H.R.3314 - A bill to modernize United States circulating coin designs, of which one reverse will have a theme of the Bicentennial of the Constitution.100th Congress (1987-1988)
|Sponsor:||Rep. Rangel, Charles B. [D-NY-16] (Introduced 09/21/1987)|
|Committees:||House - Banking, Finance, and Urban Affairs|
|Latest Action:||House - 09/14/1988 Subcommittee Hearings Held. (All Actions)|
This bill has the status Introduced
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Summary: H.R.3314 — 100th Congress (1987-1988)All Information (Except Text)
Introduced in House (09/21/1987)
Requires U.S. coins to be redesigned, at the discretion of the Secretary of the Treasury, over the next six years. Requires the reverse side of the first coin redesigned to commemorate the bicentennial of the U.S. Constitution for a two-year period.
Requires that any profits from the sale of uncirculated and proof sets of U.S. coins be deposited in the Treasury and used solely to reduce the national debt.