TITLE I—NATIONAL SITE 
QUARTER DOLLARS 
SEC. 101. FINDINGS. 
The Congress finds as follows: 
(1) Yellowstone National Park was established 
by an Act signed by President Ulysses S. Grant on 
March 1, 1872, as the Nation’s first national park. 
(2) The summer and autumn of 1890 saw the 
establishment of a number of national sites: 
(A) August 19: Chickamauga and Chat-
tanooga established as national military parks 
in Georgia and Tennessee. 
(B) August 30: Antietam established as a 
national battlefield site in Maryland. 
(C) September 25: Sequoia National Park 
established in California. 
(D) September 27: Rock Creek Park estab-
lished in the District of Columbia. 
(E) October 1: General Grant National 
Park established in California (and subse-
quently incorporated in Kings Canyon National 
Park). 
(F) October 1: Yosemite National Park es-
tablished in California. 
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(3) Theodore Roosevelt was this nation’s 26th 
President and is considered by many to be our 
‘‘Conservationist President’’. 
(4) As a frequent visitor to the West, Theodore 
Roosevelt witnessed the virtual destruction of some 
big game species and the overgrazing that destroyed 
the grasslands and with them the habitats for small 
mammals and songbirds and conservation increas-
ingly became one of his major concerns. 
(5) When he became President in 1901, Roo-
sevelt pursued this interest in conservation by estab-
lishing the first 51 Bird Reserves, 4 Game Pre-
serves, and 150 National Forests. 
(6) He also established the United States For-
est Service, signed into law the creation of 5 Na-
tional Parks, and signed the Act for the Preserva-
tion of American Antiquities in 1906 under which he 
proclaimed 18 national monuments. 
(7) Approximately 230,000,000 acres of area 
within the United States was placed under public 
protection by Theodore Roosevelt. 
(8) Theodore Roosevelt said that nothing short 
of defending this country in wartime ‘‘compares in 
importance with the great central task of leaving 
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this land even a better land for our descendants 
than it is for us’’. 
(9) The National Park Service was created by 
an Act signed by President Woodrow Wilson on Au-
gust 25, 1916. 
(10) The National Park System comprises 391 
areas covering more than 84,000,000 acres in every 
State (except Delaware), the District of Columbia, 
American Samoa, Guam, Puerto Rico, and the Vir-
gin Islands. 
(11) The sites or areas within the National 
Park System vary widely in size and type from vast 
natural wilderness to birthplaces of Presidents to 
world heritage archaeology sites to an African burial 
ground memorial in Manhattan and include national 
parks, monuments, battlefields, military parks, his-
torical parks, historic sites, lakeshores, seashores, 
recreation areas, scenic rivers and trails, and the 
White House. 
(12) In addition to the sites within the National 
Park System, the United States has placed numer-
ous other types of sites under various forms of con-
servancy, such as the national forests and sites with-
in the National Wildlife Refuge System and on the 
National Register of Historic Places. 
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SEC. 102. ISSUANCE OF REDESIGNED QUARTER DOLLARS 
EMBLEMATIC 
OF 
NATIONAL 
PARKS 
OR 
OTHER NATIONAL SITES IN EACH STATE, THE 
DISTRICT OF COLUMBIA, AND EACH TERRI-
TORY. 
Section 5112 of title 31, United States Code, is 
amended by adding at the end the following new sub-
section: 
‘‘(t) REDESIGN AND ISSUANCE OF QUARTER DOL-
LARS EMBLEMATIC OF NATIONAL SITES IN EACH STATE, 
THE DISTRICT OF COLUMBIA, AND EACH TERRITORY.— 
‘‘(1) REDESIGN BEGINNING UPON COMPLETION 
OF PRIOR PROGRAM.— 
‘‘(A) IN
GENERAL.—Notwithstanding the 
fourth sentence of subsection (d)(1) and sub-
section (d)(2), quarter dollars issued beginning 
in 2010 shall have designs on the reverse se-
lected in accordance with this subsection which 
are emblematic of the national sites in the 
States, the District of Columbia and the terri-
tories of the United States. 
‘‘(B) FLEXIBILITY
WITH
REGARD
TO 
PLACEMENT
OF
INSCRIPTIONS.—Notwith-
standing subsection (d)(1), the Secretary may 
select a design for quarter dollars referred to in 
subparagraph (A) in which— 
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‘‘(i) the inscription described in the 
second sentence of subsection (d)(1) ap-
pears on the reverse side of any such quar-
ter dollars; and 
‘‘(ii) any inscription described in the 
third sentence of subsection (d)(1) or the 
designation of the value of the coin ap-
pears on the obverse side of any such quar-
ter dollars. 
‘‘(C) INCLUSION OF DISTRICT OF COLUM-
BIA, AND TERRITORIES.—For purposes of this 
subsection, the term ‘State’ has the same mean-
ing as in section 3(a)(3) of the Federal Deposit 
Insurance Act. 
