S.Amdt. 2532

SA 2532. Ms. HASSAN (for herself and Ms. Ernst) submitted an
amendment intended to be proposed to amendment SA 2137 proposed by Mr.
Schumer (for Ms. Sinema (for herself, Mr. Portman, Mr. Manchin, Mr.
Cassidy, Mrs. Shaheen, Ms. Collins, Mr. Tester, Ms. Murkowski, Mr.
Warner, and Mr. Romney)) to the bill H.R. 3684, to authorize funds for
Federal-aid highways, highway safety programs, and transit programs,
and for other purposes; which was ordered to lie on the table; as
follows:

At the appropriate place, insert the following:

SEC. ___. SAVING FEDERAL FUNDS BY AUTHORIZING CHANGES TO THE
COMPOSITION OF CIRCULATING COINS.

(a) In General.--Section 5112 of title 31, United States
Code, is amended by adding at the end the following:
``(bb) Composition of Circulating Coins.--
``(1) In general.--Notwithstanding any other provision of
law, and subject to the other provisions of this subsection,
the Director of the United States Mint (referred to in this
subsection as the `Director'), in consultation with the
Secretary, may modify the metallic composition of circulating
coins to a new metallic composition (including by prescribing
reasonable manufacturing tolerances with respect to those
coins) if a study and analysis conducted by the United States
Mint, including solicitation of input, including input on
acceptor tolerances and requirements, from industry
stakeholders who could be affected by changes in the
composition of circulating coins, indicates that the
modification will--
``(A) reduce costs incurred by the taxpayers of the United
States;
``(B) be seamless, which shall mean the same diameter and
weight as United States coinage being minted on the date of
enactment of this subsection and that the coins will work
interchangeably in most coin acceptors using electromagnetic
signature technology; and
``(C) have as minimal an adverse impact as possible on the
public and stakeholders.
``(2) Notification to congress.--On the date that is at
least 90 legislative days before the date on which the
Director begins making a modification described in paragraph
(1), the Director shall submit to Congress notice that--
``(A) provides a justification for the modification,
including the support for that modification in the study and
analysis required under paragraph (1) with respect to the
modification;
``(B) describes how the modification will reduce costs
incurred by the taxpayers of the United States;
``(C) certifies that the modification will be seamless, as
described in paragraph (1)(B); and
``(D) certifies that the modification will have as minimal
an adverse impact as possible on the public and stakeholders.
``(3) Congressional authority.--The Director may begin
making a modification proposed under this subsection not
earlier than the date that is 90 legislative days after the
date on which the Director submits to Congress the notice
required under paragraph (2) with respect to that
modification, unless Congress, during the period of 90
legislative days beginning on the date on which the Director
submits that notice--
``(A) finds that the modification is not justified in light
of the information contained in that notice; and
``(B) enacts a joint resolution of disapproval of the
proposed modification.
``(4) Procedures.--For purpose of paragraph (3)--
``(A) a joint resolution of disapproval is a joint
resolution the matter after the resolving clause of which is
as follows: `That Congress disapproves the modification
submitted by the Director of the United States Mint.'; and
``(B) the procedural rules in the House of Representatives
and the Senate for a joint resolution of disapproval
described in that paragraph shall be the same as provided for
a joint resolution of disapproval under chapter 8 of title
5.''.
(b) Determination of Budgetary Effects.--The budgetary
effects of this section, for the purpose of complying with
the Statutory Pay-As-You-Go Act of 2010, shall be determined
by reference to the latest statement titled ``Budgetary
Effects of PAYGO Legislation'' for this section, submitted
for printing in the Congressional Record by the Chairman of
the House Budget Committee, provided that such statement has
been submitted prior to the vote on passage.
______