Title: National Women’s Hall of Fame Commemorative Coin Act
Policy area: Finance and Financial Sector

Summary:
National Women's Hall of Fame Commemorative Coin Act
This bill directs the Department of the Treasury to mint and issue $5 gold coins, $1 silver coins, and half-dollar clad coins in recognition and celebration of the National Women's Hall of Fame in Seneca Falls, New York.
All minted coins shall include a specified surcharge, which shall be paid to the National Women's Hall of Fame Foundation to establish an endowment fund to provide for the long-term financing of the hall's operations.

[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1982 Introduced in House (IH)]

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116th CONGRESS
  1st Session
                                H. R. 1982

 To require the Secretary of the Treasury to mint coins in recognition 
         and celebration of the National Women's Hall of Fame.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 28, 2019

Mr. Morelle (for himself, Ms. Moore, Ms. Meng, and Mr. Reed) introduced 
 the following bill; which was referred to the Committee on Financial 
Services, and in addition to the Committee on the Budget, for a period 
    to be subsequently determined by the Speaker, in each case for 
consideration of such provisions as fall within the jurisdiction of the 
                          committee concerned

_______________________________________________________________________

                                 A BILL


 
 To require the Secretary of the Treasury to mint coins in recognition 
         and celebration of the National Women's Hall of Fame.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``National Women's Hall of Fame 
Commemorative Coin Act''.

SEC. 2. FINDINGS.

    The Congress finds the following:
            (1) In 1969, the National Women's Hall of Fame was 
        established in Seneca Falls, New York, the location of the 
        first Women's Rights Convention in 1848. A total of 276 women 
        have been inducted represented well by the first class that 
        included Jane Addams, Marian Anderson, Susan B. Anthony, Clara 
        Barton, Mary MacLeod Bethune, Elizabeth Blackwell, Pearl S. 
        Buck, Rachel Carson, Mary Cassatt, Emily Dickinson, Amelia 
        Earhart, Alice Hamilton, Helen Hayes, Helen Keller, Eleanor 
        Roosevelt, Florence Sabin, Margaret Chase Smith, Elizabeth Cady 
        Stanton, Helen Brooke Taussig and Harriet Tubman.
            (2) The National Women's Hall of Fame is the Nation's 
        oldest membership organization dedicated to recognizing and 
        celebrating the achievements of great American women.
            (3) The involvement of women in the Nation's history is 
        inadequately chronicled, commemorated and celebrated as 
        reflected in the following:
                    (A) Fewer than 5 percent of the 2,400 national 
                historic landmarks chronicle women's achievements.
                    (B) Only 9 of the 112 statues in the Capitol's 
                Statuary Hall are of women.
                    (C) The National Park Service notes that only 3 of 
                the 152 national monuments in the United States are 
                dedicated to historic female figures.
                    (D) Of the 5,575 outdoor sculpture portraits of 
                historical figures in the United States, 559 portray 
                women according to the Smithsonian American Art 
                Museum's online inventories catalog.
                    (E) None of the 30 National managed under the 
                National Park Service specifically honor women.
                    (F) 3 of the 78 National Historic Sites commemorate 
                women.
                    (G) Only 1 of the 56 new quarters issued by the 
                U.S. Mint from 1999 through 2017 commemorated a woman.
                    (H) Only 219 U.S. Postal Stamps were issued to 
                commemorate women.
            (4) The National Women's Hall of Fame will complete 
        rehabilitation of its new home at the former Seneca Falls 
        Knitting Mill, which is a historic building included in the 
        National Historic Registry. The new building has over 20,000 
        square feet available for artifacts to ensure that women's 
        history and women's contribution to American history will be 
        preserved and recounted for future generations.
            (5) The National Women's Hall of Fame plans to design an 
        educational program utilizing video conference technology with 
        students and teachers participating in interactive lessons led 
        by educators from the National Women's Hall of Fame. This 
        program will provide important lessons on the impact that women 
        have had on mathematics, geography, education, sciences, 
        medicine, military, government, civil rights, economics, 
        industrial technology, arts, and communication.

SEC. 3. COIN SPECIFICATIONS.

