legislation: 105-s-1038
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
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| bill_id | congress | bill_type | bill_number | title | policy_area | introduced_date | latest_action_date | latest_action_text | origin_chamber | sponsor_name | sponsor_state | sponsor_party | sponsor_bioguide_id | cosponsor_count | summary_text | update_date | url |
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| 105-s-1038 | 105 | s | 1038 | Efficient Currency Act of 1997 | Finance and Financial Sector | 1997-07-21 | 1997-07-21 | Read twice and referred to the Committee on Banking. | Senate | Sen. Grams, Rod [R-MN] | MN | R | G000367 | 1 | Efficient Currency Act of 1997 - Amends Federal currency law to prescribe the color and content of one-dollar coins. Instructs the Secretary of the Treasury to: (1) place certain authorized one-dollar coins into circulation before the government's inventory of Susan B. Anthony one-dollar coins is depleted; and (2) increase capacity at U.S. Mint facilities to a level that permits replacement of one-dollar Federal reserve notes with one-dollar coins minted according to this Act. Prohibits the Federal reserve banks from ordering or placing into circulation one-dollar Federal Reserve notes after the Susan B. Anthony one-dollar coins and one-dollar coins minted according to this Act have reached a specified total in circulation. Directs the Secretary of the Treasury to cease regular production of one-dollar Federal Reserve notes (except for such quantities ordered by the Board of Governors of the Federal Reserve System to meet collectors' needs). | 2025-08-21T16:11:20Z | https://www.congress.gov/bill/105th-congress/senate-bill/1038 |