Sponsors
The bill increases representational diversity on the $20 bill by featuring Harriet Tubman while imposing production and short-term operational costs and leaving a small risk of political or legal disputes over limited delay authority.
All holders of U.S. $20 notes and the general public: beginning after Dec 31, 2030 the $20 bill will feature Harriet Tubman, increasing representation of Black Americans on national currency.
Bureau of Engraving and Printing, Treasury staff, and other federal implementers: the bill sets a clear implementation date (with limited delay authority), giving agencies time to plan redesign and production schedules.
Taxpayers and financial institutions: printing and replacing redesigned $20 notes will create production costs that may be borne by taxpayers or otherwise affect currency-related budgets.
Banks, small businesses, and other cash-handling operators: the redesign rollout could temporarily complicate cash-handling (training, ATM/vending-machine adjustments), imposing operational burdens.
Taxpayers and stakeholders: the bill's limited delay authority for implementation could be contested politically or legally if parties disagree about counterfeit-risk determinations.
Based on analysis of 2 sections of legislative text.
Requires Harriet Tubman's likeness on all $20 notes printed after Dec 31, 2030, with a one-time delay of up to two years allowed for specified security or economic concerns.
Introduced March 10, 2025 by Jeanne Shaheen · Last progress March 10, 2025
Requires the Secretary of the Treasury to ensure that all $20 Federal Reserve notes printed after December 31, 2030, carry the likeness of Harriet Tubman. The Secretary may delay implementation one time by up to two years (to no later than December 31, 2032) only after consulting specified agencies and submitting a written determination to two congressional committees that immediate issuance would pose an unacceptable counterfeiting risk or would impair the safe, secure, and speedy functioning of the U.S. economy. Also contains a short-title provision and directs consultations with the Bureau of Engraving and Printing, the Federal Reserve Board, and the U.S. Secret Service as part of the delay process. The text does not provide new appropriations or specific implementation funding.