[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1923 Enrolled Bill (ENR)]

        H.R.1923

                     One Hundred Sixteenth Congress

                                 of the

                        United States of America


                          AT THE SECOND SESSION

           Begun and held at the City of Washington on Friday,
            the third day of January, two thousand and twenty


                                 An Act


 
 To amend title 31, United States Code, to require the Secretary of the 
 Treasury to mint and issue certain circulating collectible coins, and 
                           for other purposes.

    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 ``Circulating Collectible Coin 
Redesign Act of 2020''.
SEC. 2. REDESIGNED CIRCULATING COLLECTIBLE COINS.
    Section 5112 of title 31, United States Code, is amended by adding 
at the end the following new subsection:
    ``(x) Redesign and Issuance of Quarter Dollars Emblematic of 
Prominent American Women and Commemorating the 19th Amendment.--
        ``(1) Redesign of quarter dollars beginning in 2022.--
            ``(A) In general.--Effective beginning January 1, 2022, 
        notwithstanding the fourth sentence of subsection (d)(1) and 
        subsection (d)(2), the Secretary of the Treasury shall issue 
        quarter dollars that have designs on the reverse selected in 
        accordance with this subsection which are emblematic of the 
        accomplishment of a prominent American woman.
            ``(B) Flexibility with regard to placement of 
        inscriptions.--Notwithstanding subsection (d)(1), the Secretary 
        may select a design for quarter dollars referred to in 
        subparagraph (A) in which--
                ``(i) the inscription described in the second sentence 
            of subsection (d)(1) appears on the reverse side of any 
            such quarter dollar; and
                ``(ii) any of the inscriptions described in the third 
            sentence of subsection (d)(1) or the designation of the 
            value of the coin appear on the obverse side of any such 
            quarter dollar.
            ``(C) Single prominent american woman on each quarter 
        dollar.--The design on the reverse side of each quarter dollar 
        issued under this subsection shall be emblematic of the 
        accomplishments and contributions of one prominent woman of the 
        United States, and may include contributions to the United 
        States in a wide spectrum of accomplishments and fields, 
        including but not limited to suffrage, civil rights, abolition, 
        government, humanities, science, space, and arts, and should 
        honor women from ethnically, racially, and geographically 
        diverse backgrounds.
            ``(D) Issuance of quarter dollars emblematic of up to five 
        prominent american women each year.--The designs for the 
        quarter dollars issued during each year of the period of 
        issuance described under paragraph (4) shall be emblematic of 
        up to five prominent American women.
            ``(E) Selection of prominent american women generally.--The 
        selection of a prominent American woman to be featured under 
        this subsection shall be made by the Secretary--
                ``(i) in accordance with a selection process developed 
            by the Secretary;
                ``(ii) after soliciting recommendations from the 
            general public for prominent women designs for quarter 
            dollars; and
                ``(iii) in consultation with the Smithsonian 
            Institution American Women's History Initiative, National 
            Women's History Museum, and the Bipartisan Women's Caucus.
        ``(2) Design generally.--The coins issued in accordance with 
    this subsection shall meet the following design requirements--
            ``(A) In general.--All designs under this subsection shall 
        be selected by the Secretary, after consultation with the 
        Commission of Fine Arts and review by the Citizens Coinage 
        Advisory Committee.
            ``(B) Obverse.--The design on the obverse of the quarter 
        dollars shall maintain a likeness of George Washington, and be 
        designed in a manner, such as with incused inscriptions, so as 
        to distinguish it from the obverse design used during the 
        previous quarters program.
        ``(3) Issuance of coins.--The Secretary shall prescribe, on the 
    basis of such factors as the Secretary determines to be 
    appropriate, the number of new designs during each year of the 
    period of issuance, and the number of coins which shall be issued 
    with each of the designs selected for such year.
        ``(4) Period of issuance.--
            ``(A) In general.--The program established under this 
        subsection shall continue in effect until the end of 2025.
            ``(B) Continuity.--After 2025, the Secretary may continue 
        to issue coins minted during the program but not yet issued.''.
SEC. 3. ISSUANCE OF REDESIGNED CIRCULATING COINS EMBLEMATIC OF THE 
UNITED STATES SEMIQUINCENTENNIAL.
    Section 5112 of title 31, United States Code, is amended by adding 
at the end the following new subsection:
    ``(y) Redesign and Issuance of Coins Emblematic of the United 
States Semiquincentennial.--
        ``(1) Redesign beginning in 2026.--
            ``(A) In general.--
                ``(i) Notwithstanding the 4th, 5th, and 6th sentences 
