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Proposed American Innovation $1 Coins (CRS Report for Congress)

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Release Date June 26, 2018
Report Number IN10921
Report Type Insight
Authors Jacob R. Straus
Source Agency Congressional Research Service
Summary:

On June 20, 2018, the Senate passed an amended version of H.R. 770, the "American Innovation $1 Coin Act." This bill would require the Secretary of the Treasury to mint new $1 coins "in recognition of American innovation and significant innovation and pioneering efforts of individuals or groups from each of the 50 States, the District of Columbia, and the United States territories." The proposed Innovation $1 coins would be minted beginning in 2019. The Senate's action follows House passage of its version of H.R. 770 on January 16, 2018.