Latest Action: 07/16/2008 - Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 885.

Bill Text
To require the Secretary of the Treasury to mint coins in commemoration of the 50th anniversary of the establishment of the National Aeronautics and Space Administration. 7/15/2008--Passed House without amendment.    (There is 1 other summary) (This measure has not been amended since it was introduced. The summary of that version is repeated here.) NASA 50th Anniversary Commemorative Coin Act - Directs the Secretary of the Treasury, in commemoration of the 50th anniversary of the establishment of the National Aeronautics and Space Administration (NASA), to mint and issue $50 gold and $1 silver coins emblematic of the 50 years of exemplary and unparalleled achievements of NASA. Requires all such coin sales to include a surcharge of $50 per $50 coin, and of $10 per $1 coin. Requires distribution of the first $4 million to the NASA Family Assistance Fund for financial assistance to the families of NASA personnel who die as a result [...]

show full description
Latest Action: 04/28/2008 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Bill Text
A bill to authorize the production of Saint-Gaudens Double Eagle ultra-high relief bullion coins in palladium to provide affordable opportunities for investments in precious metals, and for other purposes. 4/28/2008--Introduced. Original Saint-Gaudens Double Eagle Ultra-High Relief Bullion Coin Act - Permits the Secretary of the Treasury to mint and issue a $20 coin that bears, on the obverse and reverse, the designs of the famous 27-millimeter version of the 1907 Augustus Saint-Gaudens Double Eagle ultra-high relief gold piece.Authorizes the Secretary to commence minting and issuing such coins for sale, beginning January 1, 2009.Prohibits the coins, regardless of the composition, from being made available as so-called "fractional" coins.States that no more than 25,000 shall be available for sale in a special "Golden Age of American Coinage" set.Requires the Secretary to take specified protective and anti-counterfeiting measures.[...]

show full description
Latest Action: 10/03/2008 - Mr. Skelton asked unanimous consent to discharge from committee and consider.

Bill Text
To require the Secretary of the Treasury to mint coins in recognition and celebration of the establishment of the United States Army in 1775, to honor the American soldier of both today and yesterday, in wartime and in peace, and to commemorate the traditions, history, and heritage of the United States Army and its role in American society, from the Colonial period to today. 4/8/2008--Introduced. United States Army Commemorative Coin Act of 2008 - Instructs the Secretary of the Treasury to mint and issue $5 gold coins, $1 silver coins, and half dollar clad coins as numismatic items emblematic of the traditions, history, and heritage of the U.S. Army, and its role in American society from the Colonial period to today. Requires the design for such coins to contain motifs that honor specifically the American soldier of both today and yesterday, in wartime and in peace, consistent with the traditions and heritage of the U.S. Army, the mission and goals of the National Museum [...]

show full description
Latest Action: 05/19/2008 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Bill Text
To authorize the production in palladium of Saint-Gaudens Double Eagle coins as ultra-high relief numismatic coins and bullion investment coins in order to provide affordable opportunities for investments in precious metals, and for other purposes 5/15/2008--Passed House amended.    (There is 1 other summary) Original Saint-Gaudens Double Eagle Ultra-High Relief Palladium Bullion Coin Act - Authorizes the Secretary of the Treasury to mint and issue a $20 coin that bears, on the obverse and reverse, the designs of the famous 27-millimeter version of the 1907 Augustus Saint-Gaudens Double Eagle ultra-high relief gold piece. Authorizes the Secretary to commence minting and issuing such coins for sale, beginning January 1, 2009, in: (1) an appropriate number of $20 bullion investment coins meeting specified requirements; and (2) up to 15,000 ultra-high relief numismatic $20 coins meeting certain other requirements. Requires all coins to be minted at [...]

show full description
Latest Action: 05/12/2008 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Bill Text
To reduce the costs of producing 1-cent and 5-cent coins, provide authority to the Secretary of the Treasury to perform research and development on new metallic content for circulating coins, and to require biennial reports to Congress on circulating coin production costs and possible alternative metallic content. 5/8/2008--Passed House amended.    (There is 1 other summary) Coin Modernization and Taxpayer Savings Act of 2008 - Requires the one-cent coin (except for Lincoln Bicentennial Numismatic Pennies) to be produced primarily of steel and treated to impart a copper color to its appearance similar to one-cent coins produced of a copper-zinc alloy. Authorizes the Secretary of the Treasury, in the alternative, during the 90 days following enactment of this Act, to add any other element to any alloy of zinc and copper of which one-cent coins could have been composed before enactment of this Act, if during such 90-day period another element is determined [...]

show full description
Latest Action: 03/17/2008 - Referred to the Subcommittee on Commercial and Administrative Law.

Bill Text
To provide that no tax or fee may be imposed on certain coins and bullion.

2/13/2008--Introduced.

Tax-Free Gold Act of 2008 - Prohibits the imposition of tax on any coin, medal, token, or gold, silver, platinum, palladium, or rhodium bullion issued by any person or jurisdiction.

