II

103D CONGRESS

2D SESSION S. 2183

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

of the 50th anniversary of the signing of the World War II peace

accords on September 2, 1945.

IN THE SENATE OF THE UNITED STATES

JUNE 14 (legislative day, JUNE 7), 1994

Mrs. HUTCHISON (for herself and Mr. ROBB) 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 50th anniversary of the signing

of the World War II peace accords on September 2,

1945.

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 ‘‘World War II Peace

5 Accords Commemorative Coin Act’’.

6 SEC. 2. CONGRESSIONAL FINDINGS AND SENSE OF THE

7 CONGRESS.

8 (a) FINDINGS.—The Congress finds that—
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1 (1) September 2, 1995, will mark the 50th an2 niversary of the signing of the peace accords among

3 the nations involved in World War II in the Pacific;

4 and

5 (2) September 2, 1945, marked the end of all

6 hostilities in the largest war the world has ever

7 known, and the birth of a democratic form of gov8 ernment in Japan.

9 (b) SENSE OF THE CONGRESS.—It is the sense of

10 the Congress that—

11 (1) the 50th anniversary of the signing of the

12 peace accords on the U.S.S. Missouri should not go

13 unrecognized; and

14 (2) the United States should recognize such an15 niversary by minting and issuing a commemorative

16 coin.

17 SEC. 3. COIN SPECIFICATIONS.

18 (a) HALF DOLLAR CLAD COINS.—The Secretary of

19 the Treasury (hereafter in this Act referred to as the ‘‘Sec20 retary’’) shall mint and issue not more than 500,000 half

21 dollar coins which shall—

22 (1) weigh 11.34 grams;

23 (2) have a diameter of 1.205 inches; and
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1 (3) be minted to the specifications for half dol2 lar coins contained in section 5112(b) of title 31,

3 United States Code.

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

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

6 title 31, United States Code.

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

8 5134 of title 31, United States Code, all coins minted

9 under this Act shall be considered to be numismatic items.

10 SEC. 4. DESIGN OF COINS.

11 (a) DESIGN REQUIREMENTS.—

12 (1) IN GENERAL.—The design of the coins

13 minted under this Act shall be emblematic of the

14 signing of the peace accords on September 2, 1945.

15 (2) DESIGNATION AND INSCRIPTIONS.—On

16 each coin minted under this Act there shall be—

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

18 (B) an inscription of the year ‘‘1995’’; and

19 (C) inscriptions of the words ‘‘Liberty’’,

20 ‘‘In God We Trust’’, ‘‘United States of Amer21 ica’’, and ‘‘E Pluribus Unum’’.

22 (b) SELECTION.—The design for the coins minted

23 under this Act shall be—
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1 (1) selected by the Secretary after consultation

2 with the Admiral Nimitz Foundation and the Com3 mission of Fine Arts; and

4 (2) reviewed by the Citizens Commemorative

5 Coin Advisory Committee.

6 SEC. 5. ISSUANCE OF COINS.

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

8 Act shall be issued in uncirculated and proof qualities.

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

10 States Mint may be used to strike any particular quality

11 of the coins minted under this Act.

12 (c) COMMENCEMENT OF ISSUANCE.—The Secretary

13 may issue coins minted under this Act beginning January

14 1, 1995.

15 (d) TERMINATION OF MINTING AUTHORITY.—No

16 coins may be minted under this Act after December 31,

17 1995.

18 SEC. 6. SALE OF COINS.

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

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

21 of—

22 (1) the face value of the coins;

23 (2) the surcharge provided in subsection (d)

24 with respect to such coins; and
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1 (3) the cost of designing and issuing the coins

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

3 overhead expenses, marketing, and shipping).

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

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

6 discount.

7 (c) PREPAID ORDERS.—

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

9 prepaid orders for the coins minted under this Act

10 before the issuance of such coins.

11 (2) DISCOUNT.—Sale prices with respect to pre12 paid orders under paragraph (1) shall be at a rea13 sonable discount.

14 (d) SURCHARGE.—All sales shall include a surcharge

15 of $5.00 per coin.

16 SEC. 7. GENERAL WAIVER OF PROCUREMENT REGULA17 TIONS.

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

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

20 contracts shall be applicable to the procurement of goods

21 and services necessary for carrying out the provisions of

22 this Act.

23 (b) EQUAL EMPLOYMENT OPPORTUNITY.—Sub24 section (a) shall not relieve any person entering into a con-
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1 tract under the authority of this Act from complying with

2 any law relating to equal employment opportunity.

3 SEC. 8. DISTRIBUTION OF SURCHARGES.

4 (a) IN GENERAL.—All surcharges received by the

5 Secretary from the sale of coins issued under this Act shall

6 be promptly paid by the Secretary to the Admiral Nimitz

7 Foundation for the purpose of preserving the Pacific War

8 heritage of the United States.

9 (b) AUDITS.—The Comptroller General of the United

10 States shall have the right to examine such books, records,

11 documents, and other data of the Admiral Nimitz Founda12 tion as may be related to the expenditure of amounts paid

13 under subsection (a).

14 SEC. 9. FINANCIAL ASSURANCES.

15 (a) NO NET COST TO THE GOVERNMENT.—The Sec16 retary shall take such actions as may be necessary to en17 sure that minting and issuing coins under this Act will

18 not result in any net cost to the United States Govern19 ment.

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

21 under this Act unless the Secretary has received—

22 (1) full payment for the coin;

23 (2) security satisfactory to the Secretary to in24 demnify the United States for full payment; or
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1 (3) a guarantee of full payment satisfactory to

2 the Secretary from a depository institution whose

3 deposits are insured by the Federal Deposit Insur4 ance Corporation or the National Credit Union Ad5 ministration Board.

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