119-hr1993

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1993 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 1993

To require the Secretary of the Treasury to mint coins in commemoration 
of the 25th anniversary of the September 11, 2001, terrorist attacks on 
the United States and to support programs at the National September 11 
 Memorial and Museum at the World Trade Center.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 March 10, 2025

 Mr. Goldman of New York (for himself, Mr. Garbarino, Mr. Lawler, Mr. 
 Nadler, Mr. Latimer, Ms. Tenney, Ms. Malliotakis, Mr. Carson, Mr. 
 McGovern, Mr. Lynch, Mr. Magaziner, Mr. Kennedy of New York, and Mr. 
 Langworthy) introduced the following bill; which was referred to the 
 Committee on Financial Services

_______________________________________________________________________

 A BILL

To require the Secretary of the Treasury to mint coins in commemoration 
of the 25th anniversary of the September 11, 2001, terrorist attacks on 
the United States and to support programs at the National September 11 
 Memorial and Museum at the World Trade Center.

 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 ``25th Anniversary of 9/11 
Commemorative Coin Act''.

SEC. 2. FINDINGS.

 Congress finds the following:

    (1) On September 11, 2001, the United States suffered the 
 deadliest terrorist attacks on United States soil (referred to 
 in this section as ``the attacks'').

    (2) 2,977 people were killed during the attacks, marking 
 the single worst foreign attack on United States soil since 
 Pearl Harbor in 1941.

    (3) In New York City, 2 planes hit the Twin Towers during 
 the attacks, causing both 110-story towers to collapse in less 
 than 2 hours, as well as destroying 5 other buildings in the 
 World Trade Center complex, leaving a death toll of 2,753 
 people, including all passengers and crew members of American 
 Airlines Flight 11 and all passengers and crew members of 
 United Airlines Flight 175.

    (4) During the attacks, American Airlines Flight 77 struck 
 the side of the Pentagon, killing 184 passengers, crew members, 
 and personnel.

    (5) In Pennsylvania, during the attacks, United Airlines 
 Flight 93 crashed near Shanksville, killing all 40 passengers 
 and crew members.

    (6) The attacks took the lives of 441 first responders in 
 New York, specifically 343 firefighters from the New York City 
 Fire Department, 37 officers from the Port Authority Police 
 Department, 23 officers from the New York City Police 
 Department, and 38 individuals from other agencies.

    (7) The collapse of the towers following the attacks 
 created massive dust clouds that left hundreds of densely 
 populated city blocks covered with harmful contaminants, 
 exposing first responders, local workers, residents, and 
 students.

    (8) More than 2 decades after these horrific terrorist 
 attacks took place, the ongoing physical and mental health 
 impacts continue to deeply affect tens of thousands of 
 individuals across the country who were in lower Manhattan and 
 the surrounding area following the attacks, as well as those 
 from around the country who participated in the rescue, 
 recovery, and relief efforts, due to their exposure to the 
 dust, smoke, and debris. Thousands of others have died due to 
 illnesses and injuries relating to the attacks.

    (9) The National September 11 Memorial and Museum at the 
 World Trade Center is continuously dedicated to remembering, 
 reflecting, and educating for many generations to come so that 
 the story of September 11, 2001, is never forgotten.

    (10) The National September 11 Memorial and Museum at the 
 World Trade Center is committed to supporting family members, 
 survivors, rescue and recovery workers, and military personnel 
 who were affected by the attacks by providing services, 
 education, and programming.

SEC. 3. COIN SPECIFICATIONS.

    (a) Denominations.--The Secretary of the Treasury (referred to in 
this Act as the ``Secretary'') shall mint and issue the following coins 
in commemoration of the 25th anniversary of the September 11, 2001, 
terrorist attacks on the United States and the establishment of the 
National September 11 Memorial and Museum at the World Trade Center:

    (1) $5 gold coins.--Not more than 50,000 $5 coins, each of 
 which shall--
        (A) weigh 8.359 grams;
        (B) have a diameter of 0.850 inches; and
            (C) contain not less than 90 percent gold.

    (2) $1 silver coins.--Not more than 400,000 $1 coins, each 
 of which shall--
        (A) weigh 26.73 grams;
        (B) have a diameter of 1.500 inches; and
            (C) contain not less than 90 percent silver.

    (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 designs of the coins minted under this 
 Act shall be emblematic of the courage, sacrifice, and strength 
 of those individuals who perished in the terrorist attacks of 
 September 11, 2001, the bravery of those who risked their lives 
 to save others that day, and the endurance, resilience, and 
 hope of those who survived. At least 1 such coin shall bear the 
 inscription ``Never Forget''.

    (2) Designs and inscriptions.--On each coin minted under 
 this Act, there shall be--
        (A) a designation of the value of the coin;
        (B) inscriptions of the words ``Liberty'', ``In God 
 We Trust'', ``United States of America'', and ``E 
 Pluribus Unum''; and
            (C) an inscription of the words ``25th 
 Anniversary''.

    (b) Selection.--The designs for the coins minted under this Act 
shall be--

    (1) selected by the Secretary, after consultation with--
        (A) the National September 11 Memorial and Museum 
 at the World Trade Center; and
        (B) the Commission of Fine Arts; and

    (2) reviewed by the Citizens Coinage Advisory Committee.

SEC. 5. ISSUANCE OF COINS.

    (a) Quality of Coins.--The coins minted under this Act shall be 
issued in uncirculated and proof qualities.

    (b) Sense of Congress.--It is the sense of Congress that the coins 
minted under this Act should be struck at the United States Mint at 
West Point, New York, to the greatest extent possible.
            (c) Period for Issuance.--The Secretary may issue coins minted 
under this Act only during the 1-year period beginning on January 1, 
2027.

SEC. 6. SALE OF COINS.

    (a) Sale Price.--The coins issued under this Act shall be sold by 
the Secretary at the price equal to the sum of--

    (1) the face value of the coins;

    (2) the surcharge provided in 

section 7

    (a) with respect to 
 the 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 the 
 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 issued under this Act shall 
include a surcharge of--

    (1) $35 per coin for the $5 gold coin; and

    (2) $10 per coin for the $1 silver coin.

    (b) Distribution.--Subject to 

section 5134

    (f)

    (1) 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 National September 11 Memorial and Museum at the World 
Trade Center to support the operations and maintenance of the National 
September 11 Memorial and Museum at the World Trade Center.
            (c) Audits.--The National September 11 Memorial and Museum at the 
World Trade Center shall be subject to the audit requirements of 

section 5134

    (f)

    (2) of title 31, United States Code, with regard to the 
amounts received under subsection

    (b) .
            (d) Limitation.--

    (1) In general.--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 that issuance, the issuance of that coin would result in the 
 number of commemorative coin programs issued during that year 
 to exceed the annual 2 commemorative coin program issuance 
 limitation under 

section 5112
            (m) (1) of title 31, United States 
 Code.

    (2) Guidance.--The Secretary may issue guidance to carry 
 out this subsection.

SEC. 8. FINANCIAL ASSURANCES.

 The Secretary shall take such actions as may be necessary to ensure 
that--

    (1) minting and issuing coins under this Act result in no 
 net cost to the Federal Government; and

    (2) no funds, including applicable surcharges, are 
 disbursed to any recipient designated in 

section 7

    (b) until the 
 total cost of designing and issuing all of the coins authorized 
 by this Act, including labor, materials, dies, use of 
 machinery, overhead expenses, marketing, and shipping, is 
 recovered by the United States Treasury, consistent with 
 sections 5112
            (m) and 5134

    (f) of title 31, United States Code.
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