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H.R. 2789: Prevention of Wasteful and Unneeded Coins Act of 2011

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H.R. 2789: Prevention of Wasteful and Unneeded Coins 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

  1. Where it came from: introduced 2011-08-01 · official record
  2. Who proposed it: Rep. Yoder, Kevin [R-KS-3] · 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 Monetary Policy 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

Prevention of Wasteful and Unneeded Coins Act of 2011

Plain summary

Prevention of Wasteful and Unneeded Coins Act of 2011 - Amends federal law governing coins and currency to prohibit, for a 15-year period, the issuance of $1 dollar coins honoring each of the Presidents of the United States. Authorizes the Secretary of the Treasury to resume issuance of such coins if the demand for $1 coins exceeds the number of them held in reserve. Prohibits the Secretary from issuing any $1 coins if it would result in an excess stockpile of $1 coins not in circulation. Repeals the requirement that the number of $1 coins minted and issued in a year with the Sacagawea design on the obverse be at least 20% of the total of such coins. Repeals the requirement that, during an introductory period, all institutions that want to are able to obtain unmixed supplies of each newly-issued design of $1 coins minted under the President $1 and the First Spouse bullion coin programs.

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

Prevention of Wasteful and Unneeded Coins Act of 2011

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. Yoder, Kevin [R-KS-3] · 7 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Tom Cole (R-OK)

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-cong112-hr2789 · catalog fed-us-congress-bills-cong112 · updated 2026-11-15 by psicol fed-bills-cong112