Bill > S2265

This bill establishes commemorative coin programs for the 2028 Olympic and Paralympic Games in Los Angeles and the 2034 Olympic and Paralympic Winter Games in Salt Lake City, Utah. The Secretary of the Treasury will mint four types of coins for each event: $5 gold coins, $1 silver coins, half-dollar clad coins, and 5-ounce proof silver $1 coins, with specific weight, diameter, and metal content requirements. Each coin series is limited to a maximum number of coins and will include standard inscriptions like "Liberty" and "In God We Trust". The coins will be designed in consultation with the U.S. Olympic and Paralympic Properties (for the 2028 Games) or the Organizing Committee (for the 2034 Games) and reviewed by the Citizens Coinage Advisory Committee. The coins will be sold at a price that covers their face value, production costs, and a surcharge ($35 for gold coins, $10 for silver coins, $5 for half-dollar coins, and $50 for proof silver coins). These surcharges will be donated to the respective Olympic organizing committees to support game-related expenses and legacy programs, such as promoting youth sports. The bill ensures that the coin programs will not result in any net cost to the federal government and limits the total number of commemorative coin programs to two per year.

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https://www.congress.gov/bill/119th-congress/senate-bill/2265/all-info