H.R. 1976: Woman on the Twenty Act of 2025
This bill, titled the Woman on the Twenty Act of 2025, proposes changes to the design of the $20 U.S. banknote. It aims to require that all future $20 bills prominently feature a portrait of Harriet Tubman on the front face of the note. The key points of the bill are as follows:
Key Provisions
- The bill mandates that after December 31, 2028, no $20 notes will be printed without a portrait of Harriet Tubman.
- The Secretary of the Treasury is tasked with releasing a preliminary design for the new $20 note that features Tubman by December 31, 2026.
Background and Context
The bill references several historical points regarding U.S. currency:
- The dollar was established as the monetary unit of the U.S. in 1875.
- The Bureau of Engraving and Printing began producing paper money in 1877.
- The Federal Reserve Act of 1913 created the Federal Reserve and designated the issuance of Federal Reserve notes.
- Historically, the Secretary of the Treasury has selected the designs for U.S. currency with input from the Bureau of Engraving and Printing.
- Current $20 bills feature President Andrew Jackson, while other bills feature notable figures such as George Washington and Abraham Lincoln.
- No woman has ever been portrayed on U.S. paper currency since its introduction.
- Previous discussions regarding a woman's portrait on U.S. currency have occurred, with an announcement in 2016 that Harriet Tubman would be featured on the $20 bill.
Implications and Next Steps
Should the bill pass, it would initiate the process of redesigning the $20 banknote to reflect the new requirements. The design would honor Harriet Tubman's legacy, recognizing her contributions to American history and her role in the abolition of slavery.
Relevant Companies
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This is an AI-generated summary of the bill text. There may be mistakes.
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Actions
2 actions
Date | Action |
---|---|
Mar. 10, 2025 | Introduced in House |
Mar. 10, 2025 | Referred to the House Committee on Financial Services. |
Corporate Lobbying
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Potentially Relevant Congressional Stock Trades
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