II

105TH CONGRESS

1ST SESSION S. 1300

To provide for the minting and circulation of new one dollar coins.

IN THE SENATE OF THE UNITED STATES

OCTOBER 21, 1997

Mr. GRAMS (for himself and Ms. MOSELEY-BRAUN) introduced the following

bill; which was read twice and referred to the Committee on Banking,

Housing, and Urban Affairs

A BILL

To provide for the minting and circulation of new one dollar

coins.

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

3 SECTION 1. SHORT TITLE.

4 (a) SHORT TITLE.—This Act may be cited as the

5 ‘‘United States $1 Coin Act of 1997’’.

6 (b) TABLE OF CONTENTS.—The table of contents for

7 this Act is as follows:
2

S 1300 IS

1 SEC. 2. NEW $1 COIN.

2 (a) WEIGHT.—Section 5112(a) of title 31, United

3 States Code, is amended by striking, ‘‘and weighs 8.1

4 grams.’’

5 (b) COLOR AND CONTENT.—Section 5112(b) of title

6 31, United States Code, is amended—

7 (1) in the first sentence, by striking, ‘‘dollar,’’;

8 and

9 (2) by inserting after the fourth sentence, the

10 following new sentence: ‘‘The dollar coin shall be

11 golden in color, have a distinctive edge, have tactile

12 and visual features that make the denomination of

13 the coin readily discernible, be minted and fabricated

14 in the United States, and have similar metallic, anti15 counterfeiting properties as United States clad coin16 age in circulation on the date of enactment of the

17 United States $1 Coin Act of 1997.’’.

18 (c) DESIGN.—Section 5112(d)(1) of title 31, United

19 States Code, is amended by striking out the fifth and sixth

20 sentences and inserting the following new sentence: ‘‘The

21 Secretary of the Treasury, in consultation with Congress,

22 shall select appropriate designs for the obverse and reverse

23 sides of the dollar coin.’’.

24 (d) PRODUCTION OF NEW DOLLAR COINS.—

25 (1) IN GENERAL.—Upon the depletion of the

26 Government’s supply (as of the date of the enact-
3

S 1300 IS

1 ment of this Act) of $1 coins bearing the likeness of

2 Susan B. Anthony, the Secretary of the Treasury

3 shall place into circulation $1 coins which comply

4 with the requirements of subsections (b) and (d)(1)

5 of section 5112 of title 31, United States Code, as

6 amended by subsections (b) and (c) of this section.

7 The Secretary may include such $1 coins in any nu8 mismatic set produced by the United States Mint

9 before the date on which the $1 coins are placed in

10 circulation.

11 (2) AUTHORITY OF SECRETARY TO CONTINUE

12 PRODUCTION.—If the supply of $1 coins bearing the

13 likeness of Susan B. Anthony is depleted before pro14 duction has begun of $1 coins which bear a design

15 which complies with the requirements of subsections

16 (b) and (d)(1) of section 5112 of title 31, United

17 States Code, as amended by subsections (b) and (c)

18 of this section, the Secretary of the Treasury shall

19 continue to mint and issue $1 coins bearing the like20 ness of Susan B. Anthony in accordance with such

21 section 5112 (as in effect on the day before the date

22 of the enactment of this Act) until such time as pro23 duction begins.
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S 1300 IS

1 SEC. 3. MARKETING PROGRAM.

2 (a) IN GENERAL.—Before placing into circulation $1

3 coins authorized under section 2 of this Act, the Secretary

4 of the Treasury shall adopt a program to promote the use

5 of such coins by commercial enterprises, mass transit au6 thorities, and local, State and Federal Government agen7 cies.

8 (b) STUDY REQUIRED.—The Secretary of the Treas9 ury shall conduct a study on the progress of the marketing

10 program authorized by subsection (a).

11 (c) REPORT.—No later than March 31, 2001, the

12 Secretary of the Treasury shall submit a report to Con13 gress on the results of the study conducted pursuant to

14 subsection (b).

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