TITLE I—SPECIFIC COINS
AUTHORIZED
SEC. 101. BICENTENNIAL OF UNITED STATES GOLD COIN-
AGE.
(a) DENOMINATION.—In commemoration of the bi-
centennial of United States gold coinage, the Secretary of
the Treasury (hereafter in this Act referred to as the ‘‘Sec-
retary’’) shall mint and issue not more than 25,000 10
dollar gold coins, which shall have such weight, diameter,
and contents as the Secretary determines to be appro-
priate.
(b) DESIGN REQUIREMENTS.—The design of the
coins minted under this section shall be emblematic of the
bicentennial of United States gold coinage.
(c) PERIOD
FOR ISSUANCE.—The Secretary may
mint coins under this section only during the 1-year period
ending on December 31, 1995.
SEC. 102. UNITED NATIONS AND HARRY S TRUMAN.
(a) DENOMINATIONS.—In commemoration of the
50th anniversary of the founding of the United Nations
and the role of President Harry S Truman in the founding
of the United Nations, the Secretary shall mint and issue
the following coins:
(1) $5 GOLD COINS.—Not more than 75,000 5
dollar coins, which shall—
(A) weigh 8.359 grams;
(B) have a diameter of 0.850 inches; and
(C) contain 90 percent gold and 10 percent
alloy.
(2) $1 SILVER COINS.—Not more than 350,000
1 dollar coins, which shall—
(A) weigh 26.73 grams;
(B) have a diameter of 1.500 inches; and
(C) contain 90 percent silver and 10 per-
cent copper.
(b) DESIGN REQUIREMENTS.—The design of the
coins minted under this section shall be emblematic of the
50th anniversary of the founding of the United Nations
and the role of President Harry S Truman in the founding
of the United Nations.
(c) PERIOD
FOR ISSUANCE.—The Secretary may
issue coins minted under this section only during the 1-
year period beginning on the date the 1st such coins are
issued in 1996.
(d) SURCHARGES.—All sales of coins issued under
this section shall include a surcharge of—
(1) $35 per coin for the $5 coin; and
(2) $10 per coin for the $1 coin.
(e) RECIPIENT ORGANIZATION.—All surcharges re-
ceived by the Secretary from the sale of coins issued under
this section shall be promptly distributed by the Secretary
as follows:
(1) 50 percent shall be paid to the Harry S
Truman Library Foundation for the purpose of sup-
porting and maintaining the Harry S Truman Li-
brary.
(2) 50 percent shall be paid to the United Na-
tions Association for the purpose of assisting with
educational activities, such as high school and col-
lege model United Nations’ programs and other
grassroots activities, that highlight the United Na-
tions and the role of the United States in that world
body.
SEC. 103. SMITHSONIAN INSTITUTION.
(a) DENOMINATIONS.—In commemoration of the ses-
quicentennial of the founding of the Smithsonian Institu-
tion, the Secretary shall mint and issue the following
coins:
(1) $5 GOLD COINS.—Not more than 100,000 5
dollar coins, which shall—
(A) weigh 8.359 grams;
(B) have a diameter of 0.850 inches; and
(C) contain 90 percent gold and 10 percent
alloy.
(2) $1 SILVER COINS.—Not more than 800,000
1 dollar coins, which shall—
(A) weigh 26.73 grams;
(B) have a diameter of 1.500 inches; and
(C) contain 90 percent silver and 10 per-
cent copper.
(b) DESIGN REQUIREMENTS.—
(1) IN
GENERAL.—The design of the coins
minted under this section shall be emblematic of the
scientific, educational, and cultural significance of
the Smithsonian Institution.
(2) ADDITIONAL INSCRIPTION.—In addition to
the inscriptions required under section 203(a), on
each coin minted under this section there shall be an
inscription of the following phrase from the original
bequest of James Smithson: ‘‘for the increase and
diffusion of knowledge’’.
(c) PERIOD
FOR ISSUANCE.—The Secretary may
issue coins minted under this section only during the pe-
riod beginning on August 1, 1996, and ending on July
31, 1997.
(d) SURCHARGES.—All sales of coins issued under
this section shall include a surcharge of—
(1) $35 per coin for the $5 coin; and
(2) $10 per coin for the $1 coin.
(e) RECIPIENT ORGANIZATION.—All surcharges re-
ceived by the Secretary from the sale of coins issued under
this section shall be promptly paid by the Secretary to the
Smithsonian Institution for the purpose of supporting the
National Numismatic Collection at the National Museum
of American History.
SEC. 104. FRANKLIN DELANO ROOSEVELT.
(a) DENOMINATION.—In commemoration of the pub-
lic opening of the Franklin Delano Roosevelt Memorial in
Washington, DC, which will honor President Roosevelt’s
leadership and legacy in shaping life in the United States
as we know it today, the Secretary shall mint and issue
not more than 100,000 5 dollar coins, which shall—
(1) weigh 8.359 grams;
(2) have a diameter of 0.850 inches; and
(3) contain 90 percent gold and 10 percent
alloy.
