In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.

Input: Consider Input: SECTION 1. SHORT TITLE.
    This Act may be cited as the ``American Innovation $1 Coin Act''.
SEC. 2. AMERICAN INNOVATION $1 COIN PROGRAM.
    Section 5112 of title 31, United States Code, is amended by 
inserting after subsection (v) the following new subsection:
    ``(w) Redesign and Issuance of $1 Coins Honoring Innovation and 
Innovators From Each State, the District of Columbia, and Each 
Territory.--
        ``(1) Redesign beginning in 2019.--
            ``(A) In general.--Notwithstanding subsection (d)(1) and 
        subsection (d)(2) and in accordance with the provisions of this 
        subsection, during the 14-year period beginning on January 1, 
        2019 (or such later date as provided under subparagraph 
        (B)(ii)), the Secretary of the Treasury shall mint and issue $1 
        coins to be known as `American Innovation $1 coins', that--
                ``(i) have designs on the obverse selected in 
            accordance with paragraph (2)(A); and
                ``(ii) have a design on the reverse selected in 
            accordance with paragraph (2)(B).
            ``(B) Continuity provisions.--
                ``(i) In general.--Notwithstanding subparagraph (A), 
            the Secretary shall continue to mint and issue $1 coins 
            honoring Native Americans and their contributions in 
            accordance with subsection (r).
                ``(ii) First coin.--Notwithstanding subparagraph (A), 
            if the Secretary finds that it is feasible and cost-
            effective, the Secretary may mint and issue a $1 coin in 
            2018 to introduce the series of coins described in this 
            subsection, that--

                    ``(I) has the obverse described under paragraph 
                (2)(A);
                    ``(II) has a reverse that bears the inscription 
                `United States of America' and `American Innovators' 
                and a representation of the signature of President 
                George Washington on the first United States patent 
                issued;
                    ``(III) has the edge-incusing described under 
                paragraph (2)(C); and
                    ``(IV) the design for which has reviewed by the 
                Citizens Coinage Advisory Committee.

            ``(C) Definition of territory.--For purposes of this 
        subsection, the term `territory' means the Commonwealth of 
        Puerto Rico, Guam, American Samoa, the United States Virgin 
        Islands, and the Commonwealth of the Northern Mariana Islands.
        ``(2) Design requirements.--Notwithstanding subsection (d)(1) 
    and subsection (d)(2), the $1 coins issued in accordance with 
    paragraph (1)(A) shall meet the following design requirements:
            ``(A) Coin obverse.--The common design on the obverse of 
        each coin issued under this subsection shall contain--
                ``(i) a likeness of the Statue of Liberty extending to 
            the rim of the coin and large enough to provide a dramatic 
            representation of Liberty;
                ``(ii) the inscription `$1'; and
                ``(iii) the inscription `In God We Trust'.
            ``(B) Coin reverse.--The design on the reverse of each coin 
        issued under this subsection shall bear the following:
                ``(i) An image or images emblematic of one of the 
            following from one of the 50 States, the District of 
            Columbia, or the territories of the United States:

                    ``(I) A significant innovation.
                    ``(II) An innovator.
                    ``(III) A group of innovators.

                ``(ii) The name of the State, the District of Columbia, 
            or territory, as applicable.
                ``(iii) The inscription `United States of America'.
            ``(C) Edge-incused inscriptions.--
                ``(i) In general.--The inscription of the year of 
            minting or issuance of the coin, the mint mark, and the 
            inscription `E Pluribus Unum' shall be edge-incused into 
            the coin.
                ``(ii) Preservation of distinctive edge.--The edge-
            incusing of the inscriptions under clause (i) on coins 
            issued under this subsection shall be done in a manner that 
            preserves the distinctive edge of the coin so that the 
            denomination of the coin is readily discernible, including 
            by individuals who are blind or visually impaired.
        ``(3) Issuance of coins commemorating innovation or 
    innovators.--
            ``(A) Order of issuance.--
                ``(i) In general.--The coins issued under this 
            subsection commemorating either an innovation, an 
            individual innovator, or a group of innovators, from each 
            State, the District of Columbia, or a territory shall be 
            issued in the following order:

                    ``(I) State.--With respect to each State, the coins 
                shall be issued in the order in which the States 
                ratified the Constitution of the United States or were 
                admitted into the Union, as the case may be.
                    ``(II) District of columbia and territories.--After 
                all coins are issued under subclause (I), the coins 
                shall be issued for the District of Columbia and the 
                territories in the following order: the District of 
                Columbia, the Commonwealth of Puerto Rico, Guam, 
                American Samoa, the United States Virgin Islands, and 
                the Commonwealth of the Northern Mariana Islands.

