Apollo 11 50th Anniversary Commemorative Coin Act

Bill: 114-hr-2726
Sponsor: Rep. Posey, Bill [R-FL-8]
Introduced: 2015-06-10 in the House
Policy area: Finance and Financial Sector
Subjects: Commemorative events and holidays
Currency
Higher education
Museums, exhibitions, cultural centers
Science and engineering education
Smithsonian Institution
Social work, volunteer service, charitable organizations
Space flight and exploration
Student aid and college costs

Summary:
action_date: 2015-06-10
text: 

Apollo 11 50th Anniversary Commemorative Coin Act

 
This bill directs the Department of the Treasury to mint and issue gold, silver, half-dollar clad, and proof silver coins in recognition and celebration of the 50th anniversary of the first manned landing on the moon. 
 
Treasury may issue coins minted under this Act for only a one-year period, beginning January 1, 2019.
 
All sales of coins minted under this Act shall include a surcharge of $35 per gold coin, $10 per silver coin, $5 per half-dollar clad coin, and $50 per proof silver coin. 
 
All of the surcharges received from the sale of such coins shall be paid as follows: 
 
 
one-half to the Smithsonian Institution's National Air and Space Museum's &quot;Destination Moon&quot; exhibit;
 
one-quarter to the Astronauts Memorial Foundation; and 
 
one-quarter to the Astronaut Scholarship Foundation, to aid its missions by providing college scholarships for the very best and brightest students pursuing degrees in science, technology, engineering, or mathematics (STEM). 
 

action_date: 2016-12-05
text: 

Apollo 11 50th Anniversary Commemorative Coin Act

 
(Sec. 3) This bill directs the Department of the Treasury to mint and issue gold, silver, half-dollar clad, and proof silver coins in recognition and celebration of the 50th anniversary of the first manned landing on the moon. 
 
(Sec. 5) Treasury may issue coins minted under this bill for only a one-year period, beginning January 1, 2019.
 
(Sec. 7) All sales of coins minted under this bill shall include a surcharge of $35 per gold coin, $10 per silver coin, $5 per half-dollar clad coin, and $50 per proof silver coin. 
 
All of the surcharges received from the sale of such coins shall be paid as follows: 
 
 
one-half to the Smithsonian Institution's National Air and Space Museum's &quot;Destination Moon&quot; exhibit;
 
one-quarter to the Astronauts Memorial Foundation; and 
 
one-quarter to the Astronaut Scholarship Foundation, to aid its missions by providing college scholarships for the very best and brightest students pursuing degrees in science, technology, engineering, or mathematics (STEM). 
 
 
There may not be any surcharge if issuance of the coin would exceed the annual commemorative coin program issuance limitatio 
 
(Sec. 8) Treasury shall ensure that: 
 
 
minting and issuing such coins will not result in any net cost to the federal government; and
 
no funds, including surcharges, will be disbursed to any recipient designated in section 7 until the total cost of designing and issuing all authorized coins is recovered.
 

action_date: 2016-12-10
text: 
(This measure has not been amended since it was passed by the House on December 5, 2016. The summary of that version is repeated here.)
 

Apollo 11 50th Anniversary Commemorative Coin Act

 
(Sec. 3) This bill directs the Department of the Treasury to mint and issue gold, silver, half-dollar clad, and proof silver coins in recognition and celebration of the 50th anniversary of the first manned landing on the moon. 
 
(Sec. 5) Treasury may issue coins minted under this bill for only a one-year period, beginning January 1, 2019.
 
(Sec. 7) All sales of coins minted under this bill shall include a surcharge of $35 per gold coin, $10 per silver coin, $5 per half-dollar clad coin, and $50 per proof silver coin. 
 
All of the surcharges received from the sale of such coins shall be paid as follows: 
 
 
one-half to the Smithsonian Institution's National Air and Space Museum's &quot;Destination Moon&quot; exhibit;
 
one-quarter to the Astronauts Memorial Foundation; and 
 
one-quarter to the Astronaut Scholarship Foundation, to aid its missions by providing college scholarships for the very best and brightest students pursuing degrees in science, technology, engineering, or mathematics (STEM). 
 
 
There may not be any surcharge if issuance of the coin would exceed the annual commemorative coin program issuance limitation.
 
(Sec. 8) Treasury shall ensure that: 
 
 
minting and issuing such coins will not result in any net cost to the federal government; and
 
no funds, including surcharges, will be disbursed to any recipient designated in section 7 until the total cost of designing and issuing all authorized coins is recovered.
 

action_date: 2016-12-16
text: 
(This measure has not been amended since it was passed by the House on December 5, 2016. The summary of that version is repeated here.)
 

Apollo 11 50th Anniversary Commemorative Coin Act

 
(Sec. 3) This bill directs the Department of the Treasury to mint and issue gold, silver, half-dollar clad, and proof silver coins in recognition and celebration of the 50th anniversary of the first manned landing on the moon. 
 
(Sec. 5) Treasury may issue coins minted under this bill for only a one-year period, beginning January 1, 2019.
 
(Sec. 7) All sales of coins minted under this bill shall include a surcharge of $35 per gold coin, $10 per silver coin, $5 per half-dollar clad coin, and $50 per proof silver coin. 
 
All of the surcharges received from the sale of such coins shall be paid as follows: 
 
 
one-half to the Smithsonian Institution's National Air and Space Museum's &quot;Destination Moon&quot; exhibit;
 
one-quarter to the Astronauts Memorial Foundation; and 
 
one-quarter to the Astronaut Scholarship Foundation, to aid its missions by providing college scholarships for the very best and brightest students pursuing degrees in science, technology, engineering, or mathematics (STEM). 
 
 
There may not be any surcharge if issuance of the coin would exceed the annual commemorative coin program issuance limitation.
 
(Sec. 8) Treasury shall ensure that: 
 
 
minting and issuing such coins will not result in any net cost to the federal government; and
 
no funds, including surcharges, will be disbursed to any recipient designated in section 7 until the total cost of designing and issuing all authorized coins is recovered.
 


Legislative actions:
action_date: 2016-12-16
text: Became Public Law No: 114-282.
action_date: 2016-12-16
text: Became Public Law No: 114-282.
action_date: 2016-12-16
text: Signed by President.
action_date: 2016-12-16
text: Signed by President.
action_date: 2016-12-15
text: Presented to President.
action_date: 2016-12-15
text: Presented to President.
action_date: 2016-12-12
text: Message on Senate action sent to the House.
action_date: 2016-12-10
text: Passed Senate without amendment by Voice Vote. (consideration: CR S7108)
action_date: 2016-12-10
text: Passed/agreed to in Senate: Passed Senate without amendment by Voice Vote.(consideration: CR S7108)
action_date: 2016-12-06
text: Received in the Senate, read twice.
action_date: 2016-12-05
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2016-12-05
text: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7149-7150)
action_date: 2016-12-05
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H7149-7150)
action_date: 2016-12-05
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 2726.
action_date: 2016-12-05
text: Considered under suspension of the rules. (consideration: CR H7149-7152)
action_date: 2016-12-05
text: Mr. Posey moved to suspend the rules and pass the bill, as amended.
action_date: 2015-06-10
text: 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.
action_date: 2015-06-10
text: 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.
action_date: 2015-06-10
text: 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.
action_date: 2015-06-10
text: Introduced in House
action_date: 2015-06-10
text: Introduced in House

Enacted as: number: 114-282