1. Short title This Act may be cited as the American Innovation $1 Coin Act . 2. American innovation $1 coin program Section 5112 of title 31, United States Code, is amended by inserting after subsection (v) the following new subsection: (w) Redesign and issuance of $1 coins honoring innovation and innovators from each State, the District of Columbia, and each territory (1) Redesign beginning in 2019 (A) In general Notwithstanding subsection (d)(1) and subsection (d)(2) and in accordance with the provisions of this subsection, during the 14-year period beginning on January 1, 2019 (or such later date as provided under subparagraph (B)(ii)), the Secretary of the Treasury shall mint and issue $1 coins to be known as American Innovation $1 coins , that— (i) have designs on the obverse selected in accordance with paragraph (2)(A); and (ii) have a design on the reverse selected in accordance with paragraph (2)(B). (B) Continuity provisions (i) In general Notwithstanding subparagraph (A), the Secretary shall continue to mint and issue $1 coins honoring Native Americans and their contributions in accordance with subsection (r). (ii) First coin Notwithstanding subparagraph (A), if the Secretary finds that it is feasible and cost-effective, the Secretary may mint and issue a $1 coin in 2018 to introduce the series of coins described in this subsection, that— (I) has the obverse described under paragraph (2)(A); (II) has a reverse that bears the inscription United States of America and American Innovators and a representation of the signature of President George Washington on the first United States patent issued; (III) has the edge-incusing described under paragraph (2)(C)