Summary

Prohibits placing portraits or busts of any living person on U.S. coins or paper currency and separately forbids portraits or busts of any living President on coins or currency, including commemorative coins. It accomplishes this by adding a new prohibition to the federal statute that governs coin and currency design. The change covers both circulating and commemorative coin programs as well as currency design; it does not set deadlines, specify funding, or create penalties in the text provided.

• Adds a new prohibition to the federal coin-and-currency statute against portraits or busts of living persons.
• Specifically bans portraits or busts of any living President on coins and paper currency, including commemorative coins.
• Applies to both circulating coins and commemorative coin designs, as well as to U.S. paper currency designs.
• Does not include an effective date, deadlines, funding, penalties, or transitional rules in the text provided.
• Implementation would be handled by the Treasury Department and the U.S. Mint through design approvals.
• Does not address medals, tokens, or privately issued items; it targets official U.S. coins and currency.
• Likely affects commemorative coin programs and organizations that seek commemorative issues, but does not alter the program mechanics in statute.