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Bill > HR951


US HR951

250 Years of Service and Sacrifice Commemorative Coin Act


summary

Introduced
02/04/2025
In Committee
02/04/2025
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

A BILL To require the Secretary of the Treasury to mint coins in commemoration of the continual recognition of the Nation’s semiquincentennial by honoring over 250 years of Americans’ service and sacrifice.

AI Summary

This bill authorizes the Secretary of the Treasury to mint three different commemorative coins in 2028 to honor 250 years of American service and sacrifice, coinciding with the 250th anniversary of the Declaration of Independence. The coins will include a $5 gold coin (limited to 100,000 pieces), a $1 silver coin (limited to 500,000 pieces), and a half-dollar clad coin (limited to 750,000 pieces). Each coin will feature specific design requirements, including inscriptions like "Liberty" and "In God We Trust," and will be designed in consultation with the Stephen Siller Tunnel to Towers Foundation and the Commission of Fine Arts. The coins will be sold at a price that covers their face value, production costs, and includes a surcharge: $35 for gold coins, $10 for silver coins, and $5 for half-dollar coins. All surcharges will be donated to the Stephen Siller Tunnel to Towers Foundation to support programs benefiting Gold Star families, families of fallen first responders, and veterans, including providing mortgage-free homes, scholarships, and memorial projects. The bill ensures that the coin program will not result in any net cost to the government and adheres to existing limitations on commemorative coin programs. The coins will be available for purchase throughout 2028 and will be issued in both uncirculated and proof qualities.

Committee Categories

Business and Industry

Sponsors (14)

Last Action

Referred to the House Committee on Financial Services. (on 02/04/2025)

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