I 

114TH CONGRESS 

1ST SESSION H. R. 2906 

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

the 50th anniversary of the Texas Western College National Collegiate 

Athletic Association men’s basketball championship. 

IN THE HOUSE OF REPRESENTATIVES 

JUNE 25, 2015 

Mr. O’ROURKE introduced the following bill; which was referred to the 

Committee on Financial Services 

A BILL 

To require the Secretary of the Treasury to mint coins 

in recognition of the 50th anniversary of the Texas Western College National Collegiate Athletic Association 

men’s basketball championship. 

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 ‘‘50th Anniversary of 

5 the Texas Western College Men’s Basketball Champion6 ship Commemorative Coin Act’’. 

7 SEC. 2. FINDINGS. 

8 The Congress finds the following: 


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1 (1) On March 19, 1966, Texas Western College 

2 (the ‘‘Miners’’) defeated the University of Kentucky 

3 in the National Collegiate Athletic Association 

4 (‘‘NCAA’’) men’s college basketball final at Cole 

5 Field House in College Park, Maryland, by a score 

6 of 72–65. 

7 (2) The 1966 Miners are still the only team 

8 from the State of Texas to win a NCAA basketball 

9 championship. 

10 (3) This marked the first time an all-Black 

11 starting lineup had won the NCAA championship; 

12 (4) After the 1966 championship, many college 

13 teams throughout the South following the Miners’ 

14 example began recruiting Black athletes, ending 

15 years of segregation. 

16 (5) Immediately after the championship, be17 tween the years of 1966 and 1985, the average num18 ber of Black players on college teams nearly dou19 bled. 

20 (6) Every southern conference team (including 

21 the Southeastern Conference) followed the Miners’ 

22 example, and all basketball teams were integrated 

23 the following season. 


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1 (7) The top-ranked University of Kentucky 

2 men’s basketball team was favored in the final over 

3 the third-ranked Texas Western College squad. 

4 (8) Texas Western College was led by coach 

5 Don Haskins and the University of Kentucky by 

6 coach Adolph Rupp. 

7 (9) Coach Haskins taught his team the ‘‘swing8 ing gate’’ defensive style he had learned as a player 

9 at Oklahoma Agricultural and Mechanical College 

10 (now Oklahoma State University) under legendary 

11 coach Henry Iba. 

12 (10) Texas Western College’s journey to the 

13 1966 NCAA championship was depicted in the 2006 

14 film titled ‘‘Glory Road’’. 

15 SEC. 3. COIN SPECIFICATIONS. 

16 (a) DENOMINATIONS.—The Secretary of the Treas17 ury (hereafter in this Act referred to as the ‘‘Secretary’’) 

18 shall mint and issue the following coins: 

19 (1) $5 GOLD COINS.—Not more than 50,000 $5 

20 coins, which shall— 

21 (A) weigh 8.359 grams; 

22 (B) have a diameter of 0.850 inches; and 

23 (C) contain 90 percent gold and 10 percent 

24 alloy. 


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1 (2) $1 SILVER COINS.—Not more than 400,000 

2 $1 coins, which shall— 

3 (A) weigh 26.73 grams; 

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

5 (C) contain 90 percent silver. 

6 (3) HALF-DOLLAR CLAD COINS.—Not more 

7 than 750,000 half-dollar coins which shall— 

8 (A) weigh 11.34 grams; 

9 (B) have a diameter of 1.205 inches; and 

10 (C) be minted to the specifications for half11 dollar coins contained in section 5112(b) of title 

12 31, United States Code. 

13 (b) LEGAL TENDER.—The coins minted under this 

14 Act shall be legal tender, as provided in section 5103 of 

15 title 31, United States Code. 

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

17 5134 and 5136 of title 31, United States Code, all coins 

18 minted under this Act shall be considered to be numis19 matic items. 

