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[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 3712 Introduced in Senate (IS)]

112th CONGRESS
  2d Session
                                S. 3712

 To authorize the minting of a coin in honor of the Centennial of Boys 
                     Town, and for other purposes.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                           December 28, 2012

 Mr. Nelson of Nebraska introduced the following bill; which was read 
  twice and referred to the Committee on Banking, Housing, and Urban 
                                Affairs

_______________________________________________________________________

                                 A BILL

 
 To authorize the minting of a coin in honor of the Centennial of Boys 
                     Town, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Boys Town Centennial Commemorative 
Coin Act''.

SEC. 2. FINDINGS.

    Congress finds that--
            (1) Boys Town is a nonprofit organization dedicated to 
        saving children and healing families, nationally headquartered 
        in the village of Boys Town, Nebraska;
            (2) Father Flanagan's Boys Home, known as ``Boys Town'', 
        was founded on December 12, 1917, by Servant of God Father 
        Edward Flanagan;
            (3) Boys Town was created to serve children of all races 
        and religions;
            (4) news of Father Flanagan's work spread worldwide with 
        the success of the 1938 movie, ``Boys Town'';
            (5) after World War II, President Truman asked Father 
        Flanagan to take his message to the world, and he traveled the 
        globe visiting war orphans and advising government leaders on 
        how to care for displaced children;
            (6) Boys Town has grown exponentially, and now provides 
        care to children and families across the country in 11 regions, 
        including California, Nevada, Texas, Nebraska, Iowa, Louisiana, 
        North Florida, Central Florida, South Florida, Washington, DC, 
        New York, and New England;
            (7) the Boys Town National Hotline provides counseling to 
        more than 150,000 callers each year;
            (8) the Boys Town National Research Hospital is a national 
        leader in the field of hearing care and research into Usher 
        Syndrome;
            (9) each year, Boys Town programs impact the lives of more 
        than 2,000,000 children and families across America; and
            (10) December 12th, 2017, will mark the 100th Anniversary 
        of Boys Town, Nebraska.

SEC. 3. COIN SPECIFICATIONS.

    (a) $1 Silver Coins.--The Secretary of the Treasury (in this Act 
referred to as the ``Secretary'') shall mint and issue not more than 
350,000 $1 coins in commemoration of the centennial of the founding of 
Father Flanagan's Boys Town, each of which shall--
            (1) weigh 26.73 grams;
            (2) have a diameter of 1.500 inches; and
            (3) contain 90 percent silver and 10 percent copper.
    (b) Legal Tender.--The coins minted under this Act shall be legal 
tender, as provided in section 5103 of title 31, United States Code.
    (c) Numismatic Items.--For purposes of sections 5134 and 5136 of 
title 31, United States Code, all coins minted under this Act shall be 
considered to be numismatic items.

SEC. 4. DESIGN OF COINS.

    (a) In General.--The design of the coins minted under this Act 
shall be emblematic of the 100 years of one of the largest nonprofit 
child care agencies in the United States, Boys Town.
    (b) Designation and Inscriptions.--On each coin minted under this 
Act, there shall be--
            (1) a designation of the value of the coin;
            (2) an inscription of the year ``2017''; and
            (3) inscriptions of the words ``Liberty'', ``In God We 
        Trust'', ``United States of America'', and ``E Pluribus Unum''.
    (c) Selection.--The design for the coins minted under this Act 
shall be--
            (1) selected by the Secretary, after consultation with the 
        Executive Director of Boys Town and the Commission of Fine 
        Arts; and
            (2) reviewed by the Citizens of Coinage Advisory Committee.

SEC. 5. ISSUANCE OF COINS.

    (a) Quality of Coins.--Coins minted under this Act shall be issued 
in uncirculated and proof qualities.
    (b) Mint Facility.--Only 1 facility of the United States Mint may 
be used to strike any particular quality of the coins minted under this 
Act.
    (c) Period for Issuance.--The Secretary may issue coins under this 
Act only during the period beginning on January 1, 2017, and ending on 
December 31, 2018.

SEC. 6. SALE OF COINS.

    (a) Sale Price.--The coins issued under this Act shall be sold by 
Secretary at a price equal to the sum of--
            (1) the face value of the coins;
            (2) the surcharge provided in section 7 with respect to 
        such coins; and
            (3) the cost of designing and issuing the coins (including 
        labor, materials, dies, use of machinery, overhead expenses, 
        marketing, and shipping).
    (b) Bulk Sales.--The Secretary shall make bulk sales of the coins 
issued under this Act at a reasonable discount.
    (c) Prepaid Orders.--
            (1) In general.--The Secretary shall accept prepaid orders 
        for the coins minted under this Act before the issuance of such 
        coins.
            (2) Discount.--Sale prices with respect to prepaid orders 
        under paragraph (1) shall be at a reasonable discount.

SEC. 7. SURCHARGES.

    (a) In General.--All sales of coins issued under this Act shall 
include a surcharge of $10 per coin.
    (b) Distribution.--Subject to section 5134(f) of title 31, United 
States Code, all surcharges received by the Secretary from the sale of 
coins issued under this Act shall be paid to Boys Town, which funds 
will be made available to promote and provide for the cause of Boys 
Town, to care and assist children and families in underserved 
communities across America.
    (c) Audits.--The Comptroller General of the United States shall 
have the right to examine such books, records, documents, and other 
data of Father Flanagan's Boys Town as may be related to the 
expenditures of amounts paid under subsection (b).
    (d) Limitation.--Notwithstanding subsection (a), no surcharge may 
be included with respect to the issuance under this Act of any coin 
during a calendar year if, as of the time of such issuance, the 
issuance of such coin would result in the number of commemorative coin 
programs issued during such year to exceed the annual 2 commemorative 
coin programs issuance limitation under section 5112(m)(1) of title 31, 
United States Code (as in effect on the date of enactment of this Act). 
The Secretary may issue guidance to carry out this subsection.
                                 <all>
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