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Semiquincentennial Commemorative Coin Act
12/31/2022, 5:07 AM
Summary of Bill HR 4429
If passed, this bill would allow for the production of a limited number of coins with designs that honor the significant milestone of the nation's founding. The coins would be available for purchase by the public and collectors, with proceeds going towards funding the costs associated with producing and distributing the coins.
The Semiquincentennial Commemorative Coin Act aims to celebrate and recognize the history and achievements of the United States, while also providing a unique and tangible way for individuals to commemorate this important anniversary. The bill has garnered bipartisan support in Congress and is currently under consideration for passage.
Congressional Summary of HR 4429
Semiquincentennial Commemorative Coin Act
This bill directs the Department of the Treasury to mint and issue $25.00 gold coins, $2.50 silver coins, 25 cent clad coins, and proof silver $2.50 coins in commemoration of the 250th anniversary of the establishment of the United States.
The designs of the coins shall be emblematic of the semiquincentennial anniversary of the establishment of the United States of America and celebrate 250 years of our nation.
On each coin there shall be
- a designation of the value of the coin;
- an inscription of the years 1776-2026; and
- inscriptions of the words Liberty, In God We Trust, United States of America, and E Pluribus Unum.
Treasury may issue coins under this bill only during the period beginning on January 1, 2026, and ending on December 31, 2026.
All sales of coins issued shall include a surcharge as prescribed by this bill.
All surcharges received by Treasury from the sale of such coins shall be paid to the America 250 Foundation to fund the restoration, rehabilitation, and interpretation of units of the U.S. National Park System and its related areas, as a legacy of the semiquincentennial commemoration.
