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US HB1546

Bill

Status

Introduced

2/24/2025

Primary Sponsor

Claudia Tenney

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • 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

  • Coins may only be issued during the 1-year period beginning January 1, 2026, and will be available in uncirculated and proof qualities

  • 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

  • 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.

  • 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

Committee Referrals

Financial Services2/24/2025

Full Bill Text

No bill text available