To require the Secretary of the Treasury to mint coins in commemoration of the 75th anniversary of what is recognized as the first sanctioning body created to promote a unified series of competitions, with an organized group of race car drivers. The first such recognized race was held at Daytona Beach on February 15, 1948, under the sanctioning of the National Association for Stock Car Auto Racing (NASCAR).
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 bill requires findings This Congress finds the following: On February 15, 2023, the National Association for Stock Car Auto Racing (NASCAR) observed the 75th anniversary of the first race hosted by a sanctioning body, held, requires designs of coins The design of coins minted under this Act shall be emblematic of the National Association for Stock Car Auto Racing and the competitive spirit of American auto racing enthusiasts, and requires financial assurances. It relies on compliance mandates, trade restrictions, and reporting requirements. The main policy areas are Foreign Businesses, Foreign Policy, Criminal Justice, and Finance.
Who Benefits and How
Public beneficiaries or protected communities affected by the clause could face reduced risk, Foreign businesses and cross-border trade participants affected by the bill could face lower compliance burdens, and Disaster response agencies and disaster-affected communities could face lower compliance burdens.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Foreign businesses and cross-border trade participants affected by the bill would take on compliance duties, and Financial services firms and customers affected by the bill would take on compliance duties.
Key Provisions
- Requires findings This Congress finds the following: On February 15, 2023, the National Association for Stock Car Auto Racing (NASCAR) observed the 75th anniversary of the first race hosted by a sanctioning body, held...
- Requires designs of coins The design of coins minted under this Act shall be emblematic of the National Association for Stock Car Auto Racing and the competitive spirit of American auto racing enthusiasts.
- Requires financial assurances.
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
The bill requires findings This Congress finds the following: On February 15, 2023, the National Association for Stock Car Auto Racing (NASCAR) observed the 75th anniversary of the first race hosted by a sanctioning body, held, requires designs of coins The design of coins minted under this Act shall be emblematic of the National Association for Stock Car Auto Racing and the competitive spirit of American auto racing enthusiasts, and requires financial assurances.
Key Policy Areas
Foreign Businesses, Foreign Policy, Criminal Justice, Finance
Primary Purpose
The bill requires findings This Congress finds the following: On February 15, 2023, the National Association for Stock Car Auto Racing (NASCAR) observed the 75th anniversary of the first race hosted by a sanctioning body, held, requires designs of coins The design of coins minted under this Act shall be emblematic of the National Association for Stock Car Auto Racing and the competitive spirit of American auto racing enthusiasts, and requires financial assurances.
Policy Domains
Whole bill
Identified Gains
- Public beneficiaries or protected communities affected by the clause
- Foreign businesses and cross-border trade participants affected by the bill
- Disaster response agencies and disaster-affected communities
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Foreign businesses and cross-border trade participants affected by the bill
- Financial services firms and customers affected by the bill
- Public beneficiaries or protected communities affected by the clause
Sponsors
Legislative Progress
IntroducedMr. Graves of Louisiana (for himself and Mr. Jackson of …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
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