I

103D CONGRESS

1ST SESSION H. R. 3548

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

of the 250th anniversary of the birth of Thomas Jefferson, Americans

who have been prisoners of war, the Vietnam Veterans Memorial on

the occasion of the 10th anniversary of the Memorial, and the Women

in Military Service for America Memorial, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

NOVEMBER 19, 1993

Mr. KENNEDY (for himself, Mr. BONIOR, Mr. MONTGOMERY, Mr. RIDGE, Mr.

PAYNE of Virginia, and Mr. PETERSON of Florida) introduced the following bill; which was referred to the Committee on Banking, Finance and

Urban Affairs

A BILL

To require the Secretary of the Treasury to mint coins

in commemoration of the 250th anniversary of the birth

of Thomas Jefferson, Americans who have been prisoners

of war, the Vietnam Veterans Memorial on the occasion

of the 10th anniversary of the Memorial, and the Women

in Military Service for America Memorial, and for other

purposes.

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 TITLE I—THOMAS JEFFERSON

2 COMMEMORATIVE COIN

3 SEC. 101. SHORT TITLE.

4 This title may be cited as the ‘‘Jefferson Commemo5 rative Coin Act of 1993’’.

6 SEC. 102. COIN SPECIFICATIONS.

7 (a) ONE-DOLLAR SILVER COINS.—

8 (1) ISSUANCE.—The Secretary of the Treasury

9 (hereafter in this title referred to as the ‘‘Sec10 retary’’) shall issue not more than 600,000 one-dol11 lar coins, which shall—

12 (A) weigh 26.73 grams;

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

14 (C) contain 90 percent silver and 10 per15 cent copper.

16 (2) DESIGN.—The design of the coins issued

17 under this title shall be emblematic of a profile of

18 Thomas Jefferson and a frontal view of his home

19 Monticello. On each coin there shall be a designation

20 of the value of the coin, an inscription of the year

21 ‘‘1993’’, and inscriptions of the words ‘‘Liberty’’,

22 ‘‘In God We Trust’’, ‘‘United States of America’’,

23 and ‘‘E Pluribus Unum’’.
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1 (b) LEGAL TENDER.—The coins issued under this

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

3 title 31, United States Code.

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

5 5132(a)(1) of title 31, United States Code, all coins mint6 ed under this title shall be considered to be numismatic

7 items.

8 SEC. 103. SOURCES OF BULLION.

9 The Secretary shall obtain silver for the coins minted

10 under this title only from stockpiles established under the

11 Strategic and Critical Minerals Stock Piling Act.

12 SEC. 104. SELECTION OF DESIGN.

13 Subject to section 102(a)(2), the design for the coins

14 authorized by this title shall be—

15 (1) selected by the Secretary after consultation

16 with the Executive Director of the Thomas Jefferson

17 Memorial Foundation and the Commission of Fine

18 Arts; and

19 (2) reviewed by the Citizens Commemorative

20 Advisory Committee.

21 SEC. 105. ISSUANCE OF COINS.

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

23 title 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 title.

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

5 issue coins minted under this title during the period begin6 ning on May 1, 1994, and ending on April 30, 1995.

7 SEC. 106. SALE OF COINS.

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

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

10 sum of the face value of the coins, the surcharge provided

11 in subsection (c) with respect to such coins, and the cost

12 of designing and issuing the coins (including labor, mate13 rials, dies, use of machinery, overhead expenses, market14 ing, and shipping).

15 (b) PREPAID ORDERS.—The Secretary shall accept

16 prepaid orders for the coins authorized under this title

17 prior to the issuance of such coins. Sale prices with respect

18 to such prepaid orders shall be at a reasonable discount.

19 (c) SURCHARGES.—All sales shall include a surcharge

20 of $10 per coin.

21 SEC. 107. GENERAL WAIVER OF PROCUREMENT REGULA22 TIONS.

23 (a) IN GENERAL.—Except as provided in subsection

24 (b), no provision of law governing procurement or public

25 contracts shall be applicable to the procurement of goods
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1 and services necessary for carrying out the provisions of

2 this title.

3 (b) EQUAL EMPLOYMENT OPPORTUNITY.—Sub4 section (a) shall not relieve any person entering into a con5 tract under the authority of this title from complying with

6 any law relating to equal employment opportunity.

7 SEC. 108. DISTRIBUTION OF SURCHARGES.

8 All surcharges received by the Secretary from the sale

9 of coins issued under this title shall be promptly paid by

10 the Secretary—

11 (1) in the case of surcharges received in connec12 tion with the sale of the first 500,000 coins issued,

13 to the Jefferson Endowment Fund, to be used—

14 (A) to establish and maintain an endow15 ment to be a permanent source of support for

16 Monticello and its historic furnishings; and

17 (B) for the Jefferson Endowment Fund’s

18 educational programs, including the Inter19 national Center for Jefferson Studies; and

20 (2) in the case of surcharges received in connec21 tion with the sale of all other such coins, to the Cor22 poration for Jefferson’s Poplar Forest, to be used

23 for the restoration and maintenance of Poplar

24 Forest.
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1 SEC. 109. AUDITS.

2 The Comptroller General of the United States shall

3 have the right to examine such books, records, documents,

4 and other data of the entities specified in section 108, as

5 may be related to the expenditures of amounts paid under

6 section 108.

7 SEC. 110. FINANCIAL ASSURANCES.

8 (a) NO NET COST TO THE GOVERNMENT.—The Sec9 retary shall take such actions as may be necessary to en10 sure that minting and issuing coins under this title will

11 not result in any net cost to the United States Govern12 ment.

13 (b) PAYMENT FOR COINS.—A coin shall not be issued

14 under this title unless the Secretary has received—

15 (1) full payment for the coin;

16 (2) security satisfactory to the Secretary to in17 demnify the United States for full payment; or

18 (3) a guarantee of full payment satisfactory to

19 the Secretary from a depository institution whose

20 deposits are insured by the Federal Deposit Insur21 ance Corporation or the National Credit Union Ad22 ministration Board.
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1 TITLE II—U.S. VETERANS

2 COMMEMORATIVE COINS

3 SEC. 201. SHORT TITLE.

4 This title may be cited as the ‘‘United States Veter5 ans Commemorative Coin Act of 1993’’.

6 SEC. 202. COIN SPECIFICATIONS.

7 (a) ONE-DOLLAR SILVER COINS.—

8 (1) ISSUANCE.—The Secretary of the Treasury

9 (hereafter in this title referred to as the ‘‘Sec10 retary’’) shall issue one-dollar coins of 3 different

11 designs, which shall—

12 (A) weigh 26.73 grams;

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

14 (C) contain 90 percent silver and 10 per15 cent copper.

16 (2) DESIGNATION OF VALUE AND INSCRIP17 TIONS.—On each coin there shall be a designation of

18 the value of the coin, an inscription of the year

19 ‘‘1994’’, and inscriptions of the words ‘‘Liberty’’,

20 ‘‘In God We Trust’’, ‘‘United States of America’’,

21 and ‘‘E Pluribus Unum’’.

22 (3) DESIGN OF 3 COINS.—

23 (A) PRISONER-OF-WAR COMMEMORATIVE

24 COIN.—1 type of coin issued under this title

25 shall be a prisoner-of-war commemorative coin
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1 the design of which shall be emblematic of the

2 experience of Americans who have been pris3 oners-of-war.

4 (B) VIETNAM VETERANS MEMORIAL COM5 MEMORATIVE COIN.—1 type of coin issued

6 under this title shall be a Vietnam Veterans

7 Memorial commemorative coin the design of

8 which shall be emblematic of the Vietnam Vet9 erans Memorial.

10 (C) WOMEN IN MILITARY SERVICE FOR

11 AMERICA MEMORIAL COMMEMORATIVE COIN.—1

12 type of coin issued under this title shall be

13 Women in Military Service for America Memo14 rial commemorative coin the design of which

15 shall be symbolic of women’s service in the

16 Armed Forces of the United States.

17 (4) MAXIMUM NUMBER FOR COINS OF EACH

18 DESIGN.—The Secretary shall issue no more than

19 500,000 coins of each design.

