I

103D CONGRESS

1ST SESSION H. R. 3349

To require the Secretary of the Treasury to mint and issue coins in

commemoration of the 25th Anniversary of the first lunar landing.

IN THE HOUSE OF REPRESENTATIVES

OCTOBER 22, 1993

Mr. OXLEY 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 and issue

coins in commemoration of the 25th Anniversary of the

first lunar landing.

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 ‘‘First Lunar Landing

5 Anniversary Commemorative Coin Act’’.

6 SEC. 2. FIRST LUNAR LANDING COMMEMORATIVE COIN.

7 The Secretary of the Treasury (in this Act referred

8 to as the ‘‘Secretary’’) shall mint and issue coins in ac9 cordance with this Act to commemorate the 25th Anniver10 sary of the first lunar landing.
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1 SEC. 3. COIN SPECIFICATIONS.

2 (a) ISSUANCE.—The Secretary of the Treasury shall

3 mint and issue not more than 500,000 1-dollar coins, each

4 of which shall—

5 (1) weigh 26.73 grams;

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

7 (3) contain 90 percent silver and 10 percent

8 copper.

9 (b) DESIGN.—

10 (1) REQUIREMENTS.—The design of the coins

11 issued under subsection (A) shall be emblematic of

12 the first lunar landing and shall include—

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

14 (B) an inscription of the year ‘‘1994’’; and

15 (C) inscriptions of the words—

16 (i) ‘‘Liberty’’;

17 (ii) ‘‘In God We Trust’’;

18 (iii) ‘‘United States of America’’; and

19 (iv) ‘‘E Pluribus Unum’’.

20 (2) SELECTION OF DESIGN.—The design of the

21 coins minted under this Act shall be—

22 (A) selected by the Secretary after con23 sultation with the Administrator of the Na24 tional Aeronautics and Space Administration;

25 and
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1 (B) reviewed by the Citizens Commemora2 tive Coin Advisory Committee in accordance

3 with section 5134 of title 31, United States

4 Code.

5 (c) LEGAL TENDER.—The coins minted under this

6 Act shall be legal tender as provided in section 5103 of

7 title 31, United States Code.

8 SEC. 4. SOURCES OF BULLION.

9 The Secretary shall obtain silver for the coins minted

10 under this Act from stockpiles established under the Stra11 tegic and Critical Minerals Stock Piling Act (50 U.S.C.

12 98 et seq.).

13 SEC. 5. ISSUANCE OF COINS.

14 (a) COMMENCEMENT OF ISSUANCE.—The Secretary

15 may issue the coins minted under this Act beginning on

16 January 1, 1994.

17 (b) TERMINATION OF AUTHORITY.—Coins may not

18 be minted under this Act after December 31, 1994.

19 (c) QUALITY OF COINS.—The coins minted under

20 this Act shall be issued in uncirculated and proof qualities.

21 (d) MINT FACILITY.—Only 1 facility of the United

22 States Mint may be used to strike any particular quality

23 of coins minted under this Act.
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1 SEC. 6. SALE OF COINS.

2 (a) SALE PRICE.—The Secretary shall sell the coins

3 minted under this Act at as price equal to the face value

4 plus the cost of designing, minting, and issuing the coins

5 (including labor, materials, dies, use of machinery, over6 head expenses, marketing, and shipping) and the sur7 charge provided in subsection (d).

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

9 sales of the coins minted under this Act at a reasonable

10 discount to reflect the lower cost of the sales.

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

12 prepaid orders for the coins minted under this Act. To

13 fill the orders, the Secretary shall sell the coins at a rea14 sonable discount to reflect the benefit of prepayment.

15 (d) SURCHARGES.—All sales of coins minted under

16 this Act shall include a surcharge of $5 per coin.

17 SEC. 7. USE OF SURCHARGES.

18 Notwithstanding section 5134 of title 32, United

19 States Code, and subject to section 9 of this Act, sur20 charges received from the sale of coins minted under this

21 Act shall be paid by the Secretary as follows:

22 (1) NEIL ARMSTRONG AIR AND SPACE MU23 SEUM.—Twenty-five percent of the surcharges shall

24 be paid to the Ohio Historic Preservation Associa25 tion to be used for the Neil Armstrong Air and

26 Space Museum, located in Wapakoneta, Ohio.
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1 (2) NATIONAL AIR AND SPACE MUSEUM.—

2 Twenty-five percent of the surcharges shall be paid

3 to the Secretary of the Smithsonian Institution to be

4 used for the National Air and Space Museum.

5 (3) REDUCTION OF NATIONAL DEBT.—Fifty

6 percent of the surcharges shall be transferred to the

7 general fund of the Treasury for the purpose of re8 ducing the national debt.

9 SEC. 8. AUDITS.

10 As a condition of receiving the surcharges paid under

11 section 7, the Ohio Historic Preservation Association shall

12 allow the Comptroller General of the United States to ex13 amine the books, records, documents, and other data of

14 the Ohio Historic Preservation Association that may be

15 related to the expenditure by the Association of surcharges

16 paid under section 7.

17 SEC. 9. FINANCIAL REQUIREMENT.

18 The Secretary shall take actions necessary to ensure

19 that the minting and issuance of the coins under this Act

20 will not result in any net cost to the Federal Government.

21 SEC. 10. PROCUREMENT REGULATIONS.

22 (a) WAIVER.—Except as provided in subsection (b),

23 no provision of law applicable to procurement or public

24 contracts shall be applicable to the procurement of goods
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1 or services relating to the minting and issuing of the coins

2 issued under this Act.

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

6 any law relating to equal employment opportunity.

7 SEC. 11. NUMISMATIC PUBLIC ENTERPRISE FUND.

8 Subject to section 7 of this Act, the coins minted

9 under this Act are numismatic items for purposes of sub10 chapter III, chapter 51, subtitle IV of title 31, United

11 States Code.

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