H.R. 2778: Dollars and Sense 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. Smith, Adam [D-WA-9] · 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.

What does this mean?

Official title

Dollars and Sense Act of 2011

Plain summary

Dollars and Sense Act of 2011 - Repeals the requirement that the Board of Governors of the Federal Reserve System (Federal Reserve Board) and the Secretary of the Treasury ensure that, during an introductory period, all institutions that want unmixed supplies of each newly-issued coin design minted under the Presidential $1 Coin and First Spouse Bullion Coin Programs are able to obtain such unmixed supplies. Reduces, from four to two, the number of presidents honored each year. Postpones the Native American $1 coin series until the termination of the Presidential $1 Coin Program. Limits the aggregate number of presidential coins issued for circulation for any year to the number of $1 coins sold only as numismatic items during the previous calendar year. Limits the availability of the Circulating $1 Coin Direct Ship Program to persons purchasing coins for collection purposes. Expresses the sense of Congress that: (1) the Federal Reserve Board should address the backlog of $1 coins in its vaults by making them as publicly accessible as possible for circulation purposes, and (2) the U.S. Mint should continue producing Sacagawea coins for circulation purposes upon completion of the Presidential $1 Coin Program.

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

Dollars and Sense Act of 2011

Source: Congressional Research Service summary (Introduced in House)

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

Officials and money

Sponsor: Rep. Smith, Adam [D-WA-9] · 2 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Sponsor's campaign money: Rep. Smith, Adam [D-WA-9] reported raising $2.2 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

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-112hr2778.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/112/hr>

Record fed-us-cong112-hr2778 · catalog fed-us-congress-bills-cong112 · updated 2026-11-15 by psicol fed-bills-cong112