America’s Olympic and Paralympic Games Commemorative Coins Act
Summary
What This Bill Does
The America's Olympic and Paralympic Games Commemorative Coins Act creates two large commemorative coin programs. For the 2028 Los Angeles Olympic and Paralympic Games, Treasury must mint and issue up to 100,000 $5 gold coins, 500,000 $1 silver coins, 300,000 half-dollar coins, and 100,000 5-ounce proof silver $1 coins, with designs emblematic of U.S. athlete participation in the LA28 Games and selected after consultation with United States Olympic and Paralympic Properties and the Commission of Fine Arts and review by the Citizens Coinage Advisory Committee. Surcharges are $35, $10, $5, and $50 respectively and go to United States Olympic and Paralympic Properties for 2028 hosting purposes and legacy programs including youth sports. The 2034 Winter Games section repeats the same coin caps and surcharge structure for the Salt Lake City Olympic and Paralympic Winter Games, with designs selected after consultation with the 2034 Organizing Committee and surcharges paid to that committee for hosting and legacy ambitions including winter sports programs for young and elite athletes. Both programs allow bulk and prepaid-order discounts, may increase mintage if independent market research shows demand, count against the two-program annual commemorative coin limit, require cost recovery before surcharge disbursement, and must have no net cost to the federal government.
Who Benefits and How
United States Olympic and Paralympic Properties benefits from 2028 coin surcharges for LA28 hosting and youth-sports legacy programs. The 2034 Olympic and Paralympic Winter Games Organizing Committee benefits from surcharges for Salt Lake City hosting and winter-sports legacy programs. U.S. Olympic and Paralympic athletes benefit from public commemoration and legacy-program support tied to the games. Coin collectors benefit from gold, silver, half-dollar, and 5-ounce proof silver Olympic and Paralympic coin options.
Who Bears the Burden and How
The Secretary of the Treasury must design, mint, issue, market, sell, and account for two commemorative coin programs. The United States Mint must recover all design and issuance costs before surcharge disbursement. The organizing entities must satisfy audit requirements for surcharge receipts. Coin purchasers pay surcharges above face value and production costs.
Key Provisions
- Authorizes 2028 LA28 commemorative coins capped at 100,000 gold, 500,000 silver, 300,000 half-dollar, and 100,000 5-ounce proof silver coins.
- Authorizes matching 2034 Salt Lake City Winter Games coin caps and specifications.
- Provides surcharges of $35, $10, $5, and $50 for each program to the designated Olympic and Paralympic organizing entity.
- Requires cost recovery, audit compliance, annual commemorative-program limit compliance, and no net federal cost.
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
Authorizes 2028 Los Angeles and 2034 Salt Lake City Olympic and Paralympic commemorative coin programs with gold, silver, half-dollar, and 5-ounce proof silver coins, surcharges for organizing entities, cost recovery, and no net federal cost.
Key Policy Areas
Commemorative Coins, Olympics, Sports
Primary Purpose
Authorizes 2028 Los Angeles and 2034 Salt Lake City Olympic and Paralympic commemorative coin programs with gold, silver, half-dollar, and 5-ounce proof silver coins, surcharges for organizing entities, cost recovery, and no net federal cost.
Policy Domains
Resolution provisions
Identified Gains
- United States Olympic and Paralympic Properties
- 2034 Olympic and Paralympic Winter Games Organizing Committee
- U.S. Olympic and Paralympic athletes
- Coin collectors
Identified Costs
- Secretary of the Treasury
- United States Mint
- United States Olympic and Paralympic Properties audit staff
- Coin purchasers
Sponsors
Legislative Progress
In CommitteeMr. Sherman (for himself, Mr. Lucas, Mr. Calvert, Ms. Kamlager-Dove, …
Referred to the House Committee on Financial Services.
Introduced in House
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
2034 Olympic and Paralympic Winter Games Organizing Committee, United States Olympic and Paralympic Properties
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
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