H.R.1278 - Coin Metal Modification Authorization and Cost Savings Act of 2025 (119th Congress)
Summary
H.R.1278, the "Coin Metal Modification Authorization and Cost Savings Act of 2025," aims to amend Title 31 of the United States Code, authorizing the Director of the United States Mint to modify the metallic composition of circulating coins. The primary goal is to reduce federal costs associated with coin production. The bill mandates a study and analysis by the Mint, consultation with industry stakeholders, and notification to Congress before any modifications are implemented.
Expected Effects
The bill, if enacted, would allow the U.S. Mint to change the metal composition of coins to reduce costs. This could lead to changes in the physical properties of coins, such as weight and appearance, though the bill aims for seamless integration with existing coin acceptors. Congressional oversight is included, allowing for disapproval of proposed modifications.
Potential Benefits
- Potential cost savings for taxpayers due to cheaper coin production.
- Streamlined coin production process, potentially increasing efficiency.
- Requirement for the Mint to consider stakeholder input, minimizing disruption to businesses using coin-operated machines.
- Congressional oversight ensures accountability and allows for public input through elected representatives.
- The bill aims to maintain seamless integration with existing coin infrastructure, reducing the need for costly upgrades.
Most Benefited Areas:
Potential Disadvantages
- Potential for disruption to businesses if the new coins are not truly "seamless" as defined in the bill.
- Public confusion or dissatisfaction with changes in the appearance or feel of coins.
- The 90-day notification period might not be sufficient for thorough Congressional review.
- Possible unintended consequences on the value or collectibility of existing coins.
- Dependence on the accuracy and impartiality of the Mint's study and analysis.
Constitutional Alignment
The bill appears to align with the constitutional power of Congress to coin money and regulate its value, as outlined in Article I, Section 8, Clause 5. The bill establishes a process for modifying the composition of coins, which falls under this enumerated power. The requirement for Congressional notification and potential disapproval also reflects the legislative authority vested in Congress.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).