1 | 1 | | I |
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2 | 2 | | 119THCONGRESS |
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3 | 3 | | 1 |
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4 | 4 | | STSESSION H. R. 2257 |
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5 | 5 | | To require the Secretary of the Treasury to mint and issue coins that |
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6 | 6 | | are emblematic of the National Fallen Firefighters Memorial and the |
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7 | 7 | | service and sacrifice of firefighters throughout the history of the United |
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8 | 8 | | States. |
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9 | 9 | | IN THE HOUSE OF REPRESENTATIVES |
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10 | 10 | | MARCH21, 2025 |
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11 | 11 | | Mr. G |
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12 | 12 | | ARBARINO(for himself, Ms. PETTERSEN, Mr. FITZPATRICK, Mrs. |
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13 | 13 | | M |
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14 | 14 | | CCLAINDELANEY, and Mr. HOYER) introduced the following bill; which |
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15 | 15 | | was referred to the Committee on Financial Services |
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16 | 16 | | A BILL |
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17 | 17 | | To require the Secretary of the Treasury to mint and issue |
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18 | 18 | | coins that are emblematic of the National Fallen Fire- |
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19 | 19 | | fighters Memorial and the service and sacrifice of fire- |
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20 | 20 | | fighters throughout the history of the United States. |
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21 | 21 | | Be it enacted by the Senate and House of Representa-1 |
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22 | 22 | | tives of the United States of America in Congress assembled, 2 |
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23 | 23 | | SECTION 101. SHORT TITLE. 3 |
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24 | 24 | | This Act may be cited as the ‘‘National Fallen Fire-4 |
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25 | 25 | | fighters Memorial Coin Act’’. 5 |
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27 | 27 | | mprince on LAP1J3WLY3PROD with $$_JOB 2 |
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28 | 28 | | •HR 2257 IH |
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29 | 29 | | SEC. 102. COIN SPECIFICATIONS. 1 |
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30 | 30 | | (a) D |
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31 | 31 | | ENOMINATIONS.—The Secretary of the Treas-2 |
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32 | 32 | | ury (hereafter in this Act referred to as the ‘‘Secretary’’) 3 |
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33 | 33 | | shall mint and issue the following coin: 4 |
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34 | 34 | | (1) $5 |
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35 | 35 | | GOLD COINS.—Not more than 50,000 $5 5 |
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36 | 36 | | coins, which shall— 6 |
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37 | 37 | | (A) weigh 8.359 grams; 7 |
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38 | 38 | | (B) have a diameter of 0.850 inches; and 8 |
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39 | 39 | | (C) contain not less than 90 percent gold. 9 |
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40 | 40 | | (2) $1 |
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41 | 41 | | SILVER COINS.—Not more than 400,000 10 |
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42 | 42 | | $1 coins, which shall— 11 |
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43 | 43 | | (A) weigh 26.73 grams; 12 |
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44 | 44 | | (B) have a diameter of 1.500 inches; and 13 |
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45 | 45 | | (C) contain not less than 90 percent silver. 14 |
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46 | 46 | | (3) H |
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47 | 47 | | ALF-DOLLAR CLAD COINS .—Not more 15 |
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48 | 48 | | than 750,000 half-dollar coins which shall— 16 |
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49 | 49 | | (A) weigh 11.34 grams; 17 |
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50 | 50 | | (B) have a diameter of 1.205 inches; and 18 |
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51 | 51 | | (C) be minted to the specifications for half- 19 |
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52 | 52 | | dollar coins contained in section 5112(b) of title 20 |
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53 | 53 | | 31, United States Code. 21 |
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54 | 54 | | (b) L |
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55 | 55 | | EGALTENDER.—The coins minted under this 22 |
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56 | 56 | | Act shall be legal tender, as provided in section 5103 of 23 |
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57 | 57 | | title 31, United States Code. 24 |
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59 | 59 | | mprince on LAP1J3WLY3PROD with $$_JOB 3 |
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60 | 60 | | •HR 2257 IH |
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61 | 61 | | (c) NUMISMATICITEMS.—For purposes of section 1 |
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62 | 62 | | 5134 of title 31, United States Code, all coins minted 2 |
