II

105TH CONGRESS

2D SESSION S. 2053

To require the Secretary of the Treasury to redesign the $1 bill so as

to incorporate the preamble to the Constitution of the United States,

the Bill of Rights, and a list of the Articles of the Constitution on

the reverse side of such currency.

IN THE SENATE OF THE UNITED STATES

MAY 7, 1998

Mr. WARNER introduced the following bill; which was read twice and referred

to the Committee on Banking, Housing, and Urban Affairs

A BILL

To require the Secretary of the Treasury to redesign the

$1 bill so as to incorporate the preamble to the Constitution of the United States, the Bill of Rights, and a

list of the Articles of the Constitution on the reverse

side of such currency.

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 This Act may be cited as the ‘‘Liberty Dollar Bill

5 Act’’.

6 SEC. 2. FINDINGS.

7 The Congress finds as follows:
2

•S 2053 IS

1 (1) Many Americans are unaware of the provi2 sions of the Constitution of the United States, one

3 of the most remarkable and important documents in

4 world history.

5 (2) A version of this important document, con6 sisting of the preamble, a list of the Articles, and

7 the Bill of Rights, could easily be placed on the re8 verse side of the $1 Federal reserve note.

9 (3) The placement of this version of the Con10 stitution on the $1 Federal reserve note, a unit of

11 currency used daily by virtually all Americans, would

12 serve to remind people of the historical importance

13 of the Constitution and its impact on their lives

14 today.

15 (4) Americans would be reminded by the pre16 amble of the blessings of liberty, by the Articles, of

17 the framework of the Government, and by the Bill

18 of Rights, of some of the historical changes to the

19 document that forms the very core of the American

20 experience.

21 SEC. 3. REDESIGN OF REVERSE SIDE OF THE $1 BILL.

22 (a) IN GENERAL.—Section 5114 of title 31, United

23 States Code, is amended by adding at the end the follow24 ing new subsection:

25 ‘‘(d) LIBERTY DOLLAR BILLS.—
3

•S 2053 IS

1 ‘‘(1) IN GENERAL.—In addition to the require2 ments of subsection (b) (relating to the inclusion of

3 the inscription ‘In God We Trust’ on all United

4 States currency) and the eighth undesignated para5 graph of section 16 of the Federal Reserve Act, the

6 design of the reverse side of $1 Federal reserve

7 notes shall incorporate the preamble to the Constitu8 tion of the United States, a list of the Articles of the

9 Constitution, and a list of the first 10 amendments

10 to the Constitution.

11 ‘‘(2) DESIGN.—Subject to paragraph (3), the

12 preamble to the Constitution of the United States,

13 the first 10 amendments to the Constitution, and

14 the list of the Articles of the Constitution shall ap15 pear on the reverse side of the $1 Federal reserve

16 note, in such form as the Secretary deems appro17 priate.

18 ‘‘(3) AUTHORITY OF SECRETARY.—The require19 ments of this subsection shall not be construed as—

20 ‘‘(A) prohibiting the inclusion of any other

21 inscriptions or material on the reverse side of

22 the $1 Federal reserve note that the Secretary

23 may determine to be necessary or appropriate;

24 or
4

•S 2053 IS

1 ‘‘(B) limiting any other authority of the

2 Secretary with regard to the design of the $1

3 Federal reserve note, including the adoption of

4 any design features to deter the counterfeiting

5 of United States currency.’’.

6 (b) DATE OF APPLICATION.—The amendment made

7 by subsection (a) shall apply to $1 Federal reserve notes

8 that are first placed into circulation after December 31,

9 1999.

Æ