Prohibits states from assessing any tax or fee on any currency or other monetary instrument that is used in interstate or foreign commerce and that is subject to the enjoyment of legal tender status under the U.S. Constitution.

Latest Action: 02/13/2008 - Read twice and referred to the Committee on Finance.

Bill Text
A bill to amend the Internal Revenue Code of 1986 to treat income earned by mutual funds from exchange-traded funds holding precious metal bullion as qualifying income.

2/13/2008--Introduced.

Amends the Internal Revenue Code to treat income earned by mutual funds from interests holding certain gold, silver, platinum, or palladium bullion that are regularly traded on an established U.S. securities market as qualifying income (i.e., passed through and taxed at individual income tax rates).

Latest Action: 10/03/2008 - Received in the House.

Bill Text
A bill to require the Secretary of the Treasury to mint coins in recognition and celebration of the establishment of the United States Army in 1775, to honor the American soldier of both today and yesterday, in wartime and in peace, and to commemorate the traditions, history, and heritage of the United States Army and its role in American society, from the colonial period to today. 1/30/2008--Introduced. United States Army Commemorative Coin Act of 2008 - Instructs the Secretary of the Treasury to mint and issue $5 gold coins, $1 silver coins, and half dollar clad coins as numismatic items emblematic of the traditions, history, and heritage of the U.S. Army, and its role in American society from the Colonial period to today. Requires the design for such coins to contain motifs that honor specifically the American soldier of both today and yesterday, in wartime and in peace, consistent with the traditions and heritage of the U.S. Army, the mission and goals of the National [...]

show full description
Latest Action: 12/18/2007 - Sponsor introductory remarks on measure. (CR S15916-15917)

Bill Text
A bill to authorize the minting of a coin to commemorate the 400th anniversary of the founding of Santa Fe, New Mexico, to occur in 2010.

12/18/2007--Introduced.

Santa Fe 400th Anniversary Commemorative Coin Act of 2007 - Instructs the Secretary of the Treasury to issue $5 gold coins and $1 silver coins emblematic of the settlement of Santa Fe, New Mexico, the oldest capital city in the United States.

Permits issuance of such coins only during calendar 2010.

Requires the Secretary to pay 50% of surcharges received from such coin sales to: (1) the Santa Fe 400th Anniversary Committee, Inc.; and (2) the Secretary of the Interior to sustain the ongoing mission of preserving Santa Fe, including educational programs, infrastructure and archaeological research activities, and other programs to support commemoration of the 400th anniversary of Santa Fe.

Latest Action: 03/28/2008 - Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.

Bill Text
To require the Secretary of the Treasury to mint coins in commemoration of the quadricentennial of the City of Santa Fe, New Mexico.

12/18/2007--Introduced.

Santa Fe Quadricentennial Commemorative Coin Act - Instructs the Secretary of the Treasury, in commemoration of the quadricentennial of the City of Santa Fe, New Mexico, to issue $5 gold coins and $1 silver coins emblematic of the settlement of Santa Fe, New Mexico, the oldest capital city in the United States.

Permits issuance of such coins only during calendar 2010.

Requires the Secretary to pay 50% of surcharges received from such coin sales to: (1) the Santa Fe 400th Anniversary Committee, Inc.; and (2) the Secretary of the Interior to sustain the ongoing mission of preserving Santa Fe, including educational programs, infrastructure and archaeological research activities, and other programs to support the quadricentennial of the establishment of Santa Fe.

Latest Action: 12/13/2007 - Sponsor introductory remarks on measure. (CR E2576)

Bill Text
To amend title 18, United States Code, to repeal certain superfluous sections of criminal law which may be subject to prosecutorial abuse.

12/13/2007--Introduced.

Free Competition in Currency Act of 2007 - Repeals provisions of the federal criminal code relating to uttering coins of gold, silver, or other metal for use as current money and making or possessing likenesses of such coins. Abates any current prosecution under such provisions and nullifies any previous convictions.

Latest Action: 03/25/2008 - Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.

Bill Text
To authorize the Secretary of the Treasury to prescribe the weights and the compositions of circulating coins, and for other purposes. 10/24/2007--Introduced. Coin Modernization and Taxpayer Savings Act of 2007 - Revises the discretionary authority of the Secretary of the Treasury to prescribe the weight and the composition of the alloy in the one-cent coin. Extends such authority to, and requires the Secretary to prescribe the weight and composition of, the dollar, half-dollar, quarter-dollar, dime, and five-cent coin, as well as the one-cent coin. Cites factors to be considered when prescribing such characteristics, including the effect on vending machines. Repeals current weight requirements for the half-dollar, quarter-dollar, dime, five-cent coin, and the one-cent coin. Specifies the characteristics of $1 coins and gold coins. Authorizes the Secretary to prescribe manufacturing tolerances for five-cent and one-cent coins. Repeals specified [...]

show full description
Latest Action: 06/20/2008 - Received in the House.

