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Senate Bill 185
117th Congress(2021-2022)
Cancel the Coin Act
Introduced
Introduced
Introduced in Senate on Feb 2, 2021
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Text
Introduced in Senate 
Feb 2, 2021
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Introduced in Senate(Feb 2, 2021)
Feb 2, 2021
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
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S. 185 (Introduced-in-Senate)


117th CONGRESS
1st Session
S. 185


To amend title 31, United States Code, to limit the face value of coins.

IN THE SENATE OF THE UNITED STATES

February 2, 2021

Mr. Lee introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

A BILL

To amend title 31, United States Code, to limit the face value of coins.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Cancel the Coin Act”.

SEC. 2. Limitation on face value of coins.

Section 5112 of title 31, United States Code, is amended—

(1) in subsection (k)—

(A) by inserting “having such nominal, or face, values as the Secretary may determine but not in any case exceeding $200” after “platinum coins”; and

(B) by striking “denominations,”; and

(2) by adding at the end the following new subsection:

“(w) Limitation on face value.—The Secretary may not mint or issue any coin having a nominal, or face, value exceeding $200.”.