                ``(ii) Application in event of the admission of 
            additional states.--Notwithstanding clause (i), if any 
            additional State is admitted into the Union before the end 
            of the 14-year period referred to in paragraph (1), the 
            Secretary of the Treasury may issue a $1 coin with respect 
            to the additional State in accordance with clause (i)(I).
                ``(iii) Application in the event of independence or 
            adding of a territory.--Notwithstanding clause (i)--

                    ``(I) if any territory becomes independent or 
                otherwise ceases to be a territory of the United States 
                before $1 coins are minted pursuant to this subsection, 
                the subsection shall cease to apply with respect to 
                such territory; and
                    ``(II) if any new territory is added to the United 
                States, $1 coins shall be issued for such territories 
                in the order in which the new the territories are 
                added, beginning after the $1 coin is issued for the 
                Commonwealth of the Northern Mariana Islands.

            ``(B) Issuance of coins commemorating four innovations or 
        innovators during each of 14 years.--
                ``(i) In general.--Four $1 coin designs as described in 
            this subsection shall be issued during each year of the 
            period referred to in paragraph (1) until 1 coin featuring 
            1 innovation, an individual innovator, or a group of 
            innovators, from each of the States, the District of 
            Columbia, and territories has been issued.
                ``(ii) Number of coins of each design.--The Secretary 
            shall prescribe, on the basis of such factors as the 
            Secretary determines to be appropriate, the number of $1 
            coins that shall be issued with each of the designs 
            selected for each year of the period referred to in 
            paragraph (1).
        ``(4) Selection of concept and design.--
            ``(A) Concept.--With respect to each State, the District of 
        Columbia, and each territory to be honored with a coin under 
        this subsection, the selection of the significant innovation, 
        innovator, or group of innovators to be borne on the reverse of 
        such coin shall be made by the Secretary of the Treasury, after 
        consultation with the Governor or other chief executive of the 
        State, the District of Columbia, or territory with respect to 
        which a coin is to be issued under this subsection.
            ``(B) Design.--Each of the designs required under this 
        subsection shall be selected by the Secretary after--
                ``(i) consultation with--

                    ``(I) the Governor or other chief executive of the 
                State, the District of Columbia, or territory with 
                respect to which a coin is to be issued under this 
                subsection; and
                    ``(II) the Commission of Fine Arts; and

                ``(ii) review by the Citizens Coinage Advisory 
            Committee.
            ``(C) Selection and approval process.--Proposals for 
        designs for $1 coins under this subsection may be submitted in 
        accordance with the design selection and approval process 
        developed by the Secretary in the sole discretion of the 
        Secretary.
            ``(D) Standards.--Because it is important that the Nation's 
        coinage and currency bear dignified designs of which the 
        citizens of the United States can be proud, the Secretary shall 
        not select any frivolous or inappropriate design for any $1 
        coin minted under this subsection.
            ``(E) Prohibition on certain representations.--No head and 
        shoulders portrait or bust of any person and no portrait of a 
        living person may be included in the design of any coin issued 
        under this subsection.
        ``(5) Treatment as numismatic items.--For purposes of sections 
    5134 and 5136, all $1 coins minted under this subsection shall be 
    considered to be numismatic items.
        ``(6) Issuance of numismatic coins.--The Secretary may mint and 
    issue such number of $1 coins of each design selected under this 
    subsection in uncirculated and proof qualities as the Secretary 
    determines to be appropriate.
        ``(7) Termination of program.--The issuance of coins under this 
    subsection shall terminate when one innovation, an individual 
    innovator, or a group of innovators, from each State, the District 
    of Columbia, and each territory has been honored and may not be 
    resumed except by an Act of Congress.''.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.

