[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[S. 4730 Introduced in Senate (IS)]
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116th CONGRESS
2d Session
S. 4730
To amend title 31, United States Code, to require the Secretary of the
Treasury to mint and issue quarter dollars in commemoration of the
Nineteenth Amendment, and for other purposes.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
September 24, 2020
Ms. Cortez Masto (for herself, Mrs. Fischer, and Mrs. Feinstein)
introduced the following bill; which was read twice and referred to the
Committee on Banking, Housing, and Urban Affairs
_______________________________________________________________________
A BILL
To amend title 31, United States Code, to require the Secretary of the
Treasury to mint and issue quarter dollars in commemoration of the
Nineteenth Amendment, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Circulating Collectible Coin
Redesign Act of 2020''.
SEC. 2. REDESIGNED CIRCULATING COLLECTIBLE COINS.
Section 5112 of title 31, United States Code, is amended by adding
at the end the following new subsection:
``(x) Redesign and Issuance of Quarter Dollars Emblematic of
Prominent American Women and Commemorating the 19th Amendment.--
``(1) Redesign of quarter dollars beginning in 2022.--
``(A) In general.--Effective beginning January 1,
2022, notwithstanding the fourth sentence of subsection
(d)(1) and subsection (d)(2), the Secretary of the
Treasury shall issue quarter dollars that have designs
on the reverse selected in accordance with this
subsection which are emblematic of the accomplishment
of a prominent American woman.
``(B) Flexibility with regard to placement of
inscriptions.--Notwithstanding subsection (d)(1), the
Secretary may select a design for quarter dollars
referred to in subparagraph (A) in which--
``(i) the inscription described in the
second sentence of subsection (d)(1) appears on
the reverse side of any such quarter dollar;
and
``(ii) any of the inscriptions described in
the third sentence of subsection (d)(1) or the
designation of the value of the coin appear on
the obverse side of any such quarter dollar.
``(C) Single prominent american woman on each
quarter dollar.--The design on the reverse side of each
quarter dollar issued under this subsection shall be
emblematic of the accomplishments and contributions of
one prominent woman of the United States, and may
include contributions to the United States in a wide
spectrum of accomplishments and fields, including but
not limited to suffrage, civil rights, abolition,
government, humanities, science, space, and arts, and
should honor women from ethnically, racially, and
geographically diverse backgrounds.
``(D) Issuance of quarter dollars emblematic of up
to five prominent american women each year.--The
designs for the quarter dollars issued during each year
of the period of issuance described under paragraph (4)
shall be emblematic of up to five prominent American
women.
``(E) Selection of prominent american women
generally.--The selection of a prominent American woman
to be featured under this subsection shall be made by
the Secretary--
``(i) in accordance with a selection
process developed by the Secretary;
``(ii) after soliciting recommendations
from the general public for prominent women
designs for quarter dollars; and
``(iii) in consultation with the
Smithsonian Institution American Women's
History Initiative, National Women's History
Museum, and the Bipartisan Women's Caucus.
``(2) Design generally.--The coins issued in accordance
with this subsection shall meet the following design
requirements--
``(A) In general.--All designs under this
subsection shall be selected by the Secretary, after
consultation with the Commission of Fine Arts and
review by the Citizens Coinage Advisory Committee.
``(B) Obverse.--The design on the obverse of the
quarter dollars shall maintain a likeness of George
Washington, and be designed in a manner, such as with
incused inscriptions, so as to distinguish it from the
obverse design used during the previous quarters
program.
``(3) Issuance of coins.--The Secretary shall prescribe, on
the basis of such factors as the Secretary determines to be
appropriate, the number of new designs during each year of the
period of issuance, and the number of coins which shall be
issued with each of the designs selected for such year.
``(4) Period of issuance.--
``(A) In general.--The program established under
this subsection shall continue in effect until the end
of 2025.
``(B) Continuity.--After 2025, the Secretary may
continue to issue coins minted during the program but
not yet issued.''.
SEC. 3. ISSUANCE OF REDESIGNED CIRCULATING COINS EMBLEMATIC OF THE
UNITED STATES SEMIQUINCENTENNIAL.
