S.2049: Currency Optimization, Innovation, and National Savings Act

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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
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jan. 31, 2012

Introduced in the Senate by Tom Harkin (D-Iowa)

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