§5114. Engraving and printing currency and security documents
(a)
(1)
(2)
(A) the Secretary of the Treasury determines that such production will not interfere with engraving and printing needs of the United States; and
(B) the Secretary of State determines that such production would be consistent with the foreign policy of the United States.
(3)
(b) United States currency has the inscription "In God We Trust" in a place the Secretary decides is appropriate. Only the portrait of a deceased individual may appear on United States currency and securities. The name of the individual shall be inscribed below the portrait.
(c) The Secretary may make a contract to manufacture distinctive paper for United States currency and securities. To promote competition among manufacturers of the distinctive paper, the Secretary may split the award for the manufacture of the paper between the 2 bidders with the lowest prices a pound. When the Secretary decides that it is necessary to operate more than one mill to manufacture distinctive paper, the Secretary may-
(1) employ individuals temporarily at rates of pay equivalent to the rates of pay of regular employees; and
(2) charge the pay of the temporary employees to the appropriation available for manufacturing distinctive paper.
(
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
---|---|---|
5114(a) | 31:177. | Aug. 24, 1912, ch. 355, §1(4th par. under heading "Engraving and Printing"), |
Jan. 3, 1923, ch. 22(2d par. under heading "Bureau of Engraving and Printing"), |
||
31:415. | Mar. 3, 1877, ch. 105(provisos in par. under heading "Bureau of Engraving and Printing"), |
|
31:416. | R.S. §3577. | |
5114(b) | 31:324a. | July 11, 1955, ch. 303, |
31:413. | R.S. §3576. | |
31:414. | Mar. 2, 1889, ch. 411, §1(5th proviso under heading "Engraving and Printing"), |
|
5114(c) | 31:418. | July 1, 1916, ch. 209, §1(2d par. on p. 277), |
31:418a. | Aug. 11, 1951, ch. 301, §101(proviso under heading "Bureau of Engraving and Printing"), |
|
31:419. | Apr. 4, 1924, ch. 84(1st par. on p. 69), |
In subsection (a), the words "The Secretary of the Treasury shall engrave and print" are substituted for "The work of engraving and printing . . . shall be performed at the Treasury Department" in 31:415 because of the source provisions restated in section 321(c) of the revised title. The words "United States currency and security documents of the United States Government and currency and bonds of the United States territories and possessions" are substituted for "the backs and tints of all United States bonds, the backs and tints of all United States paper money, and the backs and tints of bonds and paper money issued by any of the insular possessions of the United States" in 31:177 to eliminate unnecessary words and for clarity and consistency in the revised title. The words "other security documents and checks" are substituted for "checks" because only currency and bonds must be printed from intaglio plates. The text of 31:177(1st proviso) is omitted as unnecessary because of the authority of the Secretary to engrave and print restated in the subsection and the source provisions restated in section 303 of the revised title. The text of 31:177(last proviso) is omitted as executed. The text of the first and 2d provisos in the 4th paragraph under the heading "Engraving and Printing" in section 1 of the Act of August 24, 1912 (ch. 355,
In subsection (b), the words "United States currency has the inscription" are substituted for "the dies shall bear . . . the inscription" in 31:324a for clarity. The words "At such time as new dies for the printing of currency are adopted" are omitted as executed. The words "and thereafter this inscription shall appear on all United States currency and coins" are omitted as unnecessary because of the restatement of the source provisions in this subsection and section 5112(d) of the revised title. The words "in connection with the current program of the Treasury Department to increase the capacity of presses utilized by the Bureau of Engraving and Printing" in the Act of July 11, 1955 (ch. 303,
In subsection (c), before clause (1), the words "subject to applicable regulations under the Federal Property and Administrative Services Act of 1949, as amended" in 31:418 are omitted as unnecessary. The words "On and after August 11, 1951" in 31:418a are omitted as executed. The words "received after advertisement" are omitted as unnecessary because of 41:252. The words "the Secretary decides" are added for clarity. In clause (1), the words "as may be necessary" in 31:419 are omitted as surplus. In clause (2), the word "pay" is substituted for "compensation" for consistency in the revised subsection and with other titles of the United States Code.
Editorial Notes
References in Text
Title III of the Act of March 3, 1933, referred to in subsec. (a)(3), is title III of act Mar. 3, 1933, ch. 212,
Amendments
2011-Subsec. (c).
2004-Subsec. (a).
Statutory Notes and Related Subsidiaries
Prohibition on Use of Funds for Manufacture of Distinctive Paper for Currency and Securities by Foreign Owned Corporations or Outside United States; Exception
Similar provisions were contained in the following prior appropriation act: