American Eagle Palladium Bullion Coin Act of 2010

Bill: 111-hr-6166
Sponsor: Rep. Rehberg, Denny [R-MT-At Large]
Introduced: 2010-09-22 in the House
Policy area: Finance and Financial Sector
Subjects: Currency
Financial services and investments
Government studies and investigations
Metals

Summary:
action_date: 2010-09-22
text: 
American Eagle Palladium Bullion Coin Act of 2010 - Authorizes the Secretary of the Treasury to mint and issue a $25 palladium bullion investment coin bearing designs that are close likenesses of the work of American coin designer and medallic artist Adolph Alexander Weinman.
 
Requires the obverse to bear a high-relief likeness of the &quot;Winged Liberty&quot; design used on the obverse of the &quot;Mercury dime,&quot; and the reverse a high-relief version of the reverse design of the 1907 American Institute of Architects medal.
 
Requires the coin also to bear other inscriptions, including &quot;Liberty,&quot; &quot;In God We Trust,&quot; and &quot;United States of America.&quot;
 
Allows any U.S. Mint other than the one at West Point, New York, to strike the coins, unless the Secretary of the Treasury decides to issue a proof version, which shall be struck only at West Point.
 
Conditions the minting and issuance of palladium bullion coins upon submission to the Secretary and Congress of a marketing study by a reputable, independent third party: (1) analyzing the market for palladium bullion investments; and (2) demonstrating that there would be adequate demand for such coins to ensure that they could be minted and issued at no net cost to taxpayers.

action_date: 2010-09-29
text: 
American Eagle Palladium Bullion Coin Act of 2010 - Authorizes the Secretary of the Treasury to mint and issue a $25 palladium bullion investment coin bearing designs that are close likenesses of the work of American coin designer and medallic artist Adolph Alexander Weinman.
 
Requires the obverse to bear a high-relief likeness of the &quot;Winged Liberty&quot; design used on the obverse of the &quot;Mercury dime,&quot; and the reverse a high-relief version of the reverse design of the 1907 American Institute of Architects medal.
 
Requires the coin also to bear other inscriptions, including &quot;Liberty,&quot; &quot;In God We Trust,&quot; and &quot;United States of America.&quot;
 
Allows any U.S. Mint other than the one at West Point, New York, to strike the coins, unless the Secretary of the Treasury decides to issue a proof version, which shall be struck only at West Point.
 
Conditions the minting and issuance of palladium bullion coins upon submission to the Secretary and Congress of a marketing study by a reputable, independent third party: (1) analyzing the market for palladium bullion investments; and (2) demonstrating that there would be adequate demand for such coins to ensure that they could be minted and issued at no net cost to taxpayers.

action_date: 2010-11-30
text: 

(This measure has not been amended since it was passed by the House on September 29, 2010. The summary of that version is repeated here.)

 
American Eagle Palladium Bullion Coin Act of 2010 - Authorizes the Secretary of the Treasury to mint and issue a $25 palladium bullion investment coin bearing designs that are close likenesses of the work of American coin designer and medallic artist Adolph Alexander Weinman.
 
Requires the obverse to bear a high-relief likeness of the &quot;Winged Liberty&quot; design used on the obverse of the &quot;Mercury dime,&quot; and the reverse a high-relief version of the reverse design of the 1907 American Institute of Architects medal.
 
Requires the coin also to bear other inscriptions, including &quot;Liberty,&quot; &quot;In God We Trust,&quot; and &quot;United States of America.&quot;
 
Allows any U.S. Mint other than the one at West Point, New York, to strike the coins, unless the Secretary of the Treasury decides to issue a proof version, which shall be struck only at West Point.
 
Conditions the minting and issuance of palladium bullion coins upon submission to the Secretary and Congress of a marketing study by a reputable, independent third party: (1) analyzing the market for palladium bullion investments; and (2) demonstrating that there would be adequate demand for such coins to ensure that they could be minted and issued at no net cost to taxpayers.

action_date: 2010-12-14
text: 

(This measure has not been amended since it was passed by the House on September 29, 2010. The summary of that version is repeated here.)

 
American Eagle Palladium Bullion Coin Act of 2010 - Authorizes the Secretary of the Treasury to mint and issue a $25 palladium bullion investment coin bearing designs that are close likenesses of the work of American coin designer and medallic artist Adolph Alexander Weinman.
 
Requires the obverse to bear a high-relief likeness of the &quot;Winged Liberty&quot; design used on the obverse of the &quot;Mercury dime,&quot; and the reverse a high-relief version of the reverse design of the 1907 American Institute of Architects medal.
 
Requires the coin also to bear other inscriptions, including &quot;Liberty,&quot; &quot;In God We Trust,&quot; and &quot;United States of America.&quot;
 
Allows any U.S. Mint other than the one at West Point, New York, to strike the coins, unless the Secretary of the Treasury decides to issue a proof version, which shall be struck only at West Point.
 
Conditions the minting and issuance of palladium bullion coins upon submission to the Secretary and Congress of a marketing study by a reputable, independent third party: (1) analyzing the market for palladium bullion investments; and (2) demonstrating that there would be adequate demand for such coins to ensure that they could be minted and issued at no net cost to taxpayers.


Legislative actions:
action_date: 2010-12-14
text: Became Public Law No: 111-303.
action_date: 2010-12-14
text: Became Public Law No: 111-303.
action_date: 2010-12-14
text: Signed by President.
action_date: 2010-12-14
text: Signed by President.
action_date: 2010-12-03
text: Presented to President.
action_date: 2010-12-03
text: Presented to President.
action_date: 2010-12-01
text: Message on Senate action sent to the House.
action_date: 2010-11-30
text: Cleared for White House.
action_date: 2010-11-30
text: Passed Senate without amendment by Unanimous Consent.
action_date: 2010-11-30
text: Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
action_date: 2010-11-30
text: Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S8292)
action_date: 2010-11-30
text: Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.(consideration: CR S8292)
action_date: 2010-09-29
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2010-09-29
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2010-09-29
text: On passage Passed without objection.
action_date: 2010-09-29
text: Passed/agreed to in House: On passage Passed without objection.
action_date: 2010-09-29
text: Considered by unanimous consent. (consideration: CR H7313-7314; text of measure as introduced: CR H7313)
action_date: 2010-09-29
text: Committee on Financial Services discharged.
action_date: 2010-09-29
text: Committee on Financial Services discharged.
action_date: 2010-09-29
text: Mr. Watt asked unanimous consent to discharge from committee and consider.
action_date: 2010-09-22
text: Referred to the House Committee on Financial Services.
action_date: 2010-09-22
text: Introduced in House
action_date: 2010-09-22
text: Introduced in House

Enacted as: number: 111-303