S. 1794 · 116th Congress
CENTS Act
- Stage
- In committee
- Sponsor
- Joni Ernst
- Introduced
- 2019-06-12
- Latest action
- 2019-06-12 · Introduced in Senate
Summary
Currency Evolution Now To Save Act or the CENTS Act
This bill authorizes the Department of the Treasury to prescribe a different composition of materials in the half-dollar, quarter-dollar, dime, or five-cent coin if such action reduces the overall cost of minting the coin and does not affect (1) the diameter and weight of the coin; or (2) the functionality of the coin, including the electromagnetic signature for accepting it.