H.R.951 - 250 Years of Service and Sacrifice Commemorative Coin Act (119th Congress)
Summary
H.R.951, the "250 Years of Service and Sacrifice Commemorative Coin Act," directs the Secretary of the Treasury to mint coins commemorating the nation's semiquincentennial (250th anniversary) by honoring Americans' service and sacrifice. The bill specifies the denominations, weights, and compositions of the coins, including $5 gold coins, $1 silver coins, and half-dollar clad coins. Surcharges from the sale of these coins will benefit the Stephen Siller Tunnel to Towers Foundation.
Expected Effects
The Act will result in the minting and sale of commemorative coins in 2028. Proceeds from surcharges on the coin sales will provide financial support to the Stephen Siller Tunnel to Towers Foundation, aiding Gold Star families, first responders, veterans, and their families.
Potential Benefits
- Raises awareness of the sacrifices made by Gold Star families, first responders, and veterans.
- Provides financial support to the Stephen Siller Tunnel to Towers Foundation.
- Honors the 250th anniversary of the Declaration of Independence.
- Creates numismatic items for collectors.
- Supports programs providing mortgage-free homes and scholarships.
Potential Disadvantages
- Potential for limited impact beyond the beneficiaries of the Tunnel to Towers Foundation.
- The Act stipulates the coins be minted in 2028, so there is a delay before the benefits are realized.
- The Act includes surcharges which may make the coins less accessible to the general public.
- The Act may be perceived as a symbolic gesture rather than addressing systemic issues.
- The Act may be subject to limitations on the number of commemorative coin programs issued per year.
Constitutional Alignment
The bill 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's purpose of commemorating a significant national event and supporting charitable causes does not conflict with any specific constitutional provision. The allocation of surcharges to the Stephen Siller Tunnel to Towers Foundation is a policy decision within the purview of Congress.
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).