(11) The continued caring and concern of the 
American people and the further restoration and 
protection of the bald eagle and its habitat is nec-
essary to guarantee the full recovery and survival of 
this precious national treasure for future genera-
tions. 
(12) Since the Endangered Species Act of 1973 
requires that delisted species be administratively 
monitored for a 5-year period, the bald eagle nests 
in 49 States will require continual monitoring after 
the bald eagle is removed from the protection of 
such Act; and such efforts will require substantial 
funding to the Federal and State agencies and pri-
vate organizations that will conduct such monitoring. 
(13) Due to Federal and State budget cutting 
and balancing trends, funding for on-going bald 
eagle care, restoration, monitoring, protection, and 
enhancement programs has diminished annually. 
(14) In anticipation of the nationwide observ-
ance of the official removal, by 2008, of the bald 
eagle from the ‘‘threatened’’ species list under the 
Endangered Species Act of 1973, and the 35th anni-
versary, in 2008, of the Endangered Species Act of 
1973 and the designation of the bald eagle as an 
‘‘endangered’’ species under such Act, Congress
wishes to offer the opportunity for all persons to vol-
untarily participate in raising funds for future bald 
eagle recovery, monitoring, and preservation efforts 
and to contribute to a special American Eagle Fund 
endowment managed by the not-for-profit American 
Eagle Foundation of Tennessee in the United 
States, in cooperation with fund management ex-
perts. 
(15) It is appropriate for Congress to authorize 
coins— 
(A) celebrating the recovery and restora-
tion of the bald eagle, the living symbol of free-
dom in the United States, to America’s lands, 
waterways, and skies; 
(B) commemorating the removal of the 
bald eagle from the ‘‘endangered’’ and ‘‘threat-
ened’’ species lists under the Endangered Spe-
cies Act of 1973; and 
(C) commemorating the 35th anniversary 
of the enactment of the Endangered Species 
Act of 1973 and the designation of the bald 
eagle as an ‘‘endangered’’ species under such 
Act.
SEC. 3. COIN SPECIFICATIONS. 
(a) DENOMINATIONS.—In celebration of the recovery 
of the bald eagle, the national living symbol of freedom, 
to America’s lands, waterways, and skies and in com-
memoration of the 35th anniversary of the enactment of 
the Endangered Species Act of 1973 and the placement 
of the bald eagle on the endangered species list under such 
Act, the Secretary of the Treasury (hereafter in this Act 
referred to as the ‘‘Secretary’’) shall mint and issue the 
following coins: 
(1) $5 GOLD COINS.—Not more than 100,000 
$5 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 500,000 
$1 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. 
(3) HALF
DOLLAR
CLAD
COINS.—Not more 
than 750,000 half dollar coins which shall— 
(A) weigh 11.34 grams; 
(B) have a diameter of 1.205 inches; and
(C) be minted to the specifications for half 
dollar coins contained in section 5112(b) of title 
31, United States Code. 
(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 
bald eagle and its history, natural biology, and na-
tional symbolism. 
(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 the year ‘‘2008’’; and 
(C) inscriptions of the words ‘‘Liberty’’, 
‘‘In God We Trust’’, ‘‘United States of Amer-
ica’’, and ‘‘E Pluribus Unum’’. 
(b) SELECTION.—The design for the coins minted 
under this Act shall be—
(1) selected by the Secretary after consultation 
with the Commission of Fine Arts, and the Amer-
ican Eagle Foundation of Tennessee in the United 
States; 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) MINT FACILITY.—Only 1 facility of the United 
States Mint may be used to strike any particular quality 
of the coins minted under this Act. 
(c) PERIOD
FOR ISSUANCE.—The Secretary may 
issue coins minted under this Act only during the 1-year 
period beginning on January 1, 2008. 
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 section 7(a) 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.—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 as follows: 
(1) A surcharge of $35 per coin for the $5 coin. 
(2) A surcharge of $10 per coin for the $1 coin. 
(3) A surcharge of $3 per coin for the half dol-
lar coin. 
(b) DISTRIBUTION.—Subject to section 5134(f) of 
title 31, United States Code, all surcharges received by 
the Secretary from the sale of coins issued under this Act 
shall be promptly paid by the Secretary to the American 
Eagle Foundation of Tennessee in the United States for 
use solely for the following purposes: 
(1) To establish an interest-bearing endowment 
called the American Eagle Fund as a permanent
source of support for the care, monitoring, mainte-
nance, and recovery of the bald eagle and its habitat 
in the United States, including the following: 
(A) Public education activities and events. 
(B) Habitat purchases and cooperative 
land agreements. 
(C) Raptor rehabilitation and captive 
breeding and hacking. 
(D) Behavior and migration research and 
wintering migration counts. 
(E) Facilitate the enforcement of laws pro-
tecting the bald eagle. 
(F) Nest-watch monitoring and eaglet 
banding. 
(G) Public viewing areas and visitor cen-
ters. 
(2) To make annual grants, in an amount not 
to exceed 10 percent of the annual income of the 
American Eagle Fund, to Federal, State, and pri-
vate eagle restoration, protection, and enhancement 
projects within the 5 bald eagle recovery regions es-
tablished by the United States Fish and Wildlife 
Service, in accordance with recommendations made 
by an advisory committee of recognized eagle experts 
which the Foundation shall establish.
(3) To administer the American Eagle Fund, 
including contracting for necessary services, in an 
annual amount not to exceed the lesser of— 
(A) 10 percent of the annual income of the 
American Eagle Fund; or 
(B) $250,000. 
(4) To provide financial support for capital 
projects related to the restoration and protection of 
bald eagles in Tennessee and in the United States, 
in general. 
(5) To provide financial support for the con-
tinuation and expansion of the efforts of the Amer-
ican Eagle Foundation of Tennessee in the United 
States to educate the American people nationally 
about the livelihood, symbolism, and protection of 
the bald eagle, the national symbol of the United 
States, through the dissemination of information re-
garding bald eagles and their habitat at special 
events and through the media (including news-
papers, magazines, radio, television, the Internet, 
and billboards). 
(c) AUDITS.—The American Eagle Foundation of 
Tennessee in the United States and the American Eagle 
Fund shall be subject to the audit requirements of section 
5134(f)(2) of title 31, United States Code, with regard
to the amounts received by the Foundation or the Fund 
under subsection (b). 
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