HR 1278In committeeFinancehouse

Coin Metal Modification Authorization and Cost Savings Act of 2025

Introduced Feb 13, 2025 by Rep. Mark E. Amodei

IntroducedCommitteeFloorCongressLaw

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Latest action · Feb 13, 2025

Referred to the Committee on Financial Services, and in addition to the Committees on the Budget, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

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What it does

This bill authorizes the United States Mint to modify the metallic composition of circulating coins (including by prescribing reasonable manufacturing tolerances with respect to those coins) if a study and analysis conducted by the Mint indicates that the modification will

reduce costs incurred by the taxpayers;

be seamless, which means that the coins must have the same weight and diameter as current coins and that the coins work interchangeably in most coin acceptors using electromagnetic signature technology; and

have as minimal an adverse impact as possible on the public and stakeholders.

Read the full summary on Congress.gov

Summary by the Congressional Research Service.

Roll-call votes

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