I 

118TH CONGRESS 

2D SESSION H. R. 10170 

To require the Secretary of the Treasury to mint coins in commemoration 

of the semiquincentennial anniversary of the establishment of the United 

States. 

IN THE HOUSE OF REPRESENTATIVES 

NOVEMBER 19, 2024 

Ms. MALLIOTAKIS 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 semiquincentennial anniversary 

of the establishment of the United States. 

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 ‘‘Semiquincentennial 

5 Commemorative Coin Act’’. 

6 SEC. 2. FINDINGS. 

7 The Congress finds the following: 

8 (1) July 4, 1776, was the date on which the 

9 unanimous declaration of the thirteen United States 


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1 of America was passed, declaring the Nation as 

2 independent. 

3 (2) July 4, 2026, will mark the 250th anniver4 sary of us declaring our independence. 

5 (3) It is common practice to celebrate moments 

6 such as this in the history of our country through 

7 the minting of a commemorative coin. 

8 SEC. 3. COIN SPECIFICATIONS. 

9 (a) DENOMINATIONS.—The Secretary of the Treas10 ury (hereafter in this Act referred to as the ‘‘Secretary’’) 

11 shall mint and issue the following coins in commemoration 

12 of the semiquincentennial anniversary of the establishment 

13 of the United States: 

14 (1) $25.00 GOLD COINS.—Not more than 

15 100,000 $25.00 coins, which shall— 

16 (A) weigh 8.359 grams; 

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

18 (C) contain 90 percent gold and 10 percent 

19 alloy. 

20 (2) $2.50 SILVER COINS.—Not more than 

21 500,000 $2.50 coins, which shall— 

22 (A) weigh 26.73 grams; 

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

24 (C) contain not less than 90 percent silver. 


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1 (3) 25-CENT CLAD COINS.—Not more than 

2 750,000 quarter dollar coins, which shall— 

3 (A) weigh 5.67 grams; 

4 (B) have a diameter of 0.955 inches; and 

5 (C) be minted to the specifications for 

6 quarter dollar coins, contained in section 

7 5112(b) of title 31, United States Code. 

8 (4) PROOF SILVER $2.50 COINS.—The Secretary 

9 shall mint and issue not more than 100,000 proof 

10 silver $2.50 coins, each of which shall— 

11 (A) weigh 5 ounces; 

12 (B) have a diameter of 3 inches; and 

13 (C) contain .999 fine silver. 

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

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

16 title 31, United States Code. 

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

18 5134 and 5136 of title 31, United States Code, all coins 

19 minted under this Act shall be considered to be numis20 matic items. 

21 (d) MINTAGE LIMIT EXCEPTION.—If the Secretary 

22 determines, based on independent, market based research 

23 conducted by the designated recipient organization identi24 fied in section 7(b) that the mintage levels described under 

25 this subsection are not adequate to meet public demand, 


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1 the Secretary may increase the mintage levels as the Sec2 retary determines is necessary to meet public demand. 

3 SEC. 4. DESIGNS OF COINS. 

4 (a) DESIGN REQUIREMENTS.— 

5 (1) IN GENERAL.—The designs of the coins 

6 minted under this Act shall be emblematic of the 

7 semiquincentennial anniversary of the establishment 

8 of the United States of America and celebrate 250 

9 years of our Nation. 

10 (2) DESIGNATION AND INSCRIPTIONS.—On 

11 each coin minted under this Act, there shall be— 

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

13 (B) an inscription of the years ‘‘1776– 

14 2026’’; and 

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

16 ‘‘In God We Trust’’, ‘‘United States of Amer17 ica’’, and ‘‘E Pluribus Unum’’. 

18 (b) SELECTION.—The designs for the coins minted 

19 under this Act shall be— 

20 (1) selected by the Secretary, after consultation 

21 with the Semiquincentennial Commission, the Amer22 ica 250 Foundation, and the Commission of Fine 

23 Arts; and 

24 (2) reviewed by the Citizens Coinage Advisory 

25 Committee. 


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1 SEC. 5. ISSUANCE OF COINS. 

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

3 Act shall be issued in uncirculated and proof qualities. 

4 (b) MINT FACILITIES.—Only 1 facility of the United 

5 States Mint may be used to strike any particular quality 

6 of the coins minted under this Act. 

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

8 issue coins under this Act only during the period begin9 ning on January 1, 2026, and ending on December 31, 

10 2026. 

11 SEC. 6. SALE OF COINS. 

12 (a) SALE PRICE.—The coins issued under this Act 

13 shall be sold by the Secretary at a price equal to the sum 

14 of— 

15 (1) the face value of the coins; 

16 (2) the surcharge provided in section 7(a) with 

17 respect to such coins; and 

18 (3) the cost of designing and issuing the coins 

19 (including labor, materials, dies, use of machinery, 

20 overhead expenses, marketing, and shipping). 

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

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

23 discount. 

24 (c) PREPAID ORDERS.— 


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

2 prepaid orders for the coins minted under this Act 

3 before the issuance of such coins. 

4 (2) DISCOUNT.—Sale prices with respect to pre5 paid orders under paragraph (1) shall be at a rea6 sonable discount. 

7 SEC. 7. SURCHARGES. 

8 (a) IN GENERAL.—All sales of coins issued under this 

9 Act shall include a surcharge as follows: 

10 (1) A surcharge of $35 per coin for the gold 

11 coins. 

12 (2) A surcharge of $10 per coin for the silver 

13 coins. 

14 (3) A surcharge of $5 per coin for the quarter 

15 dollar coins. 

16 (4) A surcharge of $50 per coin for the $2.50 

17 5 ounce proof silver coins. 

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

19 title 31, United States Code, all surcharges received by 

20 the Secretary from the sale of coins issued under this Act 

21 shall be paid to the America 250 Foundation to fund the 

22 restoration, rehabilitation, and interpretation of units of 

23 America’s National Park System and its related areas, as 

24 a legacy of the United States Semiquincentennial com25 memoration. 


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1 (c) AUDITS.—The America 250 Foundation shall be 

2 subject to the audit requirements of section 5134(f)(2) of 

3 title 31, United States Code, with regard to the amounts 

4 received under subsection (b). 

5 (d) LIMITATION.—Notwithstanding subsection (a), 

6 no surcharge may be included with respect to the issuance 

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

8 of the time of such issuance, the issuance of such coin 

9 would result in the number of commemorative coin pro10 grams issued during such year to exceed the annual 2 

11 commemorative coin program issuance limitation under 

12 section 5112(m)(1) of title 31, United States Code. The 

13 Secretary of the Treasury may issue guidance to carry out 

14 this subsection. 

15 SEC. 8. FINANCIAL ASSURANCES. 

16 The Secretary shall take such actions as may be nec17 essary to ensure that— 

18 (1) minting and issuing coins under this Act 

19 will not result in any net cost to the United States 

20 Government; and 

21 (2) no funds, including applicable surcharges, 

22 shall be disbursed to any recipient designated in sec23 tion 7(b) until the total cost of designing and issuing 

24 all of the coins authorized by this Act (including 

25 labor, materials, dies, use of machinery, overhead exVerDate Sep 11 2014 22:23 Nov 20, 2024 Jkt 059200 PO 00000 Frm 00007 Fmt 6652 Sfmt 6201 E:\BILLS\H10170.IH H10170

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1 penses, marketing, and shipping) is recovered by the 

2 United States Treasury, consistent with sections 

3 5112(m) and 5134(f) of title 31, United States 

4 Code. 

Æ 


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