H.R. 3097 · 114th Congress
Commemorative Coins Reform Act of 2015
- Stage
- In committee
- Sponsor
- Justin Amash
- Introduced
- 2015-07-16
- Latest action
- 2015-07-16 · Introduced in House
Summary
Commemorative Coins Reform Act of 2015
This bill prohibits surcharges generated by the sale of any numismatic item or commemorative coin program from being paid to a non-federal organization, except with respect to sales and production costs.
Surcharges must be used to recover all numismatic operation and program costs allocable to the program under which a numismatic item is produced and sold.
Any excess surcharges must be transferred to the general fund of the Treasury for deficit reduction purposes.