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Why are there no Carter, Bush, or Obama Presidential Dollars?

The Ronald Reagan Presidential Dollar issue is the last in the Presidential Dollar series. All remaining presidents, including Carter 39, Bush 41, B. Clinton 42, Bush 43, and Obama 44 are still living, and therefore ineligible by federal law to have their image on a US coin. This has been the law of the land since long before it was more formalized by Congress in the 1950's. A two year gap from the date of death is required before consideration can be given to putting a former Presidents image on any US currency. According to the US Mint, the Presidential Dollar Program is now completed and no more will be added for the foreseeable future.