[Congressional Record Volume 171, Number 120 (Monday, July 14, 2025)]
[Senate]
[Pages S4337-S4338]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
By Mr. PADILLA (for himself, Mr. Curtis, Mr. Schiff, and Mr.
Mullin):
S. 2265. A bill to require the Secretary of the Treasury to mint
coins in commemoration of the 2028 Olympic and Paralympic Games in Los
Angeles, California, and the 2034 Olympics and Paralympic Winter Games
in Salt Lake City, Utah; to the Committee on Banking, Housing, and
Urban Affairs.
Mr. PADILLA. Mr. President, I rise to introduce the America's Olympic
and Paralympic Games Commemorative Coins Act.
After a 26-year absence, the Olympics are making a big return to
American soil with Los Angeles, CA and Salt Lake City, UT, set to host
the 2028 Olympic and Paralympic Games and the 2034 Olympic and
Paralympic Winter Games, respectively.
The America's Olympic and Paralympic Games Commemorative Coin Act
would direct the Treasury Department to mint and issue coins in
commemoration of these games. The 2028 summer games--or LA28--will be
the ninth time that the United States and the third time that Los
Angeles will host the modern Olympics. The 2034 winter games will be
the 10th time that our Nation and the second time that Salt Lake City
will host the modern Olympics.
The proceeds from the sale of these coins will support the hosting of
the
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2028 and 2034 Games and aid in the execution of their legacy programs,
including the promotion of youth sports in the United States. It is
also worth noting that this bill would come at no cost to the Federal
Government.
As you may know, the United States is one of the only countries with
an Olympic committee that does not receive funding from the Federal
Government. All U.S.-hosted Olympic Games must instead rely on
corporate partnerships, proceeds from broadcast agreements and ticket
sales, and philanthropic contributions.
Historically, Congress has authorized commemorative coins to honor
the Olympic Games and Olympic athletes, including for the 1984, 1996,
and 2002 Olympic Games in the United States. The 2028 games are 3 years
from today, and preparations for this grand event have already been
underway in the region. This legislation can help ensure the 2028 and
2034 games have the resources necessary to be world-class events and
showcase all that America has to offer.
I thank Senators Curtis, Schiff, and Mullin for introducing this
legislation with me in the Senate, as well as Representatives Sherman,
Lucas, Calvert, Kamlager-Dove, and Moore for leading the companion in
the House. I hope all our colleagues will join us in supporting this
bill to ensure that Los Angeles, CA, Salt Lake City, UT, and our entire
Nation are able to put on successful and memorable Olympic and
Paralympic Games.
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