Bill Sponsor
House Bill 7995
116th Congress(2019-2020)
Coin Metal Modification Authorization and Cost Savings Act of 2020
Active
Active
Passed House on Dec 2, 2020
Overview
Text
Introduced
Aug 11, 2020
Latest Action
Dec 3, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
7995
Congress
116
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
Republican
Nevada
Democrat
New Jersey
Republican
North Carolina
Republican
Tennessee
House Votes (1)
Senate Votes (0)
checkPassed on December 3, 2020
Question
On Motion to Suspend the Rules and Pass, as Amended
Status
Passed
Type
Roll Call Vote
Roll Call Vote
A vote that records the individual position of each Member who voted. Such votes occurring on the House floor (by the "yeas and nays" or by "recorded vote") are taken by electronic device. The Senate has no electronic voting system; in such votes, Senators answer "yea" or "nay" as the clerk calls each name aloud. Each vote is compiled by clerks and receives a roll call number (referenced in Congress.gov as a "Record Vote" [Senate] or "Roll no." [House]).
Roll Call Type
2/3 Yea-And-Nay
Roll Number
228
House Roll Call Votes
Summary

Coin Metal Modification Authorization and Cost Savings Act of 2020

This bill authorizes the United States Mint to modify the metallic composition of circulating coins (including by prescribing reasonable manufacturing tolerances with respect to those coins) if a study and analysis conducted by the Mint indicates that the modification will

  • reduce costs incurred by the taxpayers;
  • be seamless, which shall be determined by verifying that the coins will work interchangeably in most coin acceptors using electromagnetic signature technology; and
  • have as minimal an adverse impact as possible on the public and stakeholders.

The Mint must notify Congress before making the modification and provide a justification for the modification.

Text (3)
December 3, 2020
December 2, 2020
August 11, 2020
Actions (11)
12/03/2020
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
12/02/2020
Motion to reconsider laid on the table Agreed to without objection.
12/02/2020
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 343 - 41 (Roll no. 228). (text: CR H6037)
12/02/2020
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 343 - 41 (Roll no. 228).(text: CR H6037)
12/02/2020
Considered as unfinished business. (consideration: CR H6039-6040)
12/02/2020
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
12/02/2020
DEBATE - The House proceeded with forty minutes of debate on H.R. 7995.
12/02/2020
Considered under suspension of the rules. (consideration: CR H6037-6039)
12/02/2020
Mr. Clay moved to suspend the rules and pass the bill, as amended.
08/11/2020
Referred to the House Committee on Financial Services.
08/11/2020
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:44:04 PM