Output: American Innovation $1 Coin Act (Sec. 2) This bill directs the Department of the Treasury, over a 14-year period beginning in 2019, to mint and issue "American Innovation" $1 coins commemorating innovation and innovators from each state, each U.S. territory, and the District of Columbia.  Such coins shall be issued in the order in which the states ratified the Constitution or were admitted into the Union. After all such coins are issued, coins shall be issued for the District of Columbia and the territories.  Treasury shall issue four coins per year until a coin has been issued for each jurisdiction.  Neither the bust of any person nor the portrait of any living person may be included in the design of the coins. The bill instructs Interior to continue to mint and issue $1 coins honoring Native Americans and their contributions. 


Input: Consider Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Construction Reform Act of 2016''.

SEC. 2. DEPARTMENT OF VETERANS AFFAIRS CONSTRUCTION REFORMS.

    (a) Application of Industry Standards; Assistance.--Section 8103 of 
title 38, United States Code, is amended by adding at the end the 
following new subsections:
    ``(f) To the maximum extent practicable, the Secretary shall use 
industry standards, standard designs, and best practices in carrying 
out the construction of medical facilities.
    ``(g)(1) The Secretary shall provide to a non-Department Federal 
entity with which the Secretary has entered into an agreement under 
subsection (e)--
            ``(A) design, planning, and construction assistance before 
        the entity issues a request for proposals for the design or 
        construction of the super construction project covered by the 
        agreement;
            ``(B) any documents or information needed for the entity to 
        carry out the responsibilities of the entity with respect to 
        the super construction project; and
            ``(C) upon the request of the entity, any other assistance 
        that the entity determines necessary to carry out such 
        responsibilities.
    ``(2) Any assistance provided under paragraph (1) shall be provided 
to the non-Department Federal entity on a non-reimbursable basis.
    ``(h)(1) With respect to a proposed change to a contract entered 
into by a non-Department Federal entity with which the Secretary has 
entered into an agreement under subsection (e) that is estimated at a 
value of less than $250,000, the non-Department Federal entity shall 
issue a final decision regarding such change not later than 30 days 
after the date on which the change is proposed.
    ``(2) With respect to a proposed change to such a contract that is 
estimated at a value of $250,000 or more--
            ``(A) the Secretary may provide to the entity the 
        recommendations of the Secretary regarding such change;
            ``(B) during the 30-day period beginning on the date on 
        which the entity furnishes to the Secretary information 
        regarding such change, the Secretary may issue the final 
        decision regarding such change; and
            ``(C) if the Secretary does not issue a final decision 
        under subparagraph (B), during the 30-day period following the 
        period described in such paragraph, the entity shall issue a 
        final decision regarding such a change no later than 90 days 
        from when the entity furnished information regarding such a 
        change to the Secretary.
    ``(i) The Secretary shall ensure that each employee of the 
Department with responsibilities relating to the construction or 
alteration of medical facilities, including such construction or 
alteration carried out pursuant to contracts or agreements, undergoes a 
program of ongoing professional training and development. Such program 
shall be designed to ensure that employees maintain adequate expertise 
relating to industry standards and best practices for the acquisition 
of design and construction services. The Secretary may provide the 
program under this subsection through a contract or agreement with a 
non-Federal entity or with a non-Department Federal entity.''.
    (b) Limitation on Planning and Design for Super Construction 
Projects.--
            (1) In general.--Section 8104(a) of title 38, United States 
        Code, is amended--
                    (A) by redesignating paragraph (3) as paragraph 
                (4);
                    (B) by inserting after paragraph (2) the following 
                new paragraph (3):
    ``(3) The Secretary may not obligate or expend funds for advance 
planning or design for any super construction project, until the date 
that is 60 days after the date on which the Secretary submits to the 
Committee on Veterans' Affairs and the Committee on Appropriations of 
the Senate and the Committee on Veterans' Affairs and the Committee on 
Appropriations of the House of Representatives notice of such 
obligation or expenditure.''; and
                    (C) in paragraph (4), as redesignated by paragraph 
                (1) of this subsection, by adding at the end the 
                following new subparagraph:
            ``(C) The term `super construction project' means a project 
        for the construction, alteration, or acquisition of a medical 
        facility involving a total expenditure of more than 
