Summary: H.R.2453 — 112th Congress (2011-2012)All Information (Except Text)

Bill summaries are authored by CRS.

Shown Here:
Public Law No: 112-201 (12/04/2012)

(This measure has not been amended since it was passed by the Senate on September 22, 2012. The summary of that version is repeated here.)

Mark Twain Commemorative Coin Act - Directs the Secretary of the Treasury to mint and issue $5 gold coins and $1 silver coins emblematic of the life and legacy of Mark Twain.

Limits issuance of such coins to calendar year 2016.

Requires specified surcharges in the sale of such coins, which shall be promptly paid, in specified percentages, to: (1) the Mark Twain House & Museum in Hartford, Connecticut, to support the continued restoration of the house and grounds, and ensure continuing growth and innovation in museum programming to research, promote, and educate on the legacy of Mark Twain; (2) the University of California, Berkeley, for the benefit of the Mark Twain Project at the Bancroft Library to support programs to study and promote the legacy of Mark Twain; (3) Elmira College, New York, for research and education purposes; and (4) the Mark Twain Boyhood Home and Museum in Hannibal, Missouri, to preserve historical sites related to Mark Twain and help support study and promotion programs.

Directs the Secretary to take actions to ensure that: (1) minting and issuing such coins will not result in any net cost to the federal government, and (2) no funds, including applicable surcharges, are disbursed to any recipient designated in this Act until the total cost of designing and issuing all of the coins authorized by this Act is recovered by the Treasury.