National Women's Hall of Fame Commemorative Coin Act of 2020
This bill directs the Department of the Treasury to mint and issue $5 gold coins, $1 silver coins, half-dollar clad coins, and proof silver $1 coins in recognition and celebration of the National Women's Hall of Fame in Seneca Falls, New York.
All minted coins shall include a specified surcharge, which shall be paid to the National Women's Hall of Fame Foundation to establish an endowment fund to provide for the long-term financing of the hall's operations.
[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8242 Introduced in House (IH)]
<DOC>
116th CONGRESS
2d Session
H. R. 8242
To require the Secretary of the Treasury to mint coins in recognition
and celebration of the National Women's Hall of Fame.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
September 14, 2020
Mr. Morelle (for himself, Ms. Moore, Ms. Meng, Mr. Reed, Ms. DeLauro,
Ms. Judy Chu of California, Ms. Kaptur, Mr. Brindisi, Mr. Beyer, Ms.
Velazquez, Mr. Tonko, Ms. Lee of California, Ms. Norton, Miss Rice of
New York, Mr. Katko, Mr. Zeldin, Mrs. Carolyn B. Maloney of New York,
Ms. Brownley of California, Mr. Nadler, Mrs. Dingell, Mr. Engel, Mr.
Rose of New York, Mr. Sean Patrick Maloney of New York, Mr. Neguse, Mr.
McGovern, Mr. Swalwell of California, Mr. Cartwright, Ms. Garcia of
Texas, Mr. Grijalva, Mr. Meeks, Mr. Espaillat, Ms. Schakowsky, Ms.
Dean, Mr. Harder of California, and Ms. Kendra S. Horn of Oklahoma)
introduced the following bill; which was referred to the Committee on
Financial Services
_______________________________________________________________________
A BILL
To require the Secretary of the Treasury to mint coins in recognition
and celebration of the National Women's Hall of Fame.
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 ``National Women's Hall of Fame
Commemorative Coin Act of 2020''.
SEC. 2. FINDINGS.
The Congress finds the following:
(1) In 1969, the National Women's Hall of Fame was
established in Seneca Falls, New York, the location of the
first Women's Rights Convention in 1848. A total of 276 women
have been inducted represented well by the first class that
included Jane Addams, Marian Anderson, Susan B. Anthony, Clara
Barton, Mary MacLeod Bethune, Elizabeth Blackwell, Pearl S.
Buck, Rachel Carson, Mary Cassatt, Emily Dickinson, Amelia
Earhart, Alice Hamilton, Helen Hayes, Helen Keller, Eleanor
Roosevelt, Florence Sabin, Margaret Chase Smith, Elizabeth Cady
Stanton, Helen Brooke Taussig, and Harriet Tubman.
(2) The National Women's Hall of Fame is the Nation's
oldest membership organization dedicated to recognizing and
celebrating the achievements of great American women.
(3) The involvement of women in the Nation's history is
inadequately chronicled, commemorated, and celebrated as
reflected in the following:
(A) Fewer than 5 percent of the 2,596 national
historic landmarks chronicle women's achievements.
(B) Only nine of the 112 statues in the Capitol's
Statuary Hall are of women.
(C) The National Park Service notes that only three
of the 130 national monuments in the United States are
dedicated to historic female figures.
(D) Of the 5,575 outdoor sculpture portraits of
historical figures in the United States, 559 portray
women according to the Smithsonian American Art
Museum's online inventories catalog.
(E) Six of the 89 National Historic Sites
commemorate women.
(F) Only 219 United States Postal Stamps were
issued to commemorate women.
(4) The National Women's Hall of Fame will complete
rehabilitation of its new home at the former Seneca Falls
Knitting Mill, which is a historic building included in the
National Historic Registry. The new building has over 20,000
square feet available for artifacts to ensure that women's
history and women's contribution to American history will be
preserved and recounted for future generations.
(5) The National Women's Hall of Fame plans to design an
educational program utilizing video conference technology with
students and teachers participating in interactive lessons led
by educators from the National Women's Hall of Fame. This
program will provide important lessons on the impact that women
have had on mathematics, geography, education, sciences,
medicine, military, government, civil rights, economics,
industrial technology, arts, and communication.
SEC. 3. COIN SPECIFICATIONS.
(a) Denominations.--In recognition and celebration of the National
Women's Hall of Fame, the Secretary of the Treasury (hereafter in this
Act referred to as the ``Secretary'') shall mint and issue the
following coins:
(1) $5 gold coins.--Not more than 50,000 $5 coins, which
shall--
(A) weigh 8.359 grams;
(B) be struck on a planchet having diameter of
0.850 inches; and
(C) contain not less than 90 percent gold.
(2) $1 silver coins.--Not more than 400,000 $1 coins, which
shall--
(A) weigh 26.73 grams;
(B) be struck on a planchet having a diameter of
1.500 inches; and
(C) contain not less than 90 percent silver.