(b) DESIGN REQUIREMENTS.—The design of the
coins minted under this section shall be emblematic of the
leadership and legacy of Franklin Delano Roosevelt.
(c) PERIOD
FOR ISSUANCE.—The Secretary may
issue coins minted under this section only during the pe-
riod beginning on January 1, 1997, and ending on Decem-
ber 31, 1997.
(d) SURCHARGES.—All sales of coins issued under
this section shall include a surcharge of $35 per coin.
(e) RECIPIENT ORGANIZATION.—All surcharges re-
ceived by the Secretary from the sale of coins issued under
this section shall be promptly paid by the Secretary to the
Franklin Delano Roosevelt Memorial Commission for the
purpose of supporting and maintaining the Franklin Dela-
no Roosevelt Memorial.
SEC. 105. YELLOWSTONE NATIONAL PARK.
(a) DENOMINATION.—In commemoration of the
125th anniversary of the establishment of the 1st national
park in the United States, Yellowstone National Park, and
the birth of the concept of a national park, the Secretary
shall mint and issue not more than 500,000 1 dollar 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) DESIGN REQUIREMENTS.—The design of the
coins minted under this section shall be emblematic of the
125th anniversary of the establishment of the 1st national
park in the United States, Yellowstone National Park.
(c) PERIOD
FOR ISSUANCE.—The Secretary may
issue coins minted under this section only during the pe-
riod beginning on January 1, 1997, and ending on Decem-
ber 31, 1997.
(d) SURCHARGES.—All sales of coins issued under
this section shall include a surcharge of $10 per coin.
(e) RECIPIENT ORGANIZATIONS.—All surcharges re-
ceived by the Secretary from the sale of coins issued under
this section shall be promptly distributed by the Secretary
as follows:
(1) 50 percent shall be paid to the National
Park Foundation for the purpose of supporting na-
tional parks.
(2) 50 percent shall be paid to the Yellowstone
National Park for the purpose of supporting Yellow-
stone National Park.
SEC. 106. NATIONAL LAW ENFORCEMENT OFFICERS MEMO-
RIAL.
(a) DENOMINATION.—In commemoration of the sac-
rifices of law enforcement officers and their families in
preserving public safety, the Secretary shall mint and
issue not more than 500,000 1 dollar 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.
TITLE II—GENERAL PROVISIONS
SEC. 201. GENERAL SPECIFICATIONS.
(a) LEGAL TENDER.—The coins minted under this
Act shall be legal tender, as provided in section 5103 of
title 31, United States Code.
(b) 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.
(c) RECIPIENT ORGANIZATION DEFINED.—For pur-
poses of this Act, the term ‘‘recipient organization’’
means, with respect to any coins issued under any section
of title I (other than section 101), the organization des-
ignated, under subsection (e) of such section, as the recipi-
ent of surcharges from the sale of such coins.
SEC. 202. 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 other provisions of law.
(b) SILVER.—The Secretary shall obtain silver for
minting coins under this Act only from stockpiles estab-
lished under the Strategic and Critical Materials Stock
Piling Act.
SEC. 203. DESIGN OF COINS.
(a) DESIGNATION AND INSCRIPTIONS.—On each coin
minted under this Act there shall be—
(1) a designation of the value of the coin;
(2) an inscription of the year of issuance of the
coin (or, in the case of coins issued in more than 1
year, the 1st year of issuance); and
(3) inscriptions of the words ‘‘Liberty’’, ‘‘In
God We Trust’’, ‘‘United States of America’’, and
‘‘E Pluribus Unum’’.
(b) SELECTION.—The design for the coins minted
under any section of title I shall be—
(1) selected by the Secretary after consultation
with each recipient organization with respect to such
coins and the Commission of Fine Arts; and
(2) reviewed by the Citizens Commemorative
Coin Advisory Committee.
SEC. 204. ISSUANCE OF COINS.
(a) QUALITY OF COINS.—Coins minted under this
Act shall be issued in uncirculated and proof qualities.
(b) MINT FACILITY.—Only 1 facility of the United
States Mint may be used to strike any particular combina-
tion of denomination and quality of the coins minted under
this Act.
SEC. 205. 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 under the appro-
priate section of title I with respect to each such
coin; 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.—Sale prices with respect to pre-
paid orders under paragraph (1) shall be at a rea-
sonable discount.
SEC. 206. 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. 207. AUDITS OF SURCHARGES.
The Comptroller General of the United States shall
have the right to examine such books, records, documents,
and other data of each recipient organization with respect
to coins issued under this Act as may be related to the
expenditures of amounts paid to such organization by the
Secretary of the Treasury under title I.
SEC. 208. 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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