,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #bgfj  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,july #ai1 #bjac ,ms4 
,pelosi 7= h]self1 ,ms4 ,e%oo1 ,mr4     
,huffman1 ,ms4 ,lee ( ,cali=nia1 ,ms4   
,l(gr51 ,mr4 ,george ,mill] ( ,cali=nia1
 ,mrs4 ,napolitano1 ,ms4 ,roybal-,all>d1
 ,ms4 ,spei]1 ,mr4 ,swalwell (          
,cali=nia1 & ,mr4 ,?ompson ( ,cali=nia7 
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices  ,a 
,,bill  ,to require ! ,secret>y ( !     
,treasury to m9t co9s 9 commemoration ( 
! c5t5nial ( ! ,panama-,pacific         
,int]national ,exposition & ! ,panama   
,canal1 & = o!r purposes4  #a4 ,%ort    
title ,?is ,act may be cit$ z ! ,panama 
,canal & ,pan-,pacific ,exhibition      
,c5t5nial ,celebration ,act4  #b4 ,f9d+s
 ,! ,congress f9ds ! foll[+3  7#a7 ,!   
,panama ,canal1 :i* cuts across !       
,i/hmus ( ,panama1 0 built betwe5 #ahij 
& #aiad4 ,x 0 ! _w's greate/ eng9e]+    
feat ( its "t & requir$ a labor =ce (   
almo/ #dj1jjj4  7#b7 ,presid5t ,!odore  

,roosevelt1 recogniz+ ! value ( a canal1
 l$ ! ,unit$ ,/ates 9 buy+ ! equipm5t & 
concession to build ! canal = #dj       
million1 & *ampion$ ! ef=t t ov]came    
mal>ia & imm5se logi/ical problems4 ,!  
,canal op5$ on ,augu/ #ae1 #aiad--dja   
ye>s aft] ,spani% explor] ,vasco ,nuez  
de ,balboa fir/ cross$ ,panama4  7#c7   
,/ret*+ #ea miles1 ! ,panama ,canal     
connect$ ! ,atlantic ,ocean & ! ,pacific
 ,ocean1 sav+ sailors a dang]\s         
#h1jjj-mile j\rney ar\nd ,cape ,horn &  
?r\gh ! ,/raits ( ,magellan1 & cutt+ 9  
half ! "t previ\sly requir$ to sail     
betwe5 ! oceans4  7#d7 ,! #aiae         
,panama-,pacific ,int]national          
,exposition 0 a _w's fair held 9 ,san   
,francisco1 ,cali=nia4 ,! ,exposition   
ran f ,febru>y #bj until ,decemb] #d1   
#aiae4  7#e7 ,! ,exposition commemorat$ 
! completion ( ! ,panama ,canal & !     
#djj? anniv]s>y ( ! discov]y ( !        
,pacific ,ocean by ,balboa4  7#f7       
,congress au?oriz$ ! ,unit$ ,/ates ,m9t 
to issue five diff]5t co9s dat$ #aiae 9 

connection ) ! ,panama-,pacific         
,int]national ,exposition4 ,! co9s      
repres5t a high-wat] m>k = ,am]ican     
commemorative co9s4 ,produc$ at ! ,san  
,francisco ,m9t1 ^! 7 ! fir/ ,unit$     
,/ates commemorative co9s to be> ! motto
 ,9 ,god ,we ,tru/1 & includ$ ! silv]   
,panama-,pacific half doll> & f\r gold  
co9s 9 d5om9ations ( "o doll>1 #ba_/b   
doll>s1 a #ej-;doll> r\nd co91 & a      
unique #ej-;doll> octagonal co94  7#g7  
,! octagonal #ej gold piece 0 ! l>ge/   
co9 au?oriz$ by ,congress1 & ! fir/ m9t$
 s9ce #aheb 9 a %ape o!r ?an r\nd4  7#h7
 ,! ,unit$ ,/ates %\ld m>k ! c5t5nial ( 
?is important ev5t 9 ,san ,francisco & !
 monum5tal a*ievem5t ( ! op5+ ( !       
,panama ,canal4  7#i7 ,! proce$s f !    
sur*>ge on ! sale ( su* commemorative   
co9s w assi/ 9 support+ ! educational   
programs ( ! ,san ,francisco ,museum &  
,hi/orical ,society4  #c4 ,co9          
specifications  7a7 ,d5om9ations ,!     
,secret>y ( ! ,treasury 7h]eaft] 9 ?is  
,act ref]r$ to z ! ,secret>y7 %all m9t &