Bill Text
A bill to require the Secretary of the Treasury to mint coins in commemoration of the 50th anniversary of the establishment of the National Aeronautics and Space Administration. 6/19/2008--Passed Senate amended.    (There is 1 other summary) NASA 50th Anniversary Commemorative Coin Act - Directs the Secretary of the Treasury, in commemoration of the 50th anniversary of the establishment of the National Aeronautics and Space Administration (NASA), to mint and issue $50 gold and $1 silver coins emblematic of the 50 years of exemplary and unparalleled achievements of NASA. Requires all such coin sales to include a surcharge of $50 per $50 coin, and of $10 per $1 coin.Requires distribution of the first $4 million to the NASA Family Assistance Fund for financial assistance to the families of NASA personnel who die as a result of injuries suffered in the performance of their official duties.Requires distribution of: (1) one-half of the next [...]

show full description
Latest Action: 06/27/2007 - Referred to the House Committee on Ways and Means.

Bill Text
To amend the Internal Revenue Code of 1986 to treat gold, silver, platinum, and palladium, in either coin or bar form, in the same manner as equities and mutual funds for purposes of the maximum capital gains rate for individuals.

6/27/2007--Introduced.

Fair Treatment for Precious Metals Investors Act - Amends the Internal Revenue Code to treat bullion (e.g., gold, silver, platinum, and palladium) as a long-term capital asset (currently, treated as a collectible), eligible for preferential capital gains tax rates.

Latest Action: 08/03/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Bill Text
To require the Secretary of the Treasury to mint coins in commemoration of the 50th anniversary of the establishment of the National Aeronautics and Space Administration. 7/30/2007--Passed House amended.    (There is 1 other summary) NASA 50th Anniversary Commemorative Coin Act - Directs the Secretary of the Treasury, in commemoration of the 50th anniversary of the establishment of the National Aeronautics and Space Administration (NASA), to mint and issue $50 gold and $1 silver coins emblematic of the 50 years of exemplary and unparalleled achievements of NASA. Requires all such coin sales to include a surcharge of $50 per $50 coin, and of $10 per $1 coin.Requires distribution of the first $4 million to the NASA Family Assistance Fund for financial assistance to the families of NASA personnel who die as a result of injuries suffered in the performance of their official duties.Requires distribution of: (1) one-half of the next $1 million [...]

show full description
Latest Action: 06/05/2007 - Read twice and referred to the Committee on Finance.

Bill Text
A bill to amend the Internal Revenue Code of 1986 to treat gold, silver, platinum, and palladium, in either coin or bar form, in the same manner as equities and mutual funds for purposes of the maximum capital gains rate for individuals.

6/5/2007--Introduced.

Fair Treatment for Precious Metals Investors Act - Amends the Internal Revenue Code to treat bullion (e.g., gold, silver, platinum, and palladium) as a long-term capital asset (currently, treated as a collectible), eligible for preferential capital gains tax rates.

Latest Action: 05/24/2007 - Referred to the House Committee on Financial Services.

Bill Text
To require the Secretary of the Treasury to mint coins in commemoration of the 50th anniversary of the establishment of the National Aeronautics and Space Administration and the Jet Propulsion Laboratory. 5/24/2007--Introduced. NASA and JPL 50th Anniversary Commemorative Coin Act - Directs the Secretary of the Treasury, in commemoration of the 50th anniversary of the establishment of the National Aeronautics and Space Administration (NASA) and the Jet Propulsion Laboratory (JPL), to mint and issue $50 dollar gold and $1 dollar silver coins emblematic of the fifty years of exemplary and unparalleled achievements of NASA and JPL. Requires all such coin sales to include a surcharge of $50 per $50 dollar coin, and of $10 per $1 dollar coin. Requires distribution of the first $4 million to the NASA Family Assistance Fund for financial assistance to the families of NASA personnel who die as a result of injuries suffered in the performance of their official duties.[...]

show full description
Latest Action: 01/12/2007 - Sponsor introductory remarks on measure. (CR S516-517)

Bill Text
A bill to amend titles 10 and 14, United States Code, to provide for the use of gold in the metal content of the Medal of Honor.

1/12/2007--Introduced.

Requires the metal content of the Medal of Honor, awarded by the President to members of the Armed Forces and Coast Guard, to be 90 percent gold and ten percent alloy.

Latest Action: 02/01/2007 - Referred to the Subcommittee on Military Personnel.

Bill Text
To amend titles 10 and 14, United States Code, to provide for the use of gold in the metal content of the Medal of Honor.

1/12/2007--Introduced.

Requires the metal content of the Medal of Honor, awarded by the President to members of the Armed Forces and Coast Guard, to be 90 percent gold and ten percent alloy.

Latest Action: 03/16/2007 - Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.

Bill Text
To direct the Secretary of the Treasury to mint coins in commemoration of the battlefields of the Revolutionary War and the War of 1812, and for other purposes.

1/4/2007--Introduced.

Revolutionary War and War of 1812 Battlefields Commemorative Coin Act of 2007 - Directs the Secretary of the Treasury to mint and issue five-dollar gold coins, one-dollar silver coins, and half-dollar clad coins emblematic of the Revolutionary War and the War of 1812.