[Congressional Record Volume 165, Number 178 (Thursday, November 7, 2019)]
[Senate]
[Pages S6478-S6479]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

      By Mr. SCHUMER (for himself, Mr. Cramer, Mr. Inhofe, Mr. Isakson, 
        Mr. Daines, Mrs. Gillibrand, Ms. Klobuchar, and Ms. Duckworth):
  S. 2815. A bill to require the Secretary of the Treasury to mint 
coins in commemoration of the National Purple Heart Honor Mission; to 
the Committee on Banking, Housing, and Urban Affairs.
  Mr. SCHUMER. Mr. President, I ask unanimous consent that the text of 
the bill be printed in the Record.
  There being no objection, the text of the bill was ordered to be 
printed in the Record, as follows:

                                S. 2815

       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 Purple Heart Honor 
     Mission Commemorative Coin Act''.

     SEC. 2. FINDINGS.

       The Congress finds the following:
       (1) The mission of the National Purple Heart Honor Mission 
     is--
       (A) to commemorate the extraordinary sacrifice of 
     servicemembers of the United States who were killed or 
     wounded by enemy action; and
       (B) to collect and preserve the stories of Purple Heart 
     recipients from all branches of service and across 
     generations to ensure that all recipients are represented.
       (2) The National Purple Heart Honor Mission first opened 
     its doors on November 10, 2006, in New Windsor, New York.
       (3) The National Purple Heart Honor Mission is colocated 
     with the New Windsor Cantonment State Historic Site.
       (4) The National Purple Heart Mission estimates 1,800,000 
     service members of the United States were wounded or killed 
     in action representing recipients from the Civil War to the 
     present day, serving as a living memorial to their sacrifice 
     by sharing their stories through interviews, exhibits, and 
     the Roll of Honor, an interactive computer database of each 
     recipient enrolled.

     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 coins, which 
     shall--
       (A) weigh 8.359 grams;
       (B) have a diameter of 0.850 inches; and
       (C) contain 90 percent gold and 10 percent alloy.
       (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 section 5134 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) Designs Requirements.--
       (1) In general.--The designs of the coins minted under this 
     Act shall be emblematic of the mission of the National Purple 
     Heart Honor Mission.
       (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 ``2022''; 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 National Purple Heart Honor 
     Mission, Inc.; 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, 2022.

     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)(1) 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 National Purple 
     Heart Honor Mission, Inc. to support the mission of the 
     National Purple Heart Honor Mission, Inc., including capital 
     improvements to the National Purple Heart Honor Mission 
     facilities.
       (c) Audits.--The National Purple Heart Honor Mission, Inc. 
     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.

[[Page S6479]]

  


     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 result in no 
     net cost to the Federal Government; and
       (2) no funds, including applicable surcharges, are 
     disbursed to any recipient designated in section 7(b) 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.
                                 ______