I 
110TH CONGRESS 
1ST SESSION H. R. 1801 
To award a Congressional Gold Medal to Dr. Muhammad Yunus, in 
recognition of his contributions to the fight against global poverty. 
IN THE HOUSE OF REPRESENTATIVES 
MARCH 29, 2007 
Mr. HOLT (for himself and Mr. CARTER) introduced the following bill; which 
was referred to the Committee on Financial Services 
A BILL 
To award a Congressional Gold Medal to Dr. Muhammad 
Yunus, in recognition of his contributions to the fight 
against global poverty. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. FINDINGS. 
The Congress finds that— 
(1) Dr. Muhammad Yunus is recognized in the 
United States and throughout the world as a leading 
figure in the fight against poverty and the effort to 
promote economic and social change; 
(2) Muhammad Yunus is the recognized devel-
oper of the concept of microcredit, and Grameen 
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Bank, which he founded, has created a model of 
lending that has been emulated across the globe; 
(3) Muhammad Yunus launched this global 
movement to create economic and social development 
from below, beginning in 1976, with a loan of $27 
from his own pocket to 42 crafts persons in a small 
village in Bangladesh; 
(4) Muhammad Yunus has demonstrated the 
life-changing potential of extending very small loans 
(at competitive interest rates) to the very poor and 
the economic feasibility of microcredit and other 
microfinance and microenterprise practices and serv-
ices; 
(5) Dr. Yunus’s work has had a particularly 
strong impact on improving the economic prospects 
of women, and on their families, as over 95 percent 
of microcredit borrowers are women; 
(6) Dr. Yunus has pioneered a movement with 
the potential to assist a significant number of the 
more than 1,000,000,000 people, mostly women and 
children, who live on less than $1 a day, and the 
nearly 3,000,000,000 people who live on less than 
$2 a day, and which has already reached 
125,000,000 households, by one estimate; 
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(7) there are now an estimated 21,000,000 
microentrepreneurs in the United States (accounting 
for approximately 16 percent of private (nonfarm) 
employment in the United States), and the Small 
Business 
Administration 
has 
made 
over 
$318,000,000 in microloans to entrepreneurs since 
1992; 
(8) Dr. Yunus, along with the Grameen Bank, 
was awarded the Nobel Peace Prize in 2006 for his 
efforts to promote economic and social opportunity 
and out of recognition that lasting peace cannot be 
achieved unless large population groups find the 
means, such as microcredit, to break out of poverty; 
and 
(9) the microcredit ideas developed and put into 
practice by Muhammad Yunus, along with other 
bold initiatives, can make a historical breakthrough 
in the fight against poverty. 
SEC. 2. CONGRESSIONAL GOLD MEDAL. 
(a) PRESENTATION AUTHORIZED.—The Speaker of 
the House of Representatives and the President pro tem-
pore of the Senate shall make appropriate arrangements 
for the presentation, on behalf of the Congress, of a gold 
medal of appropriate design to Dr. Muhammad Yunus, in 
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recognition of his many enduring contributions to the fight 
against global poverty. 
(b) DESIGN AND STRIKING.—For purposes of the 
presentation referred to in subsection (a), the Secretary 
of the Treasury (hereafter in this Act referred to as the 
‘‘Secretary’’) shall strike a gold medal with suitable em-
blems, devices, and inscriptions, to be determined by the 
Secretary. 
SEC. 3. DUPLICATE MEDALS. 
The Secretary may strike and sell duplicates in 
bronze of the gold medal struck pursuant to section 2, 
under such regulations as the Secretary may prescribe, at 
a price sufficient to cover the cost thereof, including labor, 
materials, dies, use of machinery, and overhead expenses, 
and the cost of the gold medal. 
SEC. 4. STATUS OF MEDALS. 
(a) NATIONAL MEDALS.—The medals struck pursu-
ant to this Act are national medals for purposes of chapter 
51 of title 31, United States Code. 
(b) NUMISMATIC ITEMS.—For purposes of sections 
5134 and 5136 of title 31, United States Code, all medals 
struck under this Act shall be considered to be numismatic 
items. 
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SEC. 5. AUTHORITY TO USE FUND AMOUNTS; PROCEEDS OF 
SALE. 
(a) AUTHORITY TO USE FUND AMOUNTS.—There 
are authorized to be charged against the United States 
Mint Public Enterprise Fund, such amounts as may be 
necessary to pay for the costs of the medals struck pursu-
ant to this Act. 
(b) PROCEEDS OF SALE.—Amounts received from the 
sale of duplicate bronze medals authorized under section 
3 shall be deposited into the United States Mint Public 
Enterprise Fund. 
Æ 
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