Bullion and Collectible Coin Production Efficiency and Cost Savings Act
(Sec. 2) This bill repeals: (1) the authority of the Secretary of the Treasury to change the design of certain gold bullion coins, and (2) requirements for the protective covering for certain bullion coins.
The copper content requirements for quarter dollar coins are repealed and the silver content is required to be not less than 90%.
Technical revisions are made to the requirements for palladium bullion investment coins.
(Sec. 3) Proof and uncirculated versions of American Eagle silver coins issued during calendar year 2016 shall have a smooth edge incused with a designation that notes the 30th anniversary of the first issue of such coins.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Mr. Huizenga (MI) moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H4562-4563)
DEBATE - The House proceeded with forty minutes of debate on H.R. 1698.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H4563)
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4563)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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