            of subsection (d)(1), the Secretary may change the design 
            on any of the coins authorized under this section and 
            minted for issuance during the one-year period beginning 
            January 1, 2026, in celebration of the United States 
            semiquincentennial.
                ``(ii) Notwithstanding the 2nd and 3rd sentences of 
            subsection (d)(1), the Secretary may place the required 
            inscriptions on either the obverse or reverse sides of the 
            coins authorized for redesign under this subsection.
            ``(B) Quarter dollars.--The Secretary may issue quarter 
        dollars in 2026 with up to five different designs emblematic of 
        the United States semiquincentennial. One of the quarter dollar 
        designs must be emblematic of a woman's or women's contribution 
        to the birth of the Nation or the Declaration of Independence 
        or any other monumental moments in American History.
            ``(C) Dollars.--The Secretary may, in addition to the coins 
        produced under subsections (r) and (w), mint for issuance 
        during the one-year period beginning January 1, 2026, $1 dollar 
        coins with designs emblematic of the United States 
        semiquincentennial.
            ``(D) Designs after end of the program.--Beginning in 2027, 
        any coin redesigned under this subsection shall revert to the 
        immediately previous designs, with the exception of the quarter 
        dollar and the half dollar, which shall bear designs in 
        accordance with subsection (z).
            ``(E) Redesign definition.--A redesign authorized under 
        this subsection shall not constitute a `change' for purposes of 
        subsection (d)(2).
        ``(2) Selection of designs.--
            ``(A) In general.--Each of the designs authorized under 
        this subsection shall be selected by the Secretary after 
        consultation with Commission of Fine Arts and review by the 
        Citizens Coinage Advisory Committee.
            ``(B) Design selection process.--Designs shall be developed 
        and selected in accordance with the design selection process 
        developed by the Secretary in consultation with the United 
        States Semiquincentennial Commission and with recommendations 
        from the general public.''.
SEC. 4. ISSUANCE OF REDESIGNED QUARTER DOLLARS AND HALF DOLLARS 
EMBLEMATIC OF SPORTS PLAYED BY AMERICAN YOUTH.
    Section 5112 of title 31, United States Code, is amended by adding 
at the end the following new subsection:
    ``(z) Redesign and Issuance of Quarter Dollars and Half Dollars 
Emblematic of Sports Played by American Youth.--
        ``(1) Redesign of quarter dollars beginning in 2027.--
            ``(A) In general.--Effective beginning January 1, 2027, 
        notwithstanding the fourth sentence of subsection (d)(1) and 
        subsection (d)(2), the Secretary shall issue quarter dollars 
        that have designs on the reverse selected in accordance with 
        this subsection which are emblematic of sports played by 
        American youth.
            ``(B) Flexibility with regard to placement of 
        inscriptions.--Notwithstanding subsection (d)(1), the Secretary 
        may select a design for quarter dollars referred to in 
        subparagraph (A) in which--
                ``(i) the inscription described in the second sentence 
            of subsection (d)(1) appears on the reverse side of any 
            such quarter dollars; and
                ``(ii) any of the inscriptions described in the third 
            sentence of subsection (d)(1) or the designation of the 
            value of the coin appear on the obverse side of any such 
            quarter dollars.
            ``(C) Single sport on each quarter dollar.--The design on 
        the reverse side of each quarter dollar issued under this 
        subsection shall be emblematic of one sport played by American 
        youth.
            ``(D) Issuance of quarter dollars emblematic of up to five 
        sports each year.--The designs for the quarter dollars issued 
        during each year of the period referred to in paragraph (5) 
        shall be emblematic of up to five sports.
            ``(E) Selection of sports generally.--The Secretary shall 
        select the sports to be honored during each year of the period 
        referred to in paragraph (5) after appropriate outreach and 
        consultation with the public.
        ``(2) Redesign of half dollars beginning in 2027.--
            ``(A) In general.--Effective January 1, 2027, 
        notwithstanding the fourth sentence of subsection (d)(1) and 
        subsection (d)(2), the Secretary shall issue half dollars that 
        have designs on the reverse selected in accordance with this 
        subsection which are emblematic of a sport tailored to athletes 
        with a range of disabilities, including physical impairment, 
        vision impairment and intellectual impairment (referred to in 
        this Act as a `Paralympic' sport).
            ``(B) Flexibility with regard to placement of 
        inscriptions.--Notwithstanding subsection (d)(1), the Secretary 
        may select a design for half dollars referred to in 
        subparagraph (A) in which--
                ``(i) the inscription described in the second sentence 
            of subsection (d)(1) appears on the reverse side of any 
