Numismatics has a brief, cameo role in the
1,582-page 2014 Omnibus Appropriations Bill.
Three provisions in the massive federal
spending bill forbid the redesign of the $1 Federal Reserve note;
construction of a U.S. Mint museum; and the consolidation of the Mint
and the Bureau of Engraving and Printing.
The massive Omnibus Appropriations Bill will
fund federal agencies through Sept. 30, 2014, the end of Fiscal Year 2014.
On Jan. 14 the House approved the bill and the
Senate followed with its approval on Jan. 16. The bill, also known as
the Consolidated Appropriations Act, was signed into law by President
Barack Obama on Jan. 17.
All three provisions are included in sections
of Title 1, Division E, of the Financial Services and General
Government Appropriations Act 2014, which funds the U.S. Treasury Department.
$1 FRN redesign
Section 113 states the Treasury Department and
the BEP cannot use any 2014 appropriations “to redesign the $1 Federal
Several bills are pending in the 113th
Congress urging greater circulation of the Presidential, Sacagawea and
Native American dollar coins. Other legislation seeks improvements to
the operation of the Federal Reserve System while another bill seeks
the abolition of the system entirely. None of these bills specifically
seeks redesign of the $1 FRN.
Treasury and BEP officials continue to say
they have no plans to redesign either the $1 or $2 FRN, though all
other denominations from $5 to $100 have undergone extension redesign
since the first redesign of the $100 FRN in 1996.
Section 115 covers the provision prohibiting
the construction or operation of any Mint museum “without the explicit
approval of the Committees on Appropriations of the House of
Representatives and the Senate, the House Committee on Financial
Services, and the Senate Committee on Banking, Housing and Urban Affairs.”
The Mint does not have any plans to build a
museum, according to Tom Jurkowsky, director of the U.S. Mint’s Office
of Corporate Communications.
He said many years ago Mint officials
discussed the idea of a museum in the ground floor of the Mint
headquarters in Washington, D.C. However, in 2002, Congress barred the
Mint from using any appropriated funds to construct or operate any
museum without approval from the House and Senate financial committees.
BEP and Mint consolidation
Section 116 states that the Treasury, BEP and
the Mint cannot use any 2014 appropriations to “consolidate any or all
functions” of the BEP and the Mint “without the approval of the House
Committee on Financial Services; the Senate Committee on Banking,
Housing and Urban Affairs; and the Committees on Appropriations” of
the House and Senate.
Discussions about the Mint and the BEP
consolidating operations as a cost-saving measure have been proposed
and rejected several times since the mid-1990s.
Jurkowsky and a BEP spokeswoman both confirmed
there are no current plans to consolidate.