National Purple Heart Hall of Honor Commemorative Coin Act

II 116TH CONGRESS 1ST SESSION S. 2042 To require the Secretary of the Treasury to mint coins in commemoration of the National Purple Heart Hall of Honor. IN THE SENATE OF THE UNITED STATES JUNE 27, 2019 Mr. SCHUMER (for himself, Ms. DUCKWORTH, Mrs. GILLIBRAND, and Ms. KLOBUCHAR) introduced the following bill; which was read twice and re- ferred to the Committee on Banking, Housing, and Urban Affairs A BILL To require the Secretary of the Treasury to mint coins in commemoration of the National Purple Heart Hall of Honor. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘National Purple Heart 4 Hall of Honor Commemorative Coin Act’’. 5 SEC. 2. FINDINGS. 6 The Congress finds the following: 7 (1) The mission of the National Purple Heart 8 Hall of Honor is— 9 VerDate Sep 11 2014 04:07 Jul 09, 2019 Jkt 089200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S2042.IS S2042 kjohnson on DSK79L0C42 with BILLS 2 •S 2042 IS (A) to commemorate the extraordinary sac- 1 rifice of servicemembers of the United States 2 who were killed or wounded by enemy action; 3 and 4 (B) to collect and preserve the stories of 5 Purple Heart recipients from all branches of 6 service and across generations to ensure that all 7 recipients are represented. 8 (2) The National Purple Heart Hall of Honor 9 first opened its doors on November 10, 2006, in 10 New Windsor, New York. 11 (3) The National Purple Heart Hall of Honor 12 is colocated with the New Windsor Cantonment 13 State Historic Site. 14 (4) The National Purple Heart Hall of Honor 15 is the first to recognize the estimated 1,800,000 16 servicemembers of the United States wounded or 17 killed in action representing recipients from the Civil 18 War to the present day, serving as a living memorial 19 to their sacrifice by sharing their stories through 20 interviews, exhibits, and the Roll of Honor, an inter- 21 active computer database of each recipient enrolled. 22 VerDate Sep 11 2014 04:07 Jul 09, 2019 Jkt 089200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\S2042.IS S2042 kjohnson on DSK79L0C42 with BILLS 3 •S 2042 IS SEC. 3. COIN SPECIFICATIONS. 1 (a) DENOMINATIONS.—The Secretary of the Treas- 2 ury (hereafter in this Act referred to as the ‘‘Secretary’’) 3 shall mint and issue the following coins: 4 (1) $5 GOLD COINS.—Not more than 50,000 $5 5 coins, which shall— 6 (A) weigh 8.359 grams; 7 (B) have a diameter of 0.850 inches; and 8 (C) contain 90 percent gold and 10 percent 9 alloy. 10 (2) $1 SILVER COINS.—Not more than 400,000 11 $1 coins, which shall— 12 (A) weigh 26.73 grams; 13 (B) have a diameter of 1.500 inches; and 14 (C) contain not less than 90 percent silver. 15 (3) HALF-DOLLAR CLAD COINS.—Not more 16 than 750,000 half-dollar coins which shall— 17 (A) weigh 11.34 grams; 18 (B) have a diameter of 1.205 inches; and 19 (C) be minted to the specifications for half- 20 dollar coins contained in section 5112(b) of title 21 31, United States Code. 22 (b) LEGAL TENDER.—The coins minted under this 23 Act shall be legal tender, as provided in section 5103 of 24 title 31, United States Code. 25 VerDate Sep 11 2014 04:07 Jul 09, 2019 Jkt 089200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\S2042.IS S2042 kjohnson on DSK79L0C42 with BILLS 4 •S 2042 IS (c) NUMISMATIC ITEMS.—For purposes of section 1 5134 of title 31, United States Code, all coins minted 2 under this Act shall be considered to be numismatic items. 3 SEC. 4. DESIGN OF COINS. 4 (a) DESIGN REQUIREMENTS.— 5 (1) IN GENERAL.—The design of the coins 6 minted under this Act shall be emblematic of the 7 mission of the National Purple Heart Hall of Honor. 8 (2) DESIGNATION AND INSCRIPTIONS.