S.877 - Roberto Clemente Commemorative Coin Act (119th Congress)
Summary
The Roberto Clemente Commemorative Coin Act directs the Secretary of the Treasury to mint commemorative coins in recognition of the life and legacy of Roberto Clemente. The bill specifies the denominations, weights, designs, and issuance procedures for the coins. Surcharges from the sale of these coins will be directed to the Roberto Clemente Foundation.
Expected Effects
This act will result in the minting of commemorative coins honoring Roberto Clemente. The Roberto Clemente Foundation will receive financial support from the surcharges on the coin sales. This funding is intended to support the foundation's mission, including educational programs, youth sports, disaster relief, and historic preservation.
Potential Benefits
- Provides financial support to the Roberto Clemente Foundation.
- Honors the legacy of Roberto Clemente, a baseball star and humanitarian.
- Raises awareness of Clemente's contributions to sports and social justice.
- Creates numismatic items for collectors.
- Potentially increases tourism to sites associated with Roberto Clemente.
Potential Disadvantages
- The act stipulates that minting and issuing coins should not result in any net cost to the US government, which may limit the scope or design of the coins.
- The surcharges are subject to limitations based on the annual commemorative coin program issuance limit, potentially delaying or reducing funding.
- The administrative overhead associated with designing, minting, and selling the coins could reduce the net benefit to the Roberto Clemente Foundation.
- There is a risk that the funds may not be used effectively by the Roberto Clemente Foundation, despite audit requirements.
- The act may be perceived as a symbolic gesture without addressing more pressing social or economic issues.
Constitutional Alignment
The bill appears to align with the constitutional power of Congress to coin money and regulate its value, as outlined in Article I, Section 8, Clause 5. The act does not appear to infringe upon any specific constitutional rights or limitations. The use of surcharges for a specific foundation could be seen as an exercise of the general welfare clause, although the direct benefit is limited to a specific organization.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).