Introduced. Latest step, Mar 10, 2025: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. It would change 1 section of existing law.
How this bill changes the law
Sourced
S. 923 would change 1 section of existing law. Read from the bill text as introduced in the Senate (Mar 10, 2025).
adds
changes words
removes or repeals
renumbers
Dashed lines: proposed, not law.
S. 923Bill
Sec. 2Likeness of Harriet Tubman required to be included on the face of $20 Federal reserve notes1 change
12 U.S.C. 418Printing of notes; denomination and form
The bill says: The eighth undesignated paragraph of section 16 of the Federal Reserve Act (12 U.S.C. 418) is amended by adding at the end the following new sentence: "The Secretary of the Treasury shall ensure that the face of all $20 Federal reserve notes printed after December 31, 2030, shall bear the likeness of Harriet Tubman, except that the Secretary may delay such date by not more than 2 years if the Secretary submits to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives a determination, after consultation with the Director of the Bureau of Engraving and Printing, the Board, and the Director of the United States Secret Service, that issuing such notes after December 31, 2030, would create an unacceptable risk of counterfeiting or to the safe, secure, and speedy functioning of the United States economy.".
From the bill's official text on GovInfo and the U.S. Code, 2024 edition, which may not yet show changes made since.
What it does
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Harriet Tubman Tribute Act of 2025
This bill directs the Department of the Treasury to ensure that the face of all $20 federal reserve notes printed after December 31, 2030, bear the likeness of Harriet Tubman. Treasury may delay this date by not more than two years if the deadline creates an unacceptable risk (1) of counterfeiting; or (2) to the safe, secure, and speedy functioning of the United States economy.
Official summary by the Congressional Research Service (Introduced in Senate, Mar 10, 2025).
Our plain-language breakdown, with what it means for you and the case for and against, is written once a bill starts to move.
What has happened
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Mar 10, 2025Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Senate
Mar 10, 2025Introduced in SenateLibrary of Congress