distribution or suspend their sale.
Permits the exchange of gold bullion for such American Eagle coins.
Permits the Secretary to prescribe necessary regulations.
House Republican Conference Summary
The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.
No summary available.
House Democratic Caucus Summary
The House Democratic Caucus does not provide summaries of bills.
So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.
We’ll be looking for a source of summaries from the other side in the meanwhile.