250 Years of Service and Sacrifice Commemorative Coin Act
250 Years of Service and Sacrifice Commemorative Coin Act
Plain Language Summary
# Summary of HR 951: 250 Years of Service and Sacrifice Commemorative Coin Act **What the Bill Would Do** This bill would authorize the U.S. Treasury Department to create and sell special commemorative coins celebrating the 250th anniversary of the United States (the semiquincentennial). The coins would honor the theme of service and sacrifice in American history.
Any profits made from selling these coins—called "surcharges"—would be donated to the Stephen Siller Tunnel to Towers Foundation, a nonprofit organization that supports military members, first responders, and their families. **Who It Affects and Current Status** The bill primarily affects coin collectors and the general public who might purchase these commemorative coins, as well as the Stephen Siller Tunnel to Towers Foundation, which would receive the donation proceeds. The bill is currently in committee, meaning it has been introduced but not yet voted on by the full House of Representatives. No action has been taken to move it forward.
CRS Official Summary
250 Years of Service and Sacrifice Commemorative Coin ActThis bill directs the Department of the Treasury to mint and issue coins in recognition of the United States’ semiquincentennial.All surcharges received by Treasury from the sale of such coins must be paid to the Stephen Siller Tunnel to Towers Foundation.
Latest Action
Referred to the House Committee on Financial Services.