Paul Laurence Dunbar Commemorative Coin Act

Key Points

• This bill asks the Treasury Department to create special gold, silver, and half-dollar coins in 2028. These coins would celebrate Paul Laurence Dunbar. He was a famous African-American poet and writer who was born to freed slaves and became a major literary figure in the late 1800s.
• The coins will be sold to the public at a price that covers the cost of making them plus an extra fee. These extra fees range from $5 to $35 per coin. This money will be given to the Dunbar Alumni Federation to support students and school programs.
• The money raised will help pay for college scholarships and activities like the band, sports, and the debate team at Dunbar High School in Washington, D.C. This school was the first public high school for African-American students in the country.
• This project will not cost taxpayers any money. The Treasury Department must make sure it recovers all its costs for designing and making the coins before any of the extra funds are handed over to the alumni group.

Impact Analysis

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