H.R.916 - Rosa Parks Commemorative Coin Act (119th Congress)
Summary
H.R. 916, the Rosa Parks Commemorative Coin Act, directs the Secretary of the Treasury to mint commemorative coins in recognition of Rosa Parks' life and legacy. The bill specifies the denominations, weights, and compositions of the coins, including $5 gold coins, $1 silver coins, and half-dollar clad coins. It also outlines the design requirements, selection process, issuance period, and sale prices, including surcharges to benefit the Rosa and Raymond Parks Institute for Self Development.
Expected Effects
The Act will result in the creation and sale of commemorative coins honoring Rosa Parks. Revenue generated from surcharges on the sale of these coins will be directed to the Rosa and Raymond Parks Institute for Self Development, supporting their youth development and civil rights education programs.
Potential Benefits
- Honors the legacy of Rosa Parks and her contribution to the Civil Rights Movement.
- Provides funding to the Rosa and Raymond Parks Institute for Self Development.
- Raises awareness about civil rights history and social justice.
- Could increase numismatic interest and coin collecting.
- Symbolically recognizes the importance of equality and justice.
Potential Disadvantages
- The act itself has no direct disadvantages.
- Potential for the commemorative coin program to be overshadowed if too many are issued in a single year.
- The cost of designing and issuing the coins must be recovered, potentially affecting the final price.
- Limited impact beyond symbolic recognition and financial support for a specific organization.
Constitutional Alignment
The bill appears to align with the spirit of the Constitution, particularly in promoting justice and recognizing significant contributions to American history. Congress has the power to coin money and regulate its value (Article I, Section 8). The act does not infringe upon any specific constitutional rights or freedoms.
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).