[Congressional Record Volume 166, Number 164 (Tuesday, September 22, 2020)]
[House]
[Pages H4705-H4709]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




WOMEN'S HISTORY AND NINETEENTH AMENDMENT CENTENNIAL QUARTER DOLLAR COIN 
                              PROGRAM ACT

  Mr. CLEAVER. Madam Speaker, I ask unanimous consent that the 
Committee on Financial Services be discharged from further 
consideration of the bill (H.R. 1923) to amend title 31, United States 
Code, to require the Secretary of the Treasury to mint and issue 
quarter dollars in commemoration of the Nineteenth Amendment, and for 
other purposes, and ask for its immediate consideration in the House.
  The Clerk read the title of the bill.
  The SPEAKER pro tempore. Is there objection to the request of the 
gentleman from Missouri?
  There was no objection.
  The text of the bill is as follows:

                               H.R. 1923

       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 ``Women's History and 
     Nineteenth Amendment Centennial Quarter Dollar Coin Program 
     Act''.

     SEC. 2. FINDINGS.

       Congress finds the following:
       (1) The tireless and passionate efforts of the suffragists, 
     their supporters, and other stakeholders contributed to the 
     movement to grant and protect the right of all women to vote.
       (2) On August 26, 1920, after a long campaign by 
     suffragists across the country, the United States 
     Constitution was amended

[[Page H4706]]

     with the 19th Amendment, granting women the right to vote.
       (3) On June 24, 1924, all Native Americans were granted 
     citizenship, and by extension the right to vote.
       (4) In 1948, the legal victories of Native American 
     veterans granted protections for the right of all Native men 
     and women to vote.
       (5) On June 27, 1952, the Immigration and Nationality Act 
     of 1952 was enacted, granting citizenship to all individuals 
     of Asian descent, and by extension, the right to vote.
       (6) Enactment of the Voting Rights Act of 1965 on August 6, 
     1965, granted Black women protections to overcome the legal 
     barriers that prevented many from exercising their right to 
     vote even though all Blacks had been granted citizenship in 
     1868 with ratification of the 14th Amendment.
       (7) On August 6, 1975, the amendments to the 
     reauthorization of the Voting Rights Act of 1965 removed 
     language barriers to mitigate discrimination against 
     Hispanic, Asian, and Native American voters.
       (8) It was not until March 29, 1961, when the 23rd 
     Amendment passed that women in Washington, DC, were allowed 
     to vote in all elections.
       (9) Women's history and the movement for women's rights 
     that the suffragists began extends beyond ratification of the 
     Nineteenth Amendment.
       (10) August 26, 2020, marks the centennial of the day that 
     women were granted the right to vote in America.

     SEC. 3. ISSUANCE OF COINS COMMEMORATING THE NINETEENTH 
                   AMENDMENT.

