I
105TH CONGRESS
2D SESSION
H. R. 4199
To authorize the Secretary of the Treasury to mint and issue coins in
commemoration of Laurie Beechman and her battle against ovarian cancer.
IN THE HOUSE OF REPRESENTATIVES
JULY 14, 1998
Mr. FOX introduced the following bill; which was referred to the Committee
on Banking and Financial Services
A BILL
To authorize the Secretary of the Treasury to mint and
issue coins in commemoration of Laurie Beechman and
her battle against ovarian cancer.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ‘‘Laurie Beechman
Ovarian Cancer Commemorative Coin Act’’.
SEC. 2. COIN SPECIFICATIONS.
(a) $1 SILVER COINS.—The Secretary of the Treas-
ury (in this Act referred to as the ‘‘Secretary’’) shall mint
and issue not more than 350,000 $1 coins, 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 section
5134 of title 31, United States Code, all coins minted
under this Act shall be considered to be numismatic items.
SEC. 3. SOURCES OF BULLION.
The Secretary shall obtain silver for minting coins
under this Act only from stockpiles established under the
Strategic and Critical Materials Stock Piling Act.
SEC. 4. DESIGN OF COINS.
(a) DESIGN REQUIREMENTS.—
(1) IN
GENERAL.—The design of the coins
minted under this Act shall be emblematic of Laurie
Beechman, her struggle against ovarian cancer, and
her many accomplishments throughout her extraor-
dinary life.
(2) DESIGNATION
AND
INSCRIPTIONS.—On
each coin minted under this Act there shall be—
(A) a designation of the value of the coin;
(B) an inscription of ‘‘1954–1998’’; and
SEC. 6. SALE OF COINS.
(a) SALE PRICE.—The coins issued under this Act
shall be sold by the Secretary at a price equal to the sum
of—
(1) the face value of the coins;
(2) the surcharge provided in subsection (d)
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.—Prices with respect to prepaid
orders under paragraph (1) shall be at a reasonable
discount.
(d) SURCHARGES.—All sales shall include a sur-
charge of $9 per coin.
SEC. 7. GENERAL WAIVER OF PROCUREMENT REGULA-
TIONS.
(a) IN GENERAL.—Except as provided in subsection
(b), no provision 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 Act.
(b) EQUAL
EMPLOYMENT
OPPORTUNITY.—Sub-
section (a) shall not relieve any person entering into a con-
tract under the authority of this Act from complying with
any law relating to equal employment opportunity.
SEC. 8. DISTRIBUTION OF SURCHARGES.
(a) IN GENERAL.—All surcharges received by the
Secretary from the sale of coins issued under this Act shall
be promptly paid by the Secretary to Gilda’s Club, Incor-
porated, for purposes relating to the battle against ovarian
cancer.
(b) AUDITS.—The Comptroller General of the United
States shall have the right to examine such books, records,
documents, and other data of Gilda’s Club, Incorporated,
as may be related to the expenditures of amounts paid
under subsection (a).
SEC. 9. FINANCIAL ASSURANCES.
(a) NO NET COST TO THE GOVERNMENT.—The Sec-
retary shall take such actions as may be necessary to en-
sure that minting and issuing coins under this Act will
not result in any net cost to the United States Govern-
ment.
(b) PAYMENT FOR COINS.—A coin shall not be issued
under this Act unless the Secretary has received—
(1) full payment for the coin;
(2) security satisfactory to the Secretary to in-
demnify 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 Insur-
ance Corporation or the National Credit Union Ad-
ministration Board.
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