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Text of the Stop the Coin Act

This bill was introduced on January 14, 2013, in a previous session of Congress, but was not enacted. The text of the bill below is as of Jan 14, 2013 (Introduced).

I

113th CONGRESS

1st Session

H. R. 220

IN THE HOUSE OF REPRESENTATIVES

January 14, 2013

(for himself, Mr. Lance, Mr. Sessions, Mr. Hudson, Mr. Westmoreland, Mr. Holding, Mr. Chaffetz, Mrs. Noem, Mr. Fincher, Mr. Campbell, Mr. Luetkemeyer, Mr. Jones, Mr. Nugent, Mr. Aderholt, Mr. Nunnelee, Mr. Yoder, Mr. Thornberry, Mr. Kinzinger of Illinois, Mr. Latta, and Mr. Miller of Florida) introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To amend section 5112 of title 31, United States Code, to limit the face value of coins that the Secretary of the Treasury may issue, and for other purposes.

1.

Short title

This Act may be cited as the Stop the Coin Act .

2.

Limitation on face value of coins

Section 5112 of title 31, United States Code, is amended—

(1)

in subsection (k)

(A)

by inserting having such nominal, or face, values as the Secretary may determine but not in any case exceeding $200 after platinum coins; and

(B)

by striking denominations,; and

(2)

by adding at the end the following new subsection:

(w)

Limitation on face value

The Secretary may not mint or issue any coin having a nominal, or face, value exceeding $200.

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