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103D CONGRESS

1ST SESSION S. 1695

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

of the 25th anniversary of the Apollo 11 Moon landing.

IN THE SENATE OF THE UNITED STATES

NOVEMBER 19 (legislative day, NOVEMBER 2), 1993

Mr. MACK (for himself and Mr. KERREY) introduced the following bill; which

was read twice and referred to the Committee on Banking, Housing, and

Urban Affairs

A BILL

To require the Secretary of the Treasury to mint coins

in commemoration of the 25th anniversary of the Apollo

11 Moon 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 ‘‘Apollo 11 Moon Land5 ing 25th Anniversary Commemorative Coin Act’’.

6 SEC. 2. COIN SPECIFICATIONS.

7 (a) ONE DOLLAR SILVER COINS.—

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

9 (hereafter in this Act referred to as the ‘‘Secretary’’)
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1 shall issue not more than 500,000 one dollar coins

2 each of which shall—

3 (A) weigh 26.73 grams;

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

5 (C) be composed of 90 percent silver and

6 10 percent copper.

7 (2) DESIGN.—The design of the dollar coins

8 shall be emblematic of America’s great achievement

9 25 years ago when humans first landed on the

10 Moon. On each coin shall be a designation of the

11 value of the coin, an inscription of the year ‘‘1994’’,

12 and inscriptions of the words ‘‘Liberty’’, ‘‘In God

13 We Trust’’, ‘‘United States of America’’, and ‘‘E

14 Pluribus Unum’’.

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

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

17 title 31, United States Code.

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

19 5132(a)(1) of title 31, United States Code, all coins mint20 ed under this Act shall be considered to be numismatic

21 items.

22 SEC. 3. SOURCES OF BULLION.

23 The Secretary shall obtain silver for the coins minted

24 under this Act from stockpiles established under the Stra25 tegic and Critical Minerals Stock Piling Act.
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1 SEC. 4. SELECTION OF DESIGN.

2 The design for each coin authorized by this Act shall

3 be—

4 (1) selected by the Secretary after consultation

5 with the Commission of Fine Arts; and

6 (2) reviewed by the Citizens Commemorative

7 Coin Advisory Committee.

8 SEC. 5. ISSUANCE OF THE COINS.

9 (a) PERIOD FOR ISSUANCE.—The coins minted under

10 this Act may be issued by the Secretary beginning on July

11 20, 1994.

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

13 be minted under this Act after July 19, 1995.

14 (c) USE OF 1 MINT FACILITY.—Only 1 facility of the

15 United States Mint may be used to strike any quality of

16 coin.

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

18 minted under this Act shall be issued in uncirculated and

19 proof qualities.

20 SEC. 6. SALE OF COINS.

21 (a) SALE PRICE.—Notwithstanding any other provi22 sion of law, the Secretary shall sell the coins minted under

23 this Act at a price equal to the face value, plus the cost

24 of designing and issuing the coins (including labor, mate25 rials, dies, use of machinery, and overhead expenses).
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1 (b) BULK SALES.—The Secretary shall make any

2 bulk sales of the coins minted under this Act at a reason3 able discount.

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

5 prepaid orders for the coins minted under this Act prior

6 to the issuance of such coins. Sale prices with respect to

7 such prepaid orders shall be at a reasonable discount.

8 (c) SURCHARGE.—All sales of coins minted under

9 this Act shall include a surcharge of $10.00 per coin.

10 SEC. 7. GENERAL WAIVER OF PROCUREMENT REGULA11 TIONS.

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

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

14 contracts shall be applicable to the procurement of goods

15 and services necessary for carrying out the provisions of

16 this Act.

17 (b) EQUAL EMPLOYMENT OPPORTUNITY.—Sub18 section (a) shall not relieve any person entering into a con19 tract under the authority of this Act from complying with

20 any law relating to equal employment opportunity.

21 SEC. 8. DISTRIBUTION OF SURCHARGES.

22 The surcharges received by the Secretary from the

23 sale of the coins issued under this Act shall be promptly

24 paid by the Secretary to the Aerospace Education Alliance

25 for the purpose of developing and implementing a program
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1 to enhance the math and science skills of America’s teach2 ers in grades kindergarten through 8, as part of the na3 tional strategy to improve mathematics and science edu4 cation.

5 SEC. 9. AUDITS.

6 The Comptroller General shall have the right to ex7 amine such books, records, documents, and other data of

8 the Aerospace Education Alliance as may be related to the

9 expenditure of amounts paid under section 8.

10 SEC. 10. FINANCIAL ASSURANCES.

11 (a) NO NET COST TO THE GOVERNMENT.—The Sec12 retary shall take such actions as may be necessary to en13 sure that minting and issuing coins under this Act will

14 not result in any net cost to the United States Govern15 ment.

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

17 under this Act unless the Secretary has received—

18 (1) full payment for the coin;

19 (2) security satisfactory to the Secretary to in20 demnify the United States for full payment; or

21 (3) a guarantee of full payment satisfactory to

22 the Secretary from a depository institution whose

23 deposits are insured by the Federal Deposit Insur24 ance Corporation or the National Credit Union Ad25 ministration Board.
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