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H.R. 766 (109th): President Ronald Reagan $50 Bill Act


The text of the bill below is as of Feb 10, 2005 (Introduced). The bill was not enacted into law.


HR 766 IH

109th CONGRESS

1st Session

H. R. 766

To require the Secretary of the Treasury to redesign the face of $50 Federal reserve notes so as to include a likeness of President Ronald Wilson Reagan, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

February 10, 2005

Mr. KLINE (for himself, Mr. SOUDER, Mr. MCHENRY, Mr. BARTLETT of Maryland, Mr. TANCREDO, Mr. GARRETT of New Jersey, Mr. POE, Mr. AKIN, Mr. HERGER, Mr. PENCE, Mr. GRAVES, and Mr. HENSARLING) introduced the following bill; which was referred to the Committee on Financial Services


A BILL

To require the Secretary of the Treasury to redesign the face of $50 Federal reserve notes so as to include a likeness of President Ronald Wilson Reagan, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the `President Ronald Reagan $50 Bill Act'.

SEC. 2. LIKENESS OF PRESIDENT REAGAN REQUIRED TO BE INCLUDED ON THE FACE OF $50 FEDERAL RESERVE NOTES.

    The 8th undesignated paragraph of section 16 of the Federal Reserve Act (12 U.S.C. 418) is amended by adding at the end the following new sentence: `The face of $50 Federal reserve notes printed after December 31, 2005, shall bear the likeness of President Ronald Wilson Reagan'.