[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[S. 1783 Referred in House (RFH)]

103d CONGRESS
  2d Session
                                S. 1783


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                    IN THE HOUSE OF REPRESENTATIVES

                            February 1, 1994

    Referred to the Committee on Banking, Finance and Urban Affairs

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                                 AN ACT


 
 To amend the Mount Rushmore Commemorative Coin Act to allow proceeds 
   from the sale of coins to be used to renovate the Mount Rushmore 
                          National Memorial..

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. USE OF PROCEEDS FROM MOUNT RUSHMORE COMMEMORATIVE COINS.

    (a) Distribution of Surcharges.--Section 8 of the Mount Rushmore 
Commemorative Coin Act (104 Stat. 314; 31 U.S.C. 5112 note) is amended 
by striking paragraphs (1) and (2) and inserting the following:
            ``(1) the first $18,750,000 shall be paid during fiscal 
        year 1994 by the Secretary to the Society to assist the 
        Society's efforts to improve, enlarge, and renovate the Mount 
        Rushmore National Memorial; and
            ``(2) the remainder shall be returned to the Federal 
        Treasury for purposes of reducing the national debt.''.
    (b) Retroactive Effect.--If, prior to the enactment of this Act, 
any amount of surcharges have been received by the Secretary of the 
Treasury and paid into the United States Treasury pursuant to section 
8(1) of the Mount Rushmore Commemorative Coin Act, as in effect prior 
to the enactment of this Act, that amount shall be paid out of the 
Treasury to the extent necessary to comply with section 8(1) of the 
Mount Rushmore Commemorative Coin Act, as in effect after the enactment 
of this Act. Amounts paid pursuant to the preceding sentence shall be 
out of funds not otherwise appropriated.

            Passed the Senate November 24 (legislative day, November 
      23), 1993.

            Attest:

                                             WALTER J. STEWART,

                                                             Secretary.