[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2722 Enrolled Bill (ENR)]
H.R.2722
One Hundred Fourteenth Congress
of the
United States of America
AT THE SECOND SESSION
Begun and held at the City of Washington on Monday,
the fourth day of January, two thousand and sixteen
An Act
To require the Secretary of the Treasury to mint coins in recognition of
the fight against breast cancer.
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 ``Breast Cancer Awareness
Commemorative Coin Act''.
SEC. 2. FINDINGS.
The Congress finds the following:
(1) Breast cancer is the most common cancer among American
women, except for skin cancers. Today, about 1 in 8, or 12 percent
of, women in the United States will develop invasive breast cancer
during their lifetime. This is an increase from 1 in 11, or 9
percent of, women in 1975.
(2) Breast cancer is the second leading cause of cancer death
in women. The chance of dying from breast cancer is about 1 in 36.
Thanks to earlier detection, increased awareness, and improved
treatment, death rates from breast cancer have decreased since
about 1989.
(3) There is a strong interest among the American public to do
more to tackle this disease. The National Cancer Institute
estimates $16.5 billion is spent in the United States each year on
breast cancer treatment. Assuming that incidence and survival rates
follow recent trends, it is estimated that $17.2 billion will be
spent on breast cancer care in the United States in 2014.
(4) Finding a cure for breast cancer is a goal of the United
States Government.
(5) The National Institutes of Health dedicated an estimated
$674 million for breast cancer research in Fiscal Year 2014. In
Fiscal Year 2014, the Department of Defense's Breast Cancer
Research Program received $120 million.
(6) While the National Institutes of Health and the Department
of Defense program on Breast Cancer research remain the largest
funders of breast cancer research in the United States, in 2013,
the National Cancer Institute funding was reduced by nearly $66
million since 2011. The funding level for the Department of Defense
Breast Cancer Research Program has remained consistent since 2012,
however this amount represents a 20-percent decrease from 2011
funding levels.
(7) Additional private sector support for breast cancer
research will help us find cures for breast cancer even faster.
(8) It is estimated that in the United States 231,840 women
will be diagnosed with and 40,290 women will die of cancer of the
breast in 2015. This means that every 13 minutes a woman dies of
breast cancer in the United States.
(9) However, due to disease type and lack of adequate care,
African-American women have the highest death rates of all racial
and ethnic groups overall and are at least 44 percent more likely
to die of breast cancer as compared to other racial and ethnic
groups.
(10) Breast cancer used to be considered a disease of aging but
recent trends show that more aggressive forms of the disease have
been increasingly diagnosed in younger women.
(11) Breast cancer is the most frequently diagnosed cancer
among nearly every racial and ethnic group, including African-
American, American Indian/Alaska Native, Asian/Pacific Islander,
and Hispanic/Latina women.
(12) Clinical advances, resulting from research, have led to
increased survival from breast cancer. Since 1990, death rates from
breast cancer have dropped over 34 percent.
(13) Among men in the United States it is estimated that there
will be 2,350 new cases of invasive breast cancer and 440 breast
cancer deaths in 2015.
(14) At this time there are more than 3.1 million breast cancer
survivors in the United States.
(15) It is estimated that breast cancer costs $12.5 billion in
lost productivity. Such productivity losses will increase with
projected growth rate and aging of the U.S. population if cancer
mortality rates stay constant in the future.
(16) There is a better chance of survival and there are more
treatment options with early stage detection through mammograms and
clinical breast exams.
(17) Breast cancer is the most common cancer in women
worldwide, with an estimated 1.7 million new cases of breast cancer
among women worldwide in 2012.
(18) Breast Cancer Research Foundation (BCRF) is considered one
of the most efficient cancer research charities.
(19) Of every dollar donated to BCRF, $0.91 goes to research
and awareness programs--88 cents towards research and 3 cents
towards awareness.
(20) Founded in 1993, the BCRF has raised more than $500
million to fuel discoveries in tumor biology, genetics, prevention,
treatment, survivorship, and metastasis, making BCRF one of the
largest private funders of breast cancer research in the world. For
2014-2015, BCRF committed $58.6 million in research, including
$11.6 million to the international Evelyn H. Lauder Founder's Fund
focused on metastasis, to support the work of more than 220
researchers at leading medical institutions across 6 continents (25
states and 14 countries).
SEC. 3. COIN SPECIFICATIONS.
(a) Denominations.--The Secretary of the Treasury (hereafter in
this Act referred to as the ``Secretary'') shall mint and issue the
following coins:
(1) $5 gold coins.--Not more than 50,000 $5 gold coins, which
shall--
(A) have a diameter of 0.850 inches; and
(B) be made of ``pink gold'' which contains not less than
75 percent gold.
