Teacher:In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
Teacher: Now, understand the problem? Solve this instance: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Veterans Commemoration Act of
2000''.

SEC. 2. FINDINGS.

The Congress finds as follows:
(1) The United States is indebted to those who served this
nation in times of war.
(2) The United States must meet its obligations to
veterans.
(3) The Congress has the responsibility to fulfill those
obligations to veterans.
(4) The Congress recognizes the unique service that the
Disabled American Veterans' transportation program provides to
veterans.
(5) The Congress would like to offer the opportunity for
all persons to voluntarily participate in raising funds for the
transportation of veterans to and from veterans' hospitals.
(6) The Congress understands the importance of Executive
Order Numbered 5398, signed by President Herbert Hoover on July
21, 1930, which created the Veterans Administration at a time
when there were 54 hospitals, 4,700,000 living veterans, and
31,600 employees.
(7) It is appropriate to authorize coins commemorating the
service of veterans of the Armed Forces of the United States
and provide for the use of the proceeds of surcharges imposed
on the sale of the coins to fund the transportation of veterans
to and from hospitals administered by the Secretary of Veterans
Affairs.

SEC. 3. COIN SPECIFICATIONS.

(a) $1 Silver Coins.--
(1) Designations.--The Secretary of the Treasury (hereafter
in this Act referred to as the ''Secretary'') shall mint and
issue not more than 500,000 $1 coins to commemorate veterans of
the United States Armed Services.
(2) Size, weight, and composition.--Each coin issued under
paragraph (1) 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.

SEC. 4. SOURCES OF BULLION.

The Secretary may obtain silver for minting coins under this Act
from any available source, including stockpiles established under the
Strategic and Critical Materials Stock Piling Act.

SEC. 5. DESIGN OF COINS.

(a) Design Requirements.--
(1) In general.--The design of each coin minted under this
Act shall be emblematic of the service of veterans of the Armed
Forces of the United States.
(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 ''2005''; 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--
(1) selected by the Secretary after consultation with the
Disabled American Veterans and the Commission of Fine Arts; and
(2) reviewed by the Citizens Commemorative Coin Advisory
Committee.

SEC. 6. 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) Commencement of Issuance.--The Secretary may issue coins minted
under this Act beginning January 1, 2005.
(d) Termination of Minting Authority.--No coins may be minted under
this Act after December 31, 2005.

SEC. 7. 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 8(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 prepaid orders
under paragraph (1) shall be at a reasonable discount.

SEC. 8. SURCHARGES.

(a) In General.--All sales of coins minted under this Act shall
include a surcharge of $10.
(b) Distribution.--All surcharges received by the Secretary from
the sale of coins issued under this Act shall be promptly paid by the
Secretary, in accordance with section 5134(f)(1) of title 31, United
States Code, to the Disabled American Veterans for the purpose of
funding the transportation of veterans to and from hospitals
administered by the Secretary of Veterans Affairs.
(c) Audits.--The Disabled American Veterans shall be subject to the
audit requirements of section 5134(f)(2) of title 31, United States
Code.
Student:
Mandates that the proceeds from sale surcharges be paid promptly to the Disabled American Veterans to fund the transportation of veterans to and from hospitals administered by the Secretary of Veterans Affairs.