‘‘(2) SINGLE SITE IN EACH STATE.—The design 
on the reverse side of each quarter dollar issued dur-
ing the period of issuance under this subsection shall 
be emblematic of 1 national site in each State. 
‘‘(3) SELECTION OF SITE AND DESIGN.— 
‘‘(A) SITE.— 
‘‘(i) IN GENERAL.—The selection of a 
national park or other national site in each 
State to be honored with a coin under this 
subsection shall be made by the Secretary 
of the Treasury, after consultation with 
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the Secretary of the Interior and the gov-
ernor or other chief executive of each State 
with respect to which a coin is to be issued 
under this subsection, and after giving full 
and thoughtful consideration to national 
sites that are not under the jurisdiction of 
the Secretary of the Interior so that the 
national site chosen for each State shall be 
the most appropriate in terms of natural 
or historic significance. 
‘‘(ii) TIMING.—The selection process 
under clause (i) shall be completed before 
the end of the 270-day period beginning on 
the date of the enactment of the America’s 
Beautiful National Parks Quarter Dollar 
Coin Act of 2008. 
‘‘(B) DESIGN.—Each of the designs re-
quired under this subsection for quarter dollars 
shall be— 
‘‘(i) selected by the Secretary after 
consultation with— 
‘‘(I) the Secretary of the Interior; 
and 
‘‘(II) the Commission of Fine 
Arts; and 
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‘‘(ii) reviewed by the Citizens Coinage 
Advisory Committee. 
‘‘(C) SELECTION
AND
APPROVAL
PROC-
ESS.—Recommendations for site selections and 
designs for quarter dollars may be submitted in 
accordance with the site and design selection 
and approval process developed by the Sec-
retary in the sole discretion of the Secretary. 
‘‘(D) PARTICIPATION
IN
DESIGN.—The 
Secretary may include participation by officials 
of the State, artists from the State, engravers 
of the United States Mint, and members of the 
general public. 
‘‘(E) STANDARDS.—Because it is impor-
tant that the Nation’s coinage and currency 
bear dignified designs of which the citizens of 
the United States can be proud, the Secretary 
shall not select any frivolous or inappropriate 
design for any quarter dollar minted under this 
subsection. 
‘‘(F) PROHIBITION
ON
CERTAIN
REP-
RESENTATIONS.—No head and shoulders por-
trait or bust of any person, living or dead, no 
portrait of a living person, and no outline or 
map of a State may be included in the design 
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on the reverse of any quarter dollar under this 
subsection. 
‘‘(4) ISSUANCE OF COINS.— 
‘‘(A) ORDER OF ISSUANCE.—The quarter 
dollar coins issued under this subsection bear-
ing designs of national sites shall be issued in 
the order in which the sites selected under 
paragraph (3) were first established as a na-
tional site. 
‘‘(B) RATE
OF
ISSUANCE.—The quarter 
dollar coins bearing designs of national sites 
under this subsection shall be issued at the rate 
of 5 new designs during each year of the period 
of issuance under this subsection. 
‘‘(C) NUMBER OF EACH OF 5 COIN DE-
SIGNS IN EACH YEAR.—Of the quarter dollar 
coins issued during each year of the period of 
issuance, the Secretary of the Treasury shall 
prescribe, on the basis of such factors as the 
Secretary determines to be appropriate, the 
number of quarter dollars which shall be issued 
with each of the designs selected for such year. 
‘‘(5) TREATMENT AS NUMISMATIC ITEMS.—For 
purposes of sections 5134 and 5136, all coins mint-
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ed under this subsection shall be considered to be 
numismatic items. 
‘‘(6) ISSUANCE.— 
‘‘(A) QUALITY OF COINS.—The Secretary 
may mint and issue such number of quarter 
dollars of each design selected under paragraph 
(3) in uncirculated and proof qualities as the 
Secretary determines to be appropriate. 
‘‘(B) 
SILVER
COINS.—Notwithstanding 
subsection (b), the Secretary may mint and 
issue such number of quarter dollars of each 
design selected under paragraph (3) as the Sec-
retary determines to be appropriate, with a con-
tent of 90 percent silver and 10 percent copper. 
‘‘(7) PERIOD OF ISSUANCE.— 
‘‘(A) IN GENERAL.—Subject to paragraph 
(2), the program established under this sub-
section shall continue in effect until a national 
site in each State has been honored. 
‘‘(B) SECOND ROUND AT DISCRETION OF 
SECRETARY.— 
‘‘(i) DETERMINATION.—The Secretary 
may make a determination before the end 
of the 9-year period beginning when the 
first quarter dollar is issued under this 
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subsection to continue the period of 
issuance until a second national site in 
each State, the District of Columbia, and 
each territory referred to in this subsection 
has been honored with a design on a quar-
ter dollar. 
