A bill to provide that no officer or employee of the United States shall retire, cancel, destroy, or keep out of circulation any Federal Reserve note in the denomination of one dollar.
Dollar Bill Preservation Act - Amends the Federal Reserve Act to prohibit the cancellation, retirement, destruction, or removal from circulation of any dollar bill note, except where necessary to replace mutilated bills. Directs the Board of Governors of the Federal Reserve System to maintain the amount of dollar bills issued at the level outstanding on September 26, 1979.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
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