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To amend the Convention on Cultural Property Implementation Act to make certain technical corrections to facilitate the lawful trade and collecting of numismatic materials.
2/1/2025, 9:05 AM
Summary of Bill HR 595
The bill seeks to address certain issues and inconsistencies within the current legislation that may be hindering the trade and collecting of numismatic materials. By making these technical corrections, the bill aims to streamline the process for individuals and businesses involved in the numismatic industry, ensuring that they can continue to engage in lawful activities without unnecessary barriers.
Overall, the purpose of Bill 119 hr 595 is to promote the lawful trade and collecting of numismatic materials while also upholding the principles of cultural property protection. It is important to note that this bill is non-partisan and focuses solely on making technical corrections to existing legislation in order to benefit those involved in the numismatic industry.
Congressional Summary of HR 595
This bill revises the standard for providing satisfactory evidence to U.S. Customs and Border Protection (CBP) regarding the importation of numismatic material (i.e., coins, tokens, paper money, medals, and related objects) into the United States.
Current law generally prohibits the importation of designated archaeological or ethnological material that is exported from certain countries that are a party to the 1970 UNESCO Convention on the Means of Prohibiting and Preventing the Illicit Import, Export and Transfer of Ownership of Cultural Property. Importation is allowed if the country issues a certification or other documentation certifying the exportation was not in violation of the country's laws. The United States implements its obligations through the Convention on Cultural Property Implementation Act.
Under current law, CBP must seize imports of designated archaeological or ethnological material unless the importer establishes by certain documentation or satisfactory evidence that the material is admissible into the United States.
This bill specifies the standard for satisfactory evidence with respect to numismatic material. Specifically, the bill allows for the import of numismatic material with evidence that the numismatic material was acquired and exported lawfully, is of a known type, and is not known to be the direct product of illicit excavations within certain countries after the effective date for any import restrictions on such material.
The bill prohibits CBP, when reviewing satisfactory evidence, from requiring other documentation unless there is probable cause to believe the presented evidence is false or fraudulent.
Current Status of Bill HR 595
Bipartisan Support of Bill HR 595
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
4Democrat Cosponsors
1Republican Cosponsors
3Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 595
Primary Policy Focus
Alternate Title(s) of Bill HR 595
Comments

Rebecca Schroeder
1 year ago
I think this bill is good for us, but how will it impact us in the long run?





