SEC. 2. FINDINGS. 
The Congress finds that— 
(1) the National Future Farmers of America 
Organization makes a positive difference in the lives 
of students by developing their potential for leader-
ship, personal growth, and career success through 
agricultural education; 
(2) the National Future Farmers of America 
Organization was founded in 1928, as the ‘‘Future 
Farmers of America’’, to provide leadership training 
for high school students of vocational agriculture; 
(3) the National Future Farmers of America 
Organization created a national agricultural edu-
cation model for use in public school systems that 
has been adopted by youth leadership organizations 
throughout the world; 
(4) the National Future Farmers of America 
Organization prepares its student members to think 
critically, work in teams, and be successful in more 
than 300 careers relating to the science, business, 
and technology of agriculture; 
(5) approximately 9,000,000 living former 
members of the National Future Farmers of Amer-
ica Organization are prominent industry executives, 
members of Congress, community members, farmers, 
and productive United States citizens; 
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(6) in 2009, the National Future Farmers of 
America Organization had 507,763 members in 
more than 7,400 local chapters in all 50 States, 
Puerto Rico, and the United States Virgin Islands; 
(7) the Future Farmers of America was char-
tered by Congress in 1950, and continues to be an 
intra-curricular educational organization within pub-
lic school systems throughout the United States; and 
(8) October 2012 will mark the beginning of a 
year of celebration in honor of the 85th anniversary 
of the founding of the National Future Farmers of 
America Organization, which took place at the first 
national convention of the National Future Farmers 
of America Organization. 
SEC. 3. COIN SPECIFICATIONS. 
(a) DENOMINATIONS.—In commemoration of the Na-
tional Future Farmers of America Organization and the 
85th anniversary of the National Future Farmers of 
America Organization, the Secretary of the Treasury (in 
this Act referred to as the ‘‘Secretary’’) shall mint and 
issue— 
(1) not more than 100,000 gold coins, which 
shall— 
(A) weigh 8.359 grams; 
(B) have a diameter of 0.850 inches; and 
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(C) contain 90 percent gold and 10 percent 
alloy; and 
(2) not more than 500,000 silver coins, which 
shall— 
(A) weigh 26.7 grams; 
(B) have a diameter of 1.500 inches; and 
(C) contain 90 percent silver and 10 per-
cent 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 sections 
5134 and 5136 of title 31, United States Code, all coins 
minted under this Act shall be considered to be numis-
matic items. 
SEC. 4. DESIGN OF COINS. 
(a) DESIGN REQUIREMENTS.— 
(1) IN
GENERAL.—The design of the coins 
minted under this Act shall be emblematic of the 85- 
year history of the National Future Farmers of 
America Organization. 
(2) DESIGNATION
AND
INSCRIPTIONS.—On 
each coin minted under this Act, there shall be— 
(A) a designation of the value of the coin; 
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(B) inscriptions of the words ‘‘Liberty’’, 
‘‘In God We Trust’’, ‘‘United States of Amer-
ica’’, and ‘‘E Pluribus Unum’’; and 
(C) an inscription of the year 2012. 
(b) SELECTION.—The design for the coins minted 
under this Act shall be— 
(1) selected by the Secretary, after consultation 
with the National Future Farmers of America Orga-
nization and the Commission of Fine Arts; and 
(2) reviewed by the Citizens Coinage Advisory 
Committee. 
SEC. 5. ISSUANCE OF COINS. 
(a) QUALITY OF COINS.—Coins minted under this 
Act shall be issued in uncirculated and proof qualities. 
(b) PERIOD OF ISSUANCE.—The Secretary may issue 
coins under this Act only for the 1-year period beginning 
on January 1, 2012. 
SEC. 6. SALE OF COINS. 
(a) SALE PRICE.—The coins minted 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 section 7 with re-
spect to such coins; and 
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(3) the cost of designing and minting 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 minted 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.—Sale prices with respect to pre-
paid orders under paragraph (1) shall be at a rea-
sonable discount. 
SEC. 7. SURCHARGES. 
(a) IN GENERAL.—All sales of coins minted under 
this Act shall include a surcharge of $25 per gold coin 
and $10 per silver coin. 
(b) DISTRIBUTION.—Subject to section 5134(f) of 
title 31, United States Code, the Secretary shall pay all 
of the surcharges received by the Secretary from the sale 
of coins minted under this Act to the National Future 
Farmers of America Foundation in Indianapolis, Indiana, 
for the creation of an endowment to enhance and expand 
programs that encourage the development of leadership 
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skills, personal growth, and career success through agri-
cultural education and the Future Farmers of America. 
(c) AUDITS.—The Comptroller General of the United 
States is authorized to examine such books, records, docu-
ments, and other data of the organization described in 
subsection (b) as may be related to the expenditures of 
amounts paid under subsection (b). 
Æ 
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