[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3867 Introduced in House (IH)]
113th CONGRESS
2d Session
H. R. 3867
To require the Secretary of the Treasury to mint coins in commemoration
of the National Purple Heart Hall of Honor.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
January 14, 2014
Mr. Sean Patrick Maloney of New York (for himself, Mr. Gibson, Mr.
Maffei, Mr. Cooper, Mr. McIntyre, Mr. Takano, Mr. Matheson, Mr.
Conaway, Mr. Owens, Mr. Larsen of Washington, Mr. Collins of New York,
Mr. Hanna, Mr. King of New York, Mrs. Carolyn B. Maloney of New York,
Mr. Kennedy, Mr. Deutch, Mr. Kilmer, and Mr. Crowley) 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 commemoration
of the National Purple Heart Hall of Honor.
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 Purple Heart Hall of Honor
Commemorative Coin Act''.
SEC. 2. FINDINGS.
The Congress finds the following:
(1) The National Purple Heart Hall of Honor's mission is--
(A) to commemorate the extraordinary sacrifice of
America's servicemen and servicewomen who were killed
or wounded in combat; and
(B) to collect and preserve the stories of National
Purple Heart recipients from all branches of service
and across generations to ensure that all recipients
are represented.
(2) The National Purple Heart Hall of Honor first opened
its doors on November 10, 2006, in New Windsor, NY.
(3) The National Purple Heart Hall of Honor is located at
the New Windsor Cantonment State Historic Site, where General
George Washington's Army camped during the Revolutionary War
and where he first awarded the Badge of Military Merit, a piece
of purple cloth that became the model for the Purple Heart.
(4) The National Purple Heart Hall of Honor is the first to
recognize the more than 1.7 million U.S. servicemembers wounded
or killed in action ranging from the American Revolutionary War
to the present day, serving as a living memorial to their
sacrifice by sharing their stories through interviews, exhibits
and the Roll of Honor, an interactive computer database of each
recipient.
SEC. 3. COIN SPECIFICATIONS.
(a) Denominations.--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 90 percent gold and 10 percent alloy.
(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 90 percent silver and 10 percent
copper.
(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 section 5134 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 be emblematic of the National Purple Heart Hall of
Honor.
(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 the year ``2017''; 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
Commission of Fine Arts and the National Purple Heart Hall of
Honor, 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 the West Point 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 minted
under this Act only during the 1-year period beginning on January 1,
2017.
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, 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.
SEC. 7. SURCHARGES.
(a) In General.--All sales of coins issued under this Act shall
include a surcharge of--
(1) $35 per coin for the $5 coin;
(2) $10 per coin for the $1 coin; and
(3) $5 per coin for the half-dollar coin.
(b) Distribution.--Subject to section 5134(f)(1) 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 Purple Heart Hall of Honor, Inc., to help
finance the construction of a new building and renovation of existing
National Purple Heart Hall of Honor facilities.
(c) Audits.--The National Purple Heart Hall of Honor, Inc., 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 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 of the Treasury may issue guidance to carry out
this subsection.
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