Summary: H.R.2500 — 110th Congress (2007-2008)All Information (Except Text)

There is one summary for H.R.2500. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (05/24/2007)

NASA and JPL 50th Anniversary Commemorative Coin Act - Directs the Secretary of the Treasury, in commemoration of the 50th anniversary of the establishment of the National Aeronautics and Space Administration (NASA) and the Jet Propulsion Laboratory (JPL), to mint and issue $50 dollar gold and $1 dollar silver coins emblematic of the fifty years of exemplary and unparalleled achievements of NASA and JPL.

Requires all such coin sales to include a surcharge of $50 per $50 dollar coin, and of $10 per $1 dollar coin.

Requires distribution of the first $4 million to the NASA Family Assistance Fund for financial assistance to the families of NASA personnel who die as a result of injuries suffered in the performance of their official duties.

Requires distribution of: (1) one-half of the next $1 million of the remaining amounts to the Dr. Ronald E. McNair Educational (D.R.E.M.E.) Science Literacy Foundation and the Dorothy Jemison Foundation for Excellence; and (2) the remainder to Save America's Treasures at the National Trust for Historic Preservation.

Authorizes the Secretary to strike and sell bronze duplicates of the $50 gold coins.