        $100,000,000, but such term does not include an acquisition by 
        exchange.''.
            (2) Applicability.--The amendments made by paragraph (1) 
        shall take effect on the date of the enactment of this Act and 
        shall apply with respect to a construction project that is 
        initiated on or after that date.
    (c) Congressional Approval of Certain Projects.--
            (1) Projects that exceed specified amount.--Subsection (c) 
        of section 8104 of title 38, United States Code, is amended to 
        read as follows:
    ``(c)(1) The Secretary may not obligate funds for a major medical 
facility project or a super construction project approved by a law 
described in subsection (a)(2) in an amount that would cause the total 
amount obligated for that project to exceed the amount specified in the 
law for that project (or would add to total obligations exceeding such 
specified amount) by more than 10 percent unless the Committee on 
Veterans' Affairs and the Committee on Appropriations of the Senate and 
the Committee on Veterans' Affairs and the Committee on Appropriations 
of the House of Representatives each approve in writing the obligation 
of those funds.
    ``(2) The Secretary shall--
            ``(A) enter into a contract with an appropriate non-
        department Federal entity with the ability to conduct forensic 
        audits on medical facility projects for the conduct of an 
        external forensic audit of the expenditures relating to any 
        major medical facility or super construction project for which 
        the total expenditures exceed the amount specified in the law 
        for the project by more than 25 percent; and
            ``(B) enter into a contract with an appropriate non-
        department Federal entity with the ability to conduct forensic 
        audits on medical facility projects for the conduct of an 
        external audit of the medical center construction project in 
        Aurora, Colorado.''.
            (2) Use of extra amounts.--Subsection (d) of such section 
        is amended--
                    (A) in paragraph (2)(B), in the matter preceding 
                clause (i), by striking ``Whenever'' and inserting 
                ``Before''; and
                    (B) by adding at the end the following new 
                paragraph:
    ``(3) The Secretary may not obligate any funds described in 
paragraph (1) or amounts described in paragraph (2) before the date 
that is 30 days after the notification submitted under paragraph (1) or 
paragraph (2)(B), as the case may be, unless the Committee on Veterans' 
Affairs and the Committee on Appropriations of the Senate and the 
Committee on Veterans' Affairs and the Committee on Appropriations of 
the House of Representatives each approve in writing the obligation of 
those funds or amounts.''.
            (3) Notification requirements.--
                    (A) Committees required.--Subsection (d)(1) of such 
                section is amended by striking ``each committee'' and 
                inserting ``the Committee on Veterans' Affairs and the 
                Committee on Appropriations of the Senate and the 
                Committee on Veterans' Affairs and the Committee on 
                Appropriations of the House of Representatives''.
                    (B) Use of amounts from bid savings.--Subsection 
                (d)(2)(B) of such section is amended by adding at the 
                end the following new clause:
            ``(iv) With respect to the major construction project that 
        is the source of the bid savings--
                    ``(I) the amounts already obligated or available in 
                the project reserve for such project;
                    ``(II) the percentage of such project that has been 
                completed; and
                    ``(III) the amount of such bid savings that is 
                already obligated or otherwise being used for a purpose 
                other than such project.''.
    (d) Quarterly Report on Super Construction Projects.--
            (1) In general.--At the end of subchapter I of chapter 81 
        of title 38, United States Code, add the following new section:
``Sec. 8120. Quarterly report on super construction projects
    ``(a) Quarterly Reports Required.--Not later than 30 days after the 
last day of each fiscal quarter the Secretary shall submit to the 
Committees on Veterans' Affairs of the Senate and House of 
Representatives on the super construction projects carried out by the 
Secretary during such quarter. Each such report shall include, for each 
such project--
            ``(1) the budgetary and scheduling status of the project, 
        as of the last day of the quarter covered by the report; and
            ``(2) the actual cost and schedule variances of the 
        project, as of such day, compared to the planned cost and 
        schedules for the project.
    ``(b) Super Construction Project Defined.--In this section, the 
term `super construction project' has the meaning given such term in 
section 8104(a)(4)(C) of this title.''.
            (2) Clerical amendment.--The table of sections at the 
        beginning of the chapter is amended by adding at the end of the 
        items relating to such subchapter the following new item:

