IIA

103D CONGRESS

1ST SESSION H. R. 3548

IN THE SENATE OF THE UNITED STATES

NOVEMBER 22, 1993

Received

NOVEMBER 24 (legislative day, NOVEMBER 23), 1993

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

Affairs

AN ACT

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,

3 TITLE I—THOMAS JEFFERSON

4 COMMEMORATIVE COIN

5 SEC. 101. SHORT TITLE.

6 This title may be cited as the ‘‘Jefferson Commemo7 rative Coin Act of 1993’’.
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1 SEC. 102. COIN SPECIFICATIONS.

2 (a) ONE-DOLLAR SILVER COINS.—

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

4 (hereafter in this title referred to as the ‘‘Sec5 retary’’) shall issue not more than 600,000 one6 dollar coins, which shall—

7 (A) weigh 26.73 grams;

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

9 (C) contain 90 percent silver and 10 per10 cent copper.

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

12 under this title shall be emblematic of a profile of

13 Thomas Jefferson and a frontal view of his home

14 Monticello. On each coin there shall be a designation

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

16 ‘‘1993’’, and inscriptions of the words ‘‘Liberty’’,

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

18 and ‘‘E Pluribus Unum’’.

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

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

21 title 31, United States Code.

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

23 5132(a)(1) of title 31, United States Code, all coins

24 minted under this title shall be considered to be numis25 matic items.
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1 SEC. 103. SOURCES OF BULLION.

2 The Secretary shall obtain silver for the coins minted

3 under this title only from stockpiles established under the

4 Strategic and Critical Minerals Stock Piling Act.

5 SEC. 104. SELECTION OF DESIGN.

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

7 authorized by this title shall be—

8 (1) selected by the Secretary after consultation

9 with the Executive Director of the Thomas Jefferson

10 Memorial Foundation and the Commission of Fine

11 Arts; and

12 (2) reviewed by the Citizens Commemorative

13 Advisory Committee.

14 SEC. 105. ISSUANCE OF COINS.

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

16 title shall be issued in uncirculated and proof qualities.

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

18 States Mint may be used to strike any particular quality

19 of the coins minted under this title.

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

21 issue coins minted under this title during the period begin22 ning on May 1, 1994, and ending on April 30, 1995.

23 SEC. 106. SALE OF COINS.

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

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

26 sum of the face value of the coins, the surcharge provided
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1 in subsection (c) with respect to such coins, and the cost

2 of designing and issuing the coins (including labor, mate3 rials, dies, use of machinery, overhead expenses, market4 ing, and shipping).

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

6 prepaid orders for the coins authorized under this title

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

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

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

10 of $10 per coin.

11 SEC. 107. GENERAL WAIVER OF PROCUREMENT REGULA12 TIONS.

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

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

15 contracts shall be applicable to the procurement of goods

16 and services necessary for carrying out the provisions of

17 this title.

18 (b) EQUAL EMPLOYMENT OPPORTUNITY.—Sub19 section (a) shall not relieve any person entering into a con20 tract under the authority of this title from complying with

21 any law relating to equal employment opportunity.

22 SEC. 108. DISTRIBUTION OF SURCHARGES.

23 All surcharges received by the Secretary from the sale

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

25 the Secretary—
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1 (1) in the case of surcharges received in connec2 tion with the sale of the first 500,000 coins issued,

3 to the Jefferson Endowment Fund, to be used—

4 (A) to establish and maintain an endow5 ment to be a permanent source of support for

6 Monticello and its historic furnishings; and

7 (B) for the Jefferson Endowment Fund’s

8 educational programs, including the Inter9 national Center for Jefferson Studies; and

10 (2) in the case of surcharges received in connec11 tion with the sale of all other such coins, to the Cor12 poration for Jefferson’s Poplar Forest, to be used

13 for the restoration and maintenance of Poplar

14 Forest.

15 SEC. 109. AUDITS.

16 The Comptroller General of the United States shall

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

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

19 may be related to the expenditures of amounts paid under

20 section 108.

