[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1993 Introduced in House (IH)]

<DOC>






119th CONGRESS
  1st Session
                                H. R. 1993

To require the Secretary of the Treasury to mint coins in commemoration 
of the 25th anniversary of the September 11, 2001, terrorist attacks on 
the United States and to support programs at the National September 11 
             Memorial and Museum at the World Trade Center.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 10, 2025

 Mr. Goldman of New York (for himself, Mr. Garbarino, Mr. Lawler, Mr. 
   Nadler, Mr. Latimer, Ms. Tenney, Ms. Malliotakis, Mr. Carson, Mr. 
 McGovern, Mr. Lynch, Mr. Magaziner, Mr. Kennedy of New York, and Mr. 
 Langworthy) introduced the following bill; which was referred to the 
                    Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
To require the Secretary of the Treasury to mint coins in commemoration 
of the 25th anniversary of the September 11, 2001, terrorist attacks on 
the United States and to support programs at the National September 11 
             Memorial and Museum at the World Trade Center.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``25th Anniversary of 9/11 
Commemorative Coin Act''.

SEC. 2. FINDINGS.

    Congress finds the following:
            (1) On September 11, 2001, the United States suffered the 
        deadliest terrorist attacks on United States soil (referred to 
        in this section as ``the attacks'').
            (2) 2,977 people were killed during the attacks, marking 
        the single worst foreign attack on United States soil since 
        Pearl Harbor in 1941.
            (3) In New York City, 2 planes hit the Twin Towers during 
        the attacks, causing both 110-story towers to collapse in less 
        than 2 hours, as well as destroying 5 other buildings in the 
        World Trade Center complex, leaving a death toll of 2,753 
        people, including all passengers and crew members of American 
        Airlines Flight 11 and all passengers and crew members of 
        United Airlines Flight 175.
            (4) During the attacks, American Airlines Flight 77 struck 
        the side of the Pentagon, killing 184 passengers, crew members, 
        and personnel.
            (5) In Pennsylvania, during the attacks, United Airlines 
        Flight 93 crashed near Shanksville, killing all 40 passengers 
        and crew members.
            (6) The attacks took the lives of 441 first responders in 
        New York, specifically 343 firefighters from the New York City 
        Fire Department, 37 officers from the Port Authority Police 
        Department, 23 officers from the New York City Police 
        Department, and 38 individuals from other agencies.
            (7) The collapse of the towers following the attacks 
        created massive dust clouds that left hundreds of densely 
        populated city blocks covered with harmful contaminants, 
        exposing first responders, local workers, residents, and 
        students.
            (8) More than 2 decades after these horrific terrorist 
        attacks took place, the ongoing physical and mental health 
        impacts continue to deeply affect tens of thousands of 
        individuals across the country who were in lower Manhattan and 
        the surrounding area following the attacks, as well as those 
        from around the country who participated in the rescue, 
        recovery, and relief efforts, due to their exposure to the 
        dust, smoke, and debris. Thousands of others have died due to 
        illnesses and injuries relating to the attacks.
            (9) The National September 11 Memorial and Museum at the 
        World Trade Center is continuously dedicated to remembering, 
        reflecting, and educating for many generations to come so that 
        the story of September 11, 2001, is never forgotten.
            (10) The National September 11 Memorial and Museum at the 
        World Trade Center is committed to supporting family members, 
        survivors, rescue and recovery workers, and military personnel 
        who were affected by the attacks by providing services, 
        education, and programming.

SEC. 3. COIN SPECIFICATIONS.

    (a) Denominations.--The Secretary of the Treasury (referred to in 
this Act as the ``Secretary'') shall mint and issue the following coins 
in commemoration of the 25th anniversary of the September 11, 2001, 
terrorist attacks on the United States and the establishment of the 
National September 11 Memorial and Museum at the World Trade Center:
            (1) $5 gold coins.--Not more than 50,000 $5 coins, each of 
        which shall--
                    (A) weigh 8.359 grams;
                    (B) have a diameter of 0.850 inches; and
                    (C) contain not less than 90 percent gold.
            (2) $1 silver coins.--Not more than 400,000 $1 coins, each 
        of which shall--
                    (A) weigh 26.73 grams;
                    (B) have a diameter of 1.500 inches; and
                    (C) contain not less than 90 percent silver.
    (b) Legal Tender.--The coins minted under this Act shall be legal 
tender, as provided in section 5103 of title 31, United States Code.
    (c) Numismatic Items.--For purposes of sections 5134 and 5136 of 
title 31, United States Code, all coins minted under this Act shall be 
considered to be numismatic items.