``8120. Quarterly report on super construction projects.''.
    (e) Accelerated Master Planning for Each Medical Facility of the 
Department of Veterans Affairs.--
            (1) Existing facilities.--Not later than December 31, 2016, 
        the Secretary of Veterans Affairs shall complete a master plan 
        described in paragraph (3) for each medical facility of the 
        Department of Veterans Affairs.
            (2) New facilities.--For each medical facility of the 
        Department for which construction is completed after the date 
        of the enactment of this Act, the Secretary shall complete a 
        master plan described in paragraph (3) for the facility by not 
        later than the earlier of the following dates:
                    (A) The date on which activation is completed.
                    (B) The date of the formal dedication of the 
                facility.
            (3) Master plan described.--A master plan described in this 
        paragraph is, with respect to a medical facility of the 
        Department, a plan to inform investment decisions and funding 
        requests over a 10-year period for construction projects at 
        such medical facility--
                    (A) to meet the health care needs of a changing 
                veteran population through a combination of health care 
                from the Department and other community resources; and
                    (B) to maximize the best use of the land and 
                structures comprising such medical facility.

SEC. 3. ASSISTANT INSPECTOR GENERAL FOR CONSTRUCTION.

    (a) In General.--Chapter 3 of title 38, United States Code, is 
amended by inserting after section 312 the following new section:
``Sec. 312A. Assistant Inspector General for Construction
    ``(a) In General.--There is in the Office of Inspector General an 
Assistant Inspector General for Construction. The Assistant Inspector 
General for Construction is responsible for conducting, supervising, 
and coordinating audits, evaluations, and investigations of the 
planning, design, contracting, execution, and construction of 
facilities and infrastructure of the Department, including major and 
minor construction projects and leases.
    ``(b) Qualifications.--Each individual appointed as Assistant 
Inspector General for Construction shall be an individual who has 
expertise in construction and facilities management.
    ``(c) Reports.--(1) Not later than 60 days after the appointment of 
an individual as the Assistant Inspector General for Construction, and 
every calendar quarter thereafter, the Assistant Inspector General for 
Construction shall submit to the Committees on Veterans' Affairs of the 
Senate and House of Representatives a report summarizing the activities 
of the Assistant Inspector General for Construction during the 120-day 
period ending on the date of such report.
    ``(2) In addition to the report required in paragraph (1), and the 
requirements contained in section 5 of the Inspector General Act of 
1978 (5 U.S.C. App.), the Assistant Inspector General for Construction 
shall promptly provide to the Committees on Veterans' Affairs of the 
Senate and House of Representatives the findings of any investigation 
undertaken by the Assistant Inspector General for Construction, and 
shall notify the Committees promptly if the Assistant Inspector General 
for Construction identifies any serious or flagrant problem or 
deficiency relating to the administration or operation of any 
construction program of the Department, if, during the course of any 
investigation, the Assistant Inspector General for Construction 
determines that Congress should take immediate action.
    ``(3) Nothing in this subsection shall be construed to authorize 
the public disclosure of information that is--
            ``(A) specifically prohibited from disclosure by any other 
        provision of law;
            ``(B) specifically required by Executive Order to be 
        protected from disclosure in the interest of national defense 
        or national security or in the conduct of foreign affairs; or
            ``(C) a part of an ongoing criminal investigation.''.
    (b) Clerical Amendment.--The table of sections at the beginning of 
such chapter is amended by inserting after the item relating to section 
312 the following new item:

``312A. Assistant Inspector General for Construction.''.

            Passed the House of Representatives February 9, 2016.

            Attest:

                                                 KAREN L. HAAS,

                                                                 Clerk.

