H.R. 2777 · 108th Congress
Currency "Carry Tax" Prohibition Act of 2003
- Stage
- In committee
- Sponsor
- Ron Paul
- Introduced
- 2003-07-17
- Latest action
- 2003-08-04 · Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.
Summary
Currency "Carry Tax" Prohibition Act of 2003 - Amends Federal law governing coins and currency to prohibit the Secretary of the Treasury and the Board of Governors of the Federal Reserve System from: (1) including any information storage capability on United States currency notes; or (2) imposing any fee or penalty for holding such currency notes or Federal reserve notes.