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Mandate to Print $500 Bills Featuring the 45th U.S. President.

This bill requires the Secretary of the Treasury to begin printing new $500 Federal Reserve notes. The legislation specifically mandates that these high-denomination notes must feature a portrait of the 45th President of the United States. This change introduces a new denomination of physical currency into circulation for the public.
Key points
Introduction of a new $500 Federal Reserve note denomination into circulation.
Requirement that the $500 note must feature a portrait of the 45th U.S. President.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_8620
Sponsor: Rep. Gosar, Paul A. [R-AZ-9]
Process start date: 2024-06-05
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

TRUMP Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_8620.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-06-05.

What are the main provisions?

Key points include:

  • Introduction of a new $500 Federal Reserve note denomination into circulation.
  • Requirement that the $500 note must feature a portrait of the 45th U.S. President.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Gosar, Paul A. [R-AZ-9].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Economy