S.1503 - Naismith Memorial Basketball Hall of Fame Commemorative Coin Act115th Congress (2017-2018)
|Sponsor:||Sen. Warren, Elizabeth [D-MA] (Introduced 06/29/2017)|
|Committees:||Senate - Banking, Housing, and Urban Affairs|
|Latest Action:||Senate - 06/29/2017 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (All Actions)|
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Summary: S.1503 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in Senate (06/29/2017)
Naismith Memorial Basketball Hall of Fame Commemorative Coin Act
This bill directs the Department of the Treasury to mint and issue not more than 50,000 $5 coins, 400,000 $1 coins, and 750,000 half-dollar coins emblematic of the game of basketball.
The bill requires all sales of such coins to include specified surcharges, which shall be paid by Treasury to the Naismith Memorial Basketball Hall of Fame to fund an endowment for increased operations and educational programming.