HR 7995 RFS
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Coin Metal Modifica-
tion Authorization and Cost Savings Act of 2020’’. 
SEC. 
2. 
SAVING 
FEDERAL 
FUNDS 
BY 
AUTHORIZING 
CHANGES TO THE COMPOSITION OF CIRCU-
LATING COINS. 
Section 5112 of title 31, United States Code, is 
amended by adding at the end the following: 
‘‘(x) COMPOSITION OF CIRCULATING COINS.— 
‘‘(1) IN GENERAL.—Notwithstanding any other 
provision of law, and subject to the other provisions 
of this subsection, the Director of the United States 
Mint (referred to in this subsection as the ‘Direc-
tor’), in consultation with the Secretary, may modify 
the metallic composition of circulating coins to a new 
metallic composition (including by prescribing rea-
sonable manufacturing tolerances with respect to 
those coins) if a study and analysis conducted by the 
United States Mint, including solicitation of input, 
including input on acceptor tolerances and require-
ments, from industry stakeholders who could be af-
fected by changes in the composition of circulating 
coins, indicates that the modification will— 
‘‘(A) reduce costs incurred by the tax-
payers of the United States; 
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‘‘(B) be seamless, which shall mean the 
same diameter and weight as United States 
coinage being minted on the date of enactment 
of this subsection and that the coins will work 
interchangeably in most coin acceptors using 
electromagnetic signature technology; and 
‘‘(C) have as minimal an adverse impact as 
possible on the public and stakeholders. 
‘‘(2) NOTIFICATION
TO
CONGRESS.—On the 
date that is at least 90 legislative days before the 
date on which the Director begins making a modi-
fication described in paragraph (1), the Director 
shall submit to Congress notice that— 
‘‘(A) provides a justification for the modi-
fication, including the support for that modi-
fication in the study and analysis required 
under paragraph (1) with respect to the modi-
fication; 
‘‘(B) describes how the modification will 
reduce costs incurred by the taxpayers of the 
United States; 
‘‘(C) certifies that the modification will be 
seamless, as described in paragraph (1)(B); and 
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‘‘(D) certifies that the modification will 
have as minimal an adverse impact as possible 
on the public and stakeholders. 
‘‘(3) CONGRESSIONAL AUTHORITY.—The Direc-
tor may begin making a modification proposed under 
this subsection not earlier than the date that is 90 
legislative days after the date on which the Director 
submits to Congress the notice required under para-
graph (2) with respect to that modification, unless 
Congress, during the period of 90 legislative days 
beginning on the date on which the Director submits 
that notice— 
‘‘(A) finds that the modification is not jus-
tified in light of the information contained in 
that notice; and 
‘‘(B) enacts a joint resolution of dis-
approval of the proposed modification. 
‘‘(4) PROCEDURES.—For purpose of paragraph 
(3)— 
‘‘(A) a joint resolution of disapproval is a 
joint resolution the matter after the resolving 
clause of which is as follows: ‘That Congress 
disapproves the modification submitted by the 
Director of the United States Mint.’; and 
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‘‘(B) the procedural rules in the House of 
Representatives and the Senate for a joint reso-
lution of disapproval described under paragraph 
(3) shall be the same as provided for a joint 
resolution of disapproval under chapter 8 of 
title 5, United States Code.’’. 
SEC. 3. DETERMINATION OF BUDGETARY EFFECTS. 
The budgetary effects of this Act, for the purpose of 
complying with the Statutory Pay-As-You-Go Act of 2010, 
shall be determined by reference to the latest statement 
titled ‘‘Budgetary Effects of PAYGO Legislation’’ for this 
Act, submitted for printing in the Congressional Record 
by the Chairman of the House Budget Committee, pro-
vided that such statement has been submitted prior to the 
vote on passage. 
Passed the House of Representatives December 2, 
2020. 
Attest: 
CHERYL L. JOHNSON, 
Clerk. 
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