I
119THCONGRESS
1
STSESSION H. R. 1278
To amend title 31, United States Code, to save Federal funds by authorizing
changes to the composition of circulating coins, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
FEBRUARY13, 2025
Mr. A
MODEIof Nevada (for himself, Mr. GOTTHEIMER, and Mr. MCCORMICK)
introduced the following bill; which was referred to the Committee on Fi-
nancial Services, and in addition to the Committees on the Budget, and
Rules, for a period to be subsequently determined by the Speaker, in each
case for consideration of such provisions as fall within the jurisdiction of
the committee concerned
A BILL
To amend title 31, United States Code, to save Federal
funds by authorizing changes to the composition of circu-
lating coins, and for other purposes.
Be it enacted by the Senate and House of Representa-1
tives of the United States of America in Congress assembled, 2
SECTION 1. SHORT TITLE. 3
This Act may be cited as the ‘‘Coin Metal Modifica-4
tion Authorization and Cost Savings Act of 2025’’. 5
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SEC. 2. SAVING FEDERAL FUNDS BY AUTHORIZING 1
CHANGES TO THE COMPOSITION OF CIRCU-2
LATING COINS. 3
Section 5112 of title 31, United States Code, is 4
amended by adding at the end the following: 5
‘‘(x) C
OMPOSITION OFCIRCULATINGCOINS.— 6
‘‘(1) I
N GENERAL.—Notwithstanding any other 7
provision of law, the Director of the United States 8
Mint (referred to in this subsection as the ‘Direc-9
tor’), in consultation with the Secretary, may modify 10
the metallic composition of circulating coins to a new 11
metallic composition (including by prescribing rea-12
sonable manufacturing tolerances with respect to 13
those coins) if a study and analysis conducted by the 14
United States Mint, including solicitation of input 15
(including input on acceptor tolerances and require-16
ments) from industry stakeholders who could be af-17
fected by changes in the composition of circulating 18
coins, indicates that the modification will— 19
‘‘(A) reduce costs incurred by the tax-20
payers of the United States; 21
‘‘(B) be seamless, which shall mean the 22
same diameter and weight as United States 23
coinage being minted on the date of enactment 24
of this subsection and that the coins will work 25
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interchangeably in most coin acceptors using 1
electromagnetic signature technology; and 2
‘‘(C) have as minimal an adverse impact as 3
possible on the public and stakeholders. 4
‘‘(2) N
OTIFICATION TO CONGRESS .—On the 5
date that is at least 90 legislative days before the 6
date on which the Director begins making a modi-7
fication described in paragraph (1), the Director 8
shall submit to Congress notice that— 9
‘‘(A) provides a justification for the modi-10
fication, including the support for that modi-11
fication in the study and analysis required 12
under paragraph (1) with respect to the modi-13
fication; 14
‘‘(B) describes how the modification will 15
reduce costs incurred by the taxpayers of the 16
United States; 17
‘‘(C) certifies that the modification will be 18
seamless, as described in paragraph (1)(B); and 19
‘‘(D) certifies that the modification will 20
have as minimal an adverse impact as possible 21
on the public and stakeholders. 22
‘‘(3) C
ONGRESSIONAL AUTHORITY .—The Direc-23
tor may begin making a modification proposed under 24
this subsection not earlier than the date that is 90 25
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legislative days after the date on which the Director 1
submits to Congress the notice required under para-2
graph (2) with respect to that modification, unless 3
Congress, during the period of 90 legislative days 4
beginning on the date on which the Director submits 5
that notice— 6
‘‘(A) finds that the modification is not jus-7
tified in light of the information contained in 8
that notice; and 9
‘‘(B) enacts a joint resolution of dis-10
approval of the proposed modification. 11
‘‘(4) P
ROCEDURES.—For purpose of paragraph 12
(3)— 13
‘‘(A) a joint resolution of disapproval is a 14
joint resolution the matter after the resolving 15
clause of which is as follows: ‘That Congress 16
disapproves the modification submitted by the 17
Director of the United States Mint.’; and 18
‘‘(B) the procedural rules in the House of 19
Representatives and the Senate for a joint reso-20
lution of disapproval described under paragraph 21
(3) shall be the same as provided for a joint 22
resolution of disapproval under chapter 8 of 23
title 5, United States Code.’’. 24
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SEC. 3. DETERMINATION OF BUDGETARY EFFECTS. 1
The budgetary effects of this Act, for the purpose of 2
complying with the Statutory Pay-As-You-Go Act of 2010, 3
shall be determined by reference to the latest statement 4
titled ‘‘Budgetary Effects of PAYGO Legislation’’ for this 5
Act, submitted for printing in the Congressional Record 6
by the Chairman of the House Budget Committee, pro-7
vided that such statement has been submitted prior to the 8
vote on passage. 9
Æ
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