‘‘(ii) NOTICE
AND
REPORT.—Within 
30 days after making a determination 
under clause (i), the Secretary shall submit 
a written report on such determination to 
the Committee on Financial Services of the 
House of Representatives and the Com-
mittee on Banking, Housing, and Urban 
Affairs of the Senate. 
‘‘(iii) 
APPLICABILITY
OF
PROVI-
SIONS.—If the Secretary makes a deter-
mination under clause (i), the provisions of 
this subsection applicable to site and de-
sign selection and approval, the order, tim-
ing, and conditions of issuance shall apply 
in like manner as the initial issuance of 
quarter dollars under this subsection, ex-
cept that the issuance of quarter dollars 
pursuant to such determination bearing 
the first design shall commence in order 
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immediately following the last issuance of 
quarter dollars under the first round. 
‘‘(iv) 
CONTINUATION
UNTIL
ALL 
STATES ARE HONORED.—If the Secretary 
makes a determination under clause (i), 
the program under this subsection shall 
continue until a second site in each State 
has been so honored. 
‘‘(8) DESIGNS
AFTER
END
OF
PROGRAM.— 
Upon the completion of the coin program under this 
subsection, the design on— 
‘‘(A) the obverse of the quarter dollar shall 
revert to the same design containing an image 
of President Washington in effect for the quar-
ter dollar before the institution of the 50-State 
quarter dollar program; and 
‘‘(B) notwithstanding the fourth sentence 
of subsection (d)(1), the reverse of the quarter 
dollar shall contain an image of General Wash-
ington crossing the Delaware River prior to the 
Battle of Trenton. 
‘‘(9) NATIONAL
SITE.—For purposes of this 
subsection, the term ‘national site’ means any site 
under the supervision, management, or conservancy 
of the National Park Service, the United States For-
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est Service, the United States Fish and Wildlife 
Service, or any similar department or agency of the 
Federal Government, including any national park, 
national monument, national battlefield, national 
military park, national historical park, national his-
toric site, national lakeshore, seashore, recreation 
area, parkway, scenic river, or trail and any site in 
the National Wildlife Refuge System. 
‘‘(10) APPLICATION IN EVENT OF INDEPEND-
ENCE.—If any territory becomes independent or oth-
erwise ceases to be a territory or possession of the 
United States before quarter dollars bearing designs 
which are emblematic of such territory are minted 
pursuant to this subsection, this subsection shall 
cease to apply with respect to such territory.’’. 
TITLE II—BULLION INVESTMENT 
PRODUCTS 
SEC. 201. SILVER BULLION COIN. 
Section 5112 of title 31, United States Code, is 
amended by inserting after subsection (t) (as added by 
title I of this Act) the following new subsection: 
‘‘(u) SILVER BULLION INVESTMENT PRODUCT.— 
‘‘(1) IN GENERAL.—The Secretary shall strike 
and make available for sale such number of bullion 
coins as the Secretary determines to be appropriate 
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that are exact duplicates of the quarter dollars 
issued under subsection (t), each of which shall— 
‘‘(A) have a diameter of 3.0 inches and 
weigh 5.0 ounces; 
‘‘(B) contain .999 fine silver; 
‘‘(C) have incused into the edge the 
fineness and weight of the bullion coin; 
‘‘(D) bear an inscription of the denomina-
tion of such coin, which shall be ‘quarter dol-
lar’; and 
‘‘(E) not be minted or issued by the 
United States Mint as so-called ‘fractional’ bul-
lion coins or in any size other than the size de-
scribed in paragraph (A). 
‘‘(2) AVAILABILITY FOR SALE.—Bullion coins 
minted under paragraph (1)— 
‘‘(A) shall become available for sale no 
sooner than the first day of the calendar year 
in which the circulating quarter dollar of which 
such bullion coin is a duplicate is issued; and 
‘‘(B) may only be available for sale during 
the year in which such circulating quarter dol-
lar is issued. 
‘‘(3) DISTRIBUTION.— 
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‘‘(A) IN GENERAL.—In addition to the au-
thorized dealers utilized by the Secretary in dis-
tributing bullion coins and solely for purposes 
of distributing bullion coins issued under this 
subsection, the Director of the National Park 
Service, or the designee of the Director, may 
purchase numismatic items issued under this 
subsection, but only in units of no fewer than 
1,000 at a time, and the Director, or the Direc-
tor’s designee, may resell or repackage such nu-
mismatic items as the Director determines to be 
appropriate. 
‘‘(B) RESALE.—The Director of the Na-
tional Park Service, or the designee of the Di-
rector, may resell, at cost and without repack-
aging, numismatic items acquired by the Direc-
tor or such designee under subparagraph (A) to 
any party affiliated with any national site hon-
ored by a quarter dollar under subsection (t) 
for repackaging and resale by such party in the 
same manner and to the same extent as such 
party would be authorized to engage in such ac-
tivities under subparagraph (A) if the party 
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were acting as the designee of the Director 
under such subparagraph.’’. 
Æ 
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