A bill to provide for the disposal of silver from the National Defense Stockpile through the issuance of silver coins.

Summary

Directs the Secretary of the Treasury to mint and issue coins of the United States in two specified series in quantities necessary to meet public demand. Directs the Secretary to sell such coins directly to the public and to numismatic coin dealers and retailers for resale to the public at not less than the fair market value of their silver content on the day before the sale, plus the costs of minting, distributing, promoting, and marketing the coins. Requires deposit of the net proceeds of such sales in the National Defense Stockpile transaction fund after the deduction of costs incurred by the Secretary. Limits the aggregate amount of silver in the National Defense Stockpile which may be used to mint the two specified coin series. Declares that disposals of silver from the National Defense Stockpile shall be conducted during calendar years 1983, 1984, and 1985.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 22 June 1982

   Referred

   Referred to Subcommittee on Consumer Affairs and Coinage.

   Source: Committee

2. 22 June 1982

   Introduced

   Referred to House Committee on Armed Services.

   Source: IntroReferral

3. 22 June 1982

   Introduced

   Introduced in House

   Source: IntroReferral

4. 22 June 1982

   Introduced

   Introduced in House

   Source: IntroReferral

5. 28 June 1982

   Referred

   Referred to Subcommittee on Seapower and Strategic and Critical Materials.

   Source: Committee

6. 28 June 1982

   Committee

   Executive Comment Requested from DOD.

   Source: Committee

7. 12 July 1982

   Committee

   Executive Comment Requested from FEMA, Interior.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 22 June 1982

  Open at official source

Sponsors

• Sen. Craig, Larry E. [R-ID] · R · Sponsor
• Rep. Hansen, George V. [R-ID-2] · R · Sponsor
• Rep. McDonald, Lawrence P. [D-GA-7] · D · Sponsor
• Rep. Foley, Thomas S. [D-WA-5] · D · Sponsor
• · hsas00 · Standing
• · hsba00 · Standing

Related records

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