H.R.2535 - American Liberty Coinage and Deficit Reduction Act of 2013113th Congress (2013-2014)
|Sponsor:||Rep. Barr, Andy [R-KY-6] (Introduced 06/27/2013)|
|Committees:||House - Financial Services|
|Latest Action:||06/27/2013 Referred to the House Committee on Financial Services. (All Actions)|
This bill has the status Introduced
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Summary: H.R.2535 — 113th Congress (2013-2014)All Information (Except Text)
Introduced in House (06/27/2013)
American Liberty Coinage and Deficit Reduction Act of 2013 - Directs the Secretary of the Treasury to study the estimated effect of coinage under this Act on the federal budget deficit over the 10-year period beginning on January 1, 2015.
Directs the Secretary, if the study estimates a deficit reduction of $100 million or more, to mint and issue in calendar 2015 and every second ensuing year dime and numismatic half dollar coins, and in calendar 2016 and every second ensuing year quarter dollar coins, meeting specified criteria that commemorate and celebrate American liberty, "the Union," and the American values and attributes of freedom, independence, civil governance, enlightenment, peace, strength, equality, democracy, and justice.
Authorizes the Secretary to mint and issue such coins with a content of .999 fine silver obtained from available resources, including stockpiles established under the Strategic and Critical Materials Stock Piling Act.