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United States · Bill · S

S. 1752 (99th)

Gold Bullion Coin Act of 1985

openUnited States· United States Congress· EN

Introduced

9 October 1985

Last action

9 October 1985 · Introduced

Status

Placed on Senate Legislative Calendar under General Orders. Calendar No. 342.

Sponsors

Sen. Garn, E. J. (Jake) [R-UT]

Subjects

Discovery layer

Source updated

29 August 2025

Official sourceView documentsShare

Summary

Title I: Gold Coins - Gold Bullion Coin Act of 1985 - Directs the Secretary of the Treasury to mint and issue gold coins in 50-dollar, 25-dollar, ten-dollar, and five-dollar denominations. Requires the Secretary to acquire the gold for such coins by purchase only from natural deposits in the United States or a U.S. territory or possession or from U.S. reserves. Repeals a provision prohibiting the Government from delivering any gold coin. Requires any profit from the sale of such coins to be deposited in the Treasury and applied toward reducing the national debt. Directs the Secretary to ensure that the issuance of such coins results in no net cost to the Government. Title II: Gold Medals - Authorizes the President, on behalf of the Congress, to present gold medals to Jan Scruggs, Robert Doubek, and Jack Wheeler in recognition of their efforts to give the Vietnam Veterans Memorial to the Nation. Authorizes appropriations. Authorizes the Secretary of the Treasury to provide for the sale of bronze duplicates of the medal.

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

Timeline

  1. 9 October 1985

    Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 342.

    Source: Calendars

  2. 9 October 1985

    Reported

    Committee on Banking. Original measure reported to Senate by Senator Garn. Without written report.

    Source: Committee

  3. 9 October 1985

    Reported

    Committee on Banking ordered to be reported an original measure in lieu of S. 1639, S. 865.

    Source: Committee

  4. 9 October 1985

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

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Versions

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Documents

1 official file

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Sponsors

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Sources

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