[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[S. 3034 Introduced in Senate (IS)]

111th CONGRESS
  2d Session
                                S. 3034

     To require the Secretary of the Treasury to strike medals in 
   commemoration of the 10th anniversary of the September 11, 2001, 
  terrorist attacks on the United States and the establishment of the 
   National September 11 Memorial & Museum at the World Trade Center.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           February 24, 2010

Mr. Schumer (for himself, Mr. Menendez, Mr. Lautenberg, and Mr. Warner) 
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 strike medals in 
   commemoration of the 10th anniversary of the September 11, 2001, 
  terrorist attacks on the United States and the establishment of the 
   National September 11 Memorial & Museum at the World Trade Center.

    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 ``National September 11 Memorial & 
Museum Commemorative Medal Act of 2010''.

SEC. 2. STRIKING AND DESIGN OF MEDALS.

    (a) Striking of Medals.--In commemoration of the 10th anniversary 
of the September 11, 2001, terrorist attacks on the United States and 
the establishment of the National September 11 Memorial & Museum at the 
World Trade Center, the Secretary of the Treasury (in this Act referred 
to as the ``Secretary'') shall strike and make available for sale not 
more than 2,000,000 silver medals, each of which shall contain 1 ounce 
of silver.
    (b) Design Requirement.--
            (1) In general.--The design of the medals struck under this 
        Act shall be emblematic of the courage, sacrifice, and strength 
        of those individuals who perished in the terrorist attacks of 
        September 11, 2001, the bravery of those who risked their lives 
        to save others that day, and the endurance, resilience, and 
        hope of those who survived.
            (2) Inscriptions.--On each medal struck under this Act, 
        there shall be--
                    (A) an inscription of the years ``2001-2011''; and
                    (B) an inscription of the words ``Always 
                Remember''.
    (c) Selection.--The design for the medals struck under this Act 
shall be--
            (1) selected by the Secretary, after consultation with the 
        National September 11 Memorial & Museum at the World Trade 
        Center and the Commission of Fine Arts; and
            (2) reviewed by the Citizens Coinage Advisory Committee.

SEC. 3. ISSUANCE OF MEDALS.

    (a) Quality of Medals.--The medals struck under this Act shall be 
made available for sale in the quality comparable to proof coins.
    (b) Date of Issuance.--The Secretary may make the medals available 
for sale under this Act beginning on January 1, 2011.
    (c) Termination of Authority.--No medals shall be struck under this 
Act after December 31, 2012.
    (d) Mint Facility.--
            (1) In general.--Only 2 facilities of the United States 
        Mint may be used to strike medals under this Act.
            (2) Use of the united states mints at west point, new york, 
        and philadelphia, pennsylvania.--It is the sense of Congress 
        that, to the extent possible, approximately one-half of the 
        coins to be struck under this Act should be struck at the 
        United States Mint at West Point, New York, and approximately 
        one-half struck at the United States Mint at Philadelphia, 
        Pennsylvania.

SEC. 4. NUMISMATIC ITEMS.

    For purposes of sections 5134 and 5136 of title 31, United States 
Code, all medals struck under this Act shall be considered to be 
numismatic items.

SEC. 5. NATIONAL MEDALS.

    The medals struck under this Act are national medals for purposes 
of chapter 51 of title 31, United States Code.

SEC. 6. SALE OF MEDALS.

    (a) Sales Price.--The medals made available for sale under this Act 
shall be sold by the Secretary at a price equal to the sum of--
            (1) the cost of designing and selling such medals 
        (including labor, materials, dies, use of machinery, overhead 
        expenses, marketing, and shipping); and
            (2) the surcharge provided in section 7 with respect to 
        such medals.
    (b) Bulk Sales.--The Secretary shall make bulk sales of medals made 
available under this Act at a reasonable discount.
    (c) Introductory Orders.--
            (1) In general.--The Secretary shall accept introductory 
        orders for medals made available for sale under this Act.
            (2) Discount.--Sale prices with respect to introductory 
        orders under paragraph (1) shall be made at a reasonable 
        discount.

SEC. 7. SURCHARGES.

    (a) In General.--All sales of medals made available for sale under 
this Act shall include a surcharge of $10 per medal.
    (b) Distribution.--Subject to section 5134(f) of title 31, United 
States Code, all surcharges received by the Secretary from the sale of 
medals under this Act shall be paid to the National September 11 
Memorial & Museum at the World Trade Center to support the operations 
and maintenance of the National September 11 Memorial & Museum at the 
World Trade Center following its completion.
    (c) Audits.--The Comptroller General of the United States shall 
have the right to examine such books, records, documents, and other 
data of the National September 11 Memorial & Museum at the World Trade 
Center as may be related to the expenditures of amounts paid under 
subsection (b).
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