To amend title 31, United States Code, to prohibit the further minting of 1-cent coins until the Secretary of the Treasury and the Chairman of the Board of Governors of the Federal Reserve System certify in writing that there is not a surplus of 1-cent coins already available for use in transactions, and for other purposes.
Make No Cents Until It Makes Sense Act - Prohibits the Secretary of the Treasury from producing any one-cent coins until the Secretary and the Chairman of the Board of Governors of the Federal Reserve System separately certify, in writing, to specified congressional committees that there is no surplus of one-cent coins anywhere within the United States.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E2370)
Referred to the House Committee on Financial Services.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line