Sponsors (38)
Referred to the House Committee on Financial Services.
Last progress March 10, 2025 (10 months ago)
Introduced on March 10, 2025 by Joyce Beatty
Requires the $20 bill to feature a prominent portrait of Harriet Tubman on the front. It sets two deadlines: a public preliminary design must be released by December 31, 2026, and no $20 notes may be printed after December 31, 2028 unless they prominently feature Harriet Tubman. It updates federal currency law to make this change. It also includes Congressional findings about the history of U.S. paper money and past and current portraits on U.S. currency. The requirement applies to future printing and does not direct a recall of existing $20 bills.
In 1875, Congress adopted the dollar as the monetary unit of the United States.
In 1877, the Bureau of Engraving and Printing of the Department of the Treasury began printing all United States paper money.
The Federal Reserve Act of 1913 created the Federal Reserve as the Nation’s central bank and provided for a national banking system; the Board of Governors of the Federal Reserve System issued new paper money called Federal Reserve notes.
The Secretary of the Treasury has historically selected the designs shown on Federal Reserve notes with the advice of the Bureau of Engraving and Printing.
United States Federal Reserve notes now in production bear these portraits: $1 — President George Washington; $2 — President Thomas Jefferson; $5 — President Abraham Lincoln; $10 — Alexander Hamilton; $20 — President Andrew Jackson; $50 — President Ulysses S. Grant; $100 — Benjamin Franklin.