Section 5112 of title 31, United States Code, is amended by adding
at the end the following new subsection:
``(y) Redesign and Issuance of Coins Emblematic of the United
States Semiquincentennial.--
``(1) Redesign beginning in 2026.--
``(A) In general.--
``(i) Notwithstanding the 4th, 5th, and 6th
sentences of subsection (d)(1), the Secretary
may change the design on any of the coins
authorized under this section and minted for
issuance during the one-year period beginning
January 1, 2026, in celebration of the United
States semiquincentennial.
``(ii) Notwithstanding the second and third
sentences of subsection (d)(1), the Secretary
may place the required inscriptions on either
the obverse or reverse sides of the coins
authorized for redesign under this subsection.
``(B) Quarter dollars.--The Secretary may issue
quarter dollars in 2026 with up to five different
designs emblematic of the United States
semiquincentennial. One of the quarter dollar designs
must be emblematic of a woman's or women's contribution
to the birth of the Nation or the Declaration of
Independence or any other monumental moments in
American History.
``(C) Dollars.--The Secretary may, in addition to
the coins produced under subsections (r) and (w), mint
for issuance during the one-year period beginning
January 1, 2026, $1 dollar coins with designs
emblematic of the United States semiquincentennial.
``(D) Designs after end of the program.--Beginning
in 2027, any coin redesigned under this subsection
shall revert to the immediately previous designs, with
the exception of the quarter dollar and the half
dollar, which shall bear designs in accordance with
subsection (z).
``(E) Redesign definition.--A redesign authorized
under this subsection shall not constitute a `change'
for purposes of subsection (d)(2).
``(2) Selection of designs.--
``(A) In general.--Each of the designs authorized
under this subsection shall be selected by the
Secretary after consultation with Commission of Fine
Arts and review by the Citizens Coinage Advisory
Committee.
``(B) Design selection process.--Designs shall be
developed and selected in accordance with the design
selection process developed by the Secretary in
consultation with the United States Semiquincentennial
Commission and with recommendations from the general
public.''.
SEC. 4. ISSUANCE OF REDESIGNED QUARTER DOLLARS AND HALF DOLLARS
EMBLEMATIC OF SPORTS PLAYED BY AMERICAN YOUTH.
Section 5112 of title 31, United States Code, is amended by adding
at the end the following new subsection:
``(z) Redesign and Issuance of Quarter Dollars and Half Dollars
Emblematic of Sports Played by American Youth.--
``(1) Redesign of quarter dollars beginning in 2027.--
``(A) In general.--Effective beginning January 1,
2027, notwithstanding the fourth sentence of subsection
(d)(1) and subsection (d)(2), the Secretary shall issue
quarter dollars that have designs on the reverse
selected in accordance with this subsection which are
emblematic of sports played by American youth.
``(B) Flexibility with regard to placement of
inscriptions.--Notwithstanding subsection (d)(1), the
Secretary may select a design for quarter dollars
referred to in subparagraph (A) in which--
``(i) the inscription described in the
second sentence of subsection (d)(1) appears on
the reverse side of any such quarter dollars;
and
``(ii) any of the inscriptions described in
the third sentence of subsection (d)(1) or the
designation of the value of the coin appear on
the obverse side of any such quarter dollars.
``(C) Single sport on each quarter dollar.--The
design on the reverse side of each quarter dollar
issued under this subsection shall be emblematic of one
sport played by American youth.
``(D) Issuance of quarter dollars emblematic of up
to five sports each year.--The designs for the quarter
dollars issued during each year of the period referred
to in paragraph (5) shall be emblematic of up to five
sports.
``(E) Selection of sports generally.--The Secretary
shall select the sports to be honored during each year
of the period referred to in paragraph (5) after
appropriate outreach and consultation with the public.
``(2) Redesign of half dollars beginning in 2027.--
``(A) In general.--Effective January 1, 2027,
notwithstanding the fourth sentence of subsection
(d)(1) and subsection (d)(2), the Secretary shall issue
half dollars that have designs on the reverse selected
in accordance with this subsection which are emblematic
of a sport tailored to athletes with a range of
disabilities, including physical impairment, vision
impairment and intellectual impairment (referred to in
this Act as a `Paralympic' sport).
