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Union Calendar No. 347

108TH CONGRESS 

2D SESSION H. R. 1914

[Report No. 108–472, Parts I and II] 

To provide for the issuance of a coin to commemorate the 400th anniversary 

of the Jamestown settlement. 

IN THE HOUSE OF REPRESENTATIVES 

MAY 1, 2003

Mrs. JO ANN DAVIS of Virginia (for herself, Mr. SCHROCK, Mr. SCOTT of Virginia, Mr. FORBES, Mr. GOODE, Mr. GOODLATTE, Mr. CANTOR, Mr. 

MORAN of Virginia, Mr. BOUCHER, Mr. WOLF, Mr. TOM DAVIS of Virginia, Mr. ABERCROMBIE, and Mr. FARR) introduced the following bill; 

which was referred to the Committee on Financial Services 

APRIL 27, 2004

Reported from the Committee on Banking and Financial Services 

APRIL 27, 2004

Referred sequentially to the House Committee on Ways and Means for a period ending not later than July 6, 2004 for consideration of such provisions of the bill as fall within the jurisdiction of that committee pursuant 

to clause 1(s), rule X 

JULY 6, 2004

Additional sponsors: Mr. FROST, Mr. CRANE, Mr. SKELTON, Mr. JONES of 

North Carolina, Mr. OTTER, Mr. COLE, Mr. KLINE, Mr. 

RUPPERSBERGER, Mr. PLATTS, Mrs. MILLER of Michigan, Mr. GUTKNECHT, Mr. HINCHEY, Ms. JACKSON-LEE of Texas, Mrs. JONES of 

Ohio, Mr. KING of Iowa, Mrs. MYRICK, Mr. SIMMONS, Mr. BARTLETT

of Maryland, Mr. SOUDER, Mr. MILLER of Florida, Mr. MARSHALL, Ms. 

LEE, Mr. SNYDER, Mr. FALEOMAVAEGA, Mr. GILLMOR, Mr. BROWN of 

South Carolina, Mr. STENHOLM, Mr. BLUNT, Mr. LEWIS of California, 

Mr. BRADLEY of New Hampshire, Mr. BURNS, Mr. PETERSON of Minnesota, Mr. MCNULTY, Mr. CAMP, Mr. DEMINT, Mr. TOWNS, Mr. DOOLITTLE, Mr. HERGER, Mr. WALSH, Mr. OSE, Mrs. BLACKBURN, Mr. 

WICKER, Mr. SAXTON, Ms. HART, Mr. COX, Mr. JANKLOW, Mrs. CAPITO, 

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Mr. JOHNSON of Illinois, Mr. WILSON of South Carolina, Mr. 

BALLENGER, Mr. CRAMER, Mr. BISHOP of Georgia, Mr. SULLIVAN, Mr. 

RANGEL, Mr. ETHERIDGE, Mr. LEWIS of Georgia, Mr. ENGLISH, Mr. 

MILLER of North Carolina, Mr. MCINTYRE, Mr. KINGSTON, Mr. VAN

HOLLEN, Mr. FEENEY, Ms. HARRIS, Mr. CLYBURN, Mr. CARDIN, Mr. 

GILCHREST, Mr. ISAKSON, Mr. MOLLOHAN, Mr. RAHALL, Mr. SPRATT, 

Mr. WAXMAN, Mr. UPTON, Mr. MCKEON, Mr. HOEKSTRA, Mr. 

LATOURETTE, Mr. REHBERG, Ms. ROS-LEHTINEN, Mr. SHUSTER, Mr. 

TIBERI, Mr. OSBORNE, Mr. PORTER, Mr. THORNBERRY, Mr. TIAHRT, 

Mr. CUNNINGHAM, Ms. GINNY BROWN-WAITE of Florida, Mr. BOOZMAN, 

Mr. GINGREY, Mr. KENNEDY of Minnesota, Mr. LINDER, Mr. 

