National Fallen Firefighters Memorial Coin Act

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 4051 Introduced in Senate (IS)]

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119th CONGRESS
  2d Session
                                S. 4051

 To require the Secretary of the Treasury to mint and issue coins that
  are emblematic of the National Fallen Firefighters Memorial and the
  service and sacrifice of firefighters throughout the history of the
                             United States.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                             March 11, 2026

Ms. Collins (for herself, Ms. Klobuchar, Ms. Murkowski, Mr. Peters, and
  Ms. Lummis) introduced the following bill; which was read twice and
    referred to the Committee on Banking, Housing, and Urban Affairs

_______________________________________________________________________

                                 A BILL

 To require the Secretary of the Treasury to mint and issue coins that
  are emblematic of the National Fallen Firefighters Memorial and the
  service and sacrifice of firefighters throughout the history of the
                             United States.

    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 ``National Fallen Firefighters
Memorial Coin Act''.

SEC. 2. COIN SPECIFICATIONS.

    (a) Denominations.--The Secretary of the Treasury (hereafter in
this Act referred to as the ``Secretary'') shall mint and issue the
following coins:
            (1) $5 gold coins.--Not more than 50,000 $5 coins, which
        shall--
                    (A) weigh 8.359 grams;
                    (B) have a diameter of 0.850 inches; and
                    (C) contain not less than 90 percent gold.
            (2) $1 silver coins.--Not more than 400,000 $1 coins, which
        shall--
                    (A) weigh 26.73 grams;
                    (B) have a diameter of 1.500 inches; and
                    (C) contain not less than 90 percent silver.
            (3) Half-dollar clad coins.--Not more than 750,000 half-
        dollar coins which shall--
                    (A) weigh 11.34 grams;
                    (B) have a diameter of 1.205 inches; and
                    (C) be minted to the specifications for half-dollar
                coins contained in section 5112(b) of title 31, United
                States Code.
    (b) Legal Tender.--The coins minted under this Act shall be legal
tender, as provided in section 5103 of title 31, United States Code.
    (c) Numismatic Items.--For purposes of sections 5134 and 5136 of
title 31, United States Code, all coins minted under this Act shall be
considered to be numismatic items.

SEC. 3. DESIGNS OF COINS.

    (a) Design Requirements.--
            (1) In general.--The designs of the coins minted under this
        Act shall be emblematic of the National Fallen Firefighters
        Memorial and the service and sacrifice of firefighters
        throughout the history of the United States.
            (2) Designation and inscriptions.--On each coin minted
        under this Act there shall be--
                    (A) a designation of the value of the coin;
                    (B) an inscription of the year ``2029''; and
                    (C) inscriptions of the words ``Liberty'', ``In God
                We Trust'', ``United States of America'', and ``E
                Pluribus Unum''.
    (b) Selection.--The designs for the coins minted under this Act
shall be--
            (1) selected by the Secretary, after consultation with the
        Commission of Fine Arts and the National Fallen Firefighters
        Foundation; and
            (2) reviewed by the Citizens Coinage Advisory Committee.

SEC. 4. ISSUANCE OF COINS.

    (a) Quality of Coins.--Coins minted under this Act may be issued in
uncirculated and proof qualities.
    (b) Period for Issuance.--The Secretary may issue coins minted
under this Act only during the 1-year period beginning on January 1,
2029.

SEC. 5. SALE OF COINS.

    (a) Sale Price.--The coins issued under this Act shall be sold by
the Secretary at a price equal to the sum of--
            (1) the face value of the coins;
            (2) the surcharge provided in section 6(a) with respect to
        such coins; and
            (3) the cost of designing and issuing the coins (including
        labor, materials, dies, use of machinery, overhead expenses,
        marketing, and shipping).
    (b) Bulk Sales.--The Secretary shall make bulk sales of the coins
issued under this Act at a reasonable discount.
    (c) Prepaid Orders.--
            (1) In general.--The Secretary shall accept prepaid orders
        for the coins minted under this Act before the issuance of such
        coins.
            (2) Discount.--Sale prices with respect to prepaid orders
        under paragraph (1) shall be at a reasonable discount.

SEC. 6. SURCHARGES.

    (a) In General.--All sales of coins issued under this Act shall
include a surcharge of--
            (1) $35 per coin for the $5 coin;
            (2) $10 per coin for the $1 coin; and
            (3) $5 per coin for the half-dollar coin.
    (b) Distribution.--Subject to section 5134(f) of title 31, United
States Code, all surcharges received by the Secretary from the sale of
coins issued under this Act shall be promptly paid by the Secretary to
the National Fallen Firefighters Foundation to support the mission and
programs of the Foundation.
    (c) Audits.--The National Fallen Firefighters Foundation shall be
subject to the audit requirements of section 5134(f)(2) of title 31,
United States Code, with regard to the amounts received under
subsection (b).
    (d) Limitation.--Notwithstanding subsection (a), no surcharge may
be included with respect to the issuance under this Act of any coin
during a calendar year if, as of the time of such issuance, the
issuance of such coin would result in the number of commemorative coin
programs issued during such year to exceed the annual 2 commemorative
coin program issuance limitation under section 5112(m)(1) of title 31,
United States Code (as in effect on the date of the enactment of this
Act). The Secretary may issue guidance to carry out this subsection.

SEC. 7. FINANCIAL ASSURANCES.

    The Secretary shall take such actions as may be necessary to ensure
that--
            (1) minting and issuing coins under this Act will not
        result in any net cost to the United States Government; and
            (2) no funds, including applicable surcharges, are
        disbursed to the recipient designated in section 6 until the
        total cost of designing and issuing all of the coins authorized
        by this Act (including labor, materials, dies, use of
        machinery, overhead expenses, marketing, and shipping) is
        recovered by the United States Treasury, consistent with
        sections 5112(m) and 5134(f) of title 31, United States Code.
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