20 (b) LEGAL TENDER.—The coins issued under this

21 title shall be legal tender, as provided in section 5103 of

22 title 31, United States Code.

23 (c) NUMISMATIC ITEMS.—For purposes of section

24 5132(a)(1) of title 31, United States Code, all coins
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1 minted under this title shall be considered to be numis2 matic items.

3 SEC. 203. SOURCES OF BULLION.

4 The Secretary shall obtain silver for the coins minted

5 under this title only from stockpiles established under the

6 Strategic and Critical Minerals Stock Piling Act.

7 SEC. 2O4. SELECTION OF DESIGN.

8 Subject to section 202(a)(3), the design for the coins

9 authorized by this title shall be—

10 (1) selected by the Secretary after consultation

11 with the Commission of Fine Arts and—

12 (A) in the case of the coin described in sec13 tion 202(a)(3)(B), the Vietnam Veterans Me14 morial Fund; and

15 (B) in the case of the coin described in

16 section 202(a)(3)(C), the Women in Military

17 Service for America Memorial Foundation, In18 corporated; and

19 (2) reviewed by the Citizens Commemorative

20 Advisory Committee.

21 SEC. 205. SALE OF COINS.

22 (a) SALE PRICE.—The coins issued under this title

23 shall be sold by the Secretary at a price equal to the face

24 value, plus the cost of designing and issuing such coins

25 (including labor, materials, dies, use of machinery, and
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1 overhead expenses) and the surcharge provided for in sub2 section (d).

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

4 sales at a reasonable discount.

5 (c) PREPAID ORDERS.—The Secretary shall accept

6 prepaid orders for the coins issued under this title before

7 the issuance of such coins. Sales under this subsection

8 shall be at a reasonable discount to reflect the benefit of

9 prepayment.

10 (d) SURCHARGES.—All sales of coins issued under

11 this title shall include a surcharge of $10 per coin.

12 SEC. 206. ISSUANCE OF THE COINS.

13 (a) COMMENCEMENT OF ISSUANCE.—The coins mint14 ed under this title may be issued beginning May 1, 1994.

15 (b) TERMINATION OF AUTHORITY.—The coins au16 thorized under this title may not be minted after April

17 30, 1995.

18 (c) PROOF AND UNCIRCULATED COINS.—The coins

19 authorized under this title shall be issued in uncirculated

20 and proof qualities.

21 (d) 3-COIN SETS.—

22 (1) IN GENERAL.—In addition to any other

23 manner and form of sales of coins minted under this

24 title, the Secretary shall make a portion of such

25 coins available for sale in 3-coin sets containing 1 of
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1 each of the 3 designs of coins required pursuant to

2 section 202(a)(3).

3 (2) NUMBER OF SETS.—The number of 3-coin

4 sets made available pursuant to paragraph (1) shall

5 be at the discretion of the Secretary.

6 SEC. 207. GENERAL WAIVER OF PROCUREMENT REGULA7 TIONS.

8 (a) IN GENERAL.—Except as provided in subsection

9 (b), no provision of law governing procurement or public

10 contracts shall be applicable to the procurement of goods

11 and services necessary for carrying out the provisions of

12 this title.

13 (b) EQUAL EMPLOYMENT OPPORTUNITY.—Sub14 section (a) shall not relieve any person entering into a con15 tract under the authority of this title from complying with

16 any law relating to equal employment opportunity.

17 SEC. 208. DISTRIBUTION OF SURCHARGES.

18 (a) PRISONER-OF-WAR COMMEMORATIVE COINS.—

19 Except as provided in subsection (d), an amount equal to

20 the surcharges received by the Secretary from the sale of

21 prisoner-of-war commemorative coins described in section

22 202(a)(3)(A) shall be promptly paid by the Secretary in

23 the order that follows:

24 (1) AMOUNTS TO BE MADE AVAILABLE FOR

25 CONSTRUCTION OF MUSEUM.—The Secretary of the
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1 Treasury shall make available to the Secretary of

2 the Interior the first $3,000,000 of such surcharges

3 for the construction of the Andersonville Prisoner-of4 War Museum in Andersonville, Georgia.

