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United States · Bill · S

S. 2598 (97th)

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

openUnited States· United States Congress· EN

Introduced

27 May 1982

Last action

2 July 1982 · Committee

Status

Committee on Banking requested executive comment from Treasury Department; GSA.

Sponsors

Sen. McClure, James A. [R-ID], Sen. Symms, Steven D. [R-ID], Sen. Helms, Jesse [R-NC], Sen. Melcher, John [D-MT], Sen. Domenici, Pete V. [R-NM], Sen. Hatch, Orrin G. [R-UT], Sen. Murkowski, Frank H. [R-AK], Sen. Laxalt, Paul D. [R-NV], Sen. Cannon, Howard W. [D-NV], Sen. Goldwater, Barry [R-AZ]

Subjects

Defence

Source updated

14 January 2025

Defence

Official sourceView documentsShare

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. 27 May 1982

    Introduced

    Introduced in Senate

    Source: IntroReferral

  2. 27 May 1982

    Introduced

    Read twice and referred to the Committee on Banking.

    Source: IntroReferral

  3. 2 July 1982

    Committee

    Committee on Banking requested executive comment from Treasury Department; GSA.

    Source: Committee

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

Leesvertaling

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Sponsors

Related records

Sources

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