Summary: H.R.3097 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.3097. Bill summaries are authored by CRS.

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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.