21 SEC. 110. FINANCIAL ASSURANCES.

22 (a) NO NET COST TO THE GOVERNMENT.—The Sec23 retary shall take such actions as may be necessary to en24 sure that minting and issuing coins under this title will
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1 not result in any net cost to the United States Govern2 ment.

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

4 under this title unless the Secretary has received—

5 (1) full payment for the coin;

6 (2) security satisfactory to the Secretary to in7 demnify the United States for full payment; or

8 (3) a guarantee of full payment satisfactory to

9 the Secretary from a depository institution whose

10 deposits are insured by the Federal Deposit Insur11 ance Corporation or the National Credit Union

12 Administration Board.

13 TITLE II—U.S. VETERANS

14 COMMEMORATIVE COINS

15 SEC. 201. SHORT TITLE.

16 This title may be cited as the ‘‘United States Veter17 ans Commemorative Coin Act of 1993’’.

18 SEC. 202. COIN SPECIFICATIONS.

19 (a) ONE-DOLLAR SILVER COINS.—

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

21 (hereafter in this title referred to as the ‘‘Sec22 retary’’) shall issue one-dollar coins of 3 different

23 designs, which shall—

24 (A) weigh 26.73 grams;

25 (B) have a diameter of 1.500 inches; and
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1 (C) contain 90 percent silver and 10 per2 cent copper.

3 (2) DESIGNATION OF VALUE AND INSCRIP4 TIONS.—On each coin there shall be a designation of

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

6 ‘‘1994’’, and inscriptions of the words ‘‘Liberty’’,

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

8 and ‘‘E Pluribus Unum’’.

9 (3) DESIGN OF 3 COINS.—

10 (A) PRISONER-OF-WAR COMMEMORATIVE

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

12 shall be a prisoner-of-war commemorative coin

13 the design of which shall be emblematic of the

14 experience of Americans who have been pris15 oners-of-war.

16 (B) VIETNAM VETERANS MEMORIAL COM17 MEMORATIVE COIN.—1 type of coin issued

18 under this title shall be a Vietnam Veterans

19 Memorial commemorative coin the design of

20 which shall be emblematic of the Vietnam

21 Veterans Memorial.

22 (C) WOMEN IN MILITARY SERVICE FOR

23 AMERICA MEMORIAL COMMEMORATIVE COIN.—1

24 type of coin issued under this title shall be

25 Women in Military Service for America Memo-
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1 rial commemorative coin the design of which

2 shall be symbolic of women’s service in the

3 Armed Forces of the United States.

4 (4) MAXIMUM NUMBER FOR COINS OF EACH

5 DESIGN.—The Secretary shall issue no more than

6 500,000 coins of each design.

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

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

9 title 31, United States Code.

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

11 5132(a)(1) of title 31, United States Code, all coins

12 minted under this title shall be considered to be numis13 matic items.

14 SEC. 203. SOURCES OF BULLION.

15 The Secretary shall obtain silver for the coins minted

16 under this title only from stockpiles established under the

17 Strategic and Critical Minerals Stock Piling Act.

18 SEC. 204. SELECTION OF DESIGN.

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

20 authorized by this title shall be—

21 (1) selected by the Secretary after consultation

22 with the Commission of Fine Arts and—

23 (A) in the case of the coin described in

24 section 202(a)(3)(B), the Vietnam Veterans

25 Memorial Fund; and
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1 (B) in the case of the coin described in

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

3 Service for America Memorial Foundation, In4 corporated; and

5 (2) reviewed by the Citizens Commemorative

6 Advisory Committee.

7 SEC. 205. SALE OF COINS.

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

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

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

11 (including labor, materials, dies, use of machinery, and

12 overhead expenses) and the surcharge provided for in sub13 section (d).

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

15 sales at a reasonable discount.

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

17 prepaid orders for the coins issued under this title before

18 the issuance of such coins. Sales under this subsection

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

20 prepayment.

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

22 this title shall include a surcharge of $10 per coin.
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1 SEC. 206. ISSUANCE OF THE COINS.

2 (a) COMMENCEMENT OF ISSUANCE.—The coins

3 minted under this title may be issued beginning May 1,

4 1994.

