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Coin Modernization, Oversight, and Continuity Act of 2010

Public Law 111-302 · H.R. 6162 · 111th Congress · began in the House

Signed by Barack Obama (D) on Dec 14, 2010 · Finance and Financial Sector

Sponsor: Rep. Mel Watt (D-NC-12)

Cosponsors: None

Passage votes

  • HouseUnanimous consent
  • SenateUnanimous consent
Data notes

The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.

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Summary

The Congressional Research Service’s plain-language summary of what the law does.

Coin Modernization, Oversight, and Continuity Act of 2010 - Requires the Secretary of the Treasury to report biennially to specified congressional committees on production costs for each circulating coin, cost trends, and possible new metallic materials or technologies for the production of circulating coins. Requires detailed recommendations in such reports for: (1) changes to the metallic content of circulating coins; (2) changes in coin production methodology that would further reduce the costs of production; and (3) legislative changes necessary to achieve such goals.

Prohibits the Secretary from including any recommendation for specifications: (1) for producing a circulating coin that would require significant change to coin-accepting and coin-handling equipment to accommodate changes to all circulating coins simultaneously; or (2) that would facilitate or allow the use of a coin with a lesser value produced, minted, or issued by another country, or the use of any token or other easily or regularly produced metal device of minimal value, in the place of a circulating coin produced by the Secretary.

Authorizes the Secretary, in order to complete the first biennial report and to develop and evaluate the use of new metallic materials for circulating coin production, to: (1) conduct any appropriate testing of appropriate coinage metallic materials; and (2) work with federal and nonfederal entities, including independent research facilities or suppliers of the metallic material used in volume production of circulating coins.

Committees

The committees the bill was sent to, and what each did with it.

Data notes

A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.

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Related bills

The record lists no related bills.

Data notes

Related bills are identified by the Congressional Research Service, the House and the Senate: companion and identical bills, bills with similar text, bills that were folded into this law, and rules that brought it to the floor. A bill that is itself a public law in this site’s data links here; the others link to Congress.gov.

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Timeline

From introduction to signing, newest first: the committees, the floor and the president. 15 actions.

  1. Dec 14, 2010Became lawBecame law · Became Public Law No: 111-302.
  2. Became lawBecame law · Signed by President.
  3. Dec 3, 2010FloorFloor · Presented to President.
  4. Dec 1, 2010FloorFloor · Message on Senate action sent to the House.
  5. Nov 30, 2010FloorFloor · Passed Senate without amendment by Unanimous Consent.
  6. CommitteeCommittee · Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
  7. OtherOther · Cleared for White House.
  8. Sep 29, 2010FloorFloor · Motion to reconsider laid on the table Agreed to without objection.
  9. FloorFloor · On passage Passed without objection.
  10. FloorFloor · Considered by unanimous consent.
  11. FloorFloor · Mr. Watt asked unanimous consent to discharge from committee and consider.
  12. CommitteeCommittee · Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  13. CommitteeCommittee · Committee on Financial Services discharged.
  14. Sep 22, 2010CommitteeCommittee · Referred to the House Committee on Financial Services.
  15. IntroducedIntroduced · Introduced in House
Data notes

Every action the Library of Congress lists for the bill, from introduction to signing, plus the dated committee hearings. The source lists many steps twice (the chamber’s own entry and the Library of Congress copy, or a presidential and a became-law entry with the same words); those are shown once. Amendments are listed in their own section.

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Amendments

1 amendment offered to the bill, with the last recorded step of each.

  • H.Amdt. 782HouseRep. Mel WattD-NC-12· offered Sep 29, 2010Agreed to

    Sep 29, 2010: On agreeing to the Watt amendment (A001) Agreed to without objection.

    Agreed to
Data notes

Amendments offered to this bill in either chamber, as the Library of Congress records them: each with a status read from its last recorded step: agreed to, rejected, withdrawn, ruled out of order, fell with another amendment, or offered with no vote recorded (most Senate amendments are only ever offered). The wording of each amendment is the source’s. Amendments to amendments and amendments to other bills are not listed.

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Official record

The bill’s full text is on Congress.gov. Data through Oct 7, 2026.