119-hr916

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 916 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 916

To require the Secretary of the Treasury to mint commemorative coins in 
 recognition of the life and legacy of Rosa Parks.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 February 4, 2025

Mrs. Beatty (for herself, Ms. Adams, Mr. Amo, Mr. Bell, Mr. Bishop, Ms. 
 Brown, Ms. Brownley, Ms. Bynum, Mr. Carson, Mr. Casten, Mr. Carter of 
 Louisiana, Mrs. Cherfilus-McCormick, Ms. Clarke of New York, Mr. 
Cleaver, Mr. Clyburn, Mr. Conaway, Ms. Crockett, Mr. Davis of Illinois, 
Mr. Davis of North Carolina, Mr. Fields, Mr. Figures, Mrs. Foushee, Mr. 
Frost, Mr. Goldman of New York, Mr. Green of Texas, Mr. Grijalva, Mrs. 
Hayes, Mr. Horsford, Mr. Ivey, Mr. Jackson of Illinois, Mr. Johnson of 
 Georgia, Ms. Johnson of Texas, Ms. Kamlager-Dove, Ms. Kelly of 
Illinois, Mr. Kennedy of New York, Ms. Lee of Pennsylvania, Mr. Lynch, 
 Mrs. McBath, Ms. McClellan, Mrs. McIver, Mr. Meeks, Ms. Moore of 
Wisconsin, Mr. Neguse, Ms. Norton, Ms. Plaskett, Mr. Scott of Virginia, 
 Ms. Sewell, Ms. Simon, Ms. Strickland, Ms. Stevens, Mrs. Sykes, Mr. 
Thanedar, Mr. Thompson of Mississippi, Ms. Tlaib, Mr. Turner of Texas, 
Ms. Underwood, Mr. Vargas, Mr. Veasey, Ms. Waters, Mrs. Watson Coleman, 
 Ms. Williams of Georgia, and Ms. Pressley) introduced the following 
 bill; which was referred to the Committee on Financial Services

_______________________________________________________________________

 A BILL

To require the Secretary of the Treasury to mint commemorative coins in 
 recognition of the life and legacy of Rosa Parks.

 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 ``Rosa Parks Commemorative Coin Act''.

SEC. 2. FINDINGS.

 The Congress finds the following:

    (1) Rosa Parks, widely celebrated as the ``Mother of the 
 Civil Rights Movement'', became an iconic figure when she 
 refused to give up her seat on a segregated bus in Montgomery, 
 Alabama, on December 1, 1955, igniting a pivotal movement that 
 challenged racial segregation and forever altered the course of 
 American history.

    (2) Born on February 4, 1913, in Tuskegee, Alabama, to 
 Leona McCauley, a teacher, and James McCauley, a carpenter, 
 Parks grew up in the segregated South, experiencing firsthand 
 the harsh realities of racial injustice.

    (3) Despite the profound challenges of racial inequality, 
 Parks attended segregated schools in Alabama, graduating high 
 school in 1933, where her education and experiences fueled her 
 lifelong commitment to activism.

    (4) In 1943, Parks became deeply involved with the National 
 Association for the Advancement of Colored People, where she 
 served as Secretary and Youth Leader, investigating cases of 
 racial violence such as the rape of Recy Taylor and the 
 lynching of Emmett Till.

    (5) On December 1, 1955, Parks was arrested for refusing to 
 give up her seat to a White man on a segregated bus in 
 Montgomery, Alabama, an act that led to the historic 381-day 
 Montgomery Bus Boycott by more than 40,000 riders.

    (6) The boycott sparked a legal challenge to Montgomery's 
 bus segregation laws, which culminated in the Supreme Court's 
 landmark decision in Browder v. Gayle declaring bus segregation 
 unconstitutional on November 13, 1956.

    (7) Following the boycott, Parks faced significant personal 
 and economic hardships, including the loss of her job and 
 ongoing threats to her life, yet her determination to fight for 
 justice remained steadfast.

