Summary of Bill HR 7438
Bill 118 hr 7438, also known as the FIFA World Cup 2026 Commemorative Coin Act, is a piece of legislation introduced in the US Congress. The purpose of this bill is to authorize the minting and issuance of commemorative coins in recognition of the 2026 FIFA World Cup, which is set to be hosted by the United States, Canada, and Mexico.
The bill outlines the design and specifications of the commemorative coins, including their denominations, sizes, and materials. It also establishes a surcharge on the sale of these coins, with the proceeds going towards the United States Soccer Federation Foundation to support programs that promote the growth and development of soccer in the United States.
Additionally, the bill includes provisions for the Secretary of the Treasury to consult with the United States Soccer Federation and the organizing committee of the 2026 FIFA World Cup in order to ensure that the design of the coins accurately reflects the spirit and significance of the event.
Overall, the FIFA World Cup 2026 Commemorative Coin Act aims to celebrate and honor the hosting of the 2026 FIFA World Cup in the United States, Canada, and Mexico through the issuance of commemorative coins that will also support the growth of soccer in the United States.
Congressional Summary of HR 7438
FIFA World Cup 2026 Commemorative Coin Act
This bill directs the Department of the Treasury to mint coins in commemoration of the FIFA World Cup 2026 to be held in the United States, Mexico, and Canada.
All surcharges received by Treasury from the sale of the coins shall be promptly paid by Treasury to FWC2026 US, Inc. (the U.S.-incorporated FIFA subsidiary operating the FIFA Men's World Cup 2026) for the purpose of aiding soccer programs and activities in the United States.