NATIONAL LAW ENFORCEMENT MUSEUM COMMEMORATIVE COIN ACT; Congressional Record Vol. 164, No. 197
(Senate - December 13, 2018)

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[Pages S7623-S7624]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




         NATIONAL LAW ENFORCEMENT MUSEUM COMMEMORATIVE COIN ACT

  Mr. McCONNELL. Mr. President, I ask unanimous consent that the 
Committee on Banking, Housing, and Urban Affairs be discharged from 
further consideration of S. 2863 and that the Senate proceed to its 
immediate consideration.
  The PRESIDING OFFICER. The clerk will report the bill by title.
  The senior assistant legislative clerk read as follows:

       A bill (S. 2863) to require the Secretary of the Treasury 
     to mint a coin in commemoration of the opening of the 
     National Law Enforcement Museum in the District of Columbia, 
     and for other purposes.

  There being no objection, the committee was discharged, and the 
Senate proceeded to consider the bill.
  Mr. McCONNELL. I ask unanimous consent that the bill be considered 
read a third time.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  The bill was ordered to be engrossed for a third reading and was read 
the third time.
  Mr. McCONNELL. I know of no further debate on the bill.
  The PRESIDING OFFICER. Is there further debate?
  If there is no further debate, the bill having been read the third 
time, the question is, Shall the bill pass?
  The bill (S. 2863) was passed, as follows:

                                S. 2863

       Be it enacted by the Senate and House of Representatives of 
     the United States of America in Congress assembled,

     SECTION 1. SHORT TITLE.

       This Act may be cited as the ``National Law Enforcement 
     Museum Commemorative Coin Act''.

     SEC. 2. FINDINGS.

       The Congress finds the following:
       (1) In 2000, Congress passed and President William J. 
     Clinton signed into law the National Law Enforcement Museum 
     Act (Public Law 106-492), which authorized the National Law 
     Enforcement Officers Memorial Fund, Inc. to build the 
     National Law Enforcement Museum on Federal land in the 
     District of Columbia to honor and commemorate the service and 
     sacrifice of law enforcement officers in the United States.
       (2) In April 2016, construction began on the National Law 
     Enforcement Museum in the District of Columbia across the 
     street from the National Law Enforcement Officers Memorial in 
     Judiciary Square.
       (3) The National Law Enforcement Museum will formally open 
     in September of 2018.
       (4) The National Law Enforcement Museum's mission is--
       (A) to honor and commemorate the extraordinary service and 
     sacrifice of America's law enforcement officers;
       (B) to serve as an important bridge between law 
     enforcement's past and present, between the heroes of 
     yesteryear and those who have followed in their footsteps, 
     and between America's peace officers and the public they 
     serve; and
       (C) increase public understanding and support for law 
     enforcement and to promote law enforcement safety.

     SEC. 3. COIN SPECIFICATIONS.

       (a) Denominations.--The Secretary of the Treasury 
     (hereafter in this Act referred to as

[[Page S7624]]

     the ``Secretary'') shall mint and issue the following coins:
       (1) $5 gold coins.--Not more than 50,000 $5 coins, which 
     shall--
       (A) weigh 8.359 grams;
       (B) have a diameter of 0.850 inches; and
       (C) contain not less than 90 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 section 5134 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 National Law Enforcement 
     Museum and the service and sacrifice of law enforcement 
     officers throughout the history of the United States.
       (2) Designation and inscriptions.--On each coin minted 
     under this Act there shall be--
       (A) a designation of the value of the coin;
       (B) an inscription of the year ``2021''; 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--
       (1) selected by the Secretary after consultation with the 
     Commission of Fine Arts and the National Law Enforcement 
     Officers Memorial Fund, Inc.; and
       (2) reviewed by the Citizens Coinage Advisory Committee.

     SEC. 5. ISSUANCE OF COINS.

       (a) Quality of Coins.--Coins minted under this Act shall be 
     issued in uncirculated and proof qualities.
       (b) Mint Facilities.--Only 1 facility of the United States 
     Mint may be used to strike any particular quality of the 
     coins minted under this Act.
       (c) Period for Issuance.--The Secretary may issue coins 
     minted under this Act only during the 1-year period beginning 
     on January 1, 2021.

     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 
     such 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)(1) of title 
     31, United States Code, all surcharges received by the 
     Secretary from the sale of coins issued under this Act shall 
     be promptly paid by the Secretary to the National Law 
     Enforcement Officers Memorial Fund, Inc., for educational and 
     outreach programs and exhibits.
       (c) Audits.--The National Law Enforcement Officers Memorial 
     Fund, Inc., 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 subsection (b).
       (d) Limitation.--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 2 commemorative coin program 
     issuance limitation under section 5112(m)(1) of title 31, 
     United States Code (as in effect on the date of the enactment 
     of this Act). The Secretary of the Treasury may issue 
     guidance to carry out this subsection.

  Mr. McCONNELL. I ask unanimous consent that the motion to reconsider 
be considered made and laid upon the table.
  The PRESIDING OFFICER. Without objection, it is so ordered.

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