AMERICAN INNOVATION $1 COIN ACT
(House of Representatives - June 27, 2018)

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[Congressional Record Volume 164, Number 108 (Wednesday, June 27, 2018)]
[Pages H5786-H5787]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                    AMERICAN INNOVATION $1 COIN ACT

  Mr. HENSARLING. Mr. Speaker, I ask unanimous consent to take from the 
Speaker's table the bill (H.R. 770) to require the Secretary of the 
Treasury to mint coins in recognition of American innovation and 
significant innovation and pioneering efforts of individuals or groups 
from each of the 50 States, the District of Columbia, and the United 
States territories, to promote the importance of innovation in the 
United States, the District of Columbia, and the United States 
territories, and for other purposes, with the Senate amendment thereto, 
and to concur in the Senate amendment.
  The Clerk read the title of the bill.
  The SPEAKER pro tempore. The Clerk will report the Senate amendment.
  The Clerk read as follows:
  Senate amendment:

       Beginning on page 6, strike line 8 and all that follows 
     through page 8, line 5, and insert the following:
       ``(A) Order of issuance.--
       ``(i) In general.--The coins issued under this subsection 
     commemorating either an innovation, an individual innovator, 
     or a group of innovators, from each State, the District of 
     Columbia, or a territory shall be issued in the following 
     order:

       ``(I) State.--With respect to each State, the coins shall 
     be issued in the order in which the States ratified the 
     Constitution of the United States or were admitted into the 
     Union, as the case may be.
       ``(II) District of columbia and territories.--After all 
     coins are issued under subclause (I), the coins shall be 
     issued for the District of Columbia and the territories in 
     the following order: the District of Columbia, the 
     Commonwealth of Puerto Rico, Guam, American Samoa, the United 
     States Virgin Islands, and the Commonwealth of the Northern 
     Mariana Islands.

       ``(ii) Application in event of the admission of additional 
     states.--Notwithstanding clause (i), if any additional State 
     is admitted

[[Page H5787]]

     into the Union before the end of the 14-year period referred 
     to in paragraph (1), the Secretary of the Treasury may issue 
     a $1 coin with respect to the additional State in accordance 
     with clause (i)(I).
       ``(iii) Application in the event of independence or adding 
     of a territory.--Notwithstanding clause (i)--

       ``(I) if any territory becomes independent or otherwise 
     ceases to be a territory of the United States before $1 coins 
     are minted pursuant to this subsection, the subsection shall 
     cease to apply with respect to such territory; and
       ``(II) if any new territory is added to the United States, 
     $1 coins shall be issued for such territories in the order in 
     which the new the territories are added, beginning after the 
     $1 coin is issued for the Commonwealth of the Northern 
     Mariana Islands.

       ``(B) Issuance of coins commemorating four innovations or 
     innovators during each of 14 years.--
       ``(i) In general.--Four $1 coin designs as described in 
     this subsection shall be issued during each year of the 
     period referred to in paragraph (1) until 1 coin featuring 1 
     innovation, an individual innovator, or a group of 
     innovators, from each of the States, the District of 
     Columbia, and territories has been issued.
       ``(ii) Number of coins of each design.--The Secretary shall 
     prescribe, on the basis of such factors as the Secretary 
     determines to be appropriate, the number of $1 coins that 
     shall be issued with each of the designs selected for each 
     year of the period referred to in paragraph (1).

  Mr. HENSARLING (during the reading). Mr. Speaker, I ask unanimous 
consent to dispense with the reading of the amendment.
  The SPEAKER pro tempore. Is there objection to the request of the 
gentleman from Texas?
  There was no objection.
  The SPEAKER pro tempore. Is there objection to the original request 
of the gentleman from Texas?
  There was no objection.
  A motion to reconsider was laid on the table.

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