America's Olympic and Paralympic Games Commemorative Coins Act

Key Points

• Congress would require the Treasury Department to mint special coins for the 2028 Los Angeles Olympic and Paralympic Games and the 2034 Salt Lake City Winter Games.
• The plan includes several collector coin types for each event, including $5 gold coins, $1 silver coins, half-dollar coins, and a large proof $1 silver coin.
• Coins would be sold at face value plus a set extra fee per coin and the Mint’s costs to design, make, and ship them; the Mint can also take prepaid orders and offer bulk discounts.
• The extra fees collected would be sent to the Olympic-related groups tied to each set of Games to support hosting costs and legacy programs like youth sports.
• The bill says the coin programs must not create a net cost for the federal government, and payments to the recipient groups would wait until the Mint’s costs are fully recovered.

Impact Analysis

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