There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (07/17/2006)

Currency Overhaul for an Industrious Nation (COIN) Act - Amends federal law governing coins and currency to prescribe requirements for redesign and issuance of commemorative circulating $2 Federal Reserve notes.

Requires selection of a new design for $2 Federal Reserve notes placed into circulation during each year of the five-year periods beginning January 1, 2007.

Authorizes Federal Reserve banks to continue to place into circulation $1 Federal Reserve notes until a date determined according to certain criteria.

Transfers the U.S. Mint and the Bureau of Engraving and Printing to the Federal Reserve Board.

Requires the design and issuance of a circulating quarter dollar honoring the District of Columbia and each of the Territories.