A bill to amend title 31, United States Code, to permit the Secretary of the Treasury to determine the metal composition of certain coins, and for other purposes.
About This Bill
Committee
Latest Action · June 12, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Currency Evolution Now To Save Act or the CENTS Act
This bill authorizes the Department of the Treasury to prescribe a different composition of materials in the half-dollar, quarter-dollar, dime, or five-cent coin if such action reduces the overall cost of minting the coin and does not affect (1) the diameter and weight of the coin; or (2) the functionality of the coin, including the electromagnetic signature for accepting it.
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