The two-dollar bill was reissued as a Federal Reserve Note in 1976 with a Bicentennial-themed reverse.
The denomination had been discontinued in its previous United States Note form in 1966. Treasury Secretary William E. Simon announced its reissuance in November 1975, and Series 1976 notes became available from banks on April 13, Thomas Jefferson's birthday.
The new reverse featured an engraving based on John Trumbull's painting Declaration of Independence. The design choice coincided with the Bicentennial, although the note was reintroduced primarily as a cost-saving measure rather than being issued solely as a commemorative object.
The two-dollar note remains legal tender and carries Jefferson's portrait on the front. Its relative rarity in everyday transactions has led some people to assume it is obsolete or invalid, but neither is true. More than 590 million Series 1976 notes were produced.