H.R.5258 - Lance Armstrong Congressional Gold Medal Act106th Congress (1999-2000)
|Sponsor:||Rep. Myrick, Sue Wilkins [R-NC-9] (Introduced 09/21/2000)|
|Committees:||House - Banking and Financial Services|
|Latest Action:||10/13/2000 Referred to the Subcommittee on Domestic and International Monetary Policy.|
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Text: H.R.5258 — 106th Congress (1999-2000)All Bill Information (Except Text)
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Introduced in House (09/21/2000)
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[Congressional Bills 106th Congress] [From the U.S. Government Printing Office] [H.R. 5258 Introduced in House (IH)] 106th CONGRESS 2d Session H. R. 5258 To authorize the President to present a gold medal on behalf of the Congress to Lance Armstrong in recognition of his outstanding performance as two-time winner of the Tour de France and his courageous spirit in overcoming cancer. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES September 21, 2000 Mrs. Myrick (for herself and Mr. Doggett) introduced the following bill; which was referred to the Committee on Banking and Financial Services _______________________________________________________________________ A BILL To authorize the President to present a gold medal on behalf of the Congress to Lance Armstrong in recognition of his outstanding performance as two-time winner of the Tour de France and his courageous spirit in overcoming cancer. 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 ``Lance Armstrong Congressional Gold Medal Act''. SEC. 2. FINDINGS. The Congress finds the following: (1) The Tour de France bicycle race is among the most demanding of individual athletic events. (2) In winning the 1999 and 2000 Tour de France after developing and recovering from cancer, Lance Armstrong made one of the most incredible comebacks in sports history. (3) Lance Armstrong has demonstrated courage and perseverance to become the only cancer survivor to win the Tour de France. (4) Lance Armstrong has dedicated his time and resources to fund research to cure cancer and established the Lance Armstrong Foundation so that his efforts to help others with cancer will outlive his cycling career. (5) Lance Armstrong has honored the Nation with his courageous cycling performance and his commitment to fighting cancer through awareness, education, and research. SEC. 3. CONGRESSIONAL GOLD MEDAL. (a) Presentation Authorized.--The President is authorized to present, on behalf of the Congress, a gold medal of appropriate design to Lance Armstrong in recognition of his outstanding performance as two-time winner of the Tour de France and his courageous spirit in overcoming cancer. (b) Design and Striking.--For the purpose of the presentation referred to in subsection (a), the Secretary of the Treasury (hereinafter in this Act referred to as the ``Secretary'') shall strike a gold medal with suitable emblems, devices, and inscriptions, to be determined by the Secretary. SEC. 4. DUPLICATE MEDALS. Under such regulations as the Secretary may prescribe, the Secretary may strike and sell duplicates in bronze of the gold medal struck under section 3 at a price sufficient to cover the costs of the bronze medals (including labor, materials, dies, use of machinery, and overhead expenses) and the cost of the gold medal. SEC. 5. NATIONAL MEDALS. The medals struck under this Act are national medals for purposes of chapter 51 of title 31, United States Code. SEC. 6. FUNDING AND PROCEEDS OF SALE. (a) Authorization.--There is hereby authorized to be charged against the United States Mint Public Enterprise Fund an amount not to exceed $30,000 to pay for the cost of the medals authorized by this Act. (b) Proceeds of Sale.--Amounts received from the sale of duplicate bronze medals under section 4 shall be deposited in the United States Mint Public Enterprise Fund. <all>