Prime Minister Golda Meir Commemorative Coin Act
This bill directs the Department of the Treasury to mint and issue not more than 50,000 $5 gold coins, 400,000 $1 silver coins, and 750,000 half-dollar clad coins in commemoration of Golda Meir, former Prime Minister of Israel, and the 75th anniversary of the United States-Israel relationship.
All surcharges received by Treasury from the sale of such coins must be paid to the American Friends of Kiryat Sanz Laniado Hospital Inc.
[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 987 Introduced in House (IH)]
<DOC>
118th CONGRESS
1st Session
H. R. 987
To require the Secretary of the Treasury to mint coins in recognition
of the late Prime Minister Golda Meir and the 75th anniversary of the
United States-Israel relationship.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
February 10, 2023
Ms. Wasserman Schultz (for herself and Mr. Garbarino) 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
of the late Prime Minister Golda Meir and the 75th anniversary of the
United States-Israel relationship.
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 ``Prime Minister Golda Meir
Commemorative Coin Act''.
SEC. 2. FINDINGS.
(a) Congress finds the following:
(1) Prime Minister of Israel Golda Meir was born on May 3,
1898, in Kyiv, Ukraine.
(2) Prime Minister Golda Meir moved to Milwaukee, Wisconsin
with her family in 1906.
(3) Growing up in a time where women were not expected to
receive an education and pursue a career, Prime Minister Golda
Meir fought against the status quo and defied her parents by
moving to Denver, Colorado to live with her sister.
(4) In 1921, Prime Minister Golda Meir emigrated with her
husband to Mandatory Palestine where she worked as head of the
Political Department of the Jewish Agency for Palestine, the
chief Jewish liaison with the British, during World War II.
(5) When the State of Israel declared its independence in
1948, Prime Minister Golda Meir was a signer of its declaration
of independence.
(6) Prime Minister Golda Meir served as the fourth Prime
Minister of the State of Israel from 1969 to 1974.
(7) Prime Minister Golda Meir is remembered today as the
first female Prime Minister of the State of Israel and a
trailblazer for women's rights.
(8) Prime Minister Golda Meir is additionally remembered
for the unique relationship she had with the United States and
its people, evident by her adorning the cover of Time Magazine
in 1969 and being voted by the people of the United States as
Gallup's ``Most Admired Woman'' in 1971, 1973, and 1974.
(b) Purpose.--The purpose of this Act is to honor and commemorate--
(1) the 75th anniversary of the United States-Israel
relationship;
(2) the first female Prime Minister of the State of Israel,
Golda Meir; and
(3) the unique relationship Prime Minister Golda Meir had
with the United States.
SEC. 3. COIN SPECIFICATIONS.
(a) Denominations.--In commemoration of the late Prime Minister
Golda Meir and the 75th anniversary of the United States-Israel
relationship, 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) have a diameter of 0.850 inches; and
(C) contain at least 90 percent gold.
(2) $1 silver coins.--Not more than 400,000 $1 coins, which
shall--
(A) weigh 26.73 grams;
(B) have a diameter of 1.500 inches; and
(C) contain at least 90 percent silver.
(3) Half-dollar clad coins.--Not more than 750,000 half-
dollar coins which shall--
(A) weigh 11.34 grams;
(B) have 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.
(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.
SEC. 4. DESIGN OF COINS.
(a) Design Requirements.--
(1) In general.--The design of the coins minted under this
Act shall bear an image of and the name of Prime Minister Golda
Meir on the obverse side.
(2) Designation and inscriptions.--On each coin minted
under this Act, there shall be--
(A) a designation of the value of the coin;
(B) an inscription of ``Golda Meir'', ``Israel
75'', and the year ``2026''; and
(C) inscriptions of the words ``Liberty'', ``In God
We Trust'', ``United States of America'', and ``E
Pluribus Unum''.
(b) Selection.--The design for the coins minted under this Act
shall be--
(1) selected by the Secretary after consultation with the
American Friends of Kiryat Sanz Laniado Hospital Inc.; 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) Mint Facility.--Only 1 facility of the United States Mint may
be used to strike any particular quality of the coins minted under this
Act.
(c) Period for Issuance.--The Secretary may issue coins under this
Act only during the period beginning on January 1, 2026, and ending on
December 31, 2026.
SEC. 6. SALE OF COINS.
(a) Sale Price.--The coins issued under this Act shall be sold by
the Secretary at the price equal to the sum of--
(1) the face value of the coins;
(2) the surcharge provided under section 7(a) with respect
to the coins; and
(3) the cost of designing and issuing the coins (including
labor, materials, dies, use of machinery, 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 the
coins.
(2) Discount.--Sale prices with respect to prepaid orders
under paragraph (1) shall be at a reasonable discount.
SEC. 7. SURCHARGES.
(a) In General.--All sales of coins issued under this Act shall
include--
(1) a surcharge of $35 per coin for the $5 coins;
(2) a surcharge of $10 per coin for the $1 coins; and
(3) a surcharge of $5 per coin for the half-dollar coin.
(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 American Friends of Kiryat Sanz Laniado Hospital Inc. for the
purpose of--
(1) the continued growth of, support for, and the promotion
of Kiryat Sanz Laniado Hospital; and
(2) the furtherance of the missions and goals of Kiryat
Sanz Laniado Hospital.
(c) Audits.--The American Friends of Kiryat Sanz Laniado Hospital
Inc. shall be subject to the audit requirements of section 5134(f)(2)
of title 31, United States Code, with respect 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 2 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 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 result 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,
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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