ADERHOLT, Mr. BEREUTER, Mrs. BIGGERT, Mr. BILIRAKIS, Mr. 

BOEHNER, Mr. BOSWELL, Mr. BOYD, Mr. BURTON of Indiana, Mr. 

BUYER, Mr. COLLINS, Mr. DAVIS of Illinois, Mrs. DAVIS of California, 

Mr. DEAL of Georgia, Mr. HAYWORTH, Ms. HOOLEY of Oregon, Mr. 

HYDE, Mr. ISSA, Mrs. JOHNSON of Connecticut, Mrs. KELLY, Mr. 

LAHOOD, Mr. LUCAS of Kentucky, Ms. MCCARTHY of Missouri, Ms. 

MILLENDER-MCDONALD, Mr. MURPHY, Mr. PENCE, Mr. PUTNAM, Mrs. 

TAUSCHER, Mr. TAYLOR of Mississippi, Mr. WELDON of Pennsylvania, 

Mr. WELDON of Florida, Mr. FLETCHER, Mr. GOSS, Mr. BROWN of Ohio, 

Mr. ACKERMAN, Mr. EHLERS, Mr. FOSSELLA, Mr. HEFLEY, Mr. HOYER, 

Mrs. MUSGRAVE, Mr. ROGERS of Michigan, Mr. SMITH of Michigan, Mr. 

TAUZIN, Ms. WATERS, Mr. MCCOTTER, Mr. GREEN of Texas, Mr. 

MOORE, Mr. SESSIONS, Mr. BURR, Mr. COBLE, Ms. DUNN, Mr. GIBBONS, Ms. GRANGER, Mr. HOUGHTON, Mr. LEACH, Mr. SMITH of New 

Jersey, Mr. BAKER, Mr. BLUMENAUER, Mr. CARTER, Mr. MCCRERY, Mr. 

BISHOP of Utah, Mr. BONILLA, Mr. CULBERSON, Mr. DELAHUNT, Mr. 

LINCOLN DIAZ-BALART of Florida, Mr. MARIO DIAZ-BALART of Florida, 

Mr. DREIER, Mr. HOSTETTLER, Mr. HUNTER, Mr. KELLER, Mr. 

KNOLLENBERG, Mr. PICKERING, Mr. RENZI, Mr. RYUN of Kansas, Mr. 

STEARNS, Mr. TERRY, Mr. WELLER, Mr. BRADY of Texas, Mr. 

CUMMINGS, Mr. DICKS, Mrs. EMERSON, Mr. FRELINGHUYSEN, Mr. 

FLAKE, Mr. GREEN of Wisconsin, Mr. GREENWOOD, Mr. HASTINGS of 

Washington, Mr. KENNEDY of Rhode Island, Mr. LEWIS of Kentucky, 

Mr. MCINNIS, Mr. MICA, Mr. NORWOOD, Mr. POMBO, Mr. PORTMAN, Mr. 

RYAN of Wisconsin, Mr. SHADEGG, Mr. WAMP, Mr. YOUNG of Florida, 

Mrs. CAPPS, Mr. CLAY, Mr. DUNCAN, Mr. FOLEY, Mr. HASTINGS of 

Florida, Ms. EDDIE BERNICE JOHNSON of Texas, Mr. KIRK, Mr. 

LATHAM, Ms. MCCOLLUM, Mr. MCHUGH, Mrs. NAPOLITANO, Mrs. 

NORTHUP, Mr. REYES, Mr. REYNOLDS, Ms. SCHAKOWSKY, Mr. SHAW, 

Mr. SWEENEY, Mr. VITTER, Ms. WATSON, Mr. WEXLER, Mr. 

WHITFIELD, Mr. SERRANO, Mr. BASS, Mr. GERLACH, Mr. BEAUPREZ, 

Mr. PEARCE, Mr. SHERWOOD, Mr. SHIMKUS, Mr. THOMAS, Mr. ROHRABACHER, Mr. BACHUS, Mr. BARTON of Texas, Ms. BERKLEY, Mrs. 

