I 

108TH CONGRESS 

2D SESSION H. R. 4962 

To create a commemorative currency program featuring each of the 50 

State capitols or statehouses on the $1 Federal reserve note, and for 

other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

JULY 22, 2004 

Mr. LAMPSON (for himself and Mr. GRIJALVA) introduced the following bill; 

which was referred to the Committee on Financial Services 

A BILL 

To create a commemorative currency program featuring each 

of the 50 State capitols or statehouses on the $1 Federal 

reserve note, 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, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘50 State Capitols Com5 memorative Currency Program’’. 
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1 SEC. 2. 50 STATE CAPITOLS COMMEMORATIVE CURRENCY 

2 PROGRAM. 

3 Section 5114 of title 31, United States Code, is 

4 amended by adding at the end the following new sub5 section: 

6 ‘‘(d) 50 STATE CAPITOLS COMMEMORATIVE CUR7 RENCY PROGRAM.— 

8 ‘‘(1) REDESIGN BEGINNING IN 2005.— 

9 ‘‘(A) IN GENERAL.—In addition to the re10 quirements of subsection (b) (relating to the in11 clusion of the inscription ‘In God We Trust’ on 

12 all United States currency) and the 8th undes13 ignated paragraph of section 16 of the Federal 

14 Reserve Act, during the 10-year period begin15 ning on January 1, 2005, the center panel of 

16 the reverse side of the $1 Federal reserve notes 

17 shall incorporate designs selected in accordance 

18 with this subsection which are emblematic of 

19 the capitols or statehouses of the 50 States. 

20 ‘‘(B) TRANSITION PROVISION.—Notwith21 standing subparagraph (A), the Secretary may 

22 continue to print, and the Board to issue, $1 

23 Federal reserve notes in 2005 which bear the 

24 design in effect before the redesign required 

25 under this subsection as required to ensure a 
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1 smooth transition into the 10-year program 

2 under this subsection. 

3 ‘‘(2) SINGLE STATE DESIGNS.—The design on 

4 the center panel of the reverse side of each $1 Fed5 eral reserve note issued during the 10-year period 

6 referred to in paragraph (1) shall be emblematic of 

7 the capitol or statehouse of 1 of the 50 States. 

8 ‘‘(3) ISSUANCE OF NOTES COMMEMORATING 5

9 STATES DURING EACH OF THE 10 YEARS.— 

10 ‘‘(A) IN GENERAL.—The designs for the 

11 $1 Federal reserve notes issued during each 

12 year of the 10-year period referred to in para13 graph (1) shall be emblematic of 5 States se14 lected in the order in which such States ratified 

15 the Constitution of the United States or were 

16 admitted into the Union, as the case may be. 

17 ‘‘(B) NUMBER OF EACH OF 5 DESIGNS IN

18 EACH YEAR.—Of the $1 Federal reserve notes 

19 issued during each year of the 10-year period 

20 referred to in paragraph (1), the Board shall 

21 prescribe, in accordance with section 16 of the 

22 Federal Reserve Act and on the basis of such 

23 factors as the Board determines to be appro24 priate, the number of $1 Federal reserve notes 
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1 which shall be issued with each of the 5 designs 

2 selected for such year. 

3 ‘‘(4) SELECTION OF DESIGN.— 

4 ‘‘(A) IN GENERAL.—Each of the 50 de5 signs required under this subsection for $1 

6 Federal reserve notes shall be— 

7 ‘‘(i) selected by the Secretary after 

8 consultation with— 

9 ‘‘(I) the Governor of the State 

10 whose capitol or statehouse is being 

11 commemorated, or such other State 

12 officials or group as the State may 

13 designate for such purpose; and 

14 ‘‘(II) the Commission of Fine 

15 Arts; and 

16 ‘‘(ii) reviewed by the Board and the 

17 Citizens Coinage Advisory Committee. 

18 ‘‘(B) SELECTION AND APPROVAL PROC19 ESS.—Designs for $1 Federal reserve notes 

20 may be submitted in accordance with the design 

21 selection and approval process developed by the 

22 Secretary in the sole discretion of the Secretary. 

23 ‘‘(C) PARTICIPATION.—The Secretary may 

24 include participation by State officials, artists 
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1 from the States, engravers of the United States 

2 Mint, and members of the general public. 

3 ‘‘(D) STANDARDS.—Because it is impor4 tant that the Nation’s coinage and currency 

5 bear dignified designs of which the citizens of 

6 the United States can be proud, the Secretary 

7 shall not select any frivolous or inappropriate 

8 design for any $1 Federal reserve note subject 

9 to this subsection. 

10 ‘‘(E) PROHIBITION ON CERTAIN REP11 RESENTATIONS.—No head and shoulders por12 trait or bust of any person, living or dead, and 

13 no portrait of a living person may be included 

14 in the design of a State capitol or statehouse on 

15 any $1 Federal reserve note under this sub16 section. 

17 ‘‘(5) APPLICATION IN EVENT OF THE ADMIS18 SION OF ADDITIONAL STATES.—If any additional 

19 State is admitted into the Union before the end of 

20 the 10-year period referred to in paragraph (1), the 

21 Secretary of the Treasury may print, and the Board 

22 issue, $1 Federal reserve notes, in accordance with 

23 this subsection, with a design which is emblematic of 

24 the capitol or statehouse of such State during any 

25 1 year of such 10-year period, in addition to the $1 
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1 Federal reserve notes issued during such year in ac2 cordance with paragraph (3)(A). 

3 ‘‘(6) DEFINITIONS.—For purposes of this sub4 section, the following definitions shall apply: 

5 ‘‘(A) BOARD.—The term ‘Board’ means 

6 the Board of Governors of the Federal Reserve 

7 System. 

8 ‘‘(B) SECRETARY.—The term ‘Secretary’ 

9 means the Secretary of the Treasury.’’. 

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