billHR2423Event Monday, November 25, 2019Analyzed

Women's Suffrage Centennial Commemorative Coin Act

Neutral

Summary

The Women's Suffrage Centennial Commemorative Coin Act was signed into law in 2019, authorizing the minting of up to 400,000 $1 silver coins. This is a commemorative coin program with no direct market impact on publicly traded companies.

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Key Takeaways

  • 1.This is a commemorative coin bill with no market impact.
  • 2.No public companies are affected by this legislation.
  • 3.The bill has been law since 2019 and is fully executed.

Market Implications

No market implications. This is a ceremonial commemorative coin bill with no financial sector impact.

Full Analysis

This bill was signed into law on November 25, 2019, as Public Law 116-71. It directs the Treasury to mint and issue up to 400,000 $1 silver coins in 2020 to commemorate the 19th Amendment's ratification. The funding mechanism involves surcharges from coin sales being paid to the Smithsonian Institution's American Women's History Initiative. There is no authorization or appropriation of federal funds—the program is self-funding through coin sales. No publicly traded companies are directly affected, as the U.S. Mint handles production. The bill has been law for over six years, so no legislative steps remain.

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