[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1057 Enrolled Bill (ENR)]
H.R.1057
One Hundred Seventeenth Congress
of the
United States of America
AT THE SECOND SESSION
Begun and held at the City of Washington on Monday,
the third day of January, two thousand and twenty-two
An Act
To require the Secretary of the Treasury to mint coins in commemoration
of the National World War II Memorial in Washington, DC, 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 ``Greatest Generation Commemorative
Coin Act''.
SEC. 2. FINDINGS.
The Congress finds the following:
(1) The National World War II Memorial was dedicated in
Washington, DC, on May 29, 2004, and is located on the east end of
the Reflecting Pool on the National Mall, opposite the Lincoln
Memorial and west of the Washington Monument.
(2) The dedication of the National World War II Memorial was
the culmination of a 17-year effort that started on December 10,
1987 when the World War II Memorial Act was first introduced in the
House of Representatives, and was authorized by an Act of Congress
signed into law on May 25, 1993. Construction began September 4,
2001, after several years of fundraising and public hearings.
(3) Opening to the public on April 29, 2004, the World War II
Memorial is the first national memorial dedicated to all who served
during World War II and acknowledges the commitment and achievement
of the entire Nation.
(4) The Memorial honors the more than 16,000,000 who served in
the Armed Forces of the United States during World War II, the more
than 400,000 who died, and the millions who supported the war
effort from home.
(5) It is a monument to the spirit, sacrifice, and commitment
of the American people to the common defense of the Nation and to
the broader causes of peace and freedom from tyranny throughout the
world.
(6) Today, the Memorial is a top destination for millions of
annual visitors from all over the country and the world. For many
young visitors, their visit to the Memorial is a first glimpse to a
grateful Nation's remembrance of the sacrifices made by the World
War II generation.
(7) For World War II veterans, the Memorial is a special
destination, a rendezvous point, and a gathering place for reunions
and commemoration programs.
(8) The Friends of the National World War II Memorial play a
vital role in the preservation and maintenance of the National
World War II Memorial as a treasure for the American people, while
helping to facilitate key commemorative and educational programs at
the Memorial to pay tribute to America's ``Greatest Generation''
and their efforts to preserve liberty for generations to come.
(9) The National World War II Memorial stands as an important
symbol of America's national unity, a timeless reminder of the
moral strength and power that flows when free people are at once
united and bonded together in a common and just cause for liberty.
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 coin:
(1) $5 gold coins.--Not more than 50,000 $5 coins, which
shall--
(A) weigh 8.359 grams;
(B) have a diameter of 0.850 inches; and
(C) contain not less than 90 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. DESIGNS OF COINS.
(a) Design Requirements.--
(1) In general.--The designs of the coins minted under this Act
shall be emblematic of the National World War II Memorial and the
service and sacrifice of American soldiers and civilians during
World War II.
(2) Designation and inscriptions.--On each coin minted under
this Act there shall be--
(A) a designation of the value of the coin;
(B) an inscription of the year ``2024''; and
(C) inscriptions of the words ``Liberty'', ``In God We
Trust'', ``United States of America'', and ``E Pluribus Unum''.
(b) Selection.--The designs for the coins minted under this Act
shall be--
(1) selected by the Secretary after consultation with the
Commission of Fine Arts and the Friends of the National World War
II Memorial; and
(2) reviewed by the Citizens Coinage Advisory Committee.
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,
2024.
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 such
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 received by the Secretary from the sale of
coins issued under this Act shall be promptly paid by the Secretary to
the Friends of the National World War II Memorial to support the
National Park Service in maintaining and repairing the National World
War II Memorial, and for educational and commemorative programs.
(c) Audits.--The Friends of the National World War II Memorial
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
subsection (b).
(d) Limitation.--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 2 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.
SEC. 8. FINANCIAL ASSURANCES.
The Secretary shall take such actions as may be necessary to ensure
that--
(1) minting and issuing coins under this Act will not result in
any net cost to the United States Government; and
(2) no funds, including applicable surcharges, shall be
disbursed to any recipient designated in section 7 until the total
cost of designing and issuing all of the coins authorized by this
Act (including labor, materials, dies, use of machinery, overhead
expenses, marketing, and shipping) is recovered by the United
States Treasury, consistent with sections 5112(m) and 5134(f) of
title 31, United States Code.
Speaker of the House of Representatives.
Vice President of the United States and
President of the Senate.