LA28 Olympic and Paralympic Games Commemorative Coin Act

Hozzl · 2022-12-29T17:33:52Z

Explore the details of Senate Bill 4382 LA28 Olympic and Paralympic Games Commemorative Coin Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

12/29/2022, 5:33 PM

Congressional Summary of S 4382

LA28 Olympic and Paralympic Games Commemorative Coin Act

This bill directs the Department of the Treasury to mint coins in commemoration of the 2028 Olympic and Paralympic Games in Los Angeles, California.

All surcharges received by Treasury from the sale of the coins shall be promptly paid by Treasury to the United States Olympic and Paralympic Properties for the objects and purposes related to the hosting of the 2028 Olympic and Paralympic Games and to aid in the execution of its legacy programs, including the promotion of youth sports in the United States.

Treasury is encouraged to develop and execute a marketing and educational program to promote and sell the coins.

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Current Status of Bill S 4382

Bill S 4382 is currently in the status of Bill Introduced since June 13, 2022. Bill S 4382 was introduced during Congress 117 and was introduced to the Senate on June 13, 2022. Bill S 4382's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S2912) as of June 13, 2022