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United States · Law · S

S. 1639 (99th)

Gold Bullion Coin Act of 1985

enactedUnited States· United States Congress· EN

Introduced

12 September 1985

Last action

17 December 1985 · President

Status

Became Public Law No: 99-185.

Sponsors

Sen. Exon, J. James [D-NE], Sen. Cranston, Alan [D-CA], Sen. DeConcini, Dennis [D-AZ], Sen. Zorinsky, Edward [D-NE], Sen. Grassley, Chuck [R-IA], Sen. Murkowski, Frank H. [R-AK], Sen. Symms, Steven D. [R-ID], Sen. Hatch, Orrin G. [R-UT], Sen. Eagleton, Thomas F. [D-MO], Sen. Chafee, John H. [R-RI], Sen. Laxalt, Paul D. [R-NV], Sen. Abdnor, James [R-SD], Sen. Hecht, Chic [R-NV], Sen. McClure, James A. [R-ID], Sen. Garn, E. J. (Jake) [R-UT], Sen. Melcher, John [D-MT], Sen. Proxmire, William [D-WI]

Subjects

Discovery layer

Source updated

14 January 2025

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.

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

Timeline

  1. 12 September 1985

    Introduced

    Read twice and referred to the Committee on Banking.

    Source: IntroReferral

  2. 12 September 1985

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 9 October 1985

    Committee

    Committee on Banking. Approved for reporting an original bill (S. 1752) in lieu of this measure.

    Source: Committee

  4. 13 November 1985

    Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 401.

    Source: Calendars

  5. 13 November 1985

    Reported

    Committee on Banking. Reported to Senate by Senator Garn with an amendment. Without written report.

    Source: Committee

  6. 13 November 1985

    Committee

    Committee on Banking. Approved for reporting with an amendment favorably.

    Source: Committee

  7. 14 November 1985

    Passed

    Passed Senate with an amendment by Voice Vote.

    Source: Floor

  8. 14 November 1985

    Passed

    Passed/agreed to in Senate: Passed Senate with an amendment by Voice Vote.

    Source: Floor

  9. 20 November 1985

    Failed

    Unanimous Consent Request to Consider Measure Rejected in House.

    Source: Calendars

  10. 2 December 1985

    Passed

    Passed House by Voice Vote.

    Source: Floor

  11. 2 December 1985

    Passed

    Passed/agreed to in House: Passed House by Voice Vote.

    Source: Floor

  12. 2 December 1985

    Floor

    Called up by House Under Suspension of Rules.

    Source: Floor

  13. 5 December 1985

    Floor

    Presented to President.

    Source: Floor

  14. 5 December 1985

    President

    Presented to President.

    Source: President

  15. 5 December 1985

    Floor

    Measure Signed in Senate.

    Source: Floor

  16. 17 December 1985

    Became law

    Became Public Law No: 99-185.

    Source: President

  17. 17 December 1985

    Became law

    Signed by President.

    Source: BecameLaw

  18. 17 December 1985

    President

    Signed by President.

    Source: President

Votes

No vote records are attached yet.

Versions

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

Documents

4 official files

Public Law (PDF)

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Leesvertaling

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  • Public Law (PDF)

    Public Law · EN · 18 December 1985

    ViewDownloadOpen at official source

  • Passed Senate amended

    summary · EN · 14 November 1985

    Open at official source

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  • Reported to Senate with amendment(s)

    summary · EN · 13 November 1985

    Open at official source

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  • Introduced in Senate

    summary · EN · 12 September 1985

    Open at official source

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Sponsors

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