[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[S. 469 Introduced in Senate (IS)]

103d CONGRESS
  1st Session
                                 S. 469

To require the Secretary of the Treasury to mint coins in commemoration 
                    of the Vietnam Women's Memorial.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

               March 2 (legislative day, January 5), 1993

Mr. Warner (for himself, Mr. Durenberger, and Ms. Mikulski) introduced 
the following bill; which was read twice and referred to the Committee 
                 on Banking, Housing, and Urban Affairs

_______________________________________________________________________

                                 A BILL


 
To require the Secretary of the Treasury to mint coins in commemoration 
                    of the Vietnam Women's Memorial.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Vietnam Women's Memorial Coin Act of 
1994''.

SEC. 2. COIN SPECIFICATIONS.

    (a) One-Dollar Silver Coins.--
            (1) Issuance.--The Secretary of the Treasury (hereafter in 
        this Act referred to as the ``Secretary'') shall issue not more 
        than 600,000 one-dollar coins, which shall weigh 26.73 grams, 
        have a diameter of 1.500 inches, and contain 90 percent silver 
        and 10 percent copper.
            (2) Design.--The design of the coins issued under this Act 
        shall be emblematic of the Vietnam Women's Memorial sculpture. 
        On each coin there shall be a designation of the value of the 
        coin, an inscription of the year ``1994'', and inscriptions of 
        the words ``Liberty'', ``In God We Trust'', ``United States of 
        America'', and ``E Pluribus Unum''.
    (b) Legal Tender.--The coins issued under this Act shall be legal 
tender, as provided in section 5103 of title 31, United States Code.

SEC. 3. SOURCES OF BULLION.

    The Secretary shall obtain silver for the coins minted under this 
Act only from stockpiles established under the Strategic and Critical 
Minerals Stock Piling Act (50 U.S.C. 98 et seq.).

SEC. 4. SELECTION OF DESIGN.

    The design for the coins authorized by this Act shall be selected 
by the Secretary after consultation with the Chair of the Vietnam 
Women's Memorial Project, Incorporated. As required by section 5135 of 
title 31, United States Code, the design shall also be reviewed by the 
Citizens Commemorative Advisory Committee.

SEC. 5. ISSUANCE OF COINS.

    (a) Quality of Coins.--Coins minted under this Act shall be issued 
in uncirculated and proof qualities.
    (b) Mint Facility.--Only 1 facility of the United States Mint may 
be used to strike any particular quality of the coins minted under this 
Act.
    (c) Period for Issuance.--The coins authorized under this Act shall 
be available for issue not later than July 4, 1994, and shall be minted 
only during the 1-year period beginning on such date.

SEC. 6. SALE OF COINS.

    (a) Sale Price.--The coins authorized under this Act shall be sold 
by the Secretary at a price equal to the sum of the face value of the 
coins, the surcharge provided in subsection (c) with respect to such 
coins, and the cost of designing and issuing the coins (including 
labor, materials, dies, use of machinery, overhead expenses, marketing, 
and shipping).
    (b) Prepaid Orders.--The Secretary shall accept prepaid orders for 
the coins authorized under this Act prior to the issuance of such 
coins. Sale prices with respect to such prepaid orders shall be at a 
reasonable discount.
    (c) Surcharges.--All sales shall include a surcharge of $10 per 
coin.

SEC. 7. GENERAL WAIVER OF PROCUREMENT REGULATIONS.

    No provision of law governing procurement or public contracts shall 
be applicable to the procurement of goods or services necessary for 
carrying out the provisions of this Act. Nothing in this section shall 
relieve any person entering into a contract under the authority of this 
Act from complying with any law relating to equal employment 
opportunity.

SEC. 8. DISTRIBUTION OF SURCHARGES.

    All surcharges received by the Secretary from the sale of coins 
issued under this Act shall be promptly paid by the Secretary to the 
Vietnam Women's Memorial Project, Incorporated, to be used--
            (1) to establish and maintain an endowment to be a 
        permanent source of support for the Vietnam Women's Memorial;
            (2) for education and research concerning veterans and 
        their families; and
            (3) for the identification and documentation of the more 
        than 250,000 women who served in the Armed Forces of the United 
        States during the Vietnam era.

SEC. 9. AUDITS.

    The Comptroller General shall have the right to examine such books, 
records, documents, and other data of the Vietnam Women's Memorial 
Project, Incorporated, as may be related to the expenditures of amounts 
paid under section 8.

SEC. 10. NUMISMATIC PUBLIC ENTERPRISE FUND.

    The coins issued under this Act are subject to the provisions of 
section 5134 of title 31, United States Code, relating to the 
Numismatic Public Enterprise Fund.

SEC. 11. FINANCIAL ASSURANCES.

    It is the sense of the Congress that this coin program shall be 
self-sustaining, and should be administered to result in no net cost to 
the Numismatic Public Enterprise Fund.

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