[Congressional Record Volume 166, Number 194 (Monday, November 16, 2020)]
[Senate]
[Pages S6693-S6694]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




       NATIONAL PURPLE HEART HALL OF HONOR COMMEMORATIVE COIN ACT

  Mr. CORNYN. Madam President, I ask unanimous consent that the 
Committee on Banking, Housing, and Urban Affairs be discharged and that 
the Senate proceed to the immediate consideration of H.R. 1830.
  The PRESIDING OFFICER. The clerk will report the bill by title.
  The senior assistant legislative clerk read as follows:

       A bill (H.R. 1830) to require the Secretary of the Treasury 
     to mint coins in commemoration of the National Purple Heart 
     Hall of Honor.

  There being no objection, the committee was discharged, and the 
Senate proceeded to consider the bill.
  Mr. CORNYN. I ask unanimous consent that the Schumer amendment be

[[Page S6694]]

considered and agreed to; that the bill, as amended, be considered read 
a third time and passed; and that the motion to reconsider be 
considered made and laid upon the table with no intervening action or 
debate.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  The amendment (No. 2687) in the nature of a substitute was agreed to, 
as follows

                (Purpose: In the nature of a substitute)

        Strike all after the enacting clause and insert the 
     following:

     SECTION 1. SHORT TITLE.

       This Act may be cited as the ``National Purple Heart Hall 
     of Honor Commemorative Coin Act''.

     SEC. 2. FINDINGS.

       The Congress finds the following:
       (1) The National Purple Heart Hall of Honor's mission is--
       (A) to commemorate the extraordinary sacrifice of America's 
     servicemen and servicewomen 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 Hall of Honor first opened 
     its doors on November 10, 2006, in New Windsor, NY.
       (3) The National Purple Heart Hall of Honor is co-located 
     with the New Windsor Cantonment State Historic Site.
       (4) The National Purple Heart Hall of Honor is the first to 
     recognize the estimated 1.8 million U.S. servicemembers 
     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 National Purple Heart Hall of 
     Honor.
       (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 design 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 Hall of 
     Honor, 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) Mint Facility.--
       (1) In general.--Only 1 facility of the United States Mint 
     may be used to strike any particular quality of the coins 
     minted under this Act.
       (2) Use of the united states mint at west point, new 
     york.--It is the sense of Congress that the coins minted 
     under this Act should be struck at the United States Mint at 
     West Point, New York, to the greatest extent possible.
       (c) 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 Hall of Honor, Inc., to support the mission of the 
     National Purple Heart Hall of Honor, Inc., including capital 
     improvements to the National Purple Heart Hall of Honor 
     facilities.
       (c) Audits.--The National Purple Heart Hall of Honor, 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.

     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.

  The amendment was ordered to be engrossed and the bill to be read a 
third time.
  The bill was read the third time.
  The bill (H.R. 1830), as amended, was passed.

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