US President Donald Trump’s administration is preparing to print a new $250 bill that could feature a portrait of him, if lawmakers allow the move.

Federal law bars printing US money with the image of a living person, but Trump allies in Congress have introduced legislation that would make an exception.

A Treasury Department spokesperson told the BBC the agency “is conducting appropriate planning and due diligence” in response to the legislation.

The lawmakers behind it said the bill amount would symbolise the country’s 250th anniversary this year. If approved, it will be the latest example by Trump and his allies to put his face, name, and likeness on national institutions and symbols.

Artistic concepts of the $250 bill have not been publicly released but designs have been requested by the Bureau of Engraving and Printing (BEP), a sub-agency of the Treasury that develops and produces US currency. The Washington Post first reported the Treasury Department’s plans.

“Should this legislative mandate be signed into law, the BEP is moving proactively to produce a $250 commemorative note which will appropriately recognize the 250th Anniversary of our great nation,” the Treasury spokesperson said in a statement.