H. R. 3616—8
1-year period beginning on the last day on which sales of such
coins may be made.
SEC. 303. GAO REPORTS TO CONGRESS.
Before the end of the 1-year period beginning on the last
day on which sales of commemorative coins may be made under
the Act of Congress which authorized such coins, the Comptroller
General of the United States shall submit a financial accounting
statement to the Congress on the payment of any surcharges derived
from the sale of such coins and the use and expenditure of the
proceeds of such surcharges by any recipient (other than a recipient
which is an agency or department of the Federal Government)
based on the reports filed by such recipient with the Comptroller
General in accordance with section 302 and any audit of such
recipient which is conducted by the Comptroller General with
respect to the use and expenditure of such proceeds.
TITLE IV—BICENTENNIAL OF THE UNIT-
ED STATES CAPITOL COMMEMORA-
TIVE COIN ACT
SEC. 401. SHORT TITLE.
This title may be cited as the ‘‘Bicentennial of the United
States Capitol Commemorative Coin Act’’.
SEC. 402. SPECIFICATIONS OF COINS.
(a) ONE-DOLLAR SILVER COINS.—
(1) ISSUANCE.—The Secretary of the Treasury (hereinafter
in this title referred to as the ‘‘Secretary’’) shall mint and
issue not more than 500,000 one-dollar coins each of which
shall—
(A) weigh 26.73 grams;
(B) have a diameter of 1.500 inches; and
(C) be composed of 90 percent silver and 10 percent
copper.
(2) DESIGN.—The design of the one-dollar coins shall, in
accordance with section 404, be emblematic of the bicentennial
of the United States Capitol. Each one-dollar coin shall bear
a designation of the value of the coin, an inscription of the
year ‘‘1994’’, and inscriptions of the words ‘‘Liberty’’, ‘‘In God
We Trust’’, ‘‘United States of America’’, and ‘‘E Pluribus Unum’’.
(b) LEGAL TENDER.—The coins minted under this title shall
be legal tender as provided in section 5103 of title 31, United
States Code.
(c) NUMISMATIC ITEMS.—For purposes of section 5132(a)(1) of
title 31, United States Code, all coins minted under this title
shall be considered to be numismatic items.
SEC. 403. SOURCES OF BULLION.
The Secretary shall obtain silver for minting coins under this
title only from stockpiles established under the Strategic and Criti-
cal Minerals Stock Piling Act.
SEC. 404. DESIGN OF COINS.
The design for the coin authorized by this title shall be selected
by the Secretary after consultation with the Speaker of the House
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H. R. 3616—9
of Representatives, the President pro tempore of the Senate, and
the Commission of Fine Arts.
SEC. 405. ISSUANCE OF COINS.
(a) ONE-DOLLAR COINS.—The one-dollar coins minted under
this title may be issued in uncirculated and proof qualities, except
that not more than 1 facility of the United States Mint may be
used to strike any particular quality.
(b) COMMENCEMENT OF ISSUANCE.—The Secretary may issue
the coins minted under this title beginning May 1, 1994.
(c) TERMINATION
OF AUTHORITY.—Coins may not be minted
under this title after April 30, 1995.
(d) CONTRACTS.—Any contract to be made by the Secretary
involving the promotion, advertising, or marketing of any coins
authorized under this title shall be valid only upon approval by
the United States Capitol Preservation Commission.
SEC. 406. SALE OF COINS.
(a) IN GENERAL.—Notwithstanding any other provision of law,
the Secretary shall sell the coins minted under this title at a
price equal to the face value, plus the cost of designing and issuing
the coins (including labor, materials, dies, use of machinery, and
overhead expenses).
(b) BULK SALES.—The Secretary shall make any bulk sales
of the coins minted under this title at a reasonable discount.
(c) PREPAID ORDERS.—The Secretary shall accept prepaid orders
for the coins minted under this title prior to the issuance of such
coins. Sale prices with respect to such prepaid orders shall be
at a reasonable discount.
(d) SURCHARGES.—All sales of coins minted under this title
shall include a surcharge of $15 per coin.
SEC. 407. FINANCIAL ASSURANCES.
(a) NO NET COST TO THE GOVERNMENT.—The Secretary shall
take such actions as may be necessary to ensure that minting
and issuing coins under this title will not result in any net cost
to the United States Government.
(b) PAYMENT FOR COINS.—A coin shall not be issued under
this title unless the Secretary has received—
(1) full payment for the coin;
(2) security satisfactory to the Secretary to indemnify the
United States for full payment; or
(3) a guarantee of full payment satisfactory to the Secretary
from a depository institution whose deposits are insured by
the Federal Deposit Insurance Corporation or the National
Credit Union Administration Board.
SEC. 408. USE OF SURCHARGES.
(a) USE
OF SURCHARGES.—All surcharges that are received
by the Secretary from the sale of coins minted under this title
shall be deposited in the Capitol Preservation Fund and be available
to the United States Capitol Preservation Commission.
(b) TECHNICAL AMENDMENT.—Section 8(b)(1) of Public Law 100–
673 is amended to read as follows:
‘‘(2) 
LIMITATIONS
ON
REIMBURSEMENTS.—No 
amount
received by the Commission from the Capitol Preservation Fund
from the sale of coins minted under this Act may be used
to pay representational expenses of the Commission.’’.
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H. R. 3616—10
SEC. 409. GENERAL WAIVER OF PROCUREMENT REGULATIONS.
(a) IN GENERAL.—Except as provided in subsection (b), no provi-
sion of law governing procurement or public contracts shall be
applicable to the procurement of goods and services necessary for
carrying out the provisions of this title.
(b) EQUAL EMPLOYMENT OPPORTUNITY.—Subsection (a) shall
not relieve any person entering into a contract under the authority
of this title from complying with any law relating to equal employ-
ment opportunity.
Speaker of the House of Representatives.
Vice President of the United States and
President of the Senate.
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