    (8) In 1957, Parks moved to Detroit, Michigan, where she 
 continued her work as an advocate for racial equality, focusing 
 on economic justice, political participation, and racial 
 integration.

    (9) Parks became a global symbol of resistance to racial 
 segregation and injustice, and her act of defiance inspired 
 civil rights movements around the world.

    (10) Throughout her life, Parks remained committed to civil 
 rights activism, participating in marches and speaking 
 engagements, as well as mentoring younger generations of 
 activists, furthering her legacy of leadership in the struggle 
 for racial equality.

    (11) Parks passed away on October 24, 2005, at the age of 
 92, leaving an enduring legacy of courage, resilience, and 
 leadership that continues to inspire social justice and 
 equality advocates across the globe.

    (12) In recognition of her profound impact, Parks became 
 the first woman and second African American to lie in honor in 
 the United States Capitol Rotunda.

    (13) In 1996, President Bill Clinton awarded Parks the 
 Presidential Medal of Freedom, the highest civilian honor 
 bestowed by the President of the United States.

    (14) In 1999, Parks received the Congressional Gold Medal, 
 the highest expression of national appreciation for 
 distinguished achievements and contributions bestowed by the 
 United States Congress.

    (15) Parks' legacy is commemorated through numerous 
 schools, streets, transit stations, and monuments named in her 
 honor, ensuring that her contributions to American history are 
 remembered and celebrated.

    (16) In 2006, Ohio became the first state to designate 
 December 1, the day of Parks' arrest, as Rosa Parks Day, 
 garnering unanimous support from the state legislature and 
 being signed into law by Governor Bob Taft.

    (17) Rosa Parks Day is also celebrated in the states of 
 California, Massachusetts, Michigan, Missouri, and New York on 
 her birthday, February 4, and in Alabama, Oregon, Tennessee, 
 and Texas on December 1.

    (18) It is fitting and proper to recognize and preserve the 
 achievements and impact of Rosa Parks, whose personal 
 sacrifice, unwavering resistance, and inspirational advocacy 
 were essential to the success of the Civil Rights Movement, and 
 whose legacy continues to serve as a beacon of hope and 
 inspiration for future generations.

SEC. 3. COIN SPECIFICATIONS.

    (a) Denominations.--In recognition and celebration of Rosa Parks, 
the Secretary of the Treasury (hereafter in this Act referred to as the 
``Secretary'') shall mint and issue the following coins:

    (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 at least 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 at least 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 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. DESIGNS OF COINS.

    (a) Design Requirements.--

    (1) In general.--The designs of the coins minted under this 
 Act shall be emblematic of the legacy of Rosa Parks as a leader 
 of the Civil Rights Movement. At least one obverse design shall 
 bear the name and likeness of Rosa Parks.

    (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 ``2029''; and
            (C) inscriptions of the words ``Liberty'', ``In God 
 We Trust'', ``United States of America'', and ``E 
 Pluribus Unum''.

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

    (1) selected by the Secretary, after consultation with--
        (A) the Rosa and Raymond Parks Institute for Self 
 Development; 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.--Coins minted under this Act shall be issued 
in uncirculated and proof qualities.

    (b) Period for Issuance.--The Secretary may issue coins minted 
under this Act only during the calendar year beginning on January 1, 
2029.

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 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 minted under this Act shall 
include a surcharge as follows:

    (1) A surcharge of $35 per coin for the $5 coins.

    (2) A surcharge of $10 per coin for the $1 coins.

    (3) A surcharge of $5 per coin for the half-dollar coins.

    (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 Rosa and Raymond Parks Institute for Self Development, 
for the purpose of accomplishing and advancing its mission to carry on 
the work of Rosa Parks in youth development and civil rights education 
and advocacy.
            (c) Audits.--The Rosa and Raymond Parks Institute for Self 
Development 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. 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 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 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, winning design compensation, 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.
 <all>