The short answer
No. As of June 2026, no senator has introduced companion legislation to H.R.1761, the Donald J. Trump $250 Bill Act. The bill exists only in the House.
GlobalSecurity.org's analysis confirmed: "The parallel Senate has not introduced companion legislation."
Why companion legislation usually exists
When a House and a Senate work together on legislation that has serious passage prospects, companion bills typically get introduced in both chambers. This allows the bills to move in parallel rather than serially, accelerating the overall legislative process.
A high-profile bill in one chamber without a companion in the other is a procedural signal: either the bill's sponsors haven't found a willing chamber-counterpart, or the bill is not expected to advance far enough to matter in the other chamber.
H.R.1761 has now been pending for 16 months without a Senate companion. That gap is meaningful.
What it would take
For H.R.1761 to become law, the Senate would need to pass either:
Identical legislation. A senator could introduce a Senate version of H.R.1761 — same text, same purpose — and the two chambers could pass identical bills.
H.R.1761 itself. If H.R.1761 first passes the House, the Senate could take up the House-passed bill directly without introducing its own version.
A different vehicle. The $250 bill provisions could be added to other moving legislation (e.g., an appropriations bill, a Treasury reauthorization) as an amendment. This is possible but not currently happening.
None of these are in motion as of June 2026.
Why no senator has introduced one
A few plausible reasons:
The 60-vote threshold. ABC News' coverage noted explicitly: "It would still have to pass the Senate as well before it hits Trump's desk, requiring a bipartisan majority of 60 votes for passage. Democrats are expected to try to block the effort." A Republican senator introducing a bill with no realistic path to 60 votes is signaling, not legislating.
Senate prioritization. The Senate has limited floor time. Committee chairs and party leadership weigh what bills are worth taking up. A symbolic commemorative-currency bill competes with substantive legislative priorities.
Political risk. A senator introducing a Trump-on-currency bill puts their name on a contested political symbol. Senate Democrats — including those targeted in marginal seats by 2026 midterm campaigns — have shown willingness to fight on this issue (see the Change Corruption Act). A Republican senator may calculate that introducing companion legislation creates more political downside than benefit.
The administrative parallel tracks make it less urgent. The signature change, the $1 coin, and the gold coin are administrative actions that don't need H.R.1761 to proceed. From the Trump administration's perspective, the legislative pathway is one of several ways to put Trump on U.S. currency. The other ways are already moving.
Why this matters for the bill's prospects
A bill needing 60 Senate votes that has zero Senate cosponsors after 16 months has effectively no realistic path to becoming law through normal procedural channels.
This is one of the major factors built into the Polymarket 9% odds on the bill being issued in 2026. The legislative path isn't just stalled in the House — there's no Senate vehicle for it at all.
What would change the picture
A clear signal that the Senate path is opening would be:
A senator publicly introducing companion legislation. Any senator (Republican preferred for procedural reasons) introducing the bill's text in the Senate.
Senate Banking Committee interest. The Senate equivalent of House Financial Services is Senate Banking, chaired by Sen. Tim Scott (R-S.C.). Any signal of Banking Committee interest would be significant.
A reconciliation vehicle. If the $250 bill provisions were added to a reconciliation bill — which bypasses the 60-vote threshold — that would change the procedural calculation entirely. This is unlikely but procedurally possible.
A change in Senate party control. The 2026 midterms determine the next Senate. The current calculus could shift after the elections.
None of these are in motion as of writing. If one of them happens, this article will need updating — and the broader story will significantly change.