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H.R. 1698 (114th): Bullion and Collectible Coin Production Efficiency and Cost Savings Act

The text of the bill below is as of Mar 26, 2015 (Introduced).


I

114th CONGRESS

1st Session

H. R. 1698

IN THE HOUSE OF REPRESENTATIVES

March 26, 2015

(for himself and Mrs. Carolyn B. Maloney of New York) introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To amend design and content requirements for certain gold and silver coins, and for other purposes.

1.

Short title

This Act may be cited as the Bullion and Collectible Coin Production Efficiency and Cost Savings Act.

2.

Technical corrections

Title 31, United States Code, is amended—

(1)

in section 5112—

(A)

in subsection (q)—

(i)

by striking paragraphs (3) and (8); and

(ii)

by redesignating paragraphs (4), (5), (6), and (7) as paragraphs (3), (4), (5), and (6), respectively;

(B)

in subsection (t)(6)(B), by striking 90 percent silver and 10 percent copper and inserting not less than 90 percent silver; and

(C)

in subsection (v)—

(i)

in paragraph (1), by striking Subject to and all that follows through the Secretary shall and inserting The Secretary shall;

(ii)

in paragraph (2)(A), by striking The Secretary and inserting To the greatest extent possible, the Secretary;

(iii)

in paragraph (5), by inserting after may issue the following: collectible versions of; and

(iv)

by striking paragraph (8); and

(2)

in section 5132(a)(2)(B)(i), by striking 90 percent silver and 10 percent copper and inserting not less than 90 percent silver.