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Requires the Treasury Secretary to mint $1 coins honoring deceased U.S. Presidents who have not previously been honored, and to produce accompanying bullion coins and bronze medals honoring their spouses. The provision sets basic design, timing, legal-tender, and numismatic-treatment rules while giving the Secretary authority to set production quantities, quality types (proof/uncirculated), and medal specifications.
Adds a new subsection (bb) to section 5112 of title 31, U.S. Code to authorize new coin and medal issues honoring deceased Presidents and their spouses.
The Secretary shall mint and issue $1 coins that bear obverse designs emblematic of deceased Presidents not previously honored with a $1 coin, meeting the obverse design requirements of subsection (n)(2)(B), and reverse designs meeting subsection (n)(2)(A). This is notwithstanding subsections (d) and (n) and is in addition to coins issued under subsections (r) and (w).
The Secretary must first issue a $1 coin for a deceased President during the 3-year period following that President's date of death.
Notwithstanding the new authorization, the Secretary shall continue to mint and issue $1 coins in accordance with subsections (r) and (w).
Coins issued under this subsection must include the same inscriptions required by subsection (n).
Who is affected and how:
Overall effect: narrowly targeted, administrative action directing coinage and commemorative items with mostly symbolic and collector-market impacts rather than broad policy or fiscal changes.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced February 19, 2025 by Catherine Marie Cortez Masto · Last progress February 19, 2025
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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate