America’s Olympic and Paralympic Games Commemorative Coins Act
Olympic and Paralympic Commemorative Coins
This bill is currently in the early stages of the legislative process. It was recently sent to the House Committee on Financial Services for review. No further actions are scheduled at this time.
Legislative Progress
Commemorative coin bills for major events like the Olympics usually have strong support from both parties and pass easily because they do not cost taxpayers money.
Key Points
- The Treasury Department would create special gold, silver, and half-dollar coins to celebrate the 2028 Summer Games in Los Angeles and the 2034 Winter Games in Salt Lake City.
- Money raised from extra fees on these coins would go directly to the groups organizing the games to help pay for the events and support youth sports programs across the country.
- The bill ensures that the coin program will not cost taxpayers any money. All production and marketing costs must be covered by the sales before any funds are given to the organizers.
- The coins will be available for purchase only during the years the games take place, starting in 2028 and again in 2034.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
Referred to the House Committee on Financial Services.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
America’s Olympic and Paralympic Games Commemorative Coins Act
Data Sources
Sponsor
Cosponsors
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