Gold Bullion Coin Act of 1985

Summary

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.

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Documents

4 official files

• Public Law (PDF)

  Public Law · EN · 18 December 1985

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• Passed Senate amended

  summary · EN · 14 November 1985

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• Reported to Senate with amendment(s)

  summary · EN · 13 November 1985

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• Introduced in Senate

  summary · EN · 12 September 1985

  Open at official source

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