,,ii #aafth ,,congress #b;d ,session ,s4 #djjf ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,june #ah1 #bjbj,ms4 ,hassan 7for herself and ,mr4 ,enzi7 introduced the following bill2 which was read twice and referred to the ,committee on ,banking1 ,housing1 and ,urban ,affairs ,a ,,bill ,to amend title #ca1 ,united ,states ,code1 to save ,federal funds by authorizing changes to the composition of circulating coins1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,coin ,metal ,modification ,authorization and ,cost ,savings ,act of #bjbj4 #b4 ,saving ,federal funds by authorizing changes to the composition of circulating coins ,section #eaab of title #ca1 ,united ,states ,code1 is amended by adding at the end the following3 7x7 ,composition of circulating coins 7#a7 ,in general ,notwithstanding any other provision of law1 and subject to the other provisions of this subsection1 the ,director of the ,united ,states ,mint 7referred to in this subsection as the ,director71 in consultation with the ,secretary1 may modify the metallic composition of circulating coins 7including by prescribing reasonable manufacturing tolerances with respect to those coins7 if a study and analysis conducted by the ,united ,states ,mint indicates that the modification will-- 7,a7 reduce costs incurred by the taxpayers of the ,united ,states2 7,b7 be seamless1 which shall be determined by verifying that the coins will work interchangeably in most coin acceptors using electromagnetic signature technology2 and 7,c7 have as minimal an adverse impact as possible on the public and stakeholders1 except as described in subparagraph 7,a74 7#b7 ,notification to ,congress ,on the date that is #ij calendar days before the date on which the ,director begins making a modification described in paragraph 7#a71 the ,director shall submit to ,congress notice that-- 7,a7 provides a justification for the modification1 including the support for that modification in the study and analysis required under paragraph 7#a7 with respect to the modification2 7,b7 describes how the modification will reduce costs incurred by the taxpayers of the ,united ,states2 7,c7 certifies that the modification will be seamless1 as described in paragraph 7#a77;,b72 and 7,d7 certifies that the modification will have as minimal an adverse impact as possible on the public and stakeholders1 except as described in paragraph 7#a77;,a74 7#c7 ,congressional authority ,the ,director may begin making a modification proposed under this subsection on the date that is #ij days after the date on which the ,director submits to ,congress the notice required under paragraph 7#b7 with respect to that modification1 unless ,congress1 during the #ij-;day period beginning on the date on which the ,director submits that notice-- 7,a7 finds that the modification is not justified in light of the information contained in that notice2 and 7,b7 enacts legislation disapproving of the proposed modification4 4