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Treasury Reserve Unveiling Memorable Portrait Act of 2024

H.R. 8620 · 118th Congress · Jun 5, 2024 · Lineage

A BILL

To amend the Federal Reserve Act to require the Secretary of the Treasury to print $500 Federal reserve notes featuring a portrait of the 45th President of the United States.

Section 1 Short title

This Act may be cited as the “Treasury Reserve Unveiling Memorable Portrait Act of 2024” or the “TRUMP Act of 2024”.

Sec. 2 Printing of $500 Federal reserve notes

The 8th undesignated paragraph of section 16 of the Federal Reserve Act (12 U.S.C. 418) is amended by adding at the end the following: “The Secretary of the Treasury shall print Federal reserve notes in the denomination of $500 and, notwithstanding section 5114(b) of title 31, United States Code, such notes shall feature a portrait of the 45th President of the United States.”.