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House Bill 5472
117th Congress(2021-2022)
Cancel the Coin Act
Introduced
Introduced
Introduced in House on Sep 30, 2021
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Introduced in House 
Sep 30, 2021
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Introduced in House(Sep 30, 2021)
Sep 30, 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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H. R. 5472 (Introduced-in-House)


117th CONGRESS
1st Session
H. R. 5472


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

IN THE HOUSE OF REPRESENTATIVES

September 30, 2021

Mr. Timmons introduced the following bill; which was referred to the Committee on Financial Services

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:

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