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US HB1546
Bill
Status
2/24/2025
Primary Sponsor
Claudia Tenney
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AI Summary
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Secretary of the Treasury required to mint commemorative coins recognizing the 200th anniversary of the Erie Canal: up to 50,000 $5 gold coins, 400,000 $1 silver coins, and 750,000 half-dollar clad coins
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Coins may only be issued during the 1-year period beginning January 1, 2026, and will be available in uncirculated and proof qualities
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Surcharges of $35 per $5 coin, $10 per $1 coin, and $5 per half-dollar coin will be collected and paid to the Erie Canalway Heritage Fund, Inc. for historic preservation, conservation, recreation, and educational programs
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Coin designs must be emblematic of the Erie Canal and its impact on U.S. and New York State development, selected by the Secretary after consultation with the Commission of Fine Arts and Erie Canalway Heritage Fund, Inc.
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Minting and issuance must result in no net cost to the U.S. Government, with all production costs recovered before surcharges are disbursed to the recipient organization
Legislative Description
Erie Canal Bicentennial Commemorative Coin Act
Finance and financial sector
Last Action
Referred to the House Committee on Financial Services.
2/24/2025