S. 2579: United States Army Commemorative Coin Act of 2008
United States Army Commemorative Coin Act of 2008 – Instructs the Secretary of the Treasury to mint and issue $5 gold coins, $1 silver coins, and half dollar clad coins as numismatic items emblematic of the traditions, history, and heritage of the U.S. Army, and its role in American society from the Colonial period to today.
Requires the design for such coins to contain motifs that honor specifically the American soldier of both today and yesterday, in wartime and in peace, consistent with the traditions and heritage of the U.S. Army, the mission and goals of the National Museum of the U.S. Army, and the missions and goals of the Army Historical Foundation.
Restricts coin issuance to the one-year period beginning on January 1, 2011.
Requires all surcharges from coin sales to be promptly paid by the Secretary to the Foundation to help finance the National Museum of the U.S. Army.
Full Bill Text
- Most Recent: S. 2579.ES (Engrossed as Agreed to or Passed by Senate)
- The previous versions of the bill, H.R. 2579.IS, may be viewed online at THOMAS.
Introduced in Senate
Voted on in House
Signed by President
January 30, 2008
October 2, 2008
For a U.S. bill to become law, it must pass both the House of Representatives and the Senate, and then get signed by the President.
S. 2579 was introduced in the Senate on Jan. 30, 2008. It passed Oct. 2, 2008 by Unanimous Consent.
*An identicle bill, H.R. 5714, passed in the House on October 3, 2008. This bill was taken up by the Senate and passed by Unanimous Consent on November 17, 2008.
CoinNews Articles on or about S. 2579 or H.R. 5714
October 6, 2008: U.S. Army and Museum Commemorative Gold and Silver Coins Pass Congress
The Senate and House passed legislation late last week seeking to commemorate in 2011 — with gold, silver and clad coins — the legacy and founding of the United States Army Infantry in 1775 and the establishment of the National Infantry Museum and Soldier Center.
February 15, 2008: Legislation Introduced for United States Army Commemorative Coins
A newly introduced Senate bill would create commemorative coins to celebrate the establishment of United States Army, its heritage and role and to honor the men and women who serve and have served.
Sponsor of S. 2579
Bill Actions by Date
- 1/30/2008: Sponsor introductory remarks on measure.
- 1/30/2008: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 10/2/2008: Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
- 10/2/2008: Passed Senate without amendment by Unanimous Consent.
- 10/3/2008 11:26am: Received in the House.
- 10/3/2008: Message on Senate action sent to the House.
- 10/3/2008 5:08pm: Held at the desk.
S 2579 ES (Engrossed as Agreed to or Passed by Senate)
To require the Secretary of the Treasury to mint coins in recognition and celebration of the establishment of the United States Army in 1775, to honor the American soldier of both today and yesterday, in wartime and in peace, and to commemorate the traditions, history, and heritage of the United States Army and its role in American society, from the Colonial period to today.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `United States Army Commemorative Coin Act of 2008′.
SEC. 2. FINDINGS.
Congress finds that–
(1) the United States Army, founded in 1775, has served this country well for over 230 years;
(2) the United States Army has played a decisive role in protecting and defending freedom throughout the history of the United States, from the Colonial period to today, in wartime and in peace, and has consistently answered the call to serve the American people at home and abroad since the Revolutionary War;
(3) the sacrifice of the American soldier, of all ranks, since the earliest days of the Republic has been immense and is deserving of the unique recognition bestowed by commemorative coinage;
(4) the Army, the Nation’s oldest and largest military service, is the only service branch that currently does not have a comprehensive national museum celebrating, preserving, and displaying its heritage and honoring its veterans;
(5) the National Museum of the United States Army will be–
(A) the Army’s only service-wide, national museum honoring all soldiers, of all ranks, in all branches since 1775; and
(B) located at Fort Belvoir, Virginia, across the Potomac River from the Nation’s Capitol, a 10-minute drive from Mount Vernon, the home of the Army’s first Commander-in-Chief, and astride the Civil War’s decisive Washington-Richmond corridor;
(6) the Army Historical Foundation (in this Act referred to as the `Foundation’), founded in 1983–
(A) is dedicated to preserving the history and heritage of the American soldier; and
(B) seeks to educate future Americans to fully appreciate the sacrifices that generations of American soldiers have made to safeguard the freedoms of this Nation;
(7) the completion and opening to the public of the National Museum of the United States Army will immeasurably help in fulfilling that mission;
(8) the Foundation is a nongovernmental, member-based, and publicly supported nonprofit organization that is dependent on funds from members, donations, and grants for support;
(9) the Foundation uses such support to help create the National Museum of the United States Army, refurbish historical Army buildings, acquire and conserve Army historical art and artifacts, support Army history educational programs, for research, and publication of historical materials on the American soldier, and to provide support and counsel to private and governmental organizations committed to the same goals as the Foundation;
(10) in 2000, the Secretary of the Army designated the Foundation as its primary partner in the building of the National Museum of the United States Army; and
(11) the Foundation is actively engaged in executing a major capital campaign to support the National Museum of the United States Army.