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63 | 63 | | under this Act shall be considered to be numismatic items. 3 |
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64 | 64 | | SEC. 103. DESIGN OF COINS. 4 |
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65 | 65 | | (a) D |
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66 | 66 | | ESIGNREQUIREMENTS.— 5 |
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67 | 67 | | (1) I |
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68 | 68 | | N GENERAL.—The design of the coins 6 |
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69 | 69 | | minted under this Act shall be emblematic of the 7 |
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70 | 70 | | National Fallen Firefighters Memorial and the serv-8 |
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71 | 71 | | ice and sacrifice of firefighters throughout the his-9 |
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72 | 72 | | tory of the United States. 10 |
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73 | 73 | | (2) D |
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74 | 74 | | ESIGNATION AND INSCRIPTIONS .—On 11 |
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75 | 75 | | each coin minted under this Act there shall be— 12 |
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76 | 76 | | (A) a designation of the value of the coin; 13 |
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77 | 77 | | (B) an inscription of the year ‘‘2026’’; and 14 |
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78 | 78 | | (C) inscriptions of the words ‘‘Liberty’’, 15 |
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79 | 79 | | ‘‘In God We Trust’’, ‘‘United States of Amer-16 |
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80 | 80 | | ica’’, and ‘‘E Pluribus Unum’’. 17 |
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81 | 81 | | (b) S |
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82 | 82 | | ELECTION.—The design for the coins minted 18 |
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83 | 83 | | under this Act shall be— 19 |
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84 | 84 | | (1) selected by the Secretary after consultation 20 |
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85 | 85 | | with the Commission of Fine Arts and the National 21 |
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86 | 86 | | Fallen Firefighters Foundation; and 22 |
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87 | 87 | | (2) reviewed by the Citizens Coinage Advisory 23 |
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88 | 88 | | Committee. 24 |
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90 | 90 | | mprince on LAP1J3WLY3PROD with $$_JOB 4 |
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91 | 91 | | •HR 2257 IH |
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92 | 92 | | SEC. 104. ISSUANCE OF COINS. 1 |
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93 | 93 | | (a) Q |
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94 | 94 | | UALITY OFCOINS.—Coins minted under this 2 |
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95 | 95 | | Act shall be issued in uncirculated and proof qualities. 3 |
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96 | 96 | | (b) M |
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97 | 97 | | INTFACILITIES.—Only 1 facility of the United 4 |
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98 | 98 | | States Mint may be used to strike any particular quality 5 |
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99 | 99 | | of the coins minted under this Act. 6 |
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100 | 100 | | (c) P |
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101 | 101 | | ERIOD FORISSUANCE.—The Secretary may 7 |
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102 | 102 | | issue coins minted under this Act only during the 1-year 8 |
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103 | 103 | | period beginning on January 1, 2026. 9 |
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104 | 104 | | SEC. 105. SALE OF COINS. 10 |
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105 | 105 | | (a) S |
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106 | 106 | | ALEPRICE.—The coins issued under this Act 11 |
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107 | 107 | | shall be sold by the Secretary at a price equal to the sum 12 |
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108 | 108 | | of— 13 |
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109 | 109 | | (1) the face value of the coins; 14 |
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110 | 110 | | (2) the surcharge provided in section 106(a) 15 |
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111 | 111 | | with respect to such coins; and 16 |
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112 | 112 | | (3) the cost of designing and issuing the coins 17 |
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113 | 113 | | (including labor, materials, dies, use of machinery, 18 |
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114 | 114 | | overhead expenses, marketing, and shipping). 19 |
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115 | 115 | | (b) B |
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116 | 116 | | ULKSALES.—The Secretary shall make bulk 20 |
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117 | 117 | | sales of the coins issued under this Act at a reasonable 21 |
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118 | 118 | | discount. 22 |
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119 | 119 | | (c) P |
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120 | 120 | | REPAIDORDERS.— 23 |
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121 | 121 | | (1) I |
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122 | 122 | | N GENERAL.—The Secretary shall accept 24 |
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123 | 123 | | prepaid orders for the coins minted under this Act 25 |
