United States Foreign Service Commemorative Coin Act
Summary
The United States Foreign Service Commemorative Coin Act mandates the Secretary of the Treasury to mint coins recognizing the Foreign Service's contributions to US diplomacy. The Act details coin specifications, designs, issuance, and sales, including surcharges to benefit the Association for Diplomatic Studies and Training. It aims to honor the Foreign Service without net cost to the government.
Expected Effects
This act will result in the creation and sale of commemorative coins. Surcharges from the coin sales will provide funding for the Association for Diplomatic Studies and Training. This will support their efforts in preserving and sharing diplomatic history.
Potential Benefits
- Honors the US Foreign Service and its contributions to diplomacy.
- Provides funding to the Association for Diplomatic Studies and Training, supporting the preservation of diplomatic history.
- Creates numismatic items that may be of interest to collectors.
- No net cost to the government.
- Raises awareness of the importance of diplomacy.
Potential Disadvantages
- Limited impact on most citizens' daily lives.
- Potential for surcharges to be limited if commemorative coin programs exceed the annual limit.
- Focuses on a specific group (Foreign Service) rather than broader public needs.
- The coins are primarily symbolic.
- The benefit is limited to a single organization.
Constitutional Alignment
The Act aligns 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 act's purpose of honoring the Foreign Service and supporting diplomatic studies falls within the broad scope of governmental functions.
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).