H.R. 5818 (109th): Currency Overhaul for an Industrious Nation (COIN) Act

Jul 17, 2006 (109th Congress, 2005–2006)
Died (Referred to Committee)
James “Jim” Kolbe
Representative for Arizona's 8th congressional district
Read Text »
Last Updated
Jul 17, 2006
29 pages

This bill was introduced on July 17, 2006, in a previous session of Congress, but was not enacted.

Introduced Jul 17, 2006
Referred to Committee Jul 17, 2006
Full Title

To modernize the legal tender of the United States, and for other purposes.


No summaries available.

5 cosponsors (4R, 1D) (show)

House Financial Services

Domestic Monetary Policy and Technology

House Budget

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

Primary Source

THOMAS.gov (The Library of Congress)

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H.R. stands for House of Representatives bill.

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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.

Currency Overhaul for an Industrious Nation (COIN) Act - Amends federal law governing coins and currency to prescribe requirements for redesign and issuance of commemorative circulating $2 Federal Reserve notes.
Requires selection of a new design for $2 Federal Reserve notes placed into circulation during each year of the five-year periods beginning January 1, 2007.
Authorizes Federal Reserve banks to continue to place into circulation $1 Federal Reserve notes until a date determined according to certain criteria.
Transfers the U.S. Mint and the Bureau of Engraving and Printing to the Federal Reserve Board.
Requires the design and issuance of a circulating quarter dollar honoring the District of Columbia and each of the Territories.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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