 H.R.4127
Make No Cents Until It Makes Sense Act
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.
 5 Total Points
Summary
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. What do you think?
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Legislation Detail
 Viewed 117 times.
Legislation Slant
Latest Action:
Referred to House committee. Status: Referred to the House Committee on Financial Services.
This action occurred on Thursday, November 8, 2007 and earned 5 points.
Legislative Progress
Introduced in the House on November 8, 2007
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