SEC. 4. DESIGN OF COINS.

    (a) Design Requirements.--
            (1) In general.--The designs of the coins minted under this 
        Act shall be emblematic of the courage, sacrifice, and strength 
        of those individuals who perished in the terrorist attacks of 
        September 11, 2001, the bravery of those who risked their lives 
        to save others that day, and the endurance, resilience, and 
        hope of those who survived. At least 1 such coin shall bear the 
        inscription ``Never Forget''.
            (2) Designs and inscriptions.--On each coin minted under 
        this Act, there shall be--
                    (A) a designation of the value of the coin;
                    (B) inscriptions of the words ``Liberty'', ``In God 
                We Trust'', ``United States of America'', and ``E 
                Pluribus Unum''; and
                    (C) an inscription of the words ``25th 
                Anniversary''.
    (b) Selection.--The designs for the coins minted under this Act 
shall be--
            (1) selected by the Secretary, after consultation with--
                    (A) the National September 11 Memorial and Museum 
                at the World Trade Center; and
                    (B) the Commission of Fine Arts; and
            (2) reviewed by the Citizens Coinage Advisory Committee.

SEC. 5. ISSUANCE OF COINS.

    (a) Quality of Coins.--The coins minted under this Act shall be 
issued in uncirculated and proof qualities.
    (b) Sense of Congress.--It is the sense of Congress that the coins 
minted under this Act should be struck at the United States Mint at 
West Point, New York, to the greatest extent possible.
    (c) Period for Issuance.--The Secretary may issue coins minted 
under this Act only during the 1-year period beginning on January 1, 
2027.

SEC. 6. SALE OF COINS.

    (a) Sale Price.--The coins issued under this Act shall be sold by 
the Secretary at the price equal to the sum of--
            (1) the face value of the coins;
            (2) the surcharge provided in section 7(a) with respect to 
        the coins; and
            (3) the cost of designing and issuing the coins (including 
        labor, materials, dies, use of machinery, overhead expenses, 
        marketing, and shipping).
    (b) Bulk Sales.--The Secretary shall make bulk sales of the coins 
issued under this Act at a reasonable discount.
    (c) Prepaid Orders.--
            (1) In general.--The Secretary shall accept prepaid orders 
        for the coins minted under this Act before the issuance of the 
        coins.
            (2) Discount.--Sale prices with respect to prepaid orders 
        under paragraph (1) shall be at a reasonable discount.

SEC. 7. SURCHARGES.

    (a) In General.--All sales of coins issued under this Act shall 
include a surcharge of--
            (1) $35 per coin for the $5 gold coin; and
            (2) $10 per coin for the $1 silver coin.
    (b) Distribution.--Subject to section 5134(f)(1) of title 31, 
United States Code, all surcharges received by the Secretary from the 
sale of coins issued under this Act shall be promptly paid by the 
Secretary to the National September 11 Memorial and Museum at the World 
Trade Center to support the operations and maintenance of the National 
September 11 Memorial and Museum at the World Trade Center.
    (c) Audits.--The National September 11 Memorial and Museum at the 
World Trade Center shall be subject to the audit requirements of 
section 5134(f)(2) of title 31, United States Code, with regard to the 
amounts received under subsection (b).
    (d) Limitation.--
            (1) In general.--Notwithstanding subsection (a), no 
        surcharge may be included with respect to the issuance under 
        this Act of any coin during a calendar year if, as of the time 
        of that issuance, the issuance of that coin would result in the 
        number of commemorative coin programs issued during that year 
        to exceed the annual 2 commemorative coin program issuance 
        limitation under section 5112(m)(1) of title 31, United States 
        Code.
            (2) Guidance.--The Secretary may issue guidance to carry 
        out this subsection.

SEC. 8. FINANCIAL ASSURANCES.

    The Secretary shall take such actions as may be necessary to ensure 
that--
            (1) minting and issuing coins under this Act result in no 
        net cost to the Federal Government; and
            (2) no funds, including applicable surcharges, are 
        disbursed to any recipient designated in section 7(b) until the 
        total cost of designing and issuing all of the coins authorized 
        by this Act, including labor, materials, dies, use of 
        machinery, overhead expenses, marketing, and shipping, is 
        recovered by the United States Treasury, consistent with 
        sections 5112(m) and 5134(f) of title 31, United States Code.
                                 <all>