Summary: S.759 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for S.759. Bill summaries are authored by CRS.

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Introduced in Senate (03/29/2017)

Currency Optimization, Innovation, and National Savings Act of 2017

This bill suspends the production of one-cent coins, other than collectible coins, for a 10-year period. The Government Accountability Office shall study the effect of this temporary suspension and report on whether production should remain suspended.

In addition, the bill provides for: (1) modifications to the composition of the five-cent coin; and (2) the replacement, in circulation, of $1 notes with $1 coins.