$2.50 for America’s 250th Act
$2.50 for America’s 250th Act
Plain Language Summary
# Summary of HR 5616: $2.50 for America's 250th Act This bill would authorize the U.S. Treasury Department to create and release $2.50 coins to celebrate the 250th anniversary of the Declaration of Independence signing in 2026. The coins would only be minted if Treasury determines it's technically and economically feasible to do so. The bill specifies that the coins' design during the first five years must follow the bill's requirements, but Treasury can change the design afterward to continue celebrating America's founding.
Additionally, Treasury could produce special collectible versions made of silver, gold, and other materials for coin collectors. The bill affects anyone who uses U.S. currency, collects commemorative coins, and the Treasury Department, which would manage production and distribution. The measure is relatively modest in scope—it creates a new denomination primarily for commemorative purposes rather than requiring everyday circulation. The bill has already passed the House of Representatives and is now in the legislative process.
CRS Official Summary
$2.50 for America’s 250th ActThis bill requires the minting of $2.50 coins to commemorate the 250th anniversary, or the semiquincentennial, of the signing of the Declaration of Independence.Specifically, the Department of the Treasury must mint and issue a $2.50 circulating coin upon determining that such minting is technically feasible, economically feasible, and not cost prohibitive. The design of such a coin during the first five years of its issuance must be as described by the bill, however, subsequent designs may be selected by Treasury to celebrate the founding of the United States.Treasury may also mint and issue $2.50 numismatic coins (i.e., collectible coins) in silver, clad, and other alloys, including gold.
Latest Action
Received in the Senate.