108TH CONGRESS

2D SESSION H. R. 3277

AN ACT

To require the Secretary of the Treasury to mint

age Center.support construction of the Marine Corps Heritsary of the United States Marine Corps, and tocoins in commemoration of the 230th Anniver-

108TH CONGRESS

2D SESSION H. R. 3277

AN ACT

To require the Secretary of the Treasury to mint coins

in commemoration of the 230th Anniversary of the

United States Marine Corps, and to support construction

of the Marine Corps Heritage Center.

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

2 This Act may be cited as the ‘‘Marine Corps 230th

3 Anniversary Commemorative Coin Act’’.

4 SEC. 2. FINDINGS.

5 The Congress finds that—

6 (1) November 10, 2005, marks the 230th anni7 versary of the United States Marine Corps;

8 (2) the United States Marine Corps has, over

9 the course of its illustrious 230-year history, fought

10 gallantly in defense of the United States;

11 (3) the United States Marine Corps has, over

12 the course of its storied history, established itself as

13 the Nation’s military leader in amphibious warfare,

14 and will continue in that role as the United States

15 faces the challenges of the 21st Century;

16 (4) the United States Marine Corps continues

17 to exemplify the warrior ethos that has made it a

18 fighting force of international repute;

19 (5) all Americans should commemorate the leg20 acy of the United States Marine Corps so that the

21 values embodied in the ‘‘Corps’’ are recognized for

22 the significant contribution they have made in pro23 tecting the United States against its enemies;

24 (6) in 2001, the Congress authorized the con25 struction of the Marine Corps Heritage Center, the

26 purpose of which is to provide a multipurpose facil-
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1 ity to be used for historical displays for the public

2 viewing, curation, and storage of artifacts, research

3 facilities, classrooms, offices, and associated activi4 ties, consistent with the mission of the Marine

5 Corps;

6 (7) the Marine Corps Heritage Center is sched7 uled to open on November 10, 2005;

8 (8) the United States should pay tribute to the

9 230th anniversary of the United States Marine

10 Corps by minting and issuing a commemorative sil11 ver dollar coin; and

12 (9) the surcharge proceeds from the sale of a

13 commemorative coin, which would have no net costs

14 to the taxpayers, would raise valuable funding for

15 the construction of the Marine Corps Heritage Cen16 ter.

17 SEC. 3. COIN SPECIFICATIONS.

18 (a) $1 SILVER COINS.—The Secretary of the Treas19 ury (hereafter in this Act referred to as the ‘‘Secretary’’)

20 shall mint and issue not more than 500,000 $1 coins, each

21 of which shall—

22 (1) weigh 26.73 grams;

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

24 (3) contain 90 percent silver and 10 percent

25 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 SEC. 4. DESIGN OF COINS.

5 (a) DESIGN REQUIREMENTS.—

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

7 minted under this Act shall be emblematic of the

8 warrior ethos of the United States Marine Corps.

9 (2) DESIGNATION AND INSCRIPTIONS.—On

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

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

12 (B) an inscription of the year ‘‘2005’’; and

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

14 ‘‘In God We Trust’’, ‘‘United States of Amer15 ica’’, and ‘‘E Pluribus Unum’’.

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

17 under this Act shall be—

18 (1) selected by the Secretary, after consultation

19 with the Marine Corps Historical Division and the

20 Commission of Fine Arts; and

21 (2) reviewed by the Citizens Coinage Advisory

22 Committee.

23 SEC. 5. ISSUANCE OF COINS.

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

25 Act shall be issued in uncirculated and proof qualities.
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1 (b) MINT FACILITY.—Only 1 facility of the United

2 States Mint may be used to strike any particular quality

3 of the coins minted under this Act.

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

5 issue coins minted under this Act only during the 1-year

6 period beginning on January 1, 2005.

7 SEC. 6. SALE OF COINS.

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

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

10 of—

11 (1) the face value of the coins;

12 (2) the surcharge provided in subsection (b)

13 with respect to such coins; and

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

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

16 overhead expenses, marketing, and shipping).

17 (b) SURCHARGES.—All sales of coins issued under

18 this Act shall include a surcharge of $10 per coin.

19 (c) BULK SALES.—The Secretary shall make bulk

20 sales of coins issued under this Act at a reasonable dis21 count.

22 (d) PREPAID ORDERS.—

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

24 prepaid orders for coins minted under this Act be25 fore the issuance of such coins.
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1 (2) DISCOUNT.—Sale prices with respect to pre2 paid orders under paragraph (1) should be at a rea3 sonable discount.

4 (e) LIMITATION.—Notwithstanding subsection (b), no

5 surcharge may be included with respect to the issuance

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

7 of the time of such issuance, the issuance of such coin

8 would result in the number of commemorative coin pro9 grams issued during such year to exceed the annual 2

10 commemorative coin program issuance limitation under

11 section 5112(m)(1) of title 31, United States Code (as in

12 effect on the date of the enactment of this Act). The Sec13 retary of the Treasury may issue guidance to carry out

14 this subsection.

15 SEC. 7. DISTRIBUTION OF SURCHARGES.

16 (a) DISTRIBUTION.—Subject to section 5134(f) of

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

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

19 shall be promptly paid by the Secretary to the Marine

20 Corps Heritage Foundation for the purposes of construc21 tion of the Marine Corps Heritage Center, as authorized

22 by section 1 of Public Law 106–398 (114 Stat. 1654).

23 (b) AUDIT.—The Marine Corps Heritage Foundation

24 shall be subject to the audit requirements of section
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1 5134(f)(2) of title 31, United States Code, with regard

2 to the amounts received under subsection (a).

Passed the House of Representatives July 14, 2004.

Attest:

Clerk.