Presidential $1 Coin Act of 2005
Latest action · Apr 28, 2005 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedFeb 17, 2005
- Passed HouseApr 27, 2005
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
(This measure has not been amended since it was reported to the House on April 13, 2005. The summary of that version is repeated here.)
Presidential $1 Coin Act of 2005 - Title I: Presidential $1 Coins - (Sec. 102) Amends Federal monetary law to set forth requirements for the redesign and issuance of circulating $1 coins emblematic of each President of the United States beginning January 1, 2007, and ending when each President who has finished his or her period of service has been so honored.
Requires inscription of the year of minting or issuance of the coin and the inscriptions "E Pluribus Unum" and "In God We Trust" to be edge-incused into the coin in a manner that preserves the distinctive edge of the coin so that the denomination of the coin is readily discernible, including by individuals who are blind or visually impaired.
Prohibits inclusion of a President who has not completed his or her term of service (sitting President).
(Sec. 103) Instructs the Secretary of the Treasury to: (1) issue gold bullion $10 coins emblematic of the spouse of each such President during the same period in which the $1 coins are issued; (2) prescribe the maximum number of bullion coins issued with each design selected; and (3) announce the maximum number of bullion coins that will be issued before the issuance of each such design.
Provides for the design of such a bullion coin in the case of any President who served without a spouse.
Authorizes the Secretary to strike and sell bronze medals that bear the likeness of such authorized bullion coins.
(Sec. 104) Expresses the sense of Congress that: (1) the continued minting and issuance of the so-called "Sacagawea-design" $1 coins will serve as a lasting tribute to the role of women and Native Americans in the history of the United States; (2) the American tradition of not issuing a coin with the image of a living person has served the country well and deserves to be continued as a general practice; (3) the full circulation potential and cost-savings benefit projections for the presidential $1 coin program are not likely to be achieved unless the coins are delivered in ways useful to ordinary commerce; (4) if the Secretary of the Treasury determines to include a mark denoting the U.S. Mint facility at which the coin was struck on any $1 coin minted under this Act, such mark should be edge-incused; (5) at such time as the Board of Governors of the Federal Reserve System determines appropriate, it should separate, sequester, and not put back into circulation, any $1 coin that does not bear the designs specified in this Act; (6) the Director of the U.S. Mint should work to ensure to take all steps necessary to expand the marketplace for bullion coins, and reduce barriers to their sale; and (7) the Board of Governors of the Federal Reserve System and the Secretary of the Treasury should take specified steps to ensure that an adequate supply of $1 coins is available for commerce and collectors.
Title II: Abraham Lincoln Bicentennial 1-Cent Coin Redesign - Instructs the Secretary of the Treasury to issue 1-cent coins during the year 2009, in accordance with prescribed design specifications.
(Sec. 203) Requires the design on the reverse of the 1-cent coins issued after December 31, 2009, to bear an image emblematic of President Lincoln's preservation of the United States of America as a single and united country.
(Sec. 205) Expresses the sense of Congress that the original Victor David Brenner design for the 1-cent coin was a dramatic departure from previous American coinage that should be reproduced, using the original form and relief of the likeness of Abraham Lincoln, on the 1-cent coins issued in 2009.
Recorded votes 1
Newest first. Open one to see how every member voted.
| Roll call | Question | Result | Date |
|---|---|---|---|
| House 136 | On Motion to Suspend the Rules and Pass, as Amended | Passed422–6 | Apr 27, 2005 |
Cosponsors 1
Members who signed on, in the order they did. All signed on Feb 17, 2005.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NY | Carolyn B. Maloney | Original | Feb 17, 2005 |
Committees 2
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Feb 17, 2005Markup Mar 16, 2005Reported Apr 13, 2005 |
| Senate | Banking, Housing, and Urban Affairs Committee | Referred Apr 28, 2005 |
Actions 15
Everything that happened, newest first.
- Apr 28, 2005Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Apr 27, 2005Considered as unfinished business. (consideration: CR H2577)
- Apr 27, 2005Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 422 - 6 (Roll no. 136). (text: CR 4/26/2005 H2495-2498)
- Apr 27, 2005Motion to reconsider laid on the table Agreed to without objection.
- Apr 27, 2005The title of the measure was amended. Agreed to without objection.
- Apr 26, 2005Mr. Castle moved to suspend the rules and pass the bill, as amended.
- Apr 26, 2005Considered under suspension of the rules. (consideration: CR H2495-2500)
- Apr 26, 2005DEBATE - The House proceeded with forty minutes of debate on H.R. 902.
- Apr 26, 2005At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
- Apr 13, 2005Reported (Amended) by the Committee on Financial Services. H. Rept. 109-39.
- Apr 13, 2005Placed on the Union Calendar, Calendar No. 20.
- Mar 16, 2005Committee Consideration and Mark-up Session Held.
- Mar 16, 2005Ordered to be Reported (Amended) by Voice Vote.
- Feb 17, 2005Introduced in House
- Feb 17, 2005Referred to the House Committee on Financial Services.
In the Congressional Record 2
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| House | Recorded votes H2577enact | — | Apr 27, 2005 |
| House | Debate and remarks H2495–H2500Text printed H2495–H2498 | Carolyn B. Maloney D-NY, Earl Pomeroy D-ND, Michael G. Oxley R-OH, Michael N. Castle R-DE | Apr 26, 2005 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Committee report
Congressional Budget Office cost estimates 2
- Apr 12, 2005H.R. 902, Presidential $1 Coin Act of 2005<p>Cost estimate for the bill as ordered reported by the House Committee on Financial Services on March 16, 2005</p>
- Apr 12, 2005H.R. 902, Presidential $1 Coin Act of 2005Cost estimate for the bill as ordered reported by the House Committee on Financial Services on March 16, 2005
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 1047 | Presidential $1 Coin Act of 2005 | Related bill | Dec 22, 2005 |
Titles 5
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To improve circulation of the $1 coin, create a new bullion coin, and for other purposes.
- Official Titles as Amended by House
- To improve circulation of the $1 coin, create a new bullion coin, provide for the redesign of the reverse of the Lincoln 1-cent coin in 2009 in commemoration of the 200th anniversary of the birth of President Abraham Lincoln.
- Short Titles as Introduced
- Presidential $1 Coin Act of 2005
- Short Titles as Reported to House
- Presidential $1 Coin Act of 2005
- Short Titles as Passed House
- Presidential $1 Coin Act of 2005
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
- Blind
- Civil Rights and Liberties, Minority Issues
- Civil rights workers
- Civil War
- Coins and coinage
- Commemorations
- Commerce
- Disabled
- Ex-presidents
- Families
- Finance and Financial Sector
- Gold
- Government Operations and Politics
- Government publicity
- History
- Indian women
- Labeling
- Lincoln Administration
- Minorities
- Money
- Native Americans
- Presidential families
- Vending machines
- West (U.S.)
- Women
- Women's rights
- Women's voting
Text 4
Each version as it was printed, newest first.
- Apr 28, 2005Referred in Senate
- Apr 27, 2005Engrossed in House
- Apr 13, 2005Reported in House
- Feb 17, 2005Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.