H.R.3097 - Commemorative Coins Reform Act of 2015114th Congress (2015-2016)
|Sponsor:||Rep. Amash, Justin [R-MI-3] (Introduced 07/16/2015)|
|Committees:||House - Financial Services|
|Latest Action:||House - 07/16/2015 Referred to the House Committee on Financial Services. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
Summary: H.R.3097 — 114th Congress (2015-2016)All Information (Except Text)
Introduced in House (07/16/2015)
Commemorative Coins Reform Act of 2015
This bill prohibits surcharges generated by the sale of any numismatic item or commemorative coin program from being paid to a non-federal organization, except with respect to sales and production costs.
Surcharges must be used to recover all numismatic operation and program costs allocable to the program under which a numismatic item is produced and sold.
Any excess surcharges must be transferred to the general fund of the Treasury for deficit reduction purposes.