To suspend the effectiveness of certain regulations relating to the penny, and the authority to prescribe such regulations, and for other purposes.
Coinage Efficiency Act of 2007 - Declares that specified authority of the Director of the U.S. Mint shall cease to apply, and shall have no force or effect, with respect to one-cent coins.
Denies the Secretary of the Treasury authority to prescribe any regulations that would limit or prohibit the export, melting, or treatment of the one-cent coin until such time as the Secretary first issues a one-cent coin with a different metallic content than the one-cent coins issued as of the date of enactment of this Act.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.
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