BONO, Mr. CARSON of Oklahoma, Mr. CHABOT, Mr. CHOCOLA, Mr. COOPER, Ms. DELAURO, Mr. DOOLEY of California, Mr. EMANUEL, Mr. 

FORD, Mr. FRANKS of Arizona, Mr. GRAVES, Mr. HALL, Mr. 

HENSARLING, Mr. HULSHOF, Mr. ISRAEL, Mr. LANGEVIN, Mrs. LOWEY, 

Mr. MANZULLO, Mr. MARKEY, Mr. MATHESON, Mr. MEEKS of New 

York, Mr. MENENDEZ, Mr. GARY G. MILLER of California, Mr. PITTS, 

Ms. PRYCE of Ohio, Mr. QUINN, Mr. RADANOVICH, Mr. ROGERS of KenVerDate jul 14 2003 04:15 Aug 10, 2004 Jkt 029200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6652 E:\BILLS\H1914.RH H1914
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tucky, Mr. SHERMAN, Mr. SIMPSON, Mr. TANCREDO, Mr. WALDEN of Oregon, Mr. YOUNG of Alaska, Mr. NEUGEBAUER, Mr. AKIN, Mr. CASTLE, 

Mr. COSTELLO, Mr. DAVIS of Alabama, Mr. DEUTSCH, Mr. DINGELL, 

Mr. ENGEL, Mr. EVANS, Mr. GORDON, Mr. HONDA, Ms. KAPTUR, Ms. 

KILPATRICK, Mr. KOLBE, Mr. KUCINICH, Mr. LAMPSON, Mr. LANTOS, 

Mr. LIPINSKI, Ms. LOFGREN, Ms. MAJETTE, Mr. NADLER, Mr. OLVER, 

Mr. ORTIZ, Ms. LINDA T. SA ́NCHEZ of California, Mr. SCOTT of Georgia, 

Mr. SHAYS, Ms. SLAUGHTER, Mr. TURNER of Texas, Mr. WYNN, Mr. 

DEFAZIO, Mr. DOGGETT, Ms. BALDWIN, Mr. HOEFFEL, Mr. JENKINS, 

Mr. MCGOVERN, and Mr. CALVERT

JULY 6, 2004

Reported from the Committee on Ways and Means with an amendment; committed to the Committee of the Whole House on the State of the Union 

and ordered to be printed 

[Insert the part printed in italic] 

A BILL

To provide for the issuance of a coin to commemorate the 

400th anniversary of the Jamestown settlement.

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled,

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Jamestown 400th An5 niversary Commemorative Coin Act of 2003’’. 

6 SEC. 2. FINDINGS. 

7 The Congress makes the following findings: 

8 (1) The founding of the colony at Jamestown, 

9 Virginia, in 1607, the first permanent English col10 ony in America, and the capital of Virginia for 92 

11 years, has major significance in the history of the 

12 United States. 

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1 (2) The Jamestown Settlement brought people 

2 from throughout the Atlantic Basin together to form 

3 a society that drew upon the strengths and charac4 teristics of English, European, African, and Native 

5 American cultures. 

6 (3) The economic, political, religious, and social 

7 institutions that developed during the first 9 decades 

8 of the existence of Jamestown continue to have pro9 found effects on the United States, particularly in 

10 English common law and language, cross cultural re11 lationships, manufacturing, and economic structure 

12 and status. 

13 (4) The National Park Service, the Association 

14 for the Preservation of Virginia Antiquities, and the 

15 Jamestown-Yorktown Foundation of the Common16 wealth of Virginia collectively own and operate sig17 nificant resources related to the early history of 

18 Jamestown. 

19 (5) In 2000, Congress established the James20 town 400th Commemoration Commission to ensure 

21 a suitable national observance of the Jamestown 

22 2007 anniversary and to support and facilitate mar23 keting efforts for a commemorative coin, stamp, and 

24 related activities for the Jamestown 2007 observ25 ances. 