            such half dollars; and
                ``(ii) any of the inscriptions described in the third 
            sentence of subsection (d)(1) or the designation of the 
            value of the coin appear on the obverse side of any such 
            half dollars.
            ``(C) Single paralympic sport on each half dollar.--The 
        design on the reverse side of each half dollar issued under 
        this subsection shall be emblematic of one Paralympic sport.
            ``(D) Selection of sports.--The selection of a Paralympic 
        sport to be honored with a half dollar under this subsection 
        shall be made by the Secretary after consultation with U.S. 
        Paralympics.
        ``(3) Design generally.--The coins issued in accordance with 
    this subsection shall meet the following design requirements:
            ``(A) In general.--All designs under this subsection shall 
        be selected by the Secretary, after consultation with the 
        Commission of Fine Arts and review by the Citizens Coinage 
        Advisory Committee.
            ``(B) Quarter dollar obverse.--The design on the obverse of 
        the quarter dollars shall maintain a likeness of George 
        Washington, and be designed in a manner so as to distinguish it 
        from the obverse design used during the previous quarter 
        dollars program.
            ``(C) Half dollar obverse.--The design on the obverse of 
        the half dollar shall maintain a likeness of John Kennedy, and 
        be designed in a manner so as to distinguish it from the 
        obverse design used on the current half dollar.
        ``(4) Issuance of coins.--
            ``(A) Quarter dollar.--The quarter dollar coins bearing 
        designs under this subsection shall be issued at the rate of up 
        to 5 new designs during each year of the period of issuance 
        described under paragraph (5).
            ``(B) Half dollar.--The half dollar coins bearing designs 
        under this subsection shall be issued at the rate of 1 new 
        design during each year of the period of issuance described 
        under paragraph (5).
        ``(5) Period of issuance.--
            ``(A) In general.--The program established under this 
        subsection shall continue in effect until the end of 2030.
            ``(B) Continuity.--After the date specified in subparagraph 
        (A), the Secretary may continue to issue coins minted during 
        the program but not yet issued.
        ``(6) Accompanying sports medals.--For every design of a coin 
    honoring a sport issued under this subsection, the Secretary is 
    authorized to design and issue one or more accompanying medals with 
    designs emblematic of the sport honored with the issuance of the 
    coin, and include a surcharge on the sale the medals sold in 
    accordance with this paragraph, in an amount determined by the 
    Secretary, in the Secretary's sole discretion, that may be used for 
    the design and manufacture of the medals described in paragraph 
    (7).
        ``(7) Olympic medals.--
            ``(A) In general.--The Secretary is authorized to design 
        and manufacture medals for award at the 2028 Olympic Games in 
        Los Angeles, California.
            ``(B) Working stock.--The Secretary may use Treasury 
        working gold and silver stock in the manufacture of the award 
        medals produced under this subsection.
            ``(C) Olympic & paralympic committees.--The Secretary may 
        provide the medals described in this paragraph to the United 
        States Olympic & Paralympic Committee under terms and 
        conditions established by the Secretary.
            ``(D) Cooperative marketing and promotion opportunities.--
        The Secretary is encouraged to seek out cooperative marketing 
        and promotion opportunities, including with the United States 
        Olympic & Paralympic Committee, LA28, and United States Olympic 
        and Paralympic Properties to promote the coins and medals 
        produced under this section.
        ``(8) Designs after end of program.--Upon the completion or 
    termination of the coin program under this subsection, the designs 
    on the quarter dollar and half dollar shall be as follows:
            ``(A) Quarter dollar.--
                ``(i) Obverse.--The obverse of the quarter dollar shall 
            bear a design containing a likeness of George Washington.
                ``(ii) Reverse.--The reverse of the quarter dollar 
            shall be of a design selected by the Secretary after 
            consultation with the Commission of Fine Arts and review by 
            the Citizens Coinage Advisory Committee.
            ``(B) Half dollar.--
                ``(i) Obverse.--The obverse of the half dollar shall 
            bear a design containing a likeness of John Kennedy.
                ``(ii) Reverse.--The reverse of the half dollar shall 
            be of a design selected by the Secretary after consultation 
            with the Commission of Fine Arts and review by the Citizens 
            Coinage Advisory Committee.''.
SEC. 5. SILVER BULLION COINS.
    Section 5112 of title 31, United States Code, is amended by 
replacing subsection (u) with the following revised subsection:
    ``(u) Silver Bullion Investment Product.--
        ``(1) In general.--The Secretary is authorized to strike and 
    make available for sale such number of bullion coins as the 
    Secretary determines to be appropriate that feature the designs of 
