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S 2952119th CongressIn Committee

$2.50 for America’s 250th Act

Introduced: Sep 30, 2025
Sponsor: Sen. Lummis, Cynthia M. [R-WY] (R-Wyoming)
Financial Services
Standard Summary
Comprehensive overview in 1-2 paragraphs

This bill would amend Title 31 of the United States Code to require the Secretary of the Treasury to mint and issue a new denomination: $2.50 coins. It would authorize both a numismatic version (a collectible coin) and a circulating version (usable as everyday currency). The exact design, metal content, production quantities, and other operational details would be established in the amended statute or accompanying provisions. As introduced, the measure signals a formal government mandate to create and distribute a $2.50 coin in two form factors, expanding the current coinage landscape. Note: The full text is not provided here, so the specific provisions, constraints, and fiscal implications (such as legal tender status, metallic composition, or issuance timelines) are not known from the title alone. The sponsor and detailed language would clarify these aspects.

Key Points

  • 1Establishes authority to mint and issue a new $2.50 denomination coin.
  • 2Creates two coin forms: a numismatic (collectible) version and a circulating (everyday currency) version.
  • 3Amends Title 31 of the United States Code to implement the new denomination and issuance rules.
  • 4Implicitly assigns responsibility for design, production, and distribution to the Secretary of the Treasury (U.S. Mint).
  • 5The bill leaves open “other purposes,” indicating additional related provisions could be added in the full text.

Impact Areas

Primary group/area affected: General public (as potential users of a circulating coin) and coin collectors (through the numismatic version); U.S. Mint operations and Treasury administration.Secondary group/area affected: Financial system and currency handling (banks and businesses) that would process the circulating coin; potential effects on coin supply and logistics.Additional impacts: Fiscal and material considerations (cost of production, potential seigniorage, and any implications for gold or other metals if the coin uses precious metals); potential policy questions about legal tender status and price-metal dynamics if the coin’s metal content affects intrinsic value.
Generated by gpt-5-nano on Oct 2, 2025