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house Bill H.R. 2726

Apollo 11 50th Anniversary Commemorative Coin Act

bill Progress


  • EnactedDecember 16th, 2016
    The President signed this bill into law
  • The senate Passed December 10th, 2016
    Passed by Voice Vote
  • The house Passed December 5th, 2016
    Passed by Voice Vote
      house Committees
      Committee on Financial Services
      Committee on the Budget
    IntroducedJune 10th, 2015

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Bill Details

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Title

Apollo 11 50th Anniversary Commemorative Coin Act

Official Title

To require the Secretary of the Treasury to mint commemorative coins in recognition of the 50th anniversary of the first manned landing on the moon.

Summary

(This measure has not been amended since it was passed by the House on December 5, 2016. The summary of that version is repeated here.) Apollo 11 50th Anniversary Commemorative Coin Act (Sec. 3) This bill directs the Department of the Treasury to mint and issue gold, silver, half-dollar clad, and proof silver coins in recognition and celebration of the 50th anniversary of the first manned landing on the moon. (Sec. 5) Treasury may issue coins minted under this bill for only a one-year period, beginning January 1, 2019. (Sec. 7) All sales of coins minted under this bill shall include a surcharge of $35 per gold coin, $10 per silver coin, $5 per half-dollar clad coin, and $50 per proof silver coin. All of the surcharges received from the sale of such coins shall be paid as follows: one-half to the Smithsonian Institution's National Air and Space Museum's "Destination Moon" exhibit; one-quarter to the Astronauts Memorial Foundation; and one-quarter to the Astronaut Scholarship Foundation, to aid its missions by providing college scholarships for the very best and brightest students pursuing degrees in science, technology, engineering, or mathematics (STEM). There may not be any surcharge if issuance of the coin would exceed the annual commemorative coin program issuance limitation. (Sec. 8) Treasury shall ensure that: minting and issuing such coins will not result in any net cost to the federal government; and no funds, including surcharges, will be disbursed to any recipient designated in section 7 until the total cost of designing and issuing all authorized coins is recovered.