Coin Modernization, Oversight, and Continuity Act of 2010
Latest action · Dec 14, 2010 Became Public Law No: 111-302.
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.
- IntroducedSep 22, 2010
- Passed HouseSep 29, 2010
- Passed SenateNov 30, 2010
- To the PresidentDec 3, 2010
- Became lawDec 14, 2010Public Law 111-302
Summary
(This measure has not been amended since it was passed by the House on September 29, 2010. The summary of that version is repeated here.)
Coin Modernization, Oversight, and Continuity Act of 2010 - Requires the Secretary of the Treasury to report biennially to specified congressional committees on production costs for each circulating coin, cost trends, and possible new metallic materials or technologies for the production of circulating coins. Requires detailed recommendations in such reports for: (1) changes to the metallic content of circulating coins; (2) changes in coin production methodology that would further reduce the costs of production; and (3) legislative changes necessary to achieve such goals.
Prohibits the Secretary from including any recommendation for specifications: (1) for producing a circulating coin that would require significant change to coin-accepting and coin-handling equipment to accommodate changes to all circulating coins simultaneously; or (2) that would facilitate or allow the use of a coin with a lesser value produced, minted, or issued by another country, or the use of any token or other easily or regularly produced metal device of minimal value, in the place of a circulating coin produced by the Secretary.
Authorizes the Secretary, in order to complete the first biennial report and to develop and evaluate the use of new metallic materials for circulating coin production, to: (1) conduct any appropriate testing of appropriate coinage metallic materials; and (2) work with federal and nonfederal entities, including independent research facilities or suppliers of the metallic material used in volume production of circulating coins.
Cosponsors
Members who signed on, in the order they did.
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 Sep 22, 2010Discharged Sep 29, 2010 |
| Senate | Banking, Housing, and Urban Affairs Committee | Referred Sep 30, 2010Discharged Nov 30, 2010 |
Actions 16
Everything that happened, newest first.
- Dec 14, 2010Signed by President.
- Dec 14, 2010Became Public Law No: 111-302.
- Dec 3, 2010Presented to President.
- Dec 1, 2010Message on Senate action sent to the House.
- Nov 30, 2010Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.(consideration: CR S8292)
- Nov 30, 2010Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S8292)
- Nov 30, 2010Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
- Nov 30, 2010Cleared for White House.
- Sep 29, 2010Mr. Watt asked unanimous consent to discharge from committee and consider.
- Sep 29, 2010Committee on Financial Services discharged.
- Sep 29, 2010Considered by unanimous consent. (consideration: CR H7312-7313; text of measure as introduced: CR H7312)
- Sep 29, 2010Passed/agreed to in House: On passage Passed without objection.
- Sep 29, 2010Motion to reconsider laid on the table Agreed to without objection.
- Sep 29, 2010Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sep 22, 2010Introduced in House
- Sep 22, 2010Referred to the House Committee on Financial Services.
In the Congressional Record 3
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 |
|---|---|---|---|
| Senate | Debate and remarks S8392 | Christopher J. Dodd D-CT | Dec 2, 2010 |
| Senate | Debate and remarks S8292 | Sherrod Brown D-OH | Nov 30, 2010 |
| House | Debate and remarks H7312, H7313Text printed H7312Amendments H7312 | Melvin L. Watt D-NC (amendment) | Sep 29, 2010 |
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.
Congressional Budget Office cost estimates 2
- Sep 29, 2010H.R. 6162, Coin Modernization, Oversight, and Continuity Act of 2010<p>Pay-as-you-go table for the bill as provided to CBO by the House Committee on the Budget on September 29, 2010</p>
- Sep 29, 2010H.R. 6162, Coin Modernization, Oversight, and Continuity Act of 2010Pay-as-you-go table for the bill as provided to CBO by the House Committee on the Budget on September 29, 2010
CRS reports 2
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 2
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| IF12293 | Penny: History and Current Status | Resource | Dec 20, 2022 |
| RL34519 | The Uptick Rule: SEC Limit on Short Selling Reconsidered Archived | Report | Mar 24, 2010 |
Amendments 1
Amendments offered to this bill.
| Amendment | Description | Offered by | Status |
|---|---|---|---|
| HAmdt 782 | Amendment inserts a complete new text. | Melvin L. Watt D-NC | On agreeing to the Watt amendment (A001) Agreed to without objection. |
Titles 5
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To provide research and development authority for alternative coinage materials to the Secretary of the Treasury, increase congressional oversight over coin production, and ensure the continuity of certain numismatic items.
- Short Titles as Introduced
- Coin Modernization, Oversight, and Continuity Act of 2010
- Short Titles as Passed House
- Coin Modernization, Oversight, and Continuity Act of 2010
- Short Titles as Enacted
- Coin Modernization, Oversight, and Continuity Act of 2010
- Other Short Titles
- Coin Modernization, Oversight, and Continuity Act of 2010
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 4
Each version as it was printed, newest first.
- —Enrolled Bill
- Sep 29, 2010Referred in Senate
- Sep 29, 2010Engrossed in House
- Sep 22, 2010Introduced 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.