SEC. 3. COIN SPECIFICATIONS.
(a) Denominations- In recognition and celebration of the founding of the United States Army in 1775, and notwithstanding any other provision of law, the Secretary of the Treasury (in this Act referred to as the `Secretary’) shall mint and issue the following coins:
(1) $5 GOLD COINS- Not more than 100,000 $5 coins, which shall–
(A) weigh 8.359 grams;
(B) have a diameter of 0.850 inches; and
(C) contain 90 percent gold and 10 percent alloy.
(2) $1 SILVER COINS- Not more than 500,000 $1 coins, which shall–
(A) weigh 26.73 grams;
(B) have a diameter of 1.500 inches; and
(C) contain 90 percent silver and 10 percent copper.
(3) HALF DOLLAR CLAD COINS- Not more than 750,000 half dollar coins, which shall–
(A) weigh 11.34 grams;
(B) have a diameter of 1.205 inches; and
(C) be minted to the specifications for half dollar coins, contained in section 5112(b) of title 31, United States Code.
(b) Legal Tender- The coins minted under this Act shall be legal tender, as provided in section 5103 of title 31, United States Code.
(c) Numismatic Items- For purposes of sections 5134 and 5136 of title 31, United States Code, all coins minted under this Act shall be considered to be numismatic items.
SEC. 4. DESIGN OF COINS.
(a) Design Requirements-
(1) IN GENERAL- The design of the coins minted under this Act shall be emblematic of the traditions, history, and heritage of the United States Army, and its role in American society from the Colonial period to today.
(2) DESIGNATIONS AND INSCRIPTIONS- On each coin minted under this Act, there shall be–
(A) a designation of the value of the coin;
(B) an inscription of the year `2011′; and
(C) inscriptions of the words `Liberty’, `In God We Trust’, `United States of America’, and `E Pluribus Unum’.
(b) Selection- The design for the coins minted under this Act shall–
(1) contain motifs that specifically honor the American soldier of both today and yesterday, in wartime and in peace, such designs to be consistent with the traditions and heritage of the United States Army, the mission and goals of the National Museum of the United States Army, and the missions and goals of the Foundation;
(2) be selected by the Secretary, after consultation with the Secretary of the Army, the Foundation, and the Commission of Fine Arts; and
(3) be reviewed by the Citizens Coinage Advisory Committee.
SEC. 5. ISSUANCE OF COINS.
(a) Quality of Coins- Coins minted under this Act shall be issued in uncirculated and proof qualities.
(b) Mint Facilities- For each of the 3 coins minted under this Act, at least 1 facility of the United States Mint shall be used to strike proof quality coins, while at least 1 other such facility shall be used to strike the uncirculated quality coins.
(c) Period for Issuance- The Secretary may issue coins minted under this Act only during the 1-year period beginning on January 1, 2011.
SEC. 6. SALE OF COINS.
(a) Sale Price- The coins issued under this Act shall be sold by the Secretary at a price equal to the sum of–
(1) the face value of the coins;
(2) the surcharge provided in section 7(a) with respect to such coins; and
(3) the cost of designing and issuing the coins (including labor, materials, dies, use of machinery, overhead expenses, marketing, and shipping).
(b) Bulk Sales- The Secretary shall make bulk sales of the coins issued under this Act at a reasonable discount.
(c) Prepaid Orders-
(1) IN GENERAL- The Secretary shall accept prepaid orders for the coins minted under this Act before the issuance of such coins.
(2) DISCOUNT- Sale prices with respect to prepaid orders under paragraph (1) shall be at a reasonable discount.
SEC. 7. SURCHARGES.
(a) In General- All sales of coins minted under this Act shall include a surcharge as follows:
(1) A surcharge of $35 per coin for the $5 coin.
(2) A surcharge of $10 per coin for the $1 coin.
(3) A surcharge of $5 per coin for the half dollar coin.
(b) Distribution- Subject to section 5134(f) of title 31, United States Code, all surcharges received by the Secretary from the sale of coins issued under this Act shall be promptly paid by the Secretary to the Foundation to help finance the National Museum of the United States Army.
(c) Audits- The Foundation shall be subject to the audit requirements of section 5134(f)(2) of title 31, United States Code, with regard to the amounts received by the Foundation under subsection (b).
(d) Limitation- Notwithstanding subsection (a), no surcharge may be included with respect to the issuance under this Act of any coin during a calendar year if, as of the time of such issuance, the issuance of such coin would result in the number of commemorative coin programs issued during such year to exceed the annual 2-commemorative coin program issuance limitation under section 5112(m)(1) of title 31, United States Code (as in effect on the date of enactment of this Act). The Secretary of the Treasury may issue guidance to carry out this subsection.
Passed the Senate October 2 (legislative day, September 17), 2008.
