H.R.5598 - Plymouth 400th Anniversary Commemorative Coin Act of 2016114th Congress (2015-2016)
|Sponsor:||Rep. Keating, William R. [D-MA-9] (Introduced 06/28/2016)|
|Committees:||House - Financial Services|
|Latest Action:||06/28/2016 Referred to the House Committee on Financial Services. (All Actions)|
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Summary: H.R.5598 — 114th Congress (2015-2016)All Bill Information (Except Text)
Introduced in House (06/28/2016)
Plymouth 400th Anniversary Commemorative Coin Act of 2016
This bill directs the Department of the Treasury to issue up to 100,000 $5 gold coins, 500,000 $1 silver coins, and 750,000 half-dollar clad coins emblematic of the landing and settlement of Plymouth Colony, Massachusetts, the signing of the Mayflower Compact, and the role of the indigenous Wampanoag tribes in the realization of the settlement.
These coins may be issued only during a two-year period beginning January 1, 2020.
Sales of such coins shall include specified surcharges, which shall be paid by Treasury as follows:
- 50% to Plymouth 400, Inc., to support the its work to develop, implement, and provide oversight for the commemorations surrounding the events of 2020-2021 and to be distributed, at the organization's discretion, to local historical preservation and cultural organizations to support their work in educating the public about the settlement of 1620 and their continued existence for the benefit of future generations;
- 15% to Plimoth Plantation to support its effort to maintain the replica of the 1627 Plantation, the Mayflower II, and the replica of the Wampanoag Village;
- 15% to a Wampanoag tribal organization to continue programs to educate people about the life of the Wampanoag people prior to the Plymouth settlement and their interactions with the settlers;
- 10% to the General Society of Mayflower Descendants to support the continued restoration of the main facility in Plymouth, to provide funding for its research library at that site, and for educational purposes; and
- 10% to the Pilgrim Society to continue its work in displaying the story of the settlement and settlement artifacts.