[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[S.J. Res. 230 Introduced in Senate (IS)]

103d CONGRESS
  2d Session
S. J. RES. 230

 Designating the week beginning October 16, 1994, as ``National Penny 
                Charity Week'', and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

            October 6 (legislative day, September 12), 1994

Mr. Murkowski introduced the following joint resolution; which was read 
          twice and referred to the Committee on the Judiciary

_______________________________________________________________________

                            JOINT RESOLUTION


 
 Designating the week beginning October 16, 1994, as ``National Penny 
                Charity Week'', and for other purposes.

Whereas 170 billion pennies--$1.7 billion--are circulating in the economy;
Whereas financial institutions, merchants, and retail establishments are 
        reporting a shortage of pennies;
Whereas this shortage is a result of American people hoarding their pennies;
Whereas, during fiscal year 1994, the United States Mint will spend $1.64 
        million to produce 13.3 billion pennies in order to counter the effect 
        of hoarding;
Whereas donating hoarded pennies to charities provides the charities with funds, 
        diminishes the shortage of pennies, lowers the demand on the United 
        States Mint to produce additional pennies, and ultimately saves the 
        United States Treasury money;
Whereas Penny Lovers of America is a not-for-profit charitable organization that 
        seeks to promote character, scholarship, and patriotism among America's 
        youth by collecting penny donations to finance their educational 
        pursuits;
Whereas Penny Lovers of America is celebrating its 10th anniversary this year by 
        conducting a penny recycling campaign; and
Whereas ``National Penny Charity Week'' coincides with Penny Lovers of America's 
        ``National Penny Campaign Recycling Project'', both of which will assist 
        in alleviating the penny shortage and raise funds for charitable and 
        community causes: Now, therefore, be it
    Resolved by the Senate and House of Representatives of the United 
States of America in Congress assembled, That the President is 
authorized and requested to issue a proclamation designating the week 
beginning October 16, 1994, as ``National Penny Charity Week'' and to 
call on the people of the United States to observe the week with 
appropriate ceremonies and activities, including the donation of 
pennies to charities, particularly to those charities that provide 
direct services to the underprivileged and disadvantaged population of 
the United States, and to worthy community causes.
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