``(B) Flexibility with regard to placement of
inscriptions.--Notwithstanding subsection (d)(1), the
Secretary may select a design for half dollars referred
to in subparagraph (A) in which--
``(i) the inscription described in the
second sentence of subsection (d)(1) appears on
the reverse side of any such half dollars; and
``(ii) any of the inscriptions described in
the third sentence of subsection (d)(1) or the
designation of the value of the coin appear on
the obverse side of any such half dollars.
``(C) Single paralympic sport on each half
dollar.--The design on the reverse side of each half
dollar issued under this subsection shall be emblematic
of one Paralympic sport.
``(D) Selection of sports.--The selection of a
Paralympic sport to be honored with a half dollar under
this subsection shall be made by the Secretary after
consultation with U.S. Paralympics.
``(3) Design generally.--The coins issued in accordance
with this subsection shall meet the following design
requirements:
``(A) In general.--All designs under this
subsection shall be selected by the Secretary, after
consultation with the Commission of Fine Arts and
review by the Citizens Coinage Advisory Committee.
``(B) Quarter dollar obverse.--The design on the
obverse of the quarter dollars shall maintain a
likeness of George Washington, and be designed in a
manner so as to distinguish it from the obverse design
used during the previous quarter dollars program.
``(C) Half dollar obverse.--The design on the
obverse of the half dollar shall maintain a likeness of
John Kennedy, and be designed in a manner so as to
distinguish it from the obverse design used on the
current half dollar.
``(4) Issuance of coins.--
``(A) Quarter dollar.--The quarter dollar coins
bearing designs under this subsection shall be issued
at the rate of up to 5 new designs during each year of
the period of issuance described under paragraph (5).
``(B) Half dollar.--The half dollar coins bearing
designs under this subsection shall be issued at the
rate of 1 new design during each year of the period of
issuance described under paragraph (5).
``(5) Period of issuance.--
``(A) In general.--The program established under
this subsection shall continue in effect until the end
of 2030.
``(B) Continuity.--After the date specified in
subparagraph (A), the Secretary may continue to issue
coins minted during the program but not yet issued.
``(6) Accompanying sports medals.--For every design of a
coin honoring a sport issued under this subsection, the
Secretary is authorized to design and issue one or more
accompanying medals with designs emblematic of the sport
honored with the issuance of the coin, and include a surcharge
on the sale the medals sold in accordance with this paragraph,
in an amount determined by the Secretary, in the Secretary's
sole discretion, that may be used for the design and
manufacture of the medals described in paragraph (7).
``(7) Olympic medals.--
``(A) In general.--The Secretary is authorized to
design and manufacture medals for award at the 2028
Olympic Games in Los Angeles, California.
``(B) Working stock.--The Secretary may use
Treasury working gold and silver stock in the
manufacture of the award medals produced under this
subsection.
``(C) Olympic & paralympic committees.--The
Secretary may provide the medals described in this
paragraph to the United States Olympic & Paralympic
Committee under terms and conditions established by the
Secretary.
``(D) Cooperative marketing and promotion
opportunities.--The Secretary is encouraged to seek out
cooperative marketing and promotion opportunities,
including with the United States Olympic & Paralympic
Committee, LA28, and United States Olympic and
Paralympic Properties to promote the coins and medals
produced under this section.
``(8) Designs after end of program.--Upon the completion or
termination of the coin program under this subsection, the
designs on the quarter dollar and half dollar shall be as
follows:
``(A) Quarter dollar.--
``(i) Obverse.--The obverse of the quarter
dollar shall bear a design containing a
likeness of George Washington.
``(ii) Reverse.--The reverse of the quarter
dollar shall be of a design selected by the
Secretary after consultation with the
Commission of Fine Arts and review by the
Citizens Coinage Advisory Committee.
``(B) Half dollar.--
``(i) Obverse.--The obverse of the half
dollar shall bear a design containing a
likeness of John Kennedy.
``(ii) Reverse.--The reverse of the half
dollar shall be of a design selected by the
Secretary after consultation with the
Commission of Fine Arts and review by the
Citizens Coinage Advisory Committee.''.
