[United States Statutes at Large, Volume 122, 110th Congress, 2nd Session]
[From the U.S. Government Publishing Office, www.gpo.gov]

122 STAT. 4015

Public Law 110-363
110th Congress

An Act


 
To require the Secretary of the Treasury to mint coins in commemoration
of the centennial of the Boy Scouts of America, and for other
purposes. [NOTE: Oct. 8, 2008 -  [H.R. 5872]]

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled, [NOTE: Boy Scouts
of America Centennial Commemorative Coin Act. 31 USC 5112 note.]
SECTION 1. SHORT TITLE.

This Act may be cited as the ``Boy Scouts of America Centennial
Commemorative Coin Act''.
SEC. 2. FINDINGS.

The Congress finds as follows:
(1) The Boy Scouts of America will celebrate its centennial
on February 8, 2010.
(2) The Boy Scouts of America is the largest youth
organization in the United States, with 3,000,000 youth members
and 1,000,000 adult leaders in the traditional programs of Cub
Scouts, Boy Scouts, and Venturing.
(3) Since 1910, more than 111,000,000 youth have
participated in Scouting's traditional programs.
(4) The Boy Scouts of America was granted a Federal charter
in 1916 by an Act of the 64th Congress which was signed into law
by President Woodrow Wilson.
(5) In the 110th Congress, 248 members of the House of
Representative and the Senate have participated in Boy Scouts of
America as Scouts or adult leaders.
(6) The mission of the Boy Scouts of America is ``to prepare
young people to make ethical and moral choices over their
lifetimes by instilling in them the values of the Scout Oath and
Law''.
(7) Every day across our Nation, Scouts and their leaders
pledge to live up the promise in the Scout Oath--``On my honor I
will do my best, To do my duty to God and my country and to obey
the Scout Law; To help other people at all times; To keep myself
physically strong, mentally awake, and morally straight''--and
the Scout Law, according to which a Scout is ``Trustworthy,
Loyal, Helpful, Friendly, Courteous, Kind, Obedient, Cheerful,
Thrifty, Brave, Clean, and Reverent''.
(8) In the past 4 years alone, Scouting youth and their
leaders have volunteered more than 6,500,000 hours of service to
their communities through more than 75,000 service projects,
benefiting food banks, local schools, and civic organizations.

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122 STAT. 4016

SEC. 3. COIN SPECIFICATIONS.

(a) $1 Silver Coins.--The Secretary of the Treasury (hereafter in
this Act referred to as the ``Secretary'') shall mint and issue not more
than 350,000 $1 coins in commemoration of the centennial of the founding
of the Boy Scouts of America, each of which shall--
(1) weigh 26.73 grams;
(2) have a diameter of 1.500 inches; and
(3) contain 90 percent silver and 10 percent copper.

(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. DESIGN OF COINS.

(a) Design Requirements.--
(1) In general.--The design of the coins minted under this
Act shall be emblematic of the 100 years of the largest youth
organization in United States, the Boy Scouts of America.
(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 ``2010''; 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
Chief Scout Executive of the Boy Scouts of America and the
Commission of Fine Arts; 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.--Only 1 facility of the United States Mint may be
used to strike any particular quality of the coins minted under this
Act.
(c) Period for Issuance.--The Secretary may issue coins under this
Act only on or after February 8, 2010, and before January 1, 2011.
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 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.--

[[Page 4017]]
122 STAT. 4017

(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 $10 per 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 paid to the National Boy Scouts of
America Foundation, which funds will be made available to local councils
in the form of grants for the extension of Scouting in hard to serve
areas.
(c) Audits.--The Comptroller General of the United States shall have
the right to examine such books, records, documents, and other data of
the National Boy Scouts of America Foundation as may be related to the
expenditures of amounts paid 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.

Approved October 8, 2008.

LEGISLATIVE HISTORY--H.R. 5872:
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CONGRESSIONAL RECORD, Vol. 154 (2008):
May 13, 15, considered and passed House.
Sept. 27, considered and passed Senate.