H.R. 2760: Presidential Dollar Coin Efficiency Act of 2011
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H.R. 2760: Presidential Dollar Coin Efficiency Act of 2011
112th Congress · introduced 2011-08-01 · Finance and Financial Sector · Latest: Referred to the Subcommittee on Domestic Monetary Policy and Technology.
federal
Follow this bill, step by step
- Where it came from: introduced 2011-08-01 · official record
- Who proposed it: Rep. Maloney, Carolyn B. [D-NY-14] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Referred to the Subcommittee on Domestic Monetary Policy and Technology. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
Presidential Dollar Coin Efficiency Act of 2011
Plain summary
Presidential Dollar Coin Efficiency Act of 2011 - Repeals the requirement that the Board of Governors of the Federal Reserve System and the Secretary of the Treasury take steps to ensure that designated institutions are able to obtain, during an introductory period, unmixed supplies of newly-issued design of $1 coins. Limits the number of presidential $1 coins produced in a year to the aggregate number of such coins produced for the previous year. Authorizes the Secretary, however, to waive such limitation upon a determination that demand for a particular design during the year will exceed the amount of coins able to be produced under such limitation. Changes from mandatory to discretionary the authority of the Director of the U.S. Mint to work closely with designated entities to ensure adequate publicity regarding inauguration of the presidential $1 Coin Program. Requires the Secretary to reduce the number of $1 coins minted and issued honoring each of the Presidents of the United States and Native Americans until excess stockpiles of $1 coins have been eliminated. Directs the Secretary and the Board to include in their annual joint report to Congress the steps taken to reduce excess stockpiles of $1 coins. Amends the Coin Modernization, Oversight, and Continuity Act of 2010 with respect to testimony before certain congressional committees on required reports on coin production costs and content.
Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.
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A “Yea” vote
If it passes both chambers and is signed, it becomes law.
A “Nay” vote
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What does this mean? (plain words)
Official text
Presidential Dollar Coin Efficiency Act of 2011
Source: Congressional Research Service summary (Introduced in House)
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Alternatives
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Rep. Maloney, Carolyn B. [D-NY-14] · 2 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
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
- Congressional Research Service summary (Introduced in House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-112hr2760.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/112/hr>
Record fed-us-cong112-hr2760 · catalog fed-us-congress-bills-cong112 · updated 2026-11-15 by psicol fed-bills-cong112