5 (b) TERMINATION OF AUTHORITY.—The coins au6 thorized under this title may not be minted after April

7 30, 1995.

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

9 authorized under this title shall be issued in uncirculated

10 and proof qualities.

11 (d) 3-COIN SETS.—

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

13 manner and form of sales of coins minted under this

14 title, the Secretary shall make a portion of such

15 coins available for sale in 3-coin sets containing 1 of

16 each of the 3 designs of coins required pursuant to

17 section 202(a)(3).

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

19 sets made available pursuant to paragraph (1) shall

20 be at the discretion of the Secretary.

21 SEC. 207. 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. 208. DISTRIBUTION OF SURCHARGES.

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

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

10 the surcharges received by the Secretary from the sale of

11 prisoner-of-war commemorative coins described in section

12 202(a)(3)(A) shall be promptly paid by the Secretary in

13 the order that follows:

14 (1) AMOUNTS TO BE MADE AVAILABLE FOR

15 CONSTRUCTION OF MUSEUM.—The Secretary of the

16 Treasury shall make available to the Secretary of

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

18 for the construction of the Andersonville Prisoner-of19 War Museum in Andersonville, Georgia.

20 (2) AMOUNTS TO BE PAID TO ENDOWMENT

21 FUND.—After payment of the amount required by

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

23 pay 50 percent of the remaining surcharges to the

24 endowment fund established pursuant to section

25 209(a).
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1 (3) AMOUNTS TO BE PAID TO MAINTAIN NA2 TIONAL CEMETERIES.—After payment of the

3 amount required by paragraph (1), the Secretary

4 shall pay 50 percent of the remaining surcharges to

5 the Secretary of Veterans Affairs for purposes of

6 maintaining national cemeteries pursuant to chapter

7 24 of title 38, United States Code.

8 (b) VIETNAM VETERANS MEMORIAL COMMEMORA9 TIVE COINS.—Except as provided in subsection (d), an

10 amount equal to the surcharges received by the Secretary

11 from the sale of Vietnam Veterans Memorial commemora12 tive coins described in section 202(a)(3)(B) shall be

13 promptly paid by the Secretary to the Vietnam Veterans

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

15 endowment to be a permanent source of support for the

16 repair, maintenance, and addition of names to the

17 Vietnam Veterans Memorial.

18 (c) WOMEN IN MILITARY SERVICE FOR AMERICA

19 MEMORIAL COMMEMORATIVE COINS.—Except as provided

20 in subsection (d), an amount equal to the surcharges re21 ceived by the Secretary from the sale of Women in Military

22 Service for America Memorial commemorative coins de23 scribed in section 202(a)(3)(C) shall be promptly paid by

24 the Secretary to the Women in Military Service for Amer25 ica Memorial Foundation, Inc., for the purpose of creat-
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1 ing, endowing, and dedicating the Women in Military

2 Service for America Memorial.

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

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

5 to section 206(d)—

(1) 1 6 ⁄3 of such amount shall be distributed as

7 provided in subsection (a);

(2) 1 8 ⁄3 shall be distributed as provided in sub9 section (b); and

(3) 1 10 ⁄3 shall be distributed as provided in sub11 section (c).

12 SEC. 209. ANDERSONVILLE PRISONER-OF-WAR MUSEUM EN13 DOWMENT FUND.

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

15 the Department of the Interior an endowment fund (here16 inafter in this section referred to as the ‘‘fund’’) to be

17 administered by the Secretary of the Interior and to con18 sist of the amounts deposited under subsection (b).

19 (b) DEPOSIT INTO FUND.—

20 (1) DEPOSIT FROM SURCHARGES.—There shall

21 be deposited into the fund such amounts that are

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

23 (2) INVESTMENT.—The Secretary of the Inte24 rior shall have the authority to invest the portion of

25 the fund that is not, in the determination of such
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1 Secretary, required to meet the current needs of the

2 fund, in obligations of the United States or in obli3 gations guaranteed as to the principal and interest

4 by the United States. In making such investments,

5 the Secretary of the Interior shall select obligations

6 having maturities suitable to the needs of the fund.