The following Senate members cosponsored the bill:
- Sen Akaka, Daniel K. [HI] – 2/25/2008
Sen Alexander, Lamar [TN] – 7/14/2008
Sen Barrasso, John [WY] – 7/9/2008
Sen Baucus, Max [MT] – 7/9/2008
Sen Bayh, Evan [IN] – 6/10/2008
Sen Bennett, Robert F. [UT] – 5/13/2008
Sen Biden, Joseph R., Jr. [DE] – 8/1/2008
Sen Bingaman, Jeff [NM] – 5/13/2008
Sen Bond, Christopher S. [MO] – 5/6/2008
Sen Boxer, Barbara [CA] – 6/23/2008
Sen Brown, Sherrod [OH] – 5/13/2008
Sen Brownback, Sam [KS] – 7/16/2008
Sen Burr, Richard [NC] – 6/23/2008
Sen Byrd, Robert C. [WV] – 3/11/2008
Sen Cantwell, Maria [WA] – 7/15/2008
Sen Cardin, Benjamin L. [MD] – 7/14/2008
Sen Carper, Thomas R. [DE] – 7/9/2008
Sen Casey, Robert P., Jr. [PA] – 7/29/2008
Sen Chambliss, Saxby [GA] – 5/13/2008
Sen Clinton, Hillary Rodham [NY] – 4/7/2008
Sen Cochran, Thad [MS] – 6/23/2008
Sen Coleman, Norm [MN] – 7/9/2008
Sen Collins, Susan M. [ME] – 2/25/2008
Sen Conrad, Kent [ND] – 7/29/2008
Sen Corker, Bob [TN] – 7/15/2008
Sen Cornyn, John [TX] – 4/2/2008
Sen Craig, Larry E. [ID] – 5/13/2008
Sen Dole, Elizabeth [NC] – 5/6/2008
Sen Domenici, Pete V. [NM] – 5/6/2008
Sen Durbin, Richard [IL] – 5/13/2008
Sen Ensign, John [NV] – 7/29/2008
Sen Enzi, Michael B. [WY] – 6/18/2008
Sen Feingold, Russell D. [WI] – 7/9/2008
Sen Feinstein, Dianne [CA] – 6/10/2008
Sen Grassley, Chuck [IA] – 7/14/2008
Sen Gregg, Judd [NH] – 9/9/2008
Sen Hagel, Chuck [NE] – 3/13/2008
Sen Harkin, Tom [IA] – 9/9/2008
Sen Hutchison, Kay Bailey [TX] – 7/16/2008
Sen Inhofe, James M. [OK] – 1/30/2008
Sen Isakson, Johnny [GA] – 3/11/2008
Sen Johnson, Tim [SD] – 4/7/2008
Sen Kennedy, Edward M. [MA] – 7/15/2008
Sen Kerry, John F. [MA] – 6/25/2008
Sen Kohl, Herb [WI] – 7/22/2008
Sen Landrieu, Mary L. [LA] – 7/15/2008
Sen Lautenberg, Frank R. [NJ] – 5/13/2008
Sen Leahy, Patrick J. [VT] – 7/15/2008
Sen Levin, Carl [MI] – 4/21/2008
Sen Lieberman, Joseph I. [CT] – 5/6/2008
Sen Lincoln, Blanche L. [AR] – 9/9/2008
Sen Lugar, Richard G. [IN] – 7/22/2008
Sen Martinez, Mel [FL] – 2/28/2008
Sen McCaskill, Claire [MO] – 6/3/2008
Sen McConnell, Mitch [KY] – 7/22/2008
Sen Menendez, Robert [NJ] – 7/14/2008
Sen Mikulski, Barbara A. [MD] – 9/16/2008
Sen Murkowski, Lisa [AK] – 5/20/2008
Sen Murray, Patty [WA] – 7/15/2008
Sen Nelson, Bill [FL] – 6/23/2008
Sen Nelson, E. Benjamin [NE] – 7/9/2008
Sen Obama, Barack [IL] – 7/9/2008
Sen Pryor, Mark L. [AR] – 6/10/2008
Sen Reed, Jack [RI] – 5/20/2008
Sen Roberts, Pat [KS] – 5/13/2008
Sen Rockefeller, John D., IV [WV] – 9/16/2008
Sen Salazar, Ken [CO] – 5/20/2008
Sen Sanders, Bernard [VT] – 9/9/2008
Sen Schumer, Charles E. [NY] – 7/15/2008
Sen Sessions, Jeff [AL] – 4/7/2008
Sen Smith, Gordon H. [OR] – 6/25/2008
Sen Stabenow, Debbie [MI] – 6/23/2008
Sen Stevens, Ted [AK] – 4/7/2008
Sen Sununu, John E. [NH] – 7/22/2008
Sen Tester, Jon [MT] – 5/20/2008
Sen Thune, John [SD] – 4/2/2008
Sen Vitter, David [LA] – 6/3/2008
Sen Voinovich, George V. [OH] – 4/14/2008
Sen Warner, John [VA] – 4/7/2008
Sen Webb, Jim [VA] – 4/21/2008
Sen Whitehouse, Sheldon [RI] – 9/16/2008
Sen Wicker, Roger F. [MS] – 5/13/2008
Sen Wyden, Ron [OR] – 5/20/2008