I
103D CONGRESS
1ST SESSION
H. R. 1697
To require the Secretary of the Treasury to mint coins in commemoration
of the Women in Military Service for America Memorial.
IN THE HOUSE OF REPRESENTATIVES
APRIL 5, 1993
Mr. MONTGOMERY (for himself and Mr. GONZALEZ) introduced the following
bill; which was referred to the Committee on Banking, Finance and
Urban Affairs
A BILL
To require the Secretary of the Treasury to mint coins
in commemoration of the Women in Military Service
for America Memorial.
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 ‘‘Women in Military
Service for America Memorial Commemorative Coin Act’’.
SEC. 2. COIN SPECIFICATIONS.
(a) FIVE DOLLAR GOLD COINS.—
(1) ISSUANCE.—The Secretary of the Treasury
(hereafter in this Act referred to as the ‘‘Secretary’’)
shall issue not more than 50,000 $5 gold coins each
of which shall weigh 8.359 grams, have a diameter
of 0.850 inches, and be composed of 90 percent gold
and 10 percent alloy.
(2) DESIGN.—The design of the coins issued
under paragraph (1) shall be symbolic of women’s
service in the Armed Forces of the United States.
On each such coin there shall be a designation of the
value of the coin, an inscription of the year ‘‘1993’’,
and inscriptions of the words ‘‘Liberty’’, ‘‘In God
We Trust’’, ‘‘United States of America’’, and ‘‘E
Pluribus Unum’’.
(b) ONE DOLLAR SILVER COINS.—
(1) ISSUANCE.—The Secretary shall issue not
more than 500,000 $1 silver coins, each of which
shall weigh 26.73 grams, have a diameter of 1.500
inches, and be composed of 90 percent silver and 10
percent copper.
(2) DESIGN.—The design of the coins issued
under paragraph (1) shall be symbolic of women’s
service in the Armed Forces of the United States.
On each such coin there shall be a designation of the
value of the coin, an inscription of the year ‘‘1993’’,
and inscriptions of the words ‘‘Liberty’’, ‘‘In God
We Trust’’, ‘‘United States of America’’, and ‘‘E
Pluribus Unum’’.
(c) LEGAL TENDER.—The coins issued under this
Act shall be legal tender as provided in section 5103 of
title 31, United States Code.
(d) NUMISMATIC ITEMS.—The coins issued under
this Act shall be numismatic items for purposes of section
5134 of title 31, United States Code.
SEC. 3. SOURCES OF BULLION.
(a) GOLD.—The Secretary shall obtain gold for mint-
ing coins under this Act pursuant to the authority of the
Secretary under existing law.
(b) SILVER.—The Secretary shall obtain silver for the
coins minted under this Act from stockpiles established
under the Strategic and Critical Minerals Stock Piling
Act.
SEC. 4. SELECTION OF DESIGN.
(a) IN GENERAL.—The design for the coins author-
ized by this Act shall be selected by the Secretary after
consultation with the Commission of Fine Arts and the
Women in Military Service for America Memorial Founda-
tion, Incorporated.
(b) REVIEW BY CITIZENS COMMEMORATIVE DESIGN
COMMITTEE.—The design for the coins authorized by this
Act shall be reviewed by the Citizens Commemorative Ad-
visory Committee in accordance with section 5135 of title
31, United States Code.
SEC. 5. ISSUANCE OF THE COINS.
(a) PERIOD
FOR ISSUANCE.—The Secretary may
issue coins minted under this Act during the period begin-
ning on November 1, 1993, and ending on December 31,
1994.
(b) QUALITY OF COINS.—The coins minted under
this Act shall be issued in uncirculated and proof qualities.
(c) MINT FACILITY.—Not more than 1 facility of the
United States Mint may be used to strike any particular
combination of denomination and quality of the coins
minted under this Act.
SEC. 6. SALE OF COINS.
(a) SALES PRICE.—The coins issued under this Act
shall be sold by the Secretary at a price not less than the
sum of the face value of the coins, the surcharge provided
in subsection (c) with respect to such coins, and the cost
of designing and issuing the coins (including labor, mate-
rials, dies, use of machinery, overhead expenses, market-
ing, and shipping).
(b) PREPAID ORDERS AT A DISCOUNT.—The Sec-
retary shall accept prepaid orders for the coins prior to
the issuance of such coins. Sales under this subsection
shall be at a reasonable discount.
(c) SURCHARGE REQUIRED.—All sales shall include
a surcharge of $40 per coin for the $5 coins and $11 per
coin for the $1 coins.
SEC. 7. GENERAL WAIVER OF PROCUREMENT REGULA-
TIONS.
(a) IN GENERAL.—No provision of law governing
procurement or public contracts shall be applicable to the
procurement of goods or 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.
The total surcharges received by the Secretary from
the sale of the coins issued under this Act shall be prompt-
ly paid by the Secretary to the Women in Military Service
for America Memorial Foundation, Inc., for the purpose
of creating, endowing, and dedicating the Women in Mili-
tary Service for America Memorial.
SEC. 9. AUDITS.
The Comptroller General shall have the right to ex-
amine such books, records, documents, and other data of
the Women in Military Service for America Memorial
Foundation, Inc., as may be related to the expenditure of
amounts paid under section 8.
SEC. 10. FINANCIAL ASSURANCES.
(a) NO NET COST TO THE GOVERNMENT.—The Sec-
retary shall take such actions as may be necessary to en-
sure that the minting and issuance of the coins referred
to in section 2 will not result in any net cost to the Federal
Government.
(b) PAYMENT FOR ISSUANCE OF COINS.—No coin
shall be issued under this Act unless the Secretary has
received—
(1) full payment for such coin;
(2) security satisfactory to the Secretary to in-
demnify the United States for full payment for such
coin; 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
Administration.
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