       (a) Amendment to National Sites Quarter Dollar Program.--
     Subsection (t) of section 5112 of title 31, United States 
     Code, is amended--
       (1) in paragraph (1)(A), by striking ``Notwithstanding the 
     fourth sentence of subsection (d)(1) and subsection (d)(2)'' 
     and inserting ``Subject to paragraph (8), and notwithstanding 
     the fourth sentence of subsection (d)(1) and subsection 
     (d)(2)'';
       (2) by striking paragraph (7) and inserting the following:
       ``(7) Period of issuance.--Subject to paragraph (2), the 
     program established under this subsection shall continue in 
     effect until a national site in each State has been honored 
     and shall terminate not later than March 31, 2021.''; and
       (3) by striking paragraph (8) and inserting the following:
       ``(8) Designs starting on january 1, 2021.--
       ``(A) Transition period.--The design of the quarter dollar 
     from January 1, 2021, to March 31, 2021, shall be as follows:
       ``(i) On January 1, 2021, the design shall be the final 
     design of the national sites program established by this 
     subsection.
       ``(ii) On a date selected by the Secretary that is not 
     earlier than January 15, 2021, and not later than March 31, 
     2021, the design shall be the first design selected pursuant 
     to the program described in subsection (x).
       ``(B) Design after end of program.--As of April 1, 2021, 
     the design of the quarter dollar shall be in accordance with 
     subsection (x).''.
       (b) Issuance of Coins Commemorating the Nineteenth 
     Amendment.--Section 5112 of title 31, United States Code, is 
     amended by adding at the end the following:
       ``(x) Redesign and Issuance of Quarter Dollars 
     Commemorating the Ratification of the Nineteenth Amendment.--
       ``(1) Redesign beginning in 2021.--Notwithstanding the 
     fourth sentence of subsection (d)(1) and subsection (d)(2), 
     quarter dollars issued during the period beginning on the 
     date described in subsection (t)(8)(A)(ii) and ending on the 
     date described in paragraph (8) shall have designs on the 
     reverse selected in accordance with this subsection.
       ``(2) Nineteenth amendment quarter dollar design 
     requirements.--
       ``(A) Flexibility with regard to placement of 
     inscriptions.--Notwithstanding subsection (d)(1), the 
     Secretary may select a design for quarter dollars described 
     in paragraph (1) 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 inscription described in the third sentence of 
     subsection (d)(1) or the designation of the value of the coin 
     appears on the obverse side of any such quarter dollars.
       ``(B) Single prominent american woman.--Notwithstanding 
     subsection (d)(1), the design on the reverse of each coin 
     issued under this subsection shall--
       ``(i) be emblematic of the accomplishments and 
     contributions of a prominent woman who was a resident of a 
     State, the District of Columbia, or a territory;
       ``(ii) bear the name of the prominent woman and the State, 
     District of Columbia, or territory; and
       ``(iii) bear other appropriate inscriptions.
       ``(3) Issuance of coins during each year.--
       ``(A) In general.--The designs for the quarter dollar coins 
     issued during each year of the period referred to in 
     paragraph (1) shall be emblematic of the accomplishments and 
     contributions of a prominent woman from a maximum of 5 
     States, the District of Columbia, or territories.
       ``(B) Order of issuance.--The quarter dollar coins issued 
     during each year of the period referred to in paragraph (1) 
     shall be issued in alphabetical order of the area 
     represented, starting with Alabama.
       ``(C) Number of each of coin designs in each year.--The 
     Secretary shall prescribe the number of quarter dollars which 
     shall be issued with each of the designs selected for each 
     year.
       ``(4) Selection of design.--
       ``(A) In general.--Each of the designs required under this 
     subsection for quarter dollar coins shall--
       ``(i) be determined by the Secretary after consultation 
     with the Commission of Fine Arts;
       ``(ii) be reviewed by the Citizens Coinage Advisory 
     Committee; and
       ``(iii) honor or commemorate a woman who has made 
     significant contributions to the lives of individuals of the 
     applicable State, the District of Columbia, or territory.
       ``(B) Selection and approval process.--Designs for quarter 
     dollars may be submitted in accordance with the design 
     selection and approval process developed by the Secretary.
       ``(C) Participation.--The Secretary shall include in design 
     development, to the greatest extent practicable, input by--
       ``(i) the chief executive of the applicable State, District 
     of Columbia, or territory;
       ``(ii) engravers of the United States Mint;
       ``(iii) members of the general public from groups or 
     organizations that are pursuing a mission focused on 
     increasing the inclusion of women or improving the quality of 
     life for women; and
       ``(iv) women's groups and organizations within the 
     applicable State, the District of Columbia, or territory 
     being commemorated that are pursuing a mission focused on 
     increasing the inclusion of women, or improving the quality 
     of life for women.
       ``(D) Standards.--Because it is important that the Nation's 
     coinage and currency bear dignified designs of which the 
     citizens of the United States can be proud, the Secretary 
     shall not select any frivolous or inappropriate design for 
     any coin minted under this subsection.
       ``(E) Prohibition on certain representations.--The design 
     of any quarter dollar under this subsection may not include--
       ``(i) a head and shoulders portrait or bust of any person, 
     living or dead;
       ``(ii) a portrait of a living person; or
       ``(iii) a depiction of an individual in a size such that 
     the coin could be considered to be a `2-headed' coin.
       ``(F) Release of designs.--Not later than December 31, 
     2020, the Secretary shall identify the first 5 women to be 
     honored.
       ``(5) Treatment as numismatic items.--For purposes of 
     sections 5134 and 5136, all coins described under this 
     subsection shall be considered to be numismatic items.
       ``(6) Issuance.--
       ``(A) Quality of coins.--The Secretary may mint and issue 
     such number of quarter dollars of each design selected under 
     paragraph (4) in uncirculated and proof qualities as the 
     Secretary determines to be appropriate.
       ``(B) Silver coins.--Notwithstanding subsection (b), the 
     Secretary may mint and issue such number of quarter dollars 
     of each design selected under paragraph (4) as the Secretary 
     determines to be appropriate, with a content of not less than 
     90 percent silver.
       ``(7) Application in event of the admission of additional 
     state.--If any additional State is admitted into the Union 
     before the termination date described in paragraph (8), the 
     Secretary may issue quarter dollar coins, in accordance with 
     this subsection, with a design which is emblematic of such 
     State during any 1 year of the period described in paragraph 
     (1), in addition to the quarter dollar coins issued during 
     such year in accordance with paragraph (3)(A).
       ``(8) Termination date.--The authority to mint quarter 
     dollar coins pursuant to this subsection shall terminate on 
     December 31 of the year in which the final State or territory 
     has been commemorated with a design pursuant to paragraph 
     (3).
       ``(9) Designs after end of program.--On the first day of 
     the year following the year of the date described in 
     paragraph (8)--
       ``(A) the design on the obverse of the quarter dollar shall 
     revert to the same design containing an image of President 
     Washington in effect for the quarter dollar before the 
     institution of the 50-State quarter dollar program; and
       ``(B) notwithstanding the fourth sentence of subsection 
     (d)(1), the design on the reverse of the quarter dollar shall 
     contain an image of General Washington crossing the Delaware 
     River prior to the Battle of Trenton.
       ``(10) Definitions.--In this subsection:
       ``(A) The term `territory' means the Commonwealth of Puerto 
     Rico, Guam, American Samoa, the United States Virgin Islands, 
     and the Commonwealth of the Northern Mariana Islands.
       ``(B) The term `resident', with respect to a State, the 
     District of Columbia, or a territory, means that a woman 
     resided in such State, the District of Columbia, or such 
     territory for a period of at least 1 consecutive year.
       ``(y) Silver Bullion Investment Product.--
       ``(1) In general.--The Secretary shall strike and make 
     available for sale such number of bullion coins as the 
     Secretary determines to be appropriate that are exact 
     duplicates of the quarter dollars issued under subsection 
     (x), each of which shall--
       ``(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;
       ``(D) bear an inscription of the denomination of such coin, 
     which shall be `quarter dollar'; and
       ``(E) not be minted or issued by the United States Mint as 
     so-called `fractional' bullion