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1 (6) A commemorative coin will bring national 

2 and international attention to the lasting legacy of 

3 Jamestown, Virginia. 

4 (7) The proceeds from a surcharge on the sale 

5 of such commemorative coin will assist the financing 

6 of a suitable national observance in 2007 of the 

7 400th anniversary of the founding of Jamestown, 

8 Virginia. 

9 SEC. 2. COIN SPECIFICATIONS. 

10 (a) DENOMINATIONS.—The Secretary of the Treas11 ury (hereafter in this Act referred to as the ‘‘Secretary) 

12 shall mint and issue the following coins: 

13 (1) $5 GOLD COINS.—Not more than 100,000 5 

14 dollar coins, which shall—

15 (A) weigh 8.359 grams; 

16 (B) have a diameter of 0.850 inches; and 

17 (C) contain 90 percent gold and 10 percent 

18 alloy. 

19 (2) $1 SILVER COINS.—Not more than 500,000 

20 1 dollar coins, which shall—

21 (A) weigh 26.73 grams; 

22 (B) have a diameter of 1.500 inches; and 

23 (C) contain 90 percent silver and 10 per24 cent copper. 

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1 (b) LEGAL TENDER.—The coins minted under this 

2 Act shall be legal tender, as provided in section 5103 of 

3 title 31, United States Code. 

4 (c) NUMISMATIC ITEMS.—For purposes of sections 

5 5134 and 5136 of title 31, United States Code, all coins 

6 minted under this Act shall be considered to be numis7 matic items. 

8 SEC. 3. SOURCES OF BULLION. 

9 The Secretary shall obtain gold and silver for minting 

10 coins under this Act pursuant to the authority of the Sec11 retary under other provisions of law. 

12 SEC. 4. DESIGN OF COINS. 

13 (a) DESIGN REQUIREMENTS.—

14 (1) IN GENERAL.—The design of the coins 

15 minted under this Act shall be emblematic of the 

16 settlement of Jamestown, Virginia, the first perma17 nent English settlement in America. 

18 (2) DESIGNATION AND INSCRIPTIONS.—On 

19 each coin minted under this Act there shall be—

20 (A) a designation of the value of the coin; 

21 (B) an inscription of the year ‘‘2007’’; and 

22 (C) inscriptions of the words ‘‘Liberty’’, 

23 ‘‘In God We Trust’’, ‘‘United States of Amer24 ica’’, and ‘‘E Pluribus Unum’’. 

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1 (b) SELECTION.—The design for the coins minted 

2 under this Act shall be—

3 (1) selected by the Secretary after consultation 

4 with—

5 (A) the Jamestown 2007 Steering Com6 mittee, created by the Jamestown-Yorktown 

7 Foundation of the Commonwealth of Virginia; 

8 (B) the National Park Service; and 

9 (C) the Commission of Fine Arts; and

10 (2) reviewed by the citizens advisory committee 

11 established under section 5135 of title 31, United 

12 States Code. 

13 SEC. 5. ISSUANCE OF COINS. 

14 (a) QUALITY OF COINS.—Coins minted under this 

15 Act shall be issued in uncirculated and proof qualities. 

16 (b) MINT FACILITY.—Only 1 facility of the United 

17 States Mint may be used to strike any particular combina18 tion of denomination and quality of the coins minted under 

19 this Act. 

20 (c) PERIOD FOR ISSUANCE.—The Secretary may 

21 issue coins minted under this Act only during the period

22 beginning on January 1, 2007, and ending on December 

23 31, 2007. 

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1 SEC. 6. SALE OF COINS. 

2 (a) SALE PRICE.—Notwithstanding any other provi3 sion of law, the coins issued under this Act shall be sold 

4 by the Secretary at a price equal to the face value, plus 

5 the cost of designing and issuing such coins (including 

6 labor, materials, dies, use of machinery, overhead ex7 penses, and marketing). 