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124 | 124 | | before the issuance of such coins. 26 |
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126 | 126 | | mprince on LAP1J3WLY3PROD with $$_JOB 5 |
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127 | 127 | | •HR 2257 IH |
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128 | 128 | | (2) DISCOUNT.—Sale prices with respect to pre-1 |
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129 | 129 | | paid orders under paragraph (1) shall be at a rea-2 |
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130 | 130 | | sonable discount. 3 |
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131 | 131 | | SEC. 106. SURCHARGES. 4 |
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132 | 132 | | (a) I |
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133 | 133 | | NGENERAL.—All sales of coins issued under this 5 |
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134 | 134 | | Act shall include a surcharge of— 6 |
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135 | 135 | | (1) $35 per coin for the $5 coin; 7 |
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136 | 136 | | (2) $10 per coin for the $1 coin; and 8 |
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137 | 137 | | (3) $5 per coin for the half-dollar coin. 9 |
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138 | 138 | | (b) D |
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139 | 139 | | ISTRIBUTION.—Subject to section 5134(f)(1) of 10 |
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140 | 140 | | title 31, United States Code, all surcharges received by 11 |
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141 | 141 | | the Secretary from the sale of coins issued under this Act 12 |
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142 | 142 | | shall be promptly paid by the Secretary to the National 13 |
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143 | 143 | | Fallen Firefighters Foundation to support the mission and 14 |
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144 | 144 | | programs of the Foundation. 15 |
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145 | 145 | | (c) A |
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146 | 146 | | UDITS.—The National Fallen Firefighters 16 |
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147 | 147 | | Foundation shall be subject to the audit requirements of 17 |
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148 | 148 | | section 5134(f)(2) of title 31, United States Code, with 18 |
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149 | 149 | | regard to the amounts received under subsection (b). 19 |
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150 | 150 | | (d) L |
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151 | 151 | | IMITATION.—Notwithstanding subsection (a), 20 |
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152 | 152 | | no surcharge may be included with respect to the issuance 21 |
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153 | 153 | | under this Act of any coin during a calendar year if, as 22 |
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154 | 154 | | of the time of such issuance, the issuance of such coin 23 |
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155 | 155 | | would result in the number of commemorative coin pro-24 |
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156 | 156 | | grams issued during such year to exceed the annual 2 25 |
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158 | 158 | | mprince on LAP1J3WLY3PROD with $$_JOB 6 |
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159 | 159 | | •HR 2257 IH |
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160 | 160 | | commemorative coin program issuance limitation under 1 |
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161 | 161 | | section 5112(m)(1) of title 31, United States Code (as in 2 |
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162 | 162 | | effect on the date of the enactment of this Act). The Sec-3 |
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163 | 163 | | retary of the Treasury may issue guidance to carry out 4 |
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164 | 164 | | this subsection. 5 |
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165 | 165 | | SEC. 107. FINANCIAL ASSURANCES. 6 |
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166 | 166 | | The Secretary shall take such actions as may be nec-7 |
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167 | 167 | | essary to ensure that— 8 |
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168 | 168 | | (1) minting and issuing coins under this Act 9 |
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169 | 169 | | will not result in any net cost to the United States 10 |
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170 | 170 | | Government; and 11 |
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171 | 171 | | (2) no funds, including applicable surcharges, 12 |
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172 | 172 | | are disbursed to any recipient designated in section 13 |
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173 | 173 | | 106 until the total cost of designing and issuing all 14 |
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174 | 174 | | of the coins authorized by this Act (including labor, 15 |
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175 | 175 | | materials, dies, use of machinery, overhead expenses, 16 |
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176 | 176 | | marketing, and shipping) is recovered by the United 17 |
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177 | 177 | | States Treasury, consistent with sections 5112(m) 18 |
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178 | 178 | | and 5134(f) of title 31, United States Code. 19 |
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179 | 179 | | Æ |
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181 | 181 | | mprince on LAP1J3WLY3PROD with $$_JOB |
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