    the quarter dollars and half dollars issued under subsections (x), 
    (y), and (z), that--
            ``(A) have a diameter of 3.0 inches and weigh 5.0 ounces;
            ``(B) contain .999 fine silver;
            ``(C) have incused into the edge the fineness and weight of 
        the bullion coin; and
            ``(D) bear an inscription of the denomination of such 
        coins, such denominations to be determined by the Secretary as 
        the Secretary determines to be appropriate.
        ``(2) Fractionals.--The Secretary is authorized to mint and 
    issue so-called `fractional' silver bullion coins bearing the 
    designs of the quarter dollars and half dollars issued under 
    subsections (x), (y), and (z) in sizes, weights, fineness, and 
    denominations, and with inscriptions, that the Secretary determines 
    to be appropriate.
        ``(3) Availability for sale.--Should the Secretary exercise the 
    Secretary's discretion to strike bullion coins under this 
    subsection, the bullion coins minted under paragraph (1) shall 
    become available for sale no sooner than the first day of the 
    calendar year in which the corresponding circulating quarter dollar 
    or half dollar is issued.
        ``(4) Continuity.--Until the conclusion of the quarter dollar 
    program authorized under subsection (t), the Secretary shall strike 
    and make available for sale such number of bullion coins as the 
    Secretary determines to be appropriate that are likenesses of the 
    quarter dollars issued under subsection (t).''.
SEC. 6. CIRCULATING COLLECTIBLE STANDARDS AND GENERAL PROVISIONS.
    Section 5112 of title 31, United States Code, is amended by adding 
at the end the following new subsection:
    ``(aa) Standards and General Provisions for Circulating Collectible 
Coins Under Subsections (x), (y), and (z).--
        ``(1) Prohibition on certain representations.--No head and 
    shoulders portrait or bust of any person, living or dead, and no 
    portrait of a living person may be included in the design on the 
    reverse of any coin under subsections (x), (y), and (z).
        ``(2) Treatment as numismatic items.--For purposes of sections 
    5134 and 5136, all coins and medals minted under subsections (x), 
    (y), and (z) shall be considered to be numismatic items.
        ``(3) Issuance.--
            ``(A) Quality of coins.--The Secretary may mint and issue 
        such number of coins of each design selected under subsections 
        (x), (y), and (z) in uncirculated and proof qualities as the 
        Secretary determines to be appropriate.
            ``(B) Coordination.--The Board of Governors of the Federal 
        Reserve System and the Secretary shall take steps to ensure 
        that an adequate supply of coins produced under subsections 
        (x), (y), and (z) are available for commerce and collectors at 
        such places and in such quantities as are appropriate.
            ``(C) Number of each coin designs in each year.--Of the 
        coins issued during each year of the period of issuance under 
        subsections (x), (y), and (z), the Secretary shall prescribe, 
        on the basis of such factors as the Secretary determines to be 
        appropriate, the number of coins which shall be issued with 
        each of the designs selected for such year.
            ``(D) Special inscriptions or symbol across the coins.--The 
        Secretary is encouraged to develop and include on any coin 
        issued in accordance with subsections (x), (y), or (z), a 
        unifying inscription, privy mark, or other symbol for that 
        particular coin program.
        ``(4) Legal tender.--The coins minted under subsections (x), 
    (y), and (z) shall be legal tender, as provided in section 5103.
        ``(5) Marketing and educational campaign.--In an effort to 
    advance the collecting of the coins and medals authorized under 
    subsections (x), (y), and (z), and numismatics in general, the 
    Secretary may develop and execute a marketing, advertising, 
    promotional, and educational program to promote the collecting of 
    the coins and medals authorized under subsections (x), (y), and 
    (z). As part of this program, the Secretary is encouraged to seek 
    out appropriate cooperative marketing opportunities, and to develop 
    ancillary derivative products beyond traditional numismatic 
    products such as sports, women, and youth oriented products 
    appropriate to the particular coin and medal program.
        ``(6) Quality of medals.--It is the sense of Congress that the 
    medals authorized under subsection (z) be produced in high relief 
    and, if feasible and cost effective, with surface treatments such 
    as frosting and colorization.''.
SEC. 7. DETERMINATION OF BUDGETARY EFFECTS.
    The budgetary effects of this Act, for the purpose of complying 
with the Statutory Pay-As-You-Go Act of 2010, shall be determined by 
reference to the latest statement titled ``Budgetary Effects of PAYGO 
Legislation'' for this Act, submitted for printing in the Congressional 
Record by the Chairman of the House Budget Committee, provided that 
such statement has been submitted prior to the vote on passage.
SEC. 8. COST.
    No coin or medal minted and issued under this Act, or an amendment 
made by this Act, may be sold at a price such that would result in a 
net cost to the Federal Government.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.