HB 24-16: Coin Composition Revision Act (Debating) (user search)
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  HB 24-16: Coin Composition Revision Act (Debating) (search mode)
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Author Topic: HB 24-16: Coin Composition Revision Act (Debating)  (Read 1884 times)
Elcaspar
Jr. Member
***
Posts: 1,144
Denmark


Political Matrix
E: -7.61, S: -7.13
« on: June 19, 2020, 08:30:44 PM »
I don't see anything objectionable about this.
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Elcaspar
Jr. Member
***
Posts: 1,144
Denmark


Political Matrix
E: -7.61, S: -7.13
« Reply #1 on: June 21, 2020, 07:39:46 AM »
If no one else has anything to add, i wanna motion for a final vote on the bill.
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Elcaspar
Jr. Member
***
Posts: 1,144
Denmark


Political Matrix
E: -7.61, S: -7.13
« Reply #2 on: June 22, 2020, 11:53:29 AM »
Aye.
Logged
Elcaspar
Jr. Member
***
Posts: 1,144
Denmark


Political Matrix
E: -7.61, S: -7.13
« Reply #3 on: July 12, 2020, 06:58:13 PM »
Bumping this for the new Congress to see.
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Elcaspar
Jr. Member
***
Posts: 1,144
Denmark


Political Matrix
E: -7.61, S: -7.13
« Reply #4 on: July 14, 2020, 12:35:17 PM »
A final vote on the bill shall now be held.

You have 72 hours to vote.
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Elcaspar
Jr. Member
***
Posts: 1,144
Denmark


Political Matrix
E: -7.61, S: -7.13
« Reply #5 on: July 14, 2020, 04:04:16 PM »
Aye
Logged
Elcaspar
Jr. Member
***
Posts: 1,144
Denmark


Political Matrix
E: -7.61, S: -7.13
« Reply #6 on: July 19, 2020, 10:37:34 AM »
Voting period is now closed.

Ayes: 5 (Ted Bessell, Encke, Elcaspar, Sev, Joseph Cao)
Nays: 1 (HCP)
Abstentions: 0
Not Voting: 3 (razze, ReaganClinton, Gracile )

The bill has been passed.
Logged
Elcaspar
Jr. Member
***
Posts: 1,144
Denmark


Political Matrix
E: -7.61, S: -7.13
« Reply #7 on: July 19, 2020, 10:37:58 AM »
Quote
Quote
AN ACT

To ensure coins are not costing more to produce than face value of such coins, and to account for the discontinued minting of pennies in physical transactions.
Quote
Section 1. Title

This legislation may be cited as the "Coin Composition Revision Act".

Section 2. Coin composition revision

(a) In general. —

The Atlasian Mint shall work to revise the composition of the nickel ($0.05 coin) and change its manufacturing process and composition in such a way that the manufacturing cost of the coin falls below such coins nominal value.

(b) Date. —

Subsection(a) shall be completed before July 31 of 2021.

Section 3. Physical transactions

All physical transitions using cash between a consumer and a business entity shall be rounded to the nearest multiple of $0.05 after the application of any applicable taxes.

Section 4. Effective date

This Act shall take effect immediately on the date of the enactment of this Act.
People's Regional Senate
Passed 4-0-2 in the Atlasian Senate Assembled,

House of Representatives:
Passed the House of Representatives 5-1-0-3
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