SEC. 5. SILVER BULLION COINS.
Section 5112 of title 31, United States Code, is amended by
replacing subsection (u) with the following revised subsection:
``(u) Silver Bullion Investment Product.--
``(1) In general.--The Secretary is authorized to strike
and make available for sale such number of bullion coins as the
Secretary determines to be appropriate that feature the designs
of the quarter dollars and half dollars issued under
subsections (x), (y), and (z), that--
``(A) have a diameter of 3.0 inches and weigh 5.0
ounces;
``(B) contain .999 fine silver;
``(C) have incused into the edge the fineness and
weight of the bullion coin; and
``(D) bear an inscription of the denomination of
such coins, such denominations to be determined by the
Secretary as the Secretary determines to be
appropriate.
``(2) Fractionals.--The Secretary is authorized to mint and
issue so-called `fractional' silver bullion coins bearing the
designs of the quarter dollars and half dollars issued under
subsections (x), (y), and (z) in sizes, weights, fineness, and
denominations, and with inscriptions, that the Secretary
determines to be appropriate.
``(3) Availability for sale.--Should the Secretary exercise
the Secretary's discretion to strike bullion coins under this
subsection, the bullion coins minted under paragraph (1) shall
become available for sale no sooner than the first day of the
calendar year in which the corresponding circulating quarter
dollar or half dollar is issued.
``(4) Continuity.--Until the conclusion of the quarter
dollar program authorized under subsection (t), the Secretary
shall strike and make available for sale such number of bullion
coins as the Secretary determines to be appropriate that are
likenesses of the quarter dollars issued under subsection
(t).''.
SEC. 6. CIRCULATING COLLECTIBLE STANDARDS AND GENERAL PROVISIONS.
Section 5112 of title 31, United States Code, is amended by adding
at the end the following new subsection:
``(aa) Standards and General Provisions for Circulating Collectible
Coins Under Subsections (x), (y), and (z).--
``(1) Prohibition on certain representations.--No head and
shoulders portrait or bust of any person, living or dead, and
no portrait of a living person may be included in the design on
the reverse of any coin under subsections (x), (y), and (z).
``(2) Treatment as numismatic items.--For purposes of
sections 5134 and 5136, all coins and medals minted under
subsections (x), (y), and (z) shall be considered to be
numismatic items.
``(3) Issuance.--
``(A) Quality of coins.--The Secretary may mint and
issue such number of coins of each design selected
under subsections (x), (y), and (z) in uncirculated and
proof qualities as the Secretary determines to be
appropriate.
``(B) Coordination.--The Board of Governors of the
Federal Reserve System and the Secretary shall take
steps to ensure that an adequate supply of coins
produced under subsections (x), (y), and (z) are
available for commerce and collectors at such places
and in such quantities as are appropriate.
``(C) Number of each coin designs in each year.--Of
the coins issued during each year of the period of
issuance under subsections (x), (y), and (z), the
Secretary shall prescribe, on the basis of such factors
as the Secretary determines to be appropriate, the
number of coins which shall be issued with each of the
designs selected for such year.
``(D) Special inscriptions or symbol across the
coins.--The Secretary is encouraged to develop and
include on any coin issued in accordance with
subsections (x), (y), or (z), a unifying inscription,
privy mark, or other symbol for that particular coin
program.
``(4) Legal tender.--The coins minted under subsections
(x), (y), and (z) shall be legal tender, as provided in section
5103.
``(5) Marketing and educational campaign.--In an effort to
advance the collecting of the coins and medals authorized under
subsections (x), (y), and (z), and numismatics in general, the
Secretary may develop and execute a marketing, advertising,
promotional, and educational program to promote the collecting
of the coins and medals authorized under subsections (x), (y),
and (z). As part of this program, the Secretary is encouraged
to seek out appropriate cooperative marketing opportunities,
and to develop ancillary derivative products beyond traditional
numismatic products such as sports, women, and youth oriented
products appropriate to the particular coin and medal program.
``(6) Quality of medals.--It is the sense of Congress that
the medals authorized under subsection (z) be produced in high
relief and, if feasible and cost effective, with surface
treatments such as frosting and colorization.''.
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