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Proposed Legislation for '04 & '05 Nickels!!
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<p>[QUOTE="satootoko, post: 89692, member: 669"]Take a look at Section 8 of the Bill passed by the House of Representatives on November 10, and presently pending in the Senate Committee on Banking, Housing, and Urban Affairs, as posted at the <a href="http://thomas.loc.gov/cgi-bin/query/D?c109:2:./temp/~c1095JNYNB::" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://thomas.loc.gov/cgi-bin/query/D?c109:2:./temp/~c1095JNYNB::" rel="nofollow">Library of Congress website</a>. </p><p><br /></p><p>As a lawyer, I read that language as clearly stating that the 2004/5 nickles to be "issued" (sold) after midnight on December 31, 2005, must be in existence (that is "minted") by that deadline.</p><p><br /></p><p>To go into effect, the bill still needs to be approved by the Committee and either passed by the full Senate without amendment, or re-passed by both houses after any Senate amendments are hashed out by a joint House/Senate Conference Committee, and signed by the President - all before December 31 while Congressmen are concentrating on plans for their Christmas parties back in the district. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /> I think it has three chances of becoming law: slim, fat and none. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> </p><p><br /></p><p>(I've included the full text because of its interest to this group.[/QUOTE]</p><p><br /></p>
[QUOTE="satootoko, post: 89692, member: 669"]Take a look at Section 8 of the Bill passed by the House of Representatives on November 10, and presently pending in the Senate Committee on Banking, Housing, and Urban Affairs, as posted at the [URL=http://thomas.loc.gov/cgi-bin/query/D?c109:2:./temp/~c1095JNYNB::]Library of Congress website[/URL]. As a lawyer, I read that language as clearly stating that the 2004/5 nickles to be "issued" (sold) after midnight on December 31, 2005, must be in existence (that is "minted") by that deadline. To go into effect, the bill still needs to be approved by the Committee and either passed by the full Senate without amendment, or re-passed by both houses after any Senate amendments are hashed out by a joint House/Senate Conference Committee, and signed by the President - all before December 31 while Congressmen are concentrating on plans for their Christmas parties back in the district. :rolleyes: I think it has three chances of becoming law: slim, fat and none. :D (I've included the full text because of its interest to this group.[/QUOTE]
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Proposed Legislation for '04 & '05 Nickels!!
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