 issue ! foll[+ co9s1 not)/&+ section   
#eaab7;a7 ( title #ca1 ,unit$ ,/ates    
,code3  7#a7 #e octagonal gold co9s ,n m
 ?an #ge1jjj #e co9s1 :i* %all--  7,a7  
be octagonal 9 %ape2  7,b7 weigh #h4cei 
grams2  7,c7 h a di/ance betwe5 two     
oppos+ v]tices ( #j4hej in*es2 &  7,d7  
conta9 #ij p]c5t gold & #aj p]c5t alloy4
  7#b7 #e r\nd gold co9s ,n m ?an       
#ge1jjj #e co9s1 :i* %all--  7,a7 be    
r\nd 9 %ape2  7,b7 weigh #h4cei grams2  
7,c7 h a diamet] ( #j4hej in*es2 &  7,d7
 conta9 #ij p]c5t gold & #aj p]c5t      
alloy4  7#c7 ,two & "o-half doll> gold  
co9s ,n m ?an #ej1jjj two & "o-half     
doll> co9s1 :i* %all--  7,a7 weigh #d4ah
 grams2  7,b7 h a diamet] ( #j4gjhg     
in*es2 &  7,c7 conta9 #ij p]c5t gold &  
#aj p]c5t copp]4  7#d7 #a gold co9s ,n m
 ?an #ej1jjj #a co9s1 :i* %all--  7,a7  
weigh #a4fg grams2  7,b7 h a diamet] (  
#j4eijf in*es2 &  7,c7 conta9 #ij p]c5t 
gold & #aj p]c5t copp]4  7#e7 ,half     
doll> silv] co9s ,n m ?an #bej1jjj half 
doll> co9s1 :i* %all--  7,a7 weigh #ab4e

 grams2  7,b7 h a diamet] ( #a4bjdg     
in*es2 &  7,c7 conta9 4#iii f9e silv]4  
7b7 ,legal t5d] ,! co9s m9t$ "u ?is ,act
 %all be legal t5d]1 z provid$ 9 section
 #eajc ( title #ca1 ,unit$ ,/ates ,code4
  7c7 ,numismatic items ,= purposes (   
section #eacd ( title #ca1 ,unit$ ,/ates
 ,code1 all co9s m9t$ "u ?is ,act %all  
be consid]$ to be numismatic items4  #d4
 ,design ( co9s  7a7 ,design requirem5ts
  7#a7 ,9 g5]al ,! design ( ! co9s m9t$ 
"u ?is ,act %\ld be close lik5esses ( ! 
five co9s issu$ by ! ,san ,francisco    
,m9t at ! op5+ ( ! ,pan-,pacific        
,exposition4  7#b7 ,specific design     
requirem5ts  7,a7 #e gold co9s ,! #e    
octagonal gold co9s m9t$ "u ?is ,act & !
 #e r\nd gold co9s m9t$ "u ?is ,act %all
 be a close lik5ess ( ! octagonal       
,panama-,pacific ,exposition #ej gold   
co9 & ! r\nd ,panama-,pacific           
,exposition #ej gold co91 respectively4 
,su* co9s--  7i7 %all h an obv]se       
depict+ ! head ( ! goddess ,m9]va1 ) a  
,cor9?ian-/yle helmet1 enclos$ 9 a r+ ( 

beads2  7ii7 ) a rev]se--  7,i7 depict+ 
an owl p]*$ on a p9e b\gh complete ) f\r
 p9e cones & multiple sprigs ( p9e      
ne$les surr\nd$ by ! same r+ ( beads    
depict$ on ! obv]se2 &  7,,ii7 depict+1 
outside ?is r+1 ! inscriptions          
,,panama-,,pacific ,,exposition & ,,san 
,,francisco 9 a s+le l9e ( text circl+ !
 entire rim1 ) ! words sep>at$ by dots2 
&  7iii7 ) respect to ! octagonal co91  
su* co9 %all also h an obv]se & rev]se t
 depicts1 9 ! eight angles ( ! v]tices1 
eight /yliz$ dolph9s t =m an out]       
circle4  7,b7 ,two & "o-half doll> gold 
co9s ,! two & "o-half doll> gold co9s   
m9t$ "u ?is ,act %all be a close lik5ess
 ( ! ,panama-,pacific ,exposition two & 
"o-half doll> gold co91 &--  7i7 !      
obv]se %all be> ! ,greek goddess        
,columbia rid+ sidesaddle on ! back ( a 
,greek my?ological hippocampus seahorse1
 ) a caduceus 9 h] left h&2 &  7ii7 !   
rev]se %all be> an eagle p]*$ on a      
plaque t is inscrib$ ,e ,pluribus ,unum 
& ,unit$ ,/ates ( ,am]ica4  7,c7 #a gold

