Margaret Thatcher Congressional Gold Medal Act - Provides for the presentation of a congressional gold medal to Margaret Thatcher in recognition of her dedication to the values of free markets and free minds.
[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[S. 1 Introduced in Senate (IS)]
109th CONGRESS
2d Session
S. 1
To award a congressional gold medal to Margaret Thatcher, in
recognition of her dedication to the values of free markets and free
minds.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
December 8, 2006
Mr. Martinez (for himself, Mr. Kyl, Mrs. Dole, Mr. Hagel, Mr. Enzi, Mr.
Allard, and Mr. Allen) introduced the following bill; which was read
twice and referred to the Committee on Banking, Housing, and Urban
Affairs
_______________________________________________________________________
A BILL
To award a congressional gold medal to Margaret Thatcher, in
recognition of her dedication to the values of free markets and free
minds.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Margaret Thatcher Congressional Gold
Medal Act''.
SEC. 2. FINDINGS.
The Congress finds as follows:
(1) Margaret Thatcher was born in Grantham in Lincolnshire
in eastern England on October 13, 1925.
(2) Margaret Thatcher graduated from the University of
Oxford with degrees in both chemistry and law.
(3) At age 34, Margaret Thatcher's interest in politics
drove her to enter into Parliament.
(4) In 1975, after serving several years as Education
Minister, Margaret Thatcher was elected to lead the
Conservative Party.
(5) Margaret Thatcher became Prime Minister in 1979, a
position she held until 1990, becoming the longest serving
British Prime Minister in the 20th century.
(6) As Prime Minister, Margaret Thatcher led a revolution
in the privatization of nationalized industries, which led to
increased profits and the effects of which spilled over into
more than 50 countries on almost every continent and became one
of the United Kingdom's biggest contributions to practical
economics of the world.
(7) In 1982, Margaret Thatcher led the United Kingdom to
victory over Argentina in the battle for the Falkland Islands.
(8) Admired by Ronald Reagan, Margaret Thatcher's close
friendship with the United States led to a potent foreign
policy partnership that contributed to the end of Soviet
communism.
(9) Margaret Thatcher has received the Presidential Medal
of Freedom and the Republican Senatorial Medal of Freedom.
(10) The Congress wishes to express its gratitude and
admiration to Margaret Thatcher.
SEC. 3. CONGRESSIONAL GOLD MEDAL.
(a) Presentation Authorized.--The Speaker of the House of
Representatives and the President pro tempore of the Senate shall make
appropriate arrangements for the presentation, on behalf of the
Congress, of a gold medal of appropriate design to Margaret Thatcher,
in recognition of her dedication to the values of free markets and free
minds.
(b) Design and Striking.--For purposes of the presentation referred
to in subsection (a), the Secretary of the Treasury (hereafter in this
Act referred to as the ``Secretary'') shall strike a gold medal with
suitable emblems, devices, and inscriptions, to be determined by the
Secretary.
SEC. 4. DUPLICATE MEDALS.
The Secretary may strike and sell duplicates in bronze of the gold
medal struck pursuant to section 3 under such regulations as the
Secretary may prescribe, at a price sufficient to cover the cost
thereof, including labor, materials, dies, use of machinery, and
overhead expenses, and the cost of the gold medal.
SEC. 5. STATUS OF MEDALS.
(a) National Medals.--The medals struck pursuant to this Act are
national medals for purposes of chapter 51 of title 31, United States
Code.
(b) Numismatic Items.--For purposes of section 5134 of title 31,
United States Code, all medals struck under this Act shall be
considered to be numismatic items.
SEC. 6. AUTHORITY TO USE FUND AMOUNTS; PROCEEDS OF SALE.
(a) Authority to Use Fund Amounts.--There is authorized to be
charged against the United States Mint Public Enterprise Fund, such
amounts as may be necessary to pay for the costs of the medals struck
pursuant to this Act.
(b) Proceeds of Sale.--Amounts received from the sale of duplicate
bronze medals authorized under section 4 shall be deposited into the
United States Mint Public Enterprise Fund.
<all>
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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