Native American $1 Coin Act
Latest Action
Became Public Law No: 110-82.
Official Summary
(This measure has not been amended since it was passed by the Senate on August 3, 2007. The summary of that version is repeated here.) Native American $1 Coin Act - Directs the Secretary of the Treasury to mint and issue $1 coins in commemoration of Native Americans and important contributions made by Indian tribes and individual Native Americans to the development and history of the United States. Requires, effective beginning January 1, 2008, that such coins have designs: (1) on the obverse bearing the " Sacagawea design;" and (2) on the reverse bearing images celebrating important contributions made by Indian tribes and individual Native Americans to the history and development of the United States. States that, if the date of the enactment of this Act is after August 25, 2007, such design shall be implemented beginning January 1, 2009. Requires edge-incusing of the inscriptions "E Pluribus Unum" and "In God We Trust" in a manner that preserves the distinctive coin edge so that its denomination is readily discernible, including by individuals who are blind or visually impaired. Requires the number of $1 coins minted and issued in a year with the Sacagawea-design on the obverse to be not less than 20% of the total number of $1 coins minted and issued in such year. Instructs the Secretary of the Treasury to carry out an aggressive, cost-effective, continuing campaign to encourage commercial enterprises to accept and dispense $1 coins that have the so-called "Sacagawea design."
GovScope Watchdog™
AI Government Intelligence™The Native American $1 Coin Act directs the U.S. Treasury to mint $1 coins featuring the Sacagawea design on the obverse and images celebrating Native American contributions on the reverse. The act requires these coins to be produced starting January 1, 2008, or January 1, 2009, if enacted after August 25, 2007. It also mandates edge-incused inscriptions to aid visually impaired individuals and sets a minimum production quota for these coins. Additionally, the Treasury is tasked with promoting the use of these coins in commerce.
This bill establishes the production and promotion of $1 coins honoring Native American heritage and contributions, aiming to increase their circulation and recognition.
- Requires $1 coins to bear the Sacagawea design on the obverse and Native American-themed designs on the reverse.
- Mandates edge-incused inscriptions to help visually impaired individuals identify the coin's denomination.
- Sets a minimum production level of 20% for these coins relative to all $1 coins minted annually.
The U.S. Treasury is responsible for minting and promoting the coins, while Native American communities may benefit from increased public recognition of their historical contributions. The general public, including visually impaired individuals, may benefit from the coin's design features.
Potential concerns include the costs associated with minting and promoting the new coins, the effectiveness of campaigns to encourage commercial acceptance, and whether the mandated production levels align with public demand. The full bill text is not provided, limiting detailed assessment of implementation specifics.
The bill was introduced in the House during the 110th Congress, falls under the Finance and Financial Sector policy area, and was signed into law on September 20, 2007. The latest action reflects its enactment as Public Law No: 110-82.
No hidden impact flags detected
GovScope reviewed 11 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.
The bill may influence public awareness and appreciation of Native American history and culture through coin circulation. It could also affect coin production logistics and commercial acceptance of $1 coins, potentially impacting cash transactions.
The full bill text is not provided, limiting detailed analysis of implementation mechanisms and cost implications. Citizens may want to monitor the Treasury's promotional efforts and production levels to assess effectiveness. The mandated minimum production percentage may affect coin supply relative to demand.
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