119-hr2257

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2257 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 2257

 To require the Secretary of the Treasury to mint and issue coins that 
 are emblematic of the National Fallen Firefighters Memorial and the 
 service and sacrifice of firefighters throughout the history of the 
 United States.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 March 21, 2025

 Mr. Garbarino (for himself, Ms. Pettersen, Mr. Fitzpatrick, Mrs. 
 McClain Delaney, and Mr. Hoyer) introduced the following bill; which 
 was referred to the Committee on Financial Services

_______________________________________________________________________

 A BILL

 To require the Secretary of the Treasury to mint and issue coins that 
 are emblematic of the National Fallen Firefighters Memorial and the 
 service and sacrifice of firefighters throughout the history of the 
 United States.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 101. SHORT TITLE.

 This Act may be cited as the ``National Fallen Firefighters 
Memorial Coin Act''.

SEC. 102. COIN SPECIFICATIONS.

    (a) Denominations.--The Secretary of the Treasury (hereafter in 
this Act referred to as the ``Secretary'') shall mint and issue the 
following coin:

    (1) $5 gold coins.--Not more than 50,000 $5 coins, 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, which 
 shall--
        (A) weigh 26.73 grams;
        (B) have a diameter of 1.500 inches; and
            (C) contain not less than 90 percent silver.

    (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 

section 5134 of title 31, 
United States Code, all coins minted under this Act shall be considered 
to be numismatic items.

SEC. 103. DESIGN OF COINS.

    (a) Design Requirements.--

    (1) In general.--The design of the coins minted under this 
 Act shall be emblematic of the National Fallen Firefighters 
 Memorial and the service and sacrifice of firefighters 
 throughout the history of the United States.

    (2) Designation 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 ``2026''; 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 be--

    (1) selected by the Secretary after consultation with the 
 Commission of Fine Arts and the National Fallen Firefighters 
 Foundation; and

    (2) reviewed by the Citizens Coinage Advisory Committee.

SEC. 104. ISSUANCE OF COINS.

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

    (b) Mint Facilities.--Only 1 facility of the United States Mint may 
be used to strike any particular quality of the coins minted under this 
Act.
            (c) Period for Issuance.--The Secretary may issue coins minted 
under this Act only during the 1-year period beginning on January 1, 
2026.

SEC. 105. 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 106

    (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. 106. SURCHARGES.

    (a) In General.--All sales of coins issued under this Act shall 
include a surcharge of--

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

    (2) $10 per coin for the $1 coin; and

    (3) $5 per coin for the half-dollar 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 Fallen Firefighters Foundation to support the 
mission and programs of the Foundation.
            (c) Audits.--The National Fallen Firefighters 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 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 the enactment of this 
Act). The Secretary of the Treasury may issue guidance to carry out 
this subsection.

SEC. 107. FINANCIAL ASSURANCES.

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

    (1) minting and issuing coins under this Act will not 
 result in any net cost to the United States Government; and

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

section 106 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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