How long does it usually take for legislation to pass? (Like my $2 Bill Redesign)

Discussion in 'Paper Money' started by Drago the Wolf, Jul 20, 2011.

  1. Drago the Wolf

    Drago the Wolf Junior Member

    Does anyone here have any idea how long it generally takes legislation to pass? I ask because, the BEP's fiscal year 2012 starts in October I believe, and in fiscal year 2012, there is an order to print more $2 bills, so I was just wondering, is there a chance that my $2 bill redesign legislation could be passed and new design printing plates could be made in time for the fiscal year 2012 print runs of Series 2009 $2 bills to be the new design? And, if some current style $2s get printed, is there still a chance they will print more, of the new design later on in the year?

    Oh, and while I am posting this, I might as well ask, IF my idea for $200, $500 and possibly $1,000 bills passes, do you think that the government will wait until the next round of currency redesigns, which I believe is scheduled for 2013 or 2014, to print these denominations, rather than printing a bunch of them as the current series and end up destroying a bunch of them?
     
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  3. lettow

    lettow Senior Member

    Quite frankly, I don't believe your idea will be approved anytime soon. Monetary redesign is not a big Congressional priority especially not in the year before a presidential election. Hundreds of bills for proposed commemmorative coins are introduced every session but only a few make it through.

    It took 4 years for the State Quarter program to make it through Congress and another 2 to implement. It had the support of the both the Treasury Secretary and the Director of the Mint yet took this long to get through.

    I am not trying to be a naysayer -- after all, every idea starts somewhere -- but you need to be realistic. I do applaud your enthusiasm.
     
  4. bradarv90

    bradarv90 Member

    Can we see pics of your new designs?
     
  5. Drago the Wolf

    Drago the Wolf Junior Member

    Well, the only reason I thought this redesign would see interest, was because of the features for the visually impaired, and I thought they took a lot of importance in that. Plus I did not think it would tak as long to come up with redesigned $2 bill designs as it would, say, new $20 designs, because the $20 bill is a large denomination and also needs anti-counterfeiting features, where the $2 would mainly only need a few design feature changes, and thats it.

    Well, maybe the Congress, Treasury, and U.S. Mint would find this idea as a good idea to get people to support the $1 coin more, as they would be aware of their "paper alternative"

    Oh, believe me, I am trying to be realistic, its just that I am new at this game, and I have no idea how fast or slow it works. :D
     
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