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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.
12/13/2007--Introduced. Free Competition in Currency Act of 2007 - Repeals provisions of the federal criminal code relating to uttering coins of gold, silver, or other metal for use as current money and making or possessing likenesses of such coins. Abates any current prosecution under such provisions and nullifies any previous convictions.