Arnold Daniel Palmer Commemorative Coin Act

Arnold Daniel Palmer Commemorative Coin Act

This bill directs the Department of the Treasury to mint and issue not more than 50,000 $5 gold coins, 400,000 $1 silver coins, and 750,000 half-dollar clad coins in recognition and celebration of Arnold Palmer.

All surcharges received by Treasury from the sale of such coins must be paid to the Arnold & Winnie Palmer Foundation.

Bill 118 hr 2808, also known as the Arnold Daniel Palmer Commemorative Coin Act, is a piece of legislation introduced in the US Congress. The bill aims to honor the legendary golfer Arnold Palmer by authorizing the minting of a special commemorative coin in his honor.

If passed, the bill would instruct the Secretary of the Treasury to mint and issue coins in recognition of Arnold Palmer's contributions to the sport of golf. The coins would be available in various denominations and designs, with a portion of the proceeds from the sale of the coins going towards the Arnold Palmer Hospital for Children and the Arnold Palmer Medical Center.

The bill has received bipartisan support in Congress, with lawmakers praising Arnold Palmer's impact on the world of golf and his philanthropic efforts. Supporters of the bill argue that a commemorative coin would be a fitting tribute to Palmer's legacy and would help raise funds for important charitable causes. Overall, the Arnold Daniel Palmer Commemorative Coin Act seeks to honor a beloved sports figure and raise awareness for important charitable organizations. If passed, the bill would authorize the minting of a special coin in honor of Arnold Palmer and support the work of the Arnold Palmer Hospital for Children and the Arnold Palmer Medical Center.