The proposed legislation is expected to create a notable opportunity for fundraising, as it includes provisions for surcharges on the coins that would be directed to the Palmer Foundation. This aspect of the bill is designed to not only celebrate Palmer's legacy but also to enhance the Foundation's ability to support various initiatives tied to youth health, wellness, and environmental engagement. Through this financial support, the bill aims to create a sustainable impact on community development and wellness programs.
Summary
House Bill 2808, titled the 'Arnold Daniel Palmer Commemorative Coin Act', mandates the Secretary of the Treasury to mint a series of commemorative coins to honor the legendary golfer Arnold Palmer. The act highlights Palmer's significant contributions to the sport and his philanthropic efforts through the Arnold & Winnie Palmer Foundation. This foundation centers on promoting children’s health and development while utilizing the influence of golf as a vehicle for character building. The bill designates a specific number and type of coins to be minted, including gold, silver, and half-dollar coins, which will be legal tender.
Contention
The bill does not appear to have significant points of contention noted in the provided text. However, as standard practice with commemorative legislation, it may face questions regarding the appropriateness and necessity of commemorative coins for specific individuals, especially regarding funding allocations. The act's insistence on ensuring that minting operations result in no cost to the Federal Government may also raise discussions on resource allocation and prioritization within the Mint's operational capacities.
Reforms the organizational structure for the Department of Transportation and Development including its duties, powers, and responsibilities of officers and employees (EN INCREASE SD EX See Note)