H.R.2977: Currency Optimization, Innovation, and National Savings Act

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about finance and financial sector
  • Introduced Sept. 20, 2011
  • Latest Major Action Oct. 4, 2011

Bill Summary

Currency Optimization, Innovation, and National Savings Act - Requires the Board of Governors of the Federal Reserve System (Federal Reserve Board) to sequester all $1 coins bearing the design common to those $1 coins minted and issued from 1979-1981 and again in 1999. Allows the release of such sequestered coins to collectible coin dealers and countries that have adopted the U.S. dollar as their base unit of exchange. Directs the Federal...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Domestic Monetary Policy and Technology.
Sept. 20, 2011

Introduced in the House by David Schweikert (R-Ariz.)

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