Arnold Daniel Palmer Commemorative Coin Act

Hozzl · 2024-02-01T08:30:26Z

Explore the details of House Bill 2808 Arnold Daniel Palmer 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.

2/1/2024, 8:30 AM

Summary of Bill HR 2808

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.

Congressional Summary of HR 2808

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.

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Current Status of Bill HR 2808

Bill HR 2808 is currently in the status of Bill Introduced since April 24, 2023. Bill HR 2808 was introduced during Congress 118 and was introduced to the House on April 24, 2023. Bill HR 2808's most recent activity was Referred to the House Committee on Financial Services. as of April 24, 2023

Bipartisan Support of Bill HR 2808

Total Number of Sponsors

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Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 2808

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 2808

Arnold Daniel Palmer Commemorative Coin ActArnold Daniel Palmer Commemorative Coin ActTo require the Secretary of the Treasury to mint commemorative coins in recognition of Arnold Daniel Palmer.

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