I
103D CONGRESS
1ST SESSION
H. R. 3349
To require the Secretary of the Treasury to mint and issue coins in
commemoration of the 25th Anniversary of the first lunar landing.
IN THE HOUSE OF REPRESENTATIVES
OCTOBER 22, 1993
Mr. OXLEY 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 and issue
coins in commemoration of the 25th Anniversary of the
first lunar landing.
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 ‘‘First Lunar Landing
Anniversary Commemorative Coin Act’’.
SEC. 2. FIRST LUNAR LANDING COMMEMORATIVE COIN.
The Secretary of the Treasury (in this Act referred
to as the ‘‘Secretary’’) shall mint and issue coins in ac-
cordance with this Act to commemorate the 25th Anniver-
sary of the first lunar landing.
SEC. 3. COIN SPECIFICATIONS.
(a) ISSUANCE.—The Secretary of the Treasury shall
mint and issue not more than 500,000 1-dollar coins, each
of 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.—
(1) REQUIREMENTS.—The design of the coins
issued under subsection (A) shall be emblematic of
the first lunar landing and shall include—
(A) a designation of the value of the coin;
(B) an inscription of the year ‘‘1994’’; and
(C) inscriptions of the words—
(i) ‘‘Liberty’’;
(ii) ‘‘In God We Trust’’;
(iii) ‘‘United States of America’’; and
(iv) ‘‘E Pluribus Unum’’.
(2) SELECTION OF DESIGN.—The design of the
coins minted under this Act shall be—
(A) selected by the Secretary after con-
sultation with the Administrator of the Na-
tional Aeronautics and Space Administration;
and
(B) reviewed by the Citizens Commemora-
tive Coin Advisory Committee in accordance
with section 5134 of title 31, United States
Code.
(c) LEGAL TENDER.—The coins minted under this
Act shall be legal tender as provided in section 5103 of
title 31, United States Code.
SEC. 4. SOURCES OF BULLION.
The Secretary shall obtain silver for the coins minted
under this Act from stockpiles established under the Stra-
tegic and Critical Minerals Stock Piling Act (50 U.S.C.
98 et seq.).
SEC. 5. ISSUANCE OF COINS.
(a) COMMENCEMENT OF ISSUANCE.—The Secretary
may issue the coins minted under this Act beginning on
January 1, 1994.
(b) TERMINATION OF AUTHORITY.—Coins may not
be minted under this Act after December 31, 1994.
(c) QUALITY OF COINS.—The coins minted under
this Act shall be issued in uncirculated and proof qualities.
(d) MINT FACILITY.—Only 1 facility of the United
States Mint may be used to strike any particular quality
of coins minted under this Act.
SEC. 6. SALE OF COINS.
(a) SALE PRICE.—The Secretary shall sell the coins
minted under this Act at as price equal to the face value
plus the cost of designing, minting, and issuing the coins
(including labor, materials, dies, use of machinery, over-
head expenses, marketing, and shipping) and the sur-
charge provided in subsection (d).
(b) BULK SALES.—The Secretary shall make bulk
sales of the coins minted under this Act at a reasonable
discount to reflect the lower cost of the sales.
(c) PREPAID ORDERS.—The Secretary shall accept
prepaid orders for the coins minted under this Act. To
fill the orders, the Secretary shall sell the coins at a rea-
sonable discount to reflect the benefit of prepayment.
(d) SURCHARGES.—All sales of coins minted under
this Act shall include a surcharge of $5 per coin.
SEC. 7. USE OF SURCHARGES.
Notwithstanding section 5134 of title 32, United
States Code, and subject to section 9 of this Act, sur-
charges received from the sale of coins minted under this
Act shall be paid by the Secretary as follows:
(1) NEIL
ARMSTRONG
AIR
AND
SPACE
MU-
SEUM.—Twenty-five percent of the surcharges shall
be paid to the Ohio Historic Preservation Associa-
tion to be used for the Neil Armstrong Air and
Space Museum, located in Wapakoneta, Ohio.
(2) NATIONAL
AIR
AND
SPACE
MUSEUM.—
Twenty-five percent of the surcharges shall be paid
to the Secretary of the Smithsonian Institution to be
used for the National Air and Space Museum.
(3) REDUCTION
OF
NATIONAL
DEBT.—Fifty
percent of the surcharges shall be transferred to the
general fund of the Treasury for the purpose of re-
ducing the national debt.
SEC. 8. AUDITS.
As a condition of receiving the surcharges paid under
section 7, the Ohio Historic Preservation Association shall
allow the Comptroller General of the United States to ex-
amine the books, records, documents, and other data of
the Ohio Historic Preservation Association that may be
related to the expenditure by the Association of surcharges
paid under section 7.
SEC. 9. FINANCIAL REQUIREMENT.
The Secretary shall take actions necessary to ensure
that the minting and issuance of the coins under this Act
will not result in any net cost to the Federal Government.
SEC. 10. PROCUREMENT REGULATIONS.
(a) WAIVER.—Except as provided in subsection (b),
no provision of law applicable to procurement or public
contracts shall be applicable to the procurement of goods
or services relating to the minting and issuing of the coins
issued under 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. 11. NUMISMATIC PUBLIC ENTERPRISE FUND.
Subject to section 7 of this Act, the coins minted
under this Act are numismatic items for purposes of sub-
chapter III, chapter 51, subtitle IV of title 31, United
States Code.
Æ