[[Page H4707]]

     coins or in any size other than the size described in 
     subparagraph (A).
       ``(2) Availability for sale.--Bullion coins minted under 
     paragraph (1) shall become available for sale no sooner than 
     the first day of the calendar year in which the circulating 
     quarter dollar coins of which such bullion coins are a 
     duplicate are issued.''.

     SEC. 4. COLLECTION AND RECOGNITION PROGRAM.

       (a) In General.--Not later than April 1, 2020, the 
     Secretary of the Treasury shall initiate a program to promote 
     the collection of, and recognition of the subjects of, the 
     coins authorized under the amendments made by this Act.
       (b) Study Required.--The Secretary shall conduct a study on 
     the progress of the program described in subsection (a).
       (c) Report.--The Secretary shall submit a report to the 
     Congress on the results of the study conducted pursuant to 
     subsection (b).


                    Amendment Offered by Mr. Cleaver

  Mr. CLEAVER. Madam Speaker, I have an amendment at the desk.
  The SPEAKER pro tempore. The Clerk will report the amendment.
  The Clerk read as follows:

       Strike all after the enacting clause and insert the 
     following:

     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

[[Page H4708]]

       ``(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.

  Mr. CLEAVER (during the reading). Madam Speaker, I ask unanimous 
consent to dispense with the reading.
  The SPEAKER pro tempore. Is there objection to the request of the 
gentleman from Missouri?
  There was no objection.
  The amendment was agreed to.
  The bill was ordered to be engrossed and read a third time, was read 
the third time, and passed.
  The title of the bill was amended so as to read: ``A bill 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.''.

[[Page H4709]]

  A motion to reconsider was laid on the table.

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