20 SEC. 4. DESIGN OF COINS. 

21 (a) IN GENERAL.—The design of the coins minted 

22 under this Act shall be emblematic of the game of basket23 ball and shall be— 


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1 (1) selected by the Secretary after consultation 

2 with the Commission of Fine Arts and the National 

3 Collegiate Basketball Hall of Fame; and 

4 (2) reviewed by the Citizens Coinage Advisory 

5 Committee. 

6 (b) DESIGNATION AND INSCRIPTIONS.—On each coin 

7 minted under this Act there shall be— 

8 (1) a designation of the value of the coin; 

9 (2) an inscription of the year ‘‘2017’’; and 

10 (3) inscriptions of the words ‘‘Liberty’’, ‘‘In 

11 God We Trust’’, ‘‘United States of America’’, and 

12 ‘‘E Pluribus Unum’’. 

13 SEC. 5. ISSUANCE OF COINS. 

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

15 Act shall be issued in uncirculated and proof qualities. 

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

17 States Mint may be used to strike any particular quality 

18 of the coins minted under this Act. 

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

20 issue coins minted under this Act only during the 1-year 

21 period beginning on January 1, 2017. 

22 SEC. 6. SALE OF COINS. 

23 (a) SALE PRICE.—The coins issued under this Act 

24 shall be sold by the Secretary at a price equal to the sum 

25 of— 


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1 (1) the face value of the coins; 

2 (2) the surcharge provided in section 7(a) with 

3 respect to such coins; and 

4 (3) the cost of designing and issuing the coins 

5 (including labor, materials, dies, use of machinery, 

6 overhead expenses, marketing, and shipping). 

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

8 sales of the coins issued under this Act at a reasonable 

9 discount. 

10 (c) PREPAID ORDERS.— 

11 (1) IN GENERAL.—The Secretary shall accept 

12 prepaid orders for the coins minted under this Act 

13 before the issuance of such coins. 

14 (2) DISCOUNT.—Sale prices with respect to pre15 paid orders under paragraph (1) shall be at a rea16 sonable discount. 

17 SEC. 7. SURCHARGES. 

18 (a) IN GENERAL.—All sales of coins issued under this 

19 Act shall include a surcharge of— 

20 (1) $35 per coin for the $5 coin; 

21 (2) $10 per coin for the $1 coin; and 

22 (3) $5 per coin for the half-dollar coin. 

23 (b) DISTRIBUTION.—Subject to section 5134(f)(1) of 

24 title 31, United States Code, all surcharges received by 

25 the Secretary from the sale of coins issued under this Act 


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1 shall be promptly paid by the Secretary to the National 

2 Collegiate Basketball Hall of Fame to help finance renova3 tions of existing National Collegiate Basketball Hall of 

4 Fame facilities. 

5 (c) AUDITS.—The National Collegiate Basketball 

6 Hall of Fame shall be subject to the audit requirements 

7 of section 5134(f)(2) of title 31, United States Code, with 

8 regard to the amounts received under subsection (b). 

9 (d) LIMITATION.—Notwithstanding subsection (a), 

10 no surcharge may be included with respect to the issuance 

11 under this Act of any coin during a calendar year if, as 

12 of the time of such issuance, the issuance of such coin 

13 would result in the number of commemorative coin pro14 grams issued during such year to exceed the annual 2 

15 commemorative coin program issuance limitation under 

16 section 5112(m)(1) of title 31, United States Code (as in 

17 effect on the date of the enactment of this Act). The Sec18 retary of the Treasury may issue guidance to carry out 

19 this subsection. 

20 SEC. 8. FINANCIAL ASSURANCES. 

21 The Secretary shall take such actions as may be nec22 essary to ensure that— 

23 (1) minting and issuing coins under this Act 

24 will not result in any net cost to the United States 

25 Government; and 


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1 (2) no funds, including applicable surcharges, 

2 are disbursed to any recipient designated in section 

3 7 until the total cost of designing and issuing all of 

4 the coins authorized by this Act (including labor, 

5 materials, dies, use of machinery, overhead expenses, 

6 marketing, and shipping) is recovered by the United 

7 States Treasury, consistent with sections 5112(m) 

8 and 5134(f) of title 31, United States Code. 

Æ 


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