I

103D CONGRESS

2D SESSION H. R. 4074

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

of the National Law Enforcement Officers Memorial, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

MARCH 17, 1994

Mr. HOYER (for himself, Mr. STUPAK, and Mr. LIGHTFOOT) introduced the

following bill; which was referred jointly to the Committees on Banking,

Finance and Urban Affairs and Natural Resources

A BILL

To require the Secretary of the Treasury to mint coins

in commemoration of the National Law Enforcement

Officers 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 SECTION 1. SHORT TITLE.

4 This Act may be cited as the ‘‘National Law Enforce5 ment Officers Memorial Coin Act’’.

6 SEC. 2. COIN SPECIFICATIONS.

7 (a) FIVE DOLLAR GOLD COINS.—The Secretary of

8 the Treasury (hereafter referred to as the ‘‘Secretary’’)
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1 shall issue not more than 200,000 five dollar coins, which

2 shall—

3 (1) weigh 8.859 grams;

4 (2) have a diameter of 0.850 inches; and

5 (3) contain 90 percent gold and 10 percent

6 alloy.

7 (b) ONE DOLLAR SILVER COINS.—The Secretary

8 shall issue not more than 750,000 one dollar coins which

9 shall—

10 (1) weigh 26.73 grams;

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

12 (3) contain 90 percent silver and 10 percent

13 copper.

14 (c) DESIGN.—The design of coins authorized to be

15 minted under this Act shall be emblematic of the National

16 Law Enforcement Officers Memorial. On each such coin

17 there shall be a designation of the value of the coin, an

18 inscription of the year ‘‘1994’’, and inscriptions of the

19 words ‘‘Liberty’’, ‘‘In God We Trust’’, ‘‘United States of

20 America’’, and ‘‘E Pluribus Unum’’.

21 (d) LEGAL TENDER.—The coins issued under this

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

23 title 31, United States Code.

24 (e) NUMISMATIC ITEMS.—For purposes of section

25 5132(a)(1) of title 31, United States Code, all coins mint-
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1 ed under this Act shall be considered to be numismatic

2 items.

3 SEC. 3. SOURCES OF BULLION.

4 (a) GOLD.—The Secretary shall obtain gold for mint5 ing coins under this Act pursuant to the authority of the

6 Secretary under existing law.

7 (b) SILVER.—The Secretary shall obtain silver for

8 minting coins under this Act only from stockpiles estab9 lished under the Strategic and Critical Minerals Stock

10 Piling Act.

11 SEC. 4. SELECTION OF DESIGN.

12 The design for each coin authorized by this Act shall

13 be—

14 (1) selected by the Secretary after consultation

15 with the National Law Enforcement Officers Memo16 rial Fund, Inc., the Secretary of the Interior, and

17 the Commission of Fine Arts; and

18 (2) reviewed by the Citizens Commemorative

19 Advisory Committee.

20 SEC. 5. SALE OF COINS.

21 (a) SALE PRICE.—Notwithstanding any other provi22 sion of law, the coins issued under this Act shall be sold

23 by the Secretary at a price at least equal to the cost of

24 bullion, plus the cost of designing and issuing such coins
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1 (including labor, materials, dies, use of machinery, over2 head expenses, marketing, and shipping).

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 prior to the issuance of such

7 coins. Sales under this subsection shall be at a reasonable

8 discount.

9 (d) SURCHARGE REQUIRED.—All sales shall include

10 a surcharge of $35 per coin for the five dollar coins and

11 $7 per coin for the one dollar coins.

12 SEC. 6. ISSUANCE OF THE COINS.

13 (a) PERIOD FOR ISSUANCE.—The coins authorized

14 under this Act shall be issued only through the end of cal15 endar year 1994.

16 (b) PROOF AND UNCIRCULATED COINS.—The coins

17 authorized under this Act shall be issued in uncirculated

18 and proof qualities, and not more than 1 facility of the

19 United States Mint may be used to strike any particular

20 combination of denomination and quality.

21 SEC. 7. 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. 8. DISTRIBUTION OF SURCHARGES.

8 The total amount of surcharges received by the Sec9 retary from the sale of coins under this Act shall be

10 promptly paid by the Secretary to the Fund established

11 under section 11.

12 SEC. 9. AUDITS.

13 The Comptroller General shall have the right to ex14 amine such books, records, documents, and other data of

15 the National Park Service as may be related to the ex16 penditure of amounts paid under section 8.

17 SEC. 10. FINANCIAL ASSURANCES.

18 (a) NO COST TO THE GOVERNMENT.—The Secretary

19 shall take such actions as may be necessary to ensure that

20 the minting and issuance of the coins under this Act shall

21 not result in any net cost to the Federal Government.

22 (b) PAYMENT.—No coin shall be issued under this

23 Act unless the Secretary has received—

24 (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 the de5 posits of which are insured by the Federal Deposit

6 Insurance Corporation or the National Credit Union

7 Administration.

8 SEC. 11. NATIONAL LAW ENFORCEMENT OFFICERS MEMO9 RIAL MAINTENANCE FUND.

10 (a) ESTABLISHMENT.—There is hereby established

11 the National Law Enforcement Officers Memorial Mainte12 nance Fund (hereafter referred to as the ‘‘Fund’’), which

13 shall be a revolving fund, to be administered by the Sec14 retary of the Interior. Monies for the Fund shall be raised

15 through surcharges paid to the Fund pursuant to section

16 8. The Secretary of the Interior may accept donations for

17 the Fund. The Fund shall be maintained in an interest

18 bearing account within the Department of the Treasury.

19 (b) PURPOSES.—The Fund shall be used—

20 (1) for maintenance and repair of the National

21 Law Enforcement Officers Memorial;

22 (2) to add to the Memorial the names of law

23 enforcement officers who have died in the line of

24 duty;
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1 (3) for security of the Memorial site, to include

2 the posting of National Park Service rangers and

3 United States Park Police, as appropriate;

4 (4) at the discretion of the Secretary of the In5 terior and in consultation with the Secretary of the

6 Treasury and the Attorney General of the United

7 States, who shall establish an equitable procedure

8 between the Fund and such other organizations as

9 may be appropriate, to provide educational scholar10 ships to the immediate family members of law en11 forcement officers killed in the line of duty whose

12 names appear on the Memorial, the total amount of

13 such scholarships not to exceed 10 percent of the

14 Fund’s annual income;

15 (5) for the dissemination of information regard16 ing the Memorial to the general public; and

17 (6) to administer the Fund, including contract18 ing for necessary services, in an amount not to ex19 ceed the lesser of—

20 (A) 10 percent of the Fund’s annual in21 come; or

22 (B) $200,000 in any 1-year period.

23 (c) BUDGET AND AUDIT TREATMENT.—The Fund

24 shall be subject to the budget and audit provisions of chap25 ter 91 of title 31, United States Code.
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