HR10170-118

Introduced

To require the Secretary of the Treasury to mint coins in commemoration of the semiquincentennial anniversary of the establishment of the United States.

118th Congress Introduced Nov 19, 2024

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The Semiquincentennial Commemorative Coin Act requires the U.S. Treasury to mint special coins honoring the 250th anniversary of American independence on July 4, 2026. The coins come in four types: $25 gold coins, $2.50 silver coins, quarter-dollar clad coins, and large 5-ounce proof silver coins. Surcharges from sales go to the America 250 Foundation to fund restoration of National Park System units.

Who Benefits and How

The America 250 Foundation receives all surcharges from coin sales to fund restoration and rehabilitation of National Park sites as a legacy of the 250th anniversary celebration. Coin collectors benefit from new numismatic items. The general public benefits from the preservation of national parks and a tangible commemoration of the nation's founding.

Who Bears the Burden and How

Coin purchasers pay surcharges ranging from $5 to $50 per coin on top of the face value and production costs. The U.S. Mint bears the administrative burden of designing, producing, and marketing the coins, though the bill requires the program to have no net cost to the government.

Key Provisions

  • Authorizes four coin types: up to 100,000 gold coins ($25), 500,000 silver coins ($2.50), 750,000 clad quarters, and 100,000 five-ounce proof silver coins
  • Surcharges of $5 to $50 per coin go to the America 250 Foundation for National Park restoration
  • Coins may only be issued during calendar year 2026
  • The Secretary may increase mintage levels if public demand exceeds initial limits
  • No funds disbursed to the Foundation until the Treasury recovers all production costs

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

Directs the Secretary of the Treasury to mint and issue commemorative coins celebrating the 250th anniversary of American independence, with surcharges funding the America 250 Foundation for National Park restoration.

Key Policy Areas

Commemorative Programs, National Parks, Numismatics

Primary Purpose

Directs the Secretary of the Treasury to mint and issue commemorative coins celebrating the 250th anniversary of American independence, with surcharges funding the America 250 Foundation for National Park restoration.

Policy Domains

Commemorative Programs National Parks Numismatics

Whole Bill

Identified Gains
  • America 250 Foundation
  • National Park System
  • Coin Collectors
Model: N/A | Version: bill_summary_v2 | Source: ih
Coin Collectors:
National Park System:
America 250 Foundation:
Identified Costs
  • Coin Purchasers (Surcharges)
  • U.S. Mint (Administrative)
Model: N/A | Version: bill_summary_v2 | Source: ih
U.S. Mint (Administrative):
Coin Purchasers (Surcharges):

Legislative Progress

Introduced
Introduced Committee Passed
Nov 19, 2024

Ms. Malliotakis introduced the following bill; which was referred to …

Stakeholder Effects

cui bono?

How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.

Government
4 mentions across 4 clauses
+1 positive -3 negative

Department of the Treasury, National Park Service, US Mint

Positive-direction: National Park Service

Negative-direction: Department of the Treasury, US Mint

Numismatics
1 mention across 1 clause
+1 positive

Coin collectors and numismatists

Nonprofits
1 mention across 1 clause
+1 positive

America 250 Foundation

5/8
sections analyzed
Full impact breakdown

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Commemorative Programs National Parks Numismatics
Actor Mappings
"America 250 Foundation"
→ Designated recipient of surcharges for National Park restoration
"Commission of Fine Arts"
→ Consulted on coin designs
"Secretary of the Treasury"
→ Directs coin minting, sets sale prices, manages surcharges
"Semiquincentennial Commission"
→ Consulted on coin designs
"Citizens Coinage Advisory Committee"
→ Reviews coin designs

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology