Text: H.R.2722 — 114th Congress (2015-2016)All Bill Information (Except Text)

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Public Law No: 114-148 (04/29/2016)

 
[114th Congress Public Law 148]
[From the U.S. Government Publishing Office]



[[Page 359]]

             BREAST CANCER AWARENESS COMMEMORATIVE COIN ACT

[[Page 130 STAT. 360]]

Public Law 114-148
114th Congress

                                 An Act


 
To require the Secretary of the Treasury to mint coins in recognition of 
the fight against breast cancer. <<NOTE: Apr. 29, 2016 -  [H.R. 2722]>> 

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled, <<NOTE: Breast Cancer 
Awareness Commemorative Coin Act. 31 USC 5112 note.>> 
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Breast Cancer Awareness Commemorative 
Coin Act''.
SEC. 2. FINDINGS.

    The Congress finds the following:
            (1) Breast cancer is the most common cancer among American 
        women, except for skin cancers. Today, about 1 in 8, or 12 
        percent of, women in the United States will develop invasive 
        breast cancer during their lifetime. This is an increase from 1 
        in 11, or 9 percent of, women in 1975.
            (2) Breast cancer is the second leading cause of cancer 
        death in women. The chance of dying from breast cancer is about 
        1 in 36. Thanks to earlier detection, increased awareness, and 
        improved treatment, death rates from breast cancer have 
        decreased since about 1989.
            (3) There is a strong interest among the American public to 
        do more to tackle this disease. The National Cancer Institute 
        estimates $16.5 billion is spent in the United States each year 
        on breast cancer treatment. Assuming that incidence and survival 
        rates follow recent trends, it is estimated that $17.2 billion 
        will be spent on breast cancer care in the United States in 
        2014.
            (4) Finding a cure for breast cancer is a goal of the United 
        States Government.
            (5) The National Institutes of Health dedicated an estimated 
        $674 million for breast cancer research in Fiscal Year 2014. In 
        Fiscal Year 2014, the Department of Defense's Breast Cancer 
        Research Program received $120 million.
            (6) While the National Institutes of Health and the 
        Department of Defense program on Breast Cancer research remain 
        the largest funders of breast cancer research in the United 
        States, in 2013, the National Cancer Institute funding was 
        reduced by nearly $66 million since 2011. The funding level for 
        the Department of Defense Breast Cancer Research Program has 
        remained consistent since 2012, however this amount represents a 
        20-percent decrease from 2011 funding levels.
            (7) Additional private sector support for breast cancer 
        research will help us find cures for breast cancer even faster.

[[Page 130 STAT. 361]]

            (8) It is estimated that in the United States 231,840 women 
        will be diagnosed with and 40,290 women will die of cancer of 
        the breast in 2015. This means that every 13 minutes a woman 
        dies of breast cancer in the United States.
            (9) However, due to disease type and lack of adequate care, 
        African-American women have the highest death rates of all 
        racial and ethnic groups overall and are at least 44 percent 
        more likely to die of breast cancer as compared to other racial 
        and ethnic groups.
            (10) Breast cancer used to be considered a disease of aging 
        but recent trends show that more aggressive forms of the disease 
        have been increasingly diagnosed in younger women.
            (11) Breast cancer is the most frequently diagnosed cancer 
        among nearly every racial and ethnic group, including African-
        American, American Indian/Alaska Native, Asian/Pacific Islander, 
        and Hispanic/Latina women.
            (12) Clinical advances, resulting from research, have led to 
        increased survival from breast cancer. Since 1990, death rates 
        from breast cancer have dropped over 34 percent.
            (13) Among men in the United States it is estimated that 
        there will be 2,350 new cases of invasive breast cancer and 440 
        breast cancer deaths in 2015.
            (14) At this time there are more than 3.1 million breast 
        cancer survivors in the United States.
            (15) It is estimated that breast cancer costs $12.5 billion 
        in lost productivity. Such productivity losses will increase 
        with projected growth rate and aging of the U.S. population if 
        cancer mortality rates stay constant in the future.
            (16) There is a better chance of survival and there are more 
        treatment options with early stage detection through mammograms 
        and clinical breast exams.
            (17) Breast cancer is the most common cancer in women 
        worldwide, with an estimated 1.7 million new cases of breast 
        cancer among women worldwide in 2012.
            (18) Breast Cancer Research Foundation (BCRF) is considered 
        one of the most efficient cancer research charities.
            (19) Of every dollar donated to BCRF, $0.91 goes to research 
        and awareness programs--88 cents towards research and 3 cents 
        towards awareness.
            (20) Founded in 1993, the BCRF has raised more than $500 
        million to fuel discoveries in tumor biology, genetics, 
        prevention, treatment, survivorship, and metastasis, making BCRF 
        one of the largest private funders of breast cancer research in 
        the world. For 2014-2015, BCRF committed $58.6 million in 
        research, including $11.6 million to the international Evelyn H. 
        Lauder Founder's Fund focused on metastasis, to support the work 
        of more than 220 researchers at leading medical institutions 
        across 6 continents (25 states and 14 countries).
SEC. 3. 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 gold coins, 
        which shall--
                    (A) have a diameter of 0.850 inches; and

[[Page 130 STAT. 362]]

                    (B) be made of ``pink gold'' which contains not less 
                than 75 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. 4. DESIGN OF COINS.

    (a) Design Requirements.--
            (1) In general.--The design of the coins minted under this 
        Act shall be emblematic of the fight against breast cancer.
            (2) Designation and inscriptions.--On each coin minted under 
        this Act there shall be--
                    (A) a designation of the face value of the coin;
                    (B) an inscription of the year ``2018''; and
                    (C) inscriptions of the words ``Liberty'', ``In God 
                We Trust'', ``United States of America'', and ``E 
                Pluribus Unum''.

    (b) Selection.--The design for the coins minted under this Act shall 
be selected by the Secretary based on the winning design from a juried, 
compensated design competition described under subsection (c).
    (c) Design Competition.--
            (1) In general.--The Secretary shall hold a competition and 
        provide compensation for its winner to design the obverse and 
        reverse of the coins minted under this Act. The competition 
        shall be judged by an expert jury chaired by the Secretary and 
        consisting of three members from the Citizens Coinage Advisory 
        Committee who shall be elected by such Committee and three 
        members from the Commission of Fine Arts who shall be elected by 
        such Commission.
            (2) Proposals.--As part of the competition described in this 
        subsection, the Secretary may accept proposals from artists, 
        engravers of the United States Mint, and members of the general 
        public, and any designs submitted for the design review process 
        described herein shall be anonymized until a final selection is 
        made.
            (3) Accompanying designs; preference for physical designs.--
        The Secretary shall encourage three-dimensional designs to be 
        submitted as part of the proposals, and the jury shall give a 
        preference for proposals that are accompanied by a three-
        dimensional physical design instead of, or in addition to, an 
        electronic design.

[[Page 130 STAT. 363]]

            (4) Compensation.--The Secretary shall determine 
        compensation for the winning design under this subsection, which 
        shall be not less than $5,000. The Secretary shall take into 
        account this compensation amount when determining the sale price 
        described in section 6(a).
SEC. 5. ISSUANCE OF COINS.

    (a) Quality of Coins.--Coins minted under this Act shall be issued 
in uncirculated and proof qualities.
    (b) <<NOTE: Time period.>>  Period for Issuance.--The Secretary may 
issue coins minted under this Act only during the 1-year period 
beginning on January 1, 2018.
SEC. 6. 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 7(a) with respect to 
        the 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. 7. 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 which are received by the Secretary from the 
sale of coins issued under this Act shall be promptly paid by the 
Secretary to the Breast Cancer Research Foundation, New York, New York, 
for the purpose of furthering breast cancer research funded by the 
Foundation.
    (c) Audits.--The surcharge recipients under subsection (b) 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 that 
subsection.
    (d) Limitations.--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 two commemorative coin 
program issuance limitation under section 5112(m)(1) of title 31, United 
States Code (as in effect on the

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date of the enactment of this Act). The Secretary of the Treasury may 
issue guidance to carry out this subsection.

    Approved April 29, 2016.

LEGISLATIVE HISTORY--H.R. 2722:
---------------------------------------------------------------------------

CONGRESSIONAL RECORD:
                                                        Vol. 161 (2015):
                                    July 14, 15, considered and passed 
                                        House.
                                                        Vol. 162 (2016):
                                    Apr. 19, considered and passed 
                                        Senate.

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