(3) Half-dollar clad coins.--Not more than 750,000 half-
dollar coins which shall--
(A) weigh 11.34 grams;
(B) be struck on a planchet having a diameter of
1.205 inches; and
(C) be minted to the specifications for half-dollar
coins contained in section 5112(b) of title 31, United
States Code.
(4) Proof silver $1 coins.--Not more than 100,000 proof $1
silver coins which shall--
(A) weigh 5 ounces;
(B) be struck on a planchet having a diameter of 3
inches; and
(C) contain .999 fine silver.
(b) Legal Tender.--The coins minted under this Act shall be legal
tender, as provided in section 5103 of title 31, United States Code.
(c) Numismatic Items.--For purposes of sections 5134 and 5136 of
title 31, United States Code, all coins minted under this Act shall be
considered to be numismatic items.
(d) Sense of Congress.--It is the sense of Congress that, to the
extent possible without significantly adding to the purchase price of
the coins, the coins minted under this Act should be produced in a
fashion that provides a more dramatic display of the obverse design.
SEC. 4. DESIGNS OF COINS.
(a) Designs Requirements.--
(1) In general.--The designs of the coins minted under this
section shall be emblematic of the impact that women have had
on mathematics, geography, education, sciences, medicine,
military, government, civil rights, economics, industrial
technology, arts, and communication.
(2) Designation and inscriptions.--On each coin minted
under this Act there shall be--
(A) a designation of the denomination of the coin;
(B) an inscription of the year ``2023''; and
(C) inscriptions of the words ``Liberty'', ``In God
We Trust'', ``United States of America'', and ``E
Pluribus Unum''.
(b) Selection.--The designs of the coins minted under this Act
shall be--
(1) selected by the Secretary after consultation with--
(A) the National Women's Hall of Fame; and
(B) the Commission of Fine Arts; and
(2) reviewed by the Citizens Coinage Advisory Committee.
SEC. 5. ISSUANCE OF COINS.
(a) Quality of Coins.--Coins minted under this Act shall be issued
in uncirculated and proof qualities.
(b) Period for Issuance.--The Secretary may issue coins minted
under this Act only during the 1-year period beginning on January 1,
2023.
SEC. 6. SALE OF COINS.
(a) Sale Price.--The coins issued under this Act shall be sold by
the Secretary at a price equal to the sum of--
(1) the face value of the coins;
(2) the surcharge provided in section 7(a) with respect to
such coins; and
(3) the cost of designing and issuing the coins (including
labor, materials, dies, use of machinery, winning design
compensation, overhead expenses, marketing, and shipping).
(b) Bulk Sales.--The Secretary shall make bulk sales of the coins
issued under this Act at a reasonable discount.
(c) Prepaid Orders.--
(1) In general.--The Secretary shall accept prepaid orders
for the coins minted under this Act before the issuance of such
coins.
(2) Discount.--Sale prices with respect to prepaid orders
under paragraph (1) shall be at a reasonable discount.
(d) Marketing and Educational Campaign.--The Secretary shall
develop and execute a marketing, promotion, and educational program to
promote the collecting of the coins authorized under this Act.
SEC. 7. SURCHARGES.
(a) In General.--All sales of coins minted under this Act shall
include a surcharge as follows:
(1) A surcharge of $35 per coin for the $5 coin.
(2) A surcharge of $10 per coin for the $1 coin described
under section 3(a)(2).
(3) A surcharge of $5 per coin for the half-dollar coin.
(4) A surcharge of $50 per coin for the $1 coin described
under section 3(a)(4)
(b) Distribution.--Subject to section 5134(f) of title 31, United
States Code, all surcharges received by the Secretary from the sale of
coins issued under this Act shall be promptly paid by the Secretary to
the National Women's Hall of Fame Foundation to establish an endowment
fund that will provide long-term financing for the National Women's
Hall of Fame's operations.
(c) Audits.--The National Women's Hall of Fame Foundation shall be
subject to the audit requirements of section 5134(f)(2) of title 31,
United States Code, with regard to the amounts received under
subsection (b).
(d) Limitation.--Notwithstanding subsection (a), no surcharge may
be included with respect to the issuance under this Act of any coin
during a calendar year if, as of the time of such issuance, the
issuance of such coin would result in the number of commemorative coin
programs issued during such year to exceed the annual commemorative
coin program issuance limitation under section 5112(m)(1) of title 31,
United States Code (as in effect on the date of the enactment of this
Act). The Secretary of the Treasury may issue guidance to carry out
this subsection.
SEC. 8. FINANCIAL ASSURANCES.
The Secretary shall take such actions as may be necessary to ensure
that--
(1) minting and issuing coins under this Act will not
result in any net cost to the United States Government; and
(2) no funds, including applicable surcharges, are
disbursed to any recipient designated in section 7 until the
total cost of designing and issuing all of the coins authorized
by this Act (including labor, materials, dies, use of
machinery, winning design compensation, overhead expenses,
marketing, and shipping) is recovered by the United States
Treasury, consistent with sections 5112(m) and 5134(f) of title
31, United States Code.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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