STUDY OF WITHDRAWAL OF LEGAL TENDER STATUS OF $100 FEDERAL RESERVE NOTES.

SEC. 6187. STUDY OF WITHDRAWAL OF LEGAL TENDER STATUS OF $100 FEDERAL RESERVE NOTES. (a) Study Required.—The Secretary of the Treasury, in consultation with appropriate law enforcement agencies, shall conduct a study of the feasibility of withdrawing the legal tender status of $100 Federal Reserve notes. (b) Factors To Be Considered.—The study conducted pursuant to subsection (a) by the Secretary of the Treasury shall include an analysis of the following factors: 102 STAT. 4359 (1) Whether $100 Federal Reserve notes are being used predominately for illegal activities, especially drug-related transactions. (2) Whether withdrawing the legal tender status of $100 Federal Reserve notes would help deter such illegal activities. (3) Whether withdrawing the legal tender status of $100 Federal Reserve notes would impair legitimate business transactions. (4) Whether withdrawing the legal tender status of $50 Federal Reserve notes (in addition to the $100 notes) would result in even greater deterrence of illegal activities. (c) Report Required.—Before the end of the 180-day period beginning on the date of the enactment of this Act, the Secretary of the Treasury shall submit a report to the Congress on the study conducted pursuant to subsection (a).