—On 9 each coin minted under this Act there shall be— 10 (A) a designation of the value of the coin; 11 (B) an inscription of the year ‘‘2021’’; and 12 (C) inscriptions of the words ‘‘Liberty’’, 13 ‘‘In God We Trust’’, ‘‘United States of Amer- 14 ica’’, and ‘‘E Pluribus Unum’’. 15 (b) SELECTION.—The design for the coins minted 16 under this Act shall be— 17 (1) selected by the Secretary after consultation 18 with the Commission of Fine Arts and the National 19 Purple Heart Hall of Honor, Inc.; and 20 (2) reviewed by the Citizens Coinage Advisory 21 Committee. 22 SEC. 5. ISSUANCE OF COINS. 23 (a) QUALITY OF COINS.—Coins minted under this 24 Act shall be issued in uncirculated and proof qualities. 25 VerDate Sep 11 2014 04:07 Jul 09, 2019 Jkt 089200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6201 E:\BILLS\S2042.IS S2042 kjohnson on DSK79L0C42 with BILLS 5 •S 2042 IS (b) MINT FACILITY.—Only the West Point Mint may 1 be used to strike any particular quality of the coins minted 2 under this Act. 3 (c) PERIOD FOR ISSUANCE.—The Secretary may 4 issue coins minted under this Act only during the 1-year 5 period beginning on January 1, 2021. 6 SEC. 6. SALE OF COINS. 7 (a) SALE PRICE.—The coins issued under this Act 8 shall be sold by the Secretary at a price equal to the sum 9 of— 10 (1) the face value of the coins; 11 (2) the surcharge provided in section 7(a) with 12 respect to such coins; and 13 (3) the cost of designing and issuing the coins 14 (including labor, materials, dies, use of machinery, 15 overhead expenses, marketing, and shipping). 16 (b) BULK SALES.—The Secretary shall make bulk 17 sales of the coins issued under this Act at a reasonable 18 discount. 19 (c) PREPAID ORDERS.— 20 (1) IN GENERAL.—The Secretary shall accept 21 prepaid orders for the coins minted under this Act 22 before the issuance of such coins. 23 VerDate Sep 11 2014 04:07 Jul 09, 2019 Jkt 089200 PO 00000 Frm 00005 Fmt 6652 Sfmt 6201 E:\BILLS\S2042.IS S2042 kjohnson on DSK79L0C42 with BILLS 6 •S 2042 IS (2) DISCOUNT.—Sale prices with respect to pre- 1 paid orders under paragraph (1) shall be at a rea- 2 sonable discount. 3 SEC. 7. SURCHARGES. 4 (a) IN GENERAL.—All sales of coins issued under this 5 Act shall include a surcharge of— 6 (1) $35 per coin for the $5 coin; 7 (2) $10 per coin for the $1 coin; and 8 (3) $5 per coin for the half-dollar coin. 9 (b) DISTRIBUTION.—Subject to section 5134(f)(1) of 10 title 31, United States Code, all surcharges received by 11 the Secretary from the sale of coins issued under this Act 12 shall be promptly paid by the Secretary to the National 13 Purple Heart Hall of Honor, Inc. to support the mission 14 of the National Purple Heart Hall of Honor, Inc., includ- 15 ing capital improvements to the National Purple Heart 16 Hall of Honor facilities. 17 (c) AUDITS.—The National Purple Heart Hall of 18 Honor, Inc. shall be subject to the audit requirements of 19 section 5134(f)(2) of title 31, United States Code, with 20 regard to the amounts received under subsection (b). 21 (d) LIMITATION.—Notwithstanding subsection (a), 22 no surcharge may be included with respect to the issuance 23 under this Act of any coin during a calendar year if, as 24 of the time of such issuance, the issuance of such coin 25 VerDate Sep 11 2014 04:07 Jul 09, 2019 Jkt 089200 PO 00000 Frm 00006 Fmt 6652 Sfmt 6201 E:\BILLS\S2042.IS S2042 kjohnson on DSK79L0C42 with BILLS 7 •S 2042 IS would result in the number of commemorative coin pro- 1 grams issued during such year to exceed the annual 2 2 commemorative coin program issuance limitation under 3 section 5112(m)(1) of title 31, United States Code (as in 4 effect on the date of the enactment of this Act). The Sec- 5 retary of the Treasury may issue guidance to carry out 6 this subsection. 7 Æ VerDate Sep 11 2014 04:07 Jul 09, 2019 Jkt 089200 PO 00000 Frm 00007 Fmt 6652 Sfmt 6301 E:\BILLS\S2042.IS S2042 kjohnson on DSK79L0C42 with BILLS