Output: Construction Reform Act of 2016 (Sec. 2) This bill requires the Department of Veterans Affairs (VA) to use industry standards, standard designs, and best practices in carrying out medical facility construction. A super construction project is one for the construction, alteration, or acquisition of a medical facility involving a total expenditure of more than $100 million (but does not include an acquisition by exchange).  The VA shall provide, on a non-reimbursable basis, a non-VA federal entity with: (1) design, planning, and construction assistance; (2) project documents; and (3) other assistance upon request.  With respect to a proposed change to a contract entered into by a non-VA federal entity with which the VA has entered into an agreement that is estimated at a value of less than $250,000, the entity shall issue a final decision regarding such change within 30 days.   With respect to a proposed contract change estimated at a value of $250,000 or more:    the VA may make recommendations to the entity;   the VA may issue the final decision regarding the change within 30 days after the entity proposes it; and   if the VA does not issue a final decision within 60 days after the entity proposes the contract change, the entity shall issue a final decision regarding the change no later than 90 days after it proposes the change.    The VA shall ensure that each VA employee with responsibilities relating to the construction or alteration of medical facilities undergoes ongoing professional training and development.   The VA is prohibited from:    obligating or expending funds for advance planning or design for any super construction project until 60 days after congressional notification,  obligating funds for a major medical facility project or a super construction project by more than 10% of the amount approved by law unless certain congressional committees approve the obligation, or  using bid savings amounts or funds for other than their original purpose before 30 days after notifying those committees unless each committee approves the obligation.   The VA shall enter into a contract with an appropriate non-department federal entity to conduct an external forensic audit of: (1) the medical center construction project in Aurora, Colorado; and (2) the expenditures relating to any major medical facility or super construction project when such expenditures exceed the amount approved by law by more than 25%.  The VA must complete a 10-year master plan for: (1) each existing VA medical facility by December 31, 2016, and (2) each new VA medical facility by not later than the earlier of the date on which activation is completed or the date of the facility's formal dedication.  (Sec. 3) There is established in the Office of Inspector General an Assistant Inspector General for Construction who shall be responsible for conducting, supervising, and coordinating audits, evaluations, and investigations of the planning, design, contracting, and construction of VA facilities and infrastructure, including major and minor construction projects and leases.


Input: Consider Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Theodore Roosevelt Commemorative 
Coin Act''.

SEC. 2. FINDINGS.

    The Congress finds the following:
            (1) Theodore Roosevelt, one of America's greatest 
        presidents, was born on October 27, 1858, in New York City, New 
        York.
            (2) At the young age of 23, Theodore Roosevelt was elected 
        to the first of 3 terms as a representative in the New York 
        State Assembly (1882-1884).
            (3) From 1895-1897, Theodore Roosevelt served as 
        Commissioner of the New York City Police Department.
            (4) While serving as Assistant Secretary of the Navy under 
        President William McKinley (1897-1898), Theodore Roosevelt 
        organized the First United States Volunteer Cavalry Regiment, 
        popularly known as the ``Rough Riders'', and then served as 
        Colonel of this regiment during the Spanish-American War.
            (5) From 1898-1900, Theodore Roosevelt served as Governor 
        of New York.
            (6) In 1900, with the election of President McKinley, 
        Theodore Roosevelt was elected as the 25th Vice-President of 
        the United States.
            (7) Becoming the 26th President of the United States the 
        following year, Theodore Roosevelt took a very active role in 
        foreign affairs, establishing the United States as a new world 
        power, and instituted broad reforms, at home, particularly with 
        respect to labor, monopolies, and conservation, until the end 
        of his presidency in 1909.
            (8) On January 16, 2001, Theodore Roosevelt was 
        posthumously awarded the Congressional Medal of Honor for 
        leading a charge up the San Juan Heights in Cuba during the 
        Spanish-American War, shortly before the war ended, thereby 
        becoming the first President of the United States to be awarded 
        the Congressional Medal of Honor.
            (9) 2006 will mark the 100th anniversary of Theodore 
        Roosevelt receiving the Nobel Peace Prize, the first citizen of 
        the United States to receive such prize, for drawing up the 
        1905 peace treaty ending the Russo-Japanese War.

