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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.
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.