8 (b) BULK SALES.—The Secretary shall make bulk 

9 sales of the coins issued under this Act at a reasonable 

10 discount. 

11 (c) PREPAID ORDERS.—

12 (1) IN GENERAL.—The Secretary shall accept 

13 prepaid orders for the coins minted under this Act 

14 before the issuance of such coins. 

15 (2) DISCOUNT.—Sale prices with respect to pre16 paid orders under paragraph (1) shall be at a rea17 sonable discount. 

18 SEC. 7. SURCHARGES. 

19 (a) SURCHARGE REQUIRED.—All sales shall include 

20 a surcharge of $35 per coin for the $5 coins and $10 per 

21 coin for the $1 coins. 

22 (b) DISTRIBUTION.—Subject to section 5134(f) of 

23 title 31, United States Code, all surcharges which are re24 ceived by the Secretary from the sale of coins issued under 

25 this Act shall be promptly paid by the Secretary as follows: 

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1 (1) PROGRAMS TO PROMOTE UNDERSTANDING

OF THE LEGACIES OF JAMESTOWN.—1 2 ⁄2 of the sur3 charges shall be used to support programs to pro4 mote the understanding of the legacies of James5 town and for such purpose shall be paid to the 

6 Jamestown-Yorktown Foundation of the Common7 wealth of Virginia. 

8 (2) OTHER PURPOSES FOR SURCHARGES.—

(A) IN GENERAL.—1 9 ⁄2 of the surcharges 

10 shall be used for the following purposes: 

11 (i) To sustain the ongoing mission of 

12 preserving Jamestown. 

13 (ii) To enhance national and inter14 national educational programs relating to 

15 Jamestown, Virginia. 

16 (iii) To improve infrastructure and ar17 chaeological research activities relating to 

18 Jamestown, Virginia. 

19 (iv) To conduct other programs to 

20 support the commemoration of the 400th 

21 anniversary of the settlement of James22 town, Virginia. 

23 (B) RECIPIENTS OF SURCHARGES FOR

24 SUCH OTHER PURPOSES.—The surcharges re25 ferred to in subparagraph (A) shall be distribVerDate jul 14 2003 04:15 Aug 10, 2004 Jkt 029200 PO 00000 Frm 00009 Fmt 6652 Sfmt 6201 E:\BILLS\H1914.RH H1914
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1 uted by the Secretary in equal shares to the fol2 lowing organizations for the purposes described 

3 in such subparagraph: 

4 (i) The Secretary of the Interior. 

5 (ii) The Association for the Preserva6 tion of Virginia Antiquities. 

7 (iii) The Jamestown-Yorktown Foun8 dation of the Commonwealth of Virginia. 

9 (c) AUDITS.—The Jamestown-Yorktown Foundation 

10 of the Commonwealth of Virginia, the Secretary of the In11 terior, and the Association for the Preservation of Virginia 

12 Antiquities shall each be subject to the audit requirements 

13 of section 5134(f)(2) of title 31, United States Code.

14 (d) LIMITATION.—Notwithstanding subsection (a), no 

15 surcharge may be included with respect to the issuance 

16 under this Act of any coin during a calendar year if, as 

17 of the time of such issuance, the issuance of such coin would 

18 result in the number of commemorative coin programs 

19 issued during such year to exceed the annual 2 commemora20 tive coin program issuance limitation under section 

21 5112(m)(1) of title 31, United States Code (as in effect on 

22 the date of the enactment of this Act). The Secretary of the 

23 Treasury may issue guidance to carry out this subsection. 

Union Calendar No. 347

108TH CONGRESS 

2D SESSION H. R. 1914

[Report No. 108

–472, Parts I and II] 

A BILL

To provide for the issuance of a coin to commemotlement. rate the 400th anniversary of the Jamestown setJULY 6, 2004

Reported from the Committee on Ways and Means with 

to be printedWhole House on the State of the Union and ordered an amendment; committed to the Committee of the