To amend section 5112(p)(1)(A) of title 31, United States Code, to allow an exception from the $1 coin dispensing capability requirement for certain vending machines.
Latest Action
Became Public Law No: 110-147.
Official Summary
Official summary has not been imported yet.
GovScope Watchdog™
AI Government Intelligence™This bill amends section 5112(p)(1)(A) of title 31, United States Code, to provide an exception to the requirement that certain vending machines must be capable of dispensing $1 coins. The amendment allows specific vending machines to be exempt from this $1 coin dispensing capability requirement. The bill was introduced in the House during the 110th Congress and was signed into law on December 21, 2007, becoming Public Law No: 110-147. The policy area addressed by this legislation is Finance and Financial Sector.
The law modifies existing coin dispensing requirements for vending machines by allowing exceptions for certain machines, potentially affecting vending machine operations and coin circulation.
- Amends the United States Code to allow exceptions from the $1 coin dispensing requirement for certain vending machines.
- Targets section 5112(p)(1)(A) of title 31, United States Code, which governs coin dispensing capabilities.
- Signed into law on December 21, 2007, during the 110th Congress as Public Law No: 110-147.
['Operators and manufacturers of vending machines that may qualify for the exception.', 'Financial institutions and the U.S. Mint by potentially affecting $1 coin circulation and handling.', 'Consumers using vending machines that may no longer require $1 coin acceptance.']
['Implementation challenges in defining which vending machines qualify for the exception.', 'Potential impacts on $1 coin circulation and usage in the economy.', 'Oversight and enforcement mechanisms to ensure compliance with the new exception.']
The bill was introduced and passed during the 110th Congress and reflects legislative adjustments to coin dispensing requirements in vending machines. It was enacted into law without recorded opposition or additional summary details provided in the source data.
Hidden impact flags detected: 2
GovScope reviewed 2 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.
['Possible reduction in demand for $1 coins in vending machine transactions.', 'Potential adjustments by vending machine manufacturers to accommodate the new exception.', 'Changes in consumer payment behavior in vending machine usage.']
The bill's text and summary are limited, with no detailed legislative history or full bill text provided in the source data. Oversight of the exception's application and its impact on coin circulation should be monitored to ensure transparency and effective implementation.
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