Federal

Harriet Tubman Tribute Act of 2023

Source: Congress.gov · 380 words in original text

What This Bill Does

This bill requires the Secretary of the Treasury to redesign twenty dollar bills so that they display a picture of Harriet Tubman on the front. The bill sets a deadline for when these new twenty dollar bills must start being printed.

Who It Affects

The Secretary of the Treasury, the Committee on Banking, Housing, and Urban Affairs in the Senate, the Committee on Financial Services in the House of Representatives, the Director of the Bureau of Engraving and Printing, the Board of the Federal Reserve, and the Director of the United States Secret Service.

Key Provisions

• All new twenty dollar bills printed after December 31, 2030 must show a picture of Harriet Tubman on the face (front) of the bill. (Sec. 2) • The Secretary of the Treasury can delay this deadline by up to two years if they determine that printing these bills would create an unacceptable risk of counterfeiting (making fake money) or would harm the safe and secure functioning of the United States economy. (Sec. 2) • Before delaying the deadline, the Secretary must consult with the Director of the Bureau of Engraving and Printing, the Federal Reserve Board, and the Director of the United States Secret Service and submit their decision to Congress. (Sec. 2)

What Changes

Twenty dollar bills printed after December 31, 2030 will display Harriet Tubman's likeness on their face instead of the current design.

Important Definitions

None defined in this bill.

Effective Date

December 31, 2030, with possible delay of not more than 2 years.

II 118TH CONGRESS 1ST SESSION S. 568 To require the Secretary of the Treasury to redesign $20 Federal reserve notes so as to include a likeness of Harriet Tubman, and for other purposes. IN THE SENATE OF THE UNITED STATES FEBRUARY 28, 2023 Mrs. SHAHEEN introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To require the Secretary of the Treasury to redesign $20 Federal reserve notes so as to include a likeness of Harriet Tubman, and for other purposes. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Harriet Tubman Trib- 4 ute Act of 2023’’. 5 SEC. 2. LIKENESS OF HARRIET TUBMAN REQUIRED TO BE 6 INCLUDED ON THE FACE OF $20 FEDERAL RE- 7 SERVE NOTES. 8 The eighth undesignated paragraph of section 16 of 9 the Federal Reserve Act (12 U.S.C. 418) is amended by 10 VerDate Sep 11 2014 01:13 Mar 08, 2023 Jkt 039200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S568.IS S568 kjohnson on DSK79L0C42PROD with BILLS 2 •S 568 IS adding at the end the following new sentence: ‘‘The Sec- 1 retary of the Treasury shall ensure that the face of all 2 $20 Federal reserve notes printed after December 31, 3 2030, shall bear the likeness of Harriet Tubman, except 4 that the Secretary may delay such date by not more than 5 2 years if the Secretary submits to the Committee on 6 Banking, Housing, and Urban Affairs of the Senate and 7 the Committee on Financial Services of the House of Rep- 8 resentatives a determination, after consultation with the 9 Director of the Bureau of Engraving and Printing, the 10 Board, and the Director of the United States Secret Serv- 11 ice, that issuing such notes after December 31, 2030, 12 would create an unacceptable risk of counterfeiting or to 13 the safe, secure, and speedy functioning of the United 14 States economy.’’. 15 Æ VerDate Sep 11 2014 01:13 Mar 08, 2023 Jkt 039200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\S568.IS S568 kjohnson on DSK79L0C42PROD with BILLS

Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.