Stop the Coin Act

H.R. 220 · 113th Congress · Jan 14, 2013 · Lineage

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.”

Lineage

Jan 14, 2013viewing Introduced in House Mr. Walden (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

Stop the Coin Act

1. Short title

2. Limitation on face value of coins

Cite this provision

Incoming references