Us Congress Senate Bill SB789

Us Congress 2023-2024 Regular Session

• Introduced: 3/14/23
• Refer: 3/14/23

Caption

United States Foreign Service Commemorative Coin Act

Impact

The bill lays out specific provisions regarding the type and quantity of coins to be minted. It calls for the issuance of 50,000 gold coins, 400,000 silver coins, and up to 750,000 clad half-dollar coins. The coins are designated as legal tender and will carry inscriptions that reflect the significance of diplomacy in the nation's interests. The funds raised from the sale of these coins will include surcharges that support the Association for Diplomatic Studies and Training, further promoting the importance of diplomatic history in the US.

Summary

SB789, also known as the United States Foreign Service Commemorative Coin Act, aims to recognize the 100th anniversary of the United States Foreign Service. The bill authorizes the Secretary of the Treasury to mint and issue commemorative coins that celebrate the contributions of the Foreign Service to United States diplomacy. This commemorative initiative is both a tribute to the professionals within the Foreign Service and an effort to raise awareness of their role in supporting foreign policy and aiding American citizens abroad.

Contention

While there is no explicit record of contention regarding this bill, the broader implications of commemorative coinage can sometimes raise questions about federal expenditures versus serves to honor public servants. The historical context provided in the findings indicates the deep-seated traditions associated with the Foreign Service while reminding legislators of the importance of diplomacy. The reliance on collectible values and surcharges as a means of funding may also be scrutinized in future discussions.