H.R.2299: Currency Optimization, Innovation, and National Savings Act of 2017

About This Bill

  • Introduced May 2, 2017
  • Latest Major Action May 2, 2017

Bill Version

Bill Summary

Currency Optimization, Innovation, and National Savings Act of 2017 This bill directs the Government Accountability Office to study the production cost of the one-cent coin and ways the production cost could be lowered while maintaining the utility of the coin. The bill provides for the replacement of $1 notes with $1 coins as the only $1 monetary unit in circulation. Treasury will no longer be authorized to issue $1 notes two years after...

(Source: Library of Congress)

Bill Actions

Date Description
May 2, 2017
Referred to the House Committee on Financial Services.
May 2, 2017

Introduced in the House by Claudia Tenney (R-N.Y.)

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