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H.R. 5818: Currency Overhaul for an Industrious Nation (COIN) Act

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H.R. 5818: Currency Overhaul for an Industrious Nation (COIN) Act

109th Congress · introduced 2006-07-17 · Finance and Financial Sector · Latest: Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2006-07-17 · official record
  2. Who proposed it: Rep. Kolbe, Jim [R-AZ-8] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Currency Overhaul for an Industrious Nation (COIN) Act

Plain summary

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.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Currency Overhaul for an Industrious Nation (COIN) Act

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Kolbe, Jim [R-AZ-8] · 5 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Roger F. Wicker (R-MS), Brad Sherman (D-CA)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Sources

Record fed-us-cong109-hr5818 · catalog fed-us-congress-bills-cong109 · updated 2026-11-15 by psicol fed-bills-cong109