II 

109TH CONGRESS 

2D SESSION S. 1 

To award a congressional gold medal to Margaret Thatcher, in recognition 

of her dedication to the values of free markets and free minds. 

IN THE SENATE OF THE UNITED STATES 

DECEMBER 8, 2006 

Mr. MARTINEZ (for himself, Mr. KYL, Mrs. DOLE, Mr. HAGEL, Mr. ENZI, Mr. 

ALLARD, and Mr. ALLEN) introduced the following bill; which was read 

twice and referred to the Committee on Banking, Housing, and Urban 

Affairs 

A BILL 

To award a congressional gold medal to Margaret Thatcher, 

in recognition of her dedication to the values of free 

markets and free minds. 

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 ‘‘Margaret Thatcher 

5 Congressional Gold Medal Act’’. 

6 SEC. 2. FINDINGS. 

7 The Congress finds as follows: 


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1 (1) Margaret Thatcher was born in Grantham 

2 in Lincolnshire in eastern England on October 13, 

3 1925. 

4 (2) Margaret Thatcher graduated from the Uni5 versity of Oxford with degrees in both chemistry and 

6 law. 

7 (3) At age 34, Margaret Thatcher’s interest in 

8 politics drove her to enter into Parliament. 

9 (4) In 1975, after serving several years as Edu10 cation Minister, Margaret Thatcher was elected to 

11 lead the Conservative Party. 

12 (5) Margaret Thatcher became Prime Minister 

13 in 1979, a position she held until 1990, becoming 

14 the longest serving British Prime Minister in the 

15 20th century. 

16 (6) As Prime Minister, Margaret Thatcher led 

17 a revolution in the privatization of nationalized in18 dustries, which led to increased profits and the ef19 fects of which spilled over into more than 50 coun20 tries on almost every continent and became one of 

21 the United Kingdom’s biggest contributions to prac22 tical economics of the world. 

23 (7) In 1982, Margaret Thatcher led the United 

24 Kingdom to victory over Argentina in the battle for 

25 the Falkland Islands. 


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1 (8) Admired by Ronald Reagan, Margaret 

2 Thatcher’s close friendship with the United States 

3 led to a potent foreign policy partnership that con4 tributed to the end of Soviet communism. 

5 (9) Margaret Thatcher has received the Presi6 dential Medal of Freedom and the Republican Sen7 atorial Medal of Freedom. 

8 (10) The Congress wishes to express its grati9 tude and admiration to Margaret Thatcher. 

10 SEC. 3. CONGRESSIONAL GOLD MEDAL. 

11 (a) PRESENTATION AUTHORIZED.—The Speaker of 

12 the House of Representatives and the President pro tem13 pore of the Senate shall make appropriate arrangements 

14 for the presentation, on behalf of the Congress, of a gold 

15 medal of appropriate design to Margaret Thatcher, in rec16 ognition of her dedication to the values of free markets 

17 and free minds. 

18 (b) DESIGN AND STRIKING.—For purposes of the 

19 presentation referred to in subsection (a), the Secretary 

20 of the Treasury (hereafter in this Act referred to as the 

21 ‘‘Secretary’’) shall strike a gold medal with suitable em22 blems, devices, and inscriptions, to be determined by the 

23 Secretary. 


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1 SEC. 4. DUPLICATE MEDALS. 

2 The Secretary may strike and sell duplicates in 

3 bronze of the gold medal struck pursuant to section 3 

4 under such regulations as the Secretary may prescribe, at 

5 a price sufficient to cover the cost thereof, including labor, 

6 materials, dies, use of machinery, and overhead expenses, 

7 and the cost of the gold medal. 

8 SEC. 5. STATUS OF MEDALS. 

9 (a) NATIONAL MEDALS.—The medals struck pursu10 ant to this Act are national medals for purposes of chapter 

11 51 of title 31, United States Code. 

12 (b) NUMISMATIC ITEMS.—For purposes of section 

13 5134 of title 31, United States Code, all medals struck 

14 under this Act shall be considered to be numismatic items. 

15 SEC. 6. AUTHORITY TO USE FUND AMOUNTS; PROCEEDS OF 

16 SALE. 

17 (a) AUTHORITY TO USE FUND AMOUNTS.—There is 

18 authorized to be charged against the United States Mint 

19 Public Enterprise Fund, such amounts as may be nec20 essary to pay for the costs of the medals struck pursuant 

21 to this Act. 

22 (b) PROCEEDS OF SALE.—Amounts received from the 

23 sale of duplicate bronze medals authorized under section 

24 4 shall be deposited into the United States Mint Public 

25 Enterprise Fund. 

Æ 


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