    (a) Denominations.--In recognition and celebration of the National 
Women's Hall of Fame, 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 75,000 $5 coins, which 
        shall--
                    (A) weigh 8.359 grams;
                    (B) have diameter of 0.850 inches; and
                    (C) contain not less than 90 percent gold.
            (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 not less than 90 percent silver.
            (3) Half-dollar clad coins.--Not more than 1,000,000 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 numismatic items.
    (d) Sense of Congress.--It is the sense of Congress that, to the 
extent possible without significantly adding to the purchase price of 
the coins, the coins minted under this Act should be produced in a 
fashion that provides a more dramatic display of the obverse design 
chosen pursuant to section 4(c).

SEC. 4. DESIGN OF COINS.

    (a) In General.--The design for the coins minted under this Act 
shall be--
            (1) selected by the Secretary after consultation with--
                    (A) the National Women's Hall of Fame; and
                    (B) the Commission of Fine Arts; and
            (2) reviewed by the Citizens Commemorative Coin Advisory 
        Committee.
    (b) Designations 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 ``2020''; and
            (3) inscriptions of the words ``Liberty'', ``In God We 
        Trust'', ``United States of America'', and ``E Pluribus Unum''.
    (c) Selection and Approval Process for Obverse Design.--
            (1) In general.--The Secretary shall hold a competition to 
        determine the design of the common obverse of the coins minted 
        under this Act, with such design being emblematic of women's 
        contribution to American history.
            (2) Selection and approval.--Proposals for the design of 
        coins minted under this Act may be submitted in accordance with 
        the design selection and approval process developed by the 
        Secretary in the sole discretion of the Secretary. The 
        Secretary shall encourage 3-dimensional models to be submitted 
        as part of the design proposals.
            (3) Proposals.--As part of the competition described in 
        this subsection, the Secretary may accept proposals from 
        artists, engravers of the United States Mint, and members of 
        the general public.
            (4) Compensation.--The Secretary shall determine 
        compensation for the winning design under this subsection, 
        which shall be not less than $5,000. The Secretary shall take 
        into account this compensation amount when determining the sale 
        price described in section 6(a).
            (5) Reverse design.--The design on the common reverse of 
        the coins minted under this Act shall depict a design 
        incorporating commemoration of the passage of the 19th 
        Amendment to the Constitution recognizing the right of women to 
        vote.

SEC. 5. ISSUANCE OF COINS.

    (a) Quality of Coins.--Coins minted under this Act shall be issued 
in uncirculated and proof qualities.
    (b) Period for Issuance.--The Secretary may issue coins minted 
under this Act only during the 1-year period beginning on January 1, 
2020.

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, winning design 
        compensation, 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 prepaid orders 
        under paragraph (1) shall be at a reasonable 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 $5 per coin for the half-dollar 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 National Women's Hall of Fame Foundation to establish an endowment 
fund that will provide long-term financing for the National Women's 
Hall of Fame's operations.
    (c) Audits.--The National Women's Hall of Fame Foundation shall be 
subject to the audit requirements of section 5134(f)(2) of title 31, 
United States Code, with regard to the amounts received under 
subsection (b).
    (d) Limitation.--Notwithstanding subsection (a), no surcharge may 
be included with respect to the issuance under this Act of any coin 
during a calendar year if, as of the time of such issuance, the 
issuance of such coin would result in the number of commemorative coin 
programs issued during such year to exceed the annual commemorative 
coin program issuance limitation under section 5112(m)(1) of title 31, 
United States Code (as in effect on the date of the enactment of this 
Act). The Secretary of the Treasury may issue guidance to carry out 
this subsection.

SEC. 8. FINANCIAL ASSURANCES.

    The Secretary shall take such actions as may be necessary to ensure 
that--
            (1) minting and issuing coins under this Act will not 
        result in any net cost to the United States Government; and
            (2) no funds, including applicable surcharges, are 
        disbursed to any recipient designated in section 7 until the 
        total cost of designing and issuing all of the coins authorized 
        by this Act (including labor, materials, dies, use of 
        machinery, winning design compensation, overhead expenses, 
        marketing, and shipping) is recovered by the United States 
        Treasury, consistent with sections 5112(m) and 5134(f) of title 
        31, United States Code.

SEC. 9. BUDGET COMPLIANCE.

    The budgetary effects of this Act, for the purpose of complying 
with the Statutory Pay-As-You-Go Act of 2010, shall be determined by 
reference to the latest statement titled ``Budgetary Effects of PAYGO 
Legislation'' for this Act, submitted for printing in the Congressional 
Record by the Chairman of the Committee on the Budget of the House of 
Representatives, provided that such statement has been submitted prior 
to the vote on passage.
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