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Fleet Reserve Association 100th Anniversary Act

12/15/2023, 3:57 PM

Summary of Bill HR 2929

Bill 118 hr 2929, also known as the Fleet Reserve Association 100th Anniversary Act, is a piece of legislation that was introduced in the US Congress to commemorate the 100th anniversary of the Fleet Reserve Association (FRA). The FRA is a non-profit organization that represents the interests of current and former enlisted members of the Navy, Marine Corps, and Coast Guard.

The main purpose of this bill is to recognize the important contributions that the FRA has made to the welfare and well-being of enlisted personnel in the US military. The bill calls for the Secretary of Defense to issue a proclamation honoring the FRA on its 100th anniversary and encourages all Americans to participate in activities and events celebrating this milestone.

Additionally, the bill authorizes the FRA to establish a commemorative program to mark its centennial anniversary, including the production of commemorative coins and medals. The FRA is also encouraged to work with the US Mint to create a special coin to honor its 100 years of service. Overall, the Fleet Reserve Association 100th Anniversary Act is a bipartisan effort to recognize and celebrate the important role that the FRA has played in supporting enlisted members of the US military over the past century. It highlights the dedication and commitment of the FRA to serving the needs of its members and advocating for their interests within the military community.

Congressional Summary of HR 2929

Fleet Reserve Association 100th Anniversary Act

This bill directs the Department of the Treasury to mint and issue 50,000 $5 gold coins, 400,000 $1 silver coins, and 750,000 half-dollar clad coins in recognition and celebration of the 100th anniversary of the Fleet Reserve Association. All sales of coins issued under this bill shall include a surcharge which shall be paid to the Fleet Reserve Association.

Current Status of Bill HR 2929

Bill HR 2929 is currently in the status of Bill Introduced since April 27, 2023. Bill HR 2929 was introduced during Congress 118 and was introduced to the House on April 27, 2023.  Bill HR 2929's most recent activity was Referred to the House Committee on Financial Services. as of April 27, 2023

Bipartisan Support of Bill HR 2929

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
10
Democrat Cosponsors
6
Republican Cosponsors
4
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 2929

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 2929

Fleet Reserve Association 100th Anniversary Act
Fleet Reserve Association 100th Anniversary Act
To require the Secretary of the Treasury to mint commemorative coins in recognition of the 100th anniversary of the Fleet Reserve Association.

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