 co9s ,! #a gold co9 m9t$ "u ?is ,act   
%all be a close lik5ess ( !             
,panama-,pacific ,exposition #a gold    
co91 &--  7i7 ! obv]se %all be> ! pr(ile
 ( a man we>+ a cap :i* is int5d$ to    
depict a labor] :o work$ on !           
con/ruction ( ! ,panama ,canal2 &  7ii7 
! rev]se %all be> ! image ( two dolph9s 
symboliz+ ! meet+ ( ! two oceans1 ) !   
inscriptions ,,panama ,,pacific         
,,exposition & ,,san ,,francisco4  7,d7 
,half doll> silv] co9s ,! half doll>    
silv] co9s m9t$ "u ?is ,act %all be     
design$--  7i7 to be a close lik5ess ( !
 #aiae ,panama ,pacific ,exposition half
 doll> co92  7ii7 ) an obv]se depict+   
,columbia scatt]+ fl[]s f a cornucopia  
held by a small *ild t[>ds a sunset on !
 ,gold5 ,gate 7prior to ! con/ruction ( 
! n[ fam\s bridge71 :i* 0 design$ by !  
,m9t's !n-,*ief ,engrav]1 ,*>les ,b>b]2 
&  7iii7 ) a rev]se depict+ an eagle    
re/+ on ! union %ield ) an oak bran* to 
its left1 = /ability & /r5g?1 & an olive
 bran* to its "r1 = peace1 cr$it$ to    

,b>b]'s assi/ant ,george ,t4 ,morgan1   
design] ( ! ,morgan doll>4  7#c7        
,designation & inscriptions ,on ea* co9 
m9t$ "u ?is ,act !re %all be--  7,a7 a  
designation ( ! value ( ! co92  7,b7 an 
inscription ( ! ye>--  7i7 depict$ 9    
,roman num]als 7,,mmxvii71 9 ! case ( ! 
#e & half doll> co9s2 &  7ii7 #bjag1 9 !
 case ( ! #a co9s & ! two & "o-half     
doll> gold co9s2 &  7,c7 inscriptions ( 
! words ,lib]ty1 ,9 ,god ,we ,tru/1     
,unit$ ,/ates ( ,am]ica1 & ,e ,pluribus 
,unum4  7b7 ,selection ,! design = !    
co9s m9t$ "u ?is ,act %all be--  7#a7   
select$ by ! ,secret>y aft] consultation
 ) ! ,commission ( ,f9e ,arts2 &  7#b7  
review$ by ! ,citiz5s ,co9age ,advisory 
,committee4  #e4 ,circulat+ co9  7a7 ,9 
g5]al ,! ,secret>y may issue circulat+  
clad half doll> co9s1 z describ$ "u     
section #eaab ( title #ca1 ,unit$ ,/ates
 ,code1 9 ! same design z describ$ = !  
half doll> silv] co9s "u section        
#d7;a77#b77;,d74  7b7 ,limitation ,if ! 
,secret>y issues su* circulat+ half     

doll> co9s1 ! ,secret>y--  7#a7 may     
issue !m 9 no m ?an #e consecutive      
cal5d> ye>s1 beg9n+ 9 cal5d> ye> #bjag2 
&  7#b7 %all ensure t1 ( ! total numb] (
 half doll> co9s issu$ 9 any su* cal5d> 
ye>1 n m ?an half ( su* co9s are made up
 ( ! half doll> co9s issu$ pursuant to  
?is section4  #f4 ,issuance ( co9s  7a7 
,quality ( co9s ,co9s m9t$ "u ?is ,act  
%all be issu$ 9 uncirculat$ & pro(      
qualities4  7b7 ,m9t facility ,only #a  
facility ( ! ,unit$ ,/ates ,m9t may be  
us$ to /rike any p>ticul> quality ( !   
co9s m9t$ "u ?is ,act4  7c7 ,p]iod =    
issuance ,! ,secret>y may issue co9s    
m9t$ "u ?is ,act1 o!r ?an co9s describ$ 
"u section #e1 only dur+ ! #a-ye> p]iod 
beg9n+ on ,janu>y #a1 #bjag4  #g4 ,sale 
( co9s  7a7 ,sale price ,! co9s issu$ "u
 ?is ,act1 o!r ?an co9s describ$ "u     
section #e1 %all be