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104TH CONGRESS

1ST SESSION H. R. 79

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

of Associate Justice Thurgood Marshall.

IN THE HOUSE OF REPRESENTATIVES

JANUARY 4, 1995

Mr. RANGEL introduced the following bill; which was referred to the

Committee on Banking and Financial Services

A BILL

To require the Secretary of the Treasury to mint coins

in commemoration of Associate Justice Thurgood Marshall.

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 ‘‘Thurgood Marshall

5 Commemorative Coin Act’’.

6 SEC. 2. COIN SPECIFICATIONS.

7 (a) $1 SILVER COINS.—The Secretary of the Treas8 ury (hereafter in this Act referred to as the ‘‘Secretary’’)

9 shall mint and issue not more than 500,000 1 dollar coins,

10 which shall—
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1 (1) weigh 26.73 grams;

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

3 (3) contain 90 percent silver and 10 percent

4 copper.

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

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

7 title 31, United States Code.

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

9 5134 of title 31, United States Code, all coins minted

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

11 SEC. 3. SOURCES OF BULLION.

12 The Secretary shall obtain silver for minting coins

13 under this Act only from stockpiles established under the

14 Strategic and Critical Materials Stock Piling Act.

15 SEC. 4. DESIGN OF COINS.

16 (a) DESIGN REQUIREMENTS.—

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

18 minted under this Act shall be emblematic of the

19 tenure of Associate Justice Thurgood Marshall on

20 the Supreme Court of the United States.

21 (2) DESIGNATION AND INSCRIPTIONS.—On

22 each coin minted under this Act there shall be—

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

24 (B) an inscription of the year ‘‘1995’’; and
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1 (C) inscriptions of the words ‘‘Liberty’’,

2 ‘‘In God We Trust’’, ‘‘United States of Amer3 ica’’, and ‘‘E Pluribus Unum’’.

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

5 under this Act shall be—

6 (1) selected by the Secretary after consultation

7 with the Supreme Court Historical Society, the fam8 ily of the late Thurgood Marshall, and the Commis9 sion of Fine Arts; and

10 (2) reviewed by the Citizens Commemorative

11 Coin Advisory Committee.

12 SEC. 5. ISSUANCE OF COINS.

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

14 Act shall be issued in uncirculated and proof qualities.

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

16 States Mint may be used to strike any particular quality

17 of the coins minted under this Act.

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

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

20 period beginning 90 days after the enactment of this Act.

21 SEC. 6. SALE OF COINS.

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

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

24 of—

25 (1) the face value of the coins;
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1 (2) the surcharge provided in subsection (d)

2 with respect to such coins; and

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

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

5 overhead expenses, marketing, and shipping).

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

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

8 discount.

9 (c) PREPAID ORDERS.—

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

11 prepaid orders for the coins minted under this Act

12 before the issuance of such coins.

13 (2) DISCOUNT.—Sale prices with respect to pre14 paid orders under paragraph (1) shall be at a rea15 sonable discount.

16 (d) SURCHARGES.—All sales shall include a sur17 charge of $10 per coin.

18 SEC. 7. GENERAL WAIVER OF PROCUREMENT REGULA19 TIONS.

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

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

22 contracts shall be applicable to the procurement of goods

23 and services necessary for carrying out the provisions of

24 this Act.
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1 (b) EQUAL EMPLOYMENT OPPORTUNITY.—Sub2 section (a) shall not relieve any person entering into a con3 tract under the authority of this Act from complying with

4 any law relating to equal employment opportunity.

5 SEC. 8. DISTRIBUTION OF SURCHARGES.

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

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

8 be promptly paid by the Secretary to the Historical Pres9 ervation Committee of the Supreme Court Historical Soci10 ety for the purpose of collecting and preserving the phys11 ical history of the Supreme Court, including—

12 (1) research on the history of the entire judicial

13 branch of the Federal Government;

14 (2) the acquisition of objects and documents re15 lating to the events associated with the Supreme

16 Court of the United States in the course of the

17 Court’s history; and

18 (3) the acquisition and preservation of docu19 ments, portraits, and period furnishings of historical

20 significance affecting the history of the Supreme

21 Court for the inspiration and benefit of the people

22 of the United States.

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

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

25 documents, and other data of the Supreme Court Histori-
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1 cal Society as may be related to the expenditures of

2 amounts paid under subsection (a).

3 SEC. 9. FINANCIAL ASSURANCES.

4 (a) NO NET COST TO THE GOVERNMENT.—The Sec5 retary shall take such actions as may be necessary to en6 sure that minting and issuing coins under this Act will

7 not result in any net cost to the United States Govern8 ment.

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

10 under this Act unless the Secretary has received—

11 (1) full payment for the coin;

12 (2) security satisfactory to the Secretary to in13 demnify the United States for full payment; or

14 (3) a guarantee of full payment satisfactory to

15 the Secretary from a depository institution whose

16 deposits are insured by the Federal Deposit Insur17 ance Corporation or the National Credit Union Ad18 ministration Board.

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