Text: H.R.1698 — 114th Congress (2015-2016)All Information (Except Text)

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Referred in Senate (06/24/2015)

1st Session
H. R. 1698


June 24, 2015

Received; read twice and referred to the Committee on Banking, Housing, and Urban Affairs


To amend design and content requirements for certain gold and silver coins, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Bullion and Collectible Coin Production Efficiency and Cost Savings Act”.

SEC. 2. Technical corrections.

Title 31, United States Code, is amended—

(1) in section 5112—

(A) in subsection (q)—

(i) by striking paragraphs (3) and (8); and

(ii) by redesignating paragraphs (4), (5), (6), and (7) as paragraphs (3), (4), (5), and (6), respectively;

(B) in subsection (t)(6)(B), by striking “90 percent silver and 10 percent copper” and inserting “not less than 90 percent silver”; and

(C) in subsection (v)—

(i) in paragraph (1), by striking “Subject to” and all that follows through “the Secretary shall” and inserting “The Secretary shall”;

(ii) in paragraph (2)(A), by striking “The Secretary” and inserting “To the greatest extent possible, the Secretary”;

(iii) in paragraph (5), by inserting after “may issue” the following: “collectible versions of”; and

(iv) by striking paragraph (8); and

(2) in section 5132(a)(2)(B)(i), by striking “90 percent silver and 10 percent copper” and inserting “not less than 90 percent silver”.

SEC. 3. American Eagle Silver Bullion 30th Anniversary.

Proof and uncirculated versions of coins issued by the Secretary of the Treasury pursuant to subsection (e) of section 5112 of title 31, United States Code, during calendar year 2016 shall have a smooth edge incused with a designation that notes the 30th anniversary of the first issue of coins under such subsection.

Passed the House of Representatives June 23, 2015.

    Attest: karen l. haas,   

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