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

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

9 to pay for the maintenance of the Andersonville Prisoner10 of-War Museum in Andersonville, Georgia.

11 SEC. 210. AUDITS.

12 The Comptroller General of the United States shall

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

14 and other data of the entities specified in section 208, as

15 may be related to the expenditures of amounts paid under

16 section 208.

17 SEC. 211. FINANCIAL ASSURANCES.

18 (a) NO NET COST TO THE GOVERNMENT.—The Sec19 retary shall take such actions as may be necessary to en20 sure that minting and issuing coins under this title will

21 not result in any net cost to the United States Govern22 ment.

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

24 under this title unless the Secretary has received—

25 (1) full payment for the coin;
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1 (2) security satisfactory to the Secretary to in2 demnify the United States for full payment; or

3 (3) a guarantee of full payment satisfactory to

4 the Secretary from a depository institution whose

5 deposits are insured by the Federal Deposit Insur6 ance Corporation or the National Credit Union

7 Administration Board.

8 TITLE III—REFORM OF COM9 MEMORATIVE COIN PRO10 GRAMS

11 SEC. 301. SENSE OF CONGRESS RESOLUTION.

12 (A) FINDINGS.—The Congress hereby makes the fol13 lowing findings:

14 (1) Congress has authorized 18 commemorative

15 coin programs in the 9 years since 1984.

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

17 and people worthy of commemoration than can be

18 honored with commemorative coinage.

19 (3) Commemorative coin legislation has in20 creased at a pace beyond that which the numismatic

21 community can reasonably be expected to absorb.

22 (4) It is in the interests of all Members of Con23 gress that a policy be established to control the flow

24 of commemorative coin legislation.
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1 (b) DECLARATION.—It is the sense of the Congress

2 that the Committee on Banking, Finance and Urban Af3 fairs of the House of Representatives and the Committee

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

5 should not report or otherwise clear for consideration by

6 the House of Representatives or the Senate legislation

7 providing for more than 2 commemorative coin programs

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

9 basis of a recommendation by the Citizens Commemora10 tive Coin Advisory Committee, that extraordinary merit

11 exists for an additional commemorative coin program.

12 SEC. 302. REPORTS BY RECIPIENTS OF COMMEMORATIVE

13 COIN SURCHARGES.

14 (a) QUARTERLY FINANCIAL REPORT.—

15 (1) IN GENERAL.—Each person who receives,

16 after the date of the enactment of this Act, any sur17 charge derived from the sale of commemorative coins

18 under any Act of Congress shall submit a quarterly

19 financial report to the Director of the United States

20 Mint and the Comptroller General of the United

21 States describing in detail the expenditures made by

22 such person from the proceeds of the surcharge.

23 (2) INFORMATION TO BE INCLUDED.—The re24 port under paragraph (1) shall include information

25 on the proportion of the surcharges received during
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1 the period covered by the report to the total revenue

2 of such person during such period, expressed as a

3 percentage, and the percentage of total revenue dur4 ing such period which was spent on administrative

5 expenses (including salaries, travel, overhead, and

6 fund raising).

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

8 subsection shall be due at the end of the 30-day pe9 riod beginning on the last day of any calendar quar10 ter during which any surcharge derived from the

11 sale of commemorative coins is received by any

12 person.

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

14 the date of the enactment of this Act, any surcharge de15 rived from the sale of commemorative coins under any Act

16 of Congress shall submit a final report on the expenditures

17 made by such person from the proceeds of all surcharges

18 received by such person, including information described

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

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

21 may be made.

22 SEC. 303. GAO REPORTS TO CONGRESS.

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

24 last day on which sales of commemorative coins may be

25 made under the Act of Congress which authorized such
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1 coins, the Comptroller General of the United States shall

2 submit a financial accounting statement to the Congress

3 on the payment of any surcharges derived from the sale

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

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

6 which is an agency or department of the Federal Govern7 ment) based on the reports filed by such recipient with

8 the Comptroller General in accordance with section 302

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

10 Comptroller General with respect to the use and expendi11 ture of such proceeds.

Passed the House of Representatives November 21,

1993.

Attest: DONNALD K. ANDERSON,

Clerk.

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