[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6555 Introduced in House (IH)]

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116th CONGRESS
  2d Session
                                H. R. 6555

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


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 17, 2020

 Mrs. Watson Coleman introduced the following bill; which was referred 
                 to the Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
To amend title 31, United States Code, to require the Secretary of the 
Treasury to mint and issue certain circulating coins in recognition of 
     the United States semiquincentennial, 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 ``United States Semiquincentennial 
Quarter Series Act''.

SEC. 2. FINDINGS.

    The Congress finds the following:
            (1) Circulating collectible coin programs are very popular 
        and generate significant revenue for the United States Mint 
        (referred to in this Act as the ``Mint'') to continue as a 
        self-sustaining enterprise at no cost to the taxpayers.
            (2) During the 50 State Quarters Program (1999-2008), the 
        Mint issued 34.2 billion quarter dollars into circulation, with 
        an average of 3.4 billion quarter dollars annually, generating 
        total circulating and numismatic program revenue of $9.1 
        billion.
            (3) The America the Beautiful Quarters Program (2010-2021) 
        has generated total program revenue of $3.7 billion to date.
            (4) Because the America the Beautiful Quarters Program is 
        scheduled to be discontinued in 2021, authorizing new 
        circulating collectible coin programs will contribute to the 
        longevity and long-term growth of the Mint, serve the public 
        interest, and deliver substantial revenue to the Mint and the 
        Department of the Treasury General Fund that otherwise may not 
        be realized.
            (5) The United States Mint has completed extensive due 
        diligence in evaluating previous circulating collectible coin 
        programs and evaluating the likely success of future efforts.
            (6) July 4, 2026, will be the 250th anniversary of the 
        founding of the United States, with the signing of the 
        Declaration of Independence in 1776. The historic events 
        preceding that anniversary--
                    (A) are of major significance in the development of 
                the national heritage of the United States and its 
                principles of individual liberty, representative 
                government, and the attainment of equal and inalienable 
                rights; and
                    (B) have had a profound influence throughout the 
                world.
            (7) The 114th Congress established the United States 
        Semiquincentennial Commission to plan, develop, and execute 
        programs, projects, and activities to commemorate the 250th 
        anniversary of the United States.

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:
    ``(x) 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 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.
                    ``(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 the 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.''.
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