IIB 

116TH CONGRESS 

2D SESSION H. R. 7995 

IN THE SENATE OF THE UNITED STATES 

DECEMBER 3, 2020 

Received; read twice and referred to the Committee on Banking, Housing, and 

Urban Affairs 

AN ACT 

To amend title 31, United States Code, to save Federal 

funds by authorizing changes to the composition of circulating coins, and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 


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1 SECTION 1. SHORT TITLE. 

2 This Act may be cited as the ‘‘Coin Metal Modifica3 tion Authorization and Cost Savings Act of 2020’’. 

4 SEC. 2. SAVING FEDERAL FUNDS BY AUTHORIZING 

5 CHANGES TO THE COMPOSITION OF CIRCU6 LATING COINS. 

7 Section 5112 of title 31, United States Code, is 

8 amended by adding at the end the following: 

9 ‘‘(x) COMPOSITION OF CIRCULATING COINS.— 

10 ‘‘(1) IN GENERAL.—Notwithstanding any other 

11 provision of law, and subject to the other provisions 

12 of this subsection, the Director of the United States 

13 Mint (referred to in this subsection as the ‘Direc14 tor’), in consultation with the Secretary, may modify 

15 the metallic composition of circulating coins to a new 

16 metallic composition (including by prescribing rea17 sonable manufacturing tolerances with respect to 

18 those coins) if a study and analysis conducted by the 

19 United States Mint, including solicitation of input, 

20 including input on acceptor tolerances and require21 ments, from industry stakeholders who could be af22 fected by changes in the composition of circulating 

23 coins, indicates that the modification will— 

24 ‘‘(A) reduce costs incurred by the tax25 payers of the United States; 


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1 ‘‘(B) be seamless, which shall mean the 

2 same diameter and weight as United States 

3 coinage being minted on the date of enactment 

4 of this subsection and that the coins will work 

5 interchangeably in most coin acceptors using 

6 electromagnetic signature technology; and 

7 ‘‘(C) have as minimal an adverse impact as 

8 possible on the public and stakeholders. 

9 ‘‘(2) NOTIFICATION TO CONGRESS.—On the 

10 date that is at least 90 legislative days before the 

11 date on which the Director begins making a modi12 fication described in paragraph (1), the Director 

13 shall submit to Congress notice that— 

14 ‘‘(A) provides a justification for the modi15 fication, including the support for that modi16 fication in the study and analysis required 

17 under paragraph (1) with respect to the modi18 fication; 

19 ‘‘(B) describes how the modification will 

20 reduce costs incurred by the taxpayers of the 

21 United States; 

22 ‘‘(C) certifies that the modification will be 

23 seamless, as described in paragraph (1)(B); and 


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1 ‘‘(D) certifies that the modification will 

2 have as minimal an adverse impact as possible 

3 on the public and stakeholders. 

4 ‘‘(3) CONGRESSIONAL AUTHORITY.—The Direc5 tor may begin making a modification proposed under 

6 this subsection not earlier than the date that is 90 

7 legislative days after the date on which the Director 

8 submits to Congress the notice required under para9 graph (2) with respect to that modification, unless 

10 Congress, during the period of 90 legislative days 

11 beginning on the date on which the Director submits 

12 that notice— 

13 ‘‘(A) finds that the modification is not jus14 tified in light of the information contained in 

15 that notice; and 

16 ‘‘(B) enacts a joint resolution of dis17 approval of the proposed modification. 

18 ‘‘(4) PROCEDURES.—For purpose of paragraph 

19 (3)— 

20 ‘‘(A) a joint resolution of disapproval is a 

21 joint resolution the matter after the resolving 

22 clause of which is as follows: ‘That Congress 

23 disapproves the modification submitted by the 

24 Director of the United States Mint.’; and 


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1 ‘‘(B) the procedural rules in the House of 

2 Representatives and the Senate for a joint reso3 lution of disapproval described under paragraph 

4 (3) shall be the same as provided for a joint 

5 resolution of disapproval under chapter 8 of 

6 title 5, United States Code.’’. 

7 SEC. 3. DETERMINATION OF BUDGETARY EFFECTS. 

8 The budgetary effects of this Act, for the purpose of 

9 complying with the Statutory Pay-As-You-Go Act of 2010, 

10 shall be determined by reference to the latest statement 

11 titled ‘‘Budgetary Effects of PAYGO Legislation’’ for this 

12 Act, submitted for printing in the Congressional Record 

13 by the Chairman of the House Budget Committee, pro14 vided that such statement has been submitted prior to the 

15 vote on passage. 

Passed the House of Representatives December 2, 

2020. 

Attest: CHERYL L. JOHNSON, 

Clerk. 


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