(2) $1 silver coins.--Not more than 400,000 $1 coins, which
shall--
(A) weigh 26.73 grams;
(B) have a diameter of 1.500 inches; and
(C) contain not less than 90 percent silver.
(3) Half-dollar clad coins.--Not more than 750,000 half-dollar
coins which shall--
(A) weigh 11.34 grams;
(B) have a diameter of 1.205 inches; and
(C) be minted to the specifications for half-dollar coins
contained in section 5112(b) of title 31, United States Code.
(b) Legal Tender.--The coins minted under this Act shall be legal
tender, as provided in section 5103 of title 31, United States Code.
(c) Numismatic Items.--For purposes of sections 5134 and 5136 of
title 31, United States Code, all coins minted under this Act shall be
considered to be numismatic items.
SEC. 4. DESIGN OF COINS.
(a) Design Requirements.--
(1) In general.--The design of the coins minted under this Act
shall be emblematic of the fight against breast cancer.
(2) Designation and inscriptions.--On each coin minted under
this Act there shall be--
(A) a designation of the face value of the coin;
(B) an inscription of the year ``2018''; and
(C) inscriptions of the words ``Liberty'', ``In God We
Trust'', ``United States of America'', and ``E Pluribus Unum''.
(b) Selection.--The design for the coins minted under this Act
shall be selected by the Secretary based on the winning design from a
juried, compensated design competition described under subsection (c).
(c) Design Competition.--
(1) In general.--The Secretary shall hold a competition and
provide compensation for its winner to design the obverse and
reverse of the coins minted under this Act. The competition shall
be judged by an expert jury chaired by the Secretary and consisting
of three members from the Citizens Coinage Advisory Committee who
shall be elected by such Committee and three members from the
Commission of Fine Arts who shall be elected by such Commission.
(2) Proposals.--As part of the competition described in this
subsection, the Secretary may accept proposals from artists,
engravers of the United States Mint, and members of the general
public, and any designs submitted for the design review process
described herein shall be anonymized until a final selection is
made.
(3) Accompanying designs; preference for physical designs.--The
Secretary shall encourage three-dimensional designs to be submitted
as part of the proposals, and the jury shall give a preference for
proposals that are accompanied by a three-dimensional physical
design instead of, or in addition to, an electronic design.
(4) Compensation.--The Secretary shall determine compensation
for the winning design under this subsection, which shall be not
less than $5,000. The Secretary shall take into account this
compensation amount when determining the sale price described in
section 6(a).
SEC. 5. ISSUANCE OF COINS.
(a) Quality of Coins.--Coins minted under this Act shall be issued
in uncirculated and proof qualities.
(b) Period for Issuance.--The Secretary may issue coins minted
under this Act only during the 1-year period beginning on January 1,
2018.
SEC. 6. SALE OF COINS.
(a) Sale Price.--The coins issued under this Act shall be sold by
the Secretary at a price equal to the sum of--
(1) the face value of the coins;
(2) the surcharge provided in section 7(a) with respect to the
coins; and
(3) the cost of designing and issuing the coins (including
labor, materials, dies, use of machinery, overhead expenses,
marketing, and shipping).
(b) Bulk Sales.--The Secretary shall make bulk sales of the coins
issued under this Act at a reasonable discount.
(c) Prepaid Orders.--
(1) In general.--The Secretary shall accept prepaid orders for
the coins minted under this Act before the issuance of such coins.
(2) Discount.--Sale prices with respect to prepaid orders under
paragraph (1) shall be at a reasonable discount.
SEC. 7. SURCHARGES.
(a) In General.--All sales of coins issued under this Act shall
include a surcharge of--
(1) $35 per coin for the $5 coin;
(2) $10 per coin for the $1 coin; and
(3) $5 per coin for the half-dollar coin.
(b) Distribution.--Subject to section 5134(f) of title 31, United
States Code, all surcharges which are received by the Secretary from
the sale of coins issued under this Act shall be promptly paid by the
Secretary to the Breast Cancer Research Foundation, New York, New York,
for the purpose of furthering breast cancer research funded by the
Foundation.
(c) Audits.--The surcharge recipients under subsection (b) shall be
subject to the audit requirements of section 5134(f)(2) of title 31,
United States Code, with regard to the amounts received under that
subsection.
(d) Limitations.--Notwithstanding subsection (a), no surcharge may
be included with respect to the issuance under this Act of any coin
during a calendar year if, as of the time of such issuance, the
issuance of such coin would result in the number of commemorative coin
programs issued during such year to exceed the annual two commemorative
coin program issuance limitation under section 5112(m)(1) of title 31,
United States Code (as in effect on the date of the enactment of this
Act). The Secretary of the Treasury may issue guidance to carry out
this subsection.
Speaker of the House of Representatives.
Vice President of the United States and
President of the Senate.