Medal of Honor Commemorative Coin Act of 2009
Latest Action
Became Public Law No: 111-91.
Official Summary
(This measure has not been amended since it was introduced. The expanded summary of the House passed version is repeated here.) Medal of Honor Commemorative Coin Act of 2009 - Directs the Secretary of the Treasury to mint and issue $5 gold coins and $1 silver coins emblematic of the design selected by the Secretary, after consultation with the Boards of the Congressional Medal of Honor Society and the Congressional Medal of Honor Foundation, in honor of the distinguished service of the American military men and women who have been Medal of Honor recipients. Limits the period for coin issuance to calendar year 2011. Imposes a surcharge of $35 per coin for the $5 coin and $10 per coin for the $1 coin, to be distributed to the Congressional Medal of Honor Foundation to help finance educational, scholarship, and outreach programs of the Foundation. Prohibits a surcharge with respect to the issuance under this Act of any coin during a calendar year if, at the time of issuance, it would result in more than the statutory maximum of two commemorative coin programs per year.
GovScope Watchdog™
AI Government Intelligence™The Medal of Honor Commemorative Coin Act of 2009 directs the Secretary of the Treasury to mint $5 gold and $1 silver coins honoring Medal of Honor recipients. The coins are to be issued only during the calendar year 2011, with surcharges applied to support educational and outreach programs of the Congressional Medal of Honor Foundation. The bill limits the number of commemorative coin programs to two per year to avoid exceeding statutory limits.
This bill authorizes the creation and sale of commemorative coins to honor Medal of Honor recipients and fund related educational programs.
- Authorizes minting of $5 gold and $1 silver commemorative coins honoring Medal of Honor recipients.
- Limits coin issuance to the calendar year 2011.
- Imposes surcharges on coins to support the Congressional Medal of Honor Foundation's programs.
The Congressional Medal of Honor Foundation benefits from surcharge proceeds to support its educational, scholarship, and outreach programs. Collectors and the general public may also benefit by acquiring commemorative coins.
Potential concerns include the limited issuance period restricting availability, the impact of surcharges on coin purchasers, and the absence of detailed implementation procedures in the available text. The bill's status as withdrawn may also affect its enactment and impact.
The bill was introduced in the House during the 111th Congress, falls under the Finance and Financial Sector policy area, and was enacted as Public Law No: 111-91 in 2009. Despite this, the status is listed as withdrawn, indicating possible subsequent legislative or procedural developments.
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The surcharge revenue may enhance funding for educational and outreach programs related to Medal of Honor recipients, potentially increasing public awareness and support. The limited issuance period may affect collector demand and market availability.
The full bill text is not provided, limiting detailed analysis of implementation specifics. The status as withdrawn contrasts with the latest action indicating enactment, suggesting further review of legislative history may be warranted. Citizens interested in commemorative coin programs or military honors may want to monitor related Treasury Department actions and foundation activities.
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