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H.R. 3330, The Coinage Materials Modernization Act of 2007

  • This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Comparing revision saved on August 3, 2007, 18:45:58 (webmaster), with revision saved on October 25, 2007, 18:38:12 (webmaster):

H.R. 3330 would authorize the Secretary of the Treasury to prescribe the weights and the compositions of circulating coins.

== Detailed Summary ==

<summary>
(Log inCoinage Materials Modernization Act of 2007 - Requires the Secretary of the Treasury to editprescribe the wikiweight and becomposition of the firstU.S. dollar, half dollar, quarter dollar, dime, five-cent, and one-cent coins. (Currently, the Secretary is authorized to provide a detailed summaryprescribe the weight and the composition of copper and zinc in the bill!)alloy of the penny in specified circumstances.)

Removes restrictions on the weight of, and requirements concerning the metal in, the half dollar, quarter, dime, nickel, and penny.

Authorizes the Secretary to prescribe manufacturing tolerances for the nickel and penny.

</summary>

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== Status of the Legislation ==

<status>
Latest Major Action: 8/2/2007:9/5/2007: Referred to House committee.subcommittee. Status: Referred to the House CommitteeSubcommittee on Financial Services.Domestic and International Monetary Policy, Trade, and Technology.
</status>

<!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. -->

== Points in Favor ==

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== Points Against ==

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