5 (2) AMOUNTS TO BE PAID TO ENDOWMENT

6 FUND.—After payment of the amount required by

7 paragraph (1), the Secretary of the Treasury shall

8 pay 50 percent of the remaining surcharges to the

9 endowment fund established pursuant to section

10 209(a).

11 (3) AMOUNTS TO BE PAID TO MAINTAIN NA12 TIONAL CEMETERIES.—After payment of the

13 amount required by paragraph (1), the Secretary

14 shall pay 50 percent of the remaining surcharges to

15 the Secretary of Veterans Affairs for purposes of

16 maintaining national cemeteries pursuant to chapter

17 24 of title 38, United States Code.

18 (b) VIETNAM VETERANS MEMORIAL COMMEMORA19 TIVE COINS.—Except as provided in subsection (d), an

20 amount equal to the surcharges received by the Secretary

21 from the sale of Vietnam Veterans Memorial commemora22 tive coins described in section 202(a)(3)(B) shall be

23 promptly paid by the Secretary to the Vietnam Veterans

24 Memorial Fund to assist the Fund’s efforts to raise an

25 endowment to be a permanent source of support for the
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1 repair, maintenance, and addition of names to the Viet2 nam Veterans Memorial.

3 (c) WOMEN IN MILITARY SERVICE FOR AMERICA

4 MEMORIAL COMMEMORATIVE COINS.—Except as provided

5 in subsection (d), an amount equal to the surcharges re6 ceived by the Secretary from the sale of Women in Military

7 Service for America Memorial commemorative coins de8 scribed in section 202(a)(3)(C) shall be promptly paid by

9 the Secretary to the Women in Military Service for Amer10 ica Memorial Foundation, Inc., for the purpose of creat11 ing, endowing, and dedicating the Women in Military

12 Service for America Memorial.

13 (d) SURCHARGES FROM 3-COIN SETS.—In the case

14 of surcharges derived from the sale of 3-coin sets pursuant

15 to section 206(d)—

(1) 1 16 ⁄3 of such amount shall be distributed as

17 provided in subsection (a);

(2) 1 18 ⁄3 shall be distributed as provided in sub19 section (b); and

(3) 1 20 ⁄3 shall be distributed as provided in sub21 section (c).

22 SEC. 209. ANDERSONVILLE PRISONER-OF-WAR MUSEUM EN23 DOWMENT FUND.

24 (a) ESTABLISHMENT.—There is hereby established in

25 the Department of the Interior an endowment fund (here-
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1 inafter in this section referred to as the ‘‘fund’’) to be

2 administered by the Secretary of the Interior and to con3 sist of the amounts deposited under subsection (b).

4 (b) DEPOSIT INTO FUND.—

5 (1) DEPOSIT FROM SURCHARGES.—There shall

6 be deposited into the fund such amounts that are

7 paid by the Secretary under section 208(a)(2).

8 (2) INVESTMENT.—The Secretary of the Inte9 rior shall have the authority to invest the portion of

10 the fund that is not, in the determination of such

11 Secretary, required to meet the current needs of the

12 fund, in obligations of the United States or in obli13 gations guaranteed as to the principal and interest

14 by the United States. In making such investments,

15 the Secretary of the Interior shall select obligations

16 having maturities suitable to the needs of the fund.

17 (c) EXPENDITURES.—The Secretary of the Interior

18 may use the amounts deposited in the fund under this title

19 to pay for the maintenance of the Andersonville Prisoner20 of-War Museum in Andersonville, Georgia.

21 SEC. 210. AUDITS.

22 The Comptroller General of the United States shall

23 have the right to examine such books, records, documents,

24 and other data of the entities specified in section 208, as
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1 may be related to the expenditures of amounts paid under

2 section 208.

3 SEC. 211. FINANCIAL ASSURANCES.

4 (a) NO NET COST TO THE GOVERNMENT.—The Sec5 retary shall take such actions as may be necessary to en6 sure that minting and issuing coins under this title will

7 not result in any net cost to the United States Govern8 ment.