SEC. 3. COIN SPECIFICATIONS.

    (a) Denominations.--The Secretary of the Treasury (hereinafter in 
this Act referred to as the ``Secretary'') shall mint and issue the 
following coins:
            (1) $5 gold coins.--Not more than 50,000 $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, each 
        of which shall--
                    (A) weigh 26.73 grams;
                    (B) have a diameter of 1.500 inches; and
                    (C) contain 90 percent silver and 10 percent 
                copper.
    (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 section 5136 of title 31, 
United States Code, all coins minted under this Act shall be considered 
to be numismatic items.
    (d) Use of the United States Mint at West Point, New York.--It is 
the sense of the Congress that the coins minted under this Act should 
be struck at the United States Mint at West Point, New York, to the 
greatest extent possible.

SEC. 4. DESIGN OF COINS.

    (a) Design Requirements.--
            (1) In general.--The design of the coins minted under this 
        Act shall--
                    (A) be emblematic of the life and legacy of 
                President Theodore Roosevelt; and
                    (B) use the designs of James Earle Fraser or 
                Augustus Saint-Gaudens, 2 sculptors most closely 
                associated with the revitalization of the United States 
                coinage, commonly referred to as the ``Golden Age of 
                American Coin Design'', that was initiated by President 
                Theodore Roosevelt.
            (2) Obverse.--The obverse of the coins minted under this 
        Act shall bear the image of Theodore Roosevelt as a Rough Rider 
        that was used on the James Earle Fraser medal of 1920.
            (3) Reverse.--The reverse of the coins minted under this 
        Act shall bear the eagle design, with motto, from the $20 gold 
        ``double eagle'' coin produced between 1907 and 1933 and 
        designed by Augustus Saint-Gaudens.
            (4) 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 ``2006''; and
                    (C) 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 this Act 
shall be selected by the Secretary after consultation with the 
Commission of Fine Arts.

SEC. 5. ISSUANCE OF COINS.

    (a) Quality of Coins.--Coins minted under this Act shall be issued 
in uncirculated and proof qualities.
    (b) Commencement of Issuance.--The Secretary may issue coins minted 
under this Act beginning January 1, 2006, except that the Secretary may 
initiate sales of such coins, without issuance, before such date.
    (c) Termination of Minting Authority.--No coins shall be minted 
under this Act after December 31, 2006.

SEC. 6. SALE OF COINS.

    (a) Sale Price.--Notwithstanding any other provision of law, the 
coins issued under this Act shall be sold by the Secretary at a price 
equal to the face value, plus the cost of designing and issuing such 
coins (including labor, materials, dies, use of machinery, overhead 
expenses, and marketing).
    (b) Bulk Sales.--The Secretary shall make bulk sales of the coins 
issued under this Act at a reasonable discount.
    (c) Prepaid Orders at a Discount.--
            (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) Surcharge Required.--All sales shall include a surcharge of $35 
per coin for the $5 coins and $10 per coin for the $1 coins.
    (b) Distribution.--Subject to section 5134(f) of title 31, United 
States Code, all surcharges which are received by the Secretary from 
the sale of coins issued under this Act shall be promptly paid by the 
Secretary to the Theodore Roosevelt Association to be used exclusively 
for educational programs at Sagamore Hill National Historic Site, 
operated by the National Park Service, including for the construction 
and maintenance of a visitor's center.
    (c) Audits.--The Theodore Roosevelt Association shall be subject to 
the audit requirements of section 5134(f)(2) of title 31, United States 
Code.


Output: Theodore Roosevelt Commemorative Coin Act - Directs the Secretary of the Treasury to mint and issue not more than 50,000 $5 coins and 500,000 $1 coins emblematic of the life and legacy of President Theodore Roosevelt. Requires the coins to be issued in 2006 to mark the 100th anniversary of Roosevelt receiving the Nobel Peace Prize. Requires surcharges from the sale of the coins to be paid to the Theodore Roosevelt Association to be used exclusively for educational programs at Sagamore Hill National Historic Site, including for construction and maintenance of a visitor's center.