9 (b) PAYMENT FOR COINS.—A coin shall not be issued

10 under this title unless the Secretary has received—

11 (1) full payment for the coin;

12 (2) security satisfactory to the Secretary to in13 demnify the United States for full payment; or

14 (3) a guarantee of full payment satisfactory to

15 the Secretary from a depository institution whose

16 deposits are insured by the Federal Deposit Insur17 ance Corporation or the National Credit Union Ad18 ministration Board.

19 TITLE III—REFORM OF COM20 MEMORATIVE COIN PRO21 GRAMS

22 SEC. 301. SENSE OF CONGRESS RESOLUTION.

23 (A) FINDINGS.—The Congress hereby makes the fol24 lowing findings:
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1 (1) Congress has authorized 18 commemorative

2 coin programs in the 9 years since 1984.

3 (2) There are more meritorious causes, events,

4 and people worthy of commemoration than can be

5 honored with commemorative coinage.

6 (3) Commemorative coin legislation has in7 creased at a pace beyond that which the numismatic

8 community can reasonably be expected to absorb.

9 (4) It is in the interests of all Members of Con10 gress that a policy be established to control the flow

11 of commemorative coin legislation.

12 (b) DECLARATION.—It is the sense of the Congress

13 that the Committee on Banking, Finance and Urban Af14 fairs of the House of Representatives and the Committee

15 on Banking, Housing, and Urban Affairs of the Senate

16 should not report or otherwise clear for consideration by

17 the House of Representatives or the Senate legislation

18 providing for more than 2 commemorative coin programs

19 for any year, unless the committee determines, on the

20 basis of a recommendation by the Citizens Commemora21 tive Coin Advisory Committee, that extraordinary merit

22 exists for an additional commemorative coin program.

23 SEC. 302. REPORTS BY RECIPIENTS OF COMMEMORATIVE

24 COIN SURCHARGES.

25 (a) QUARTERLY FINANCIAL REPORT.—
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1 (1) IN GENERAL.—Each person who receives,

2 after the date of the enactment of this Act, any sur3 charge derived from the sale of commemorative coins

4 under any Act of Congress shall submit a quarterly

5 financial report to the Director of the United States

6 Mint and the Comptroller General of the United

7 States describing in detail the expenditures made by

8 such person from the proceeds of the surcharge.

9 (2) INFORMATION TO BE INCLUDED.—The re10 port under paragraph (1) shall include information

11 on the proportion of the surcharges received during

12 the period covered by the report to the total revenue

13 of such person during such period, expressed as a

14 percentage, and the percentage of total revenue dur15 ing such period which was spent on administrative

16 expenses (including salaries, travel, overhead, and

17 fund raising).

18 (3) DUE DATES.—Quarterly reports under this

19 subsection shall be due at the end of the 30-day pe20 riod beginning on the last day of any calendar quar21 ter during which any surcharge derived from the

22 sale of commemorative coins is received by any per23 son.

24 (b) FINAL REPORT.—Each person who receives, after

25 the date of the enactment of this Act, any surcharge de-
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1 rived from the sale of commemorative coins under any Act

2 of Congress shall submit a final report on the expenditures

3 made by such person from the proceeds of all surcharges

4 received by such person, including information described

5 in subsection (a)(2), before the end of the 1-year period

6 beginning on the last day on which sales of such coins

7 may be made.

8 SEC. 303. GAO REPORTS TO CONGRESS.

9 Before the end of the 1-year period beginning on the

10 last day on which sales of commemorative coins may be

11 made under the Act of Congress which authorized such

12 coins, the Comptroller General of the United States shall

13 submit a financial accounting statement to the Congress

14 on the payment of any surcharges derived from the sale

15 of such coins and the use and expenditure of the proceeds

16 of such surcharges by any recipient (other than a recipient

17 which is an agency or department of the Federal Govern18 ment) based on the reports filed by such recipient with

19 the Comptroller General in accordance with section 302

20 and any audit of such recipient which is conducted by the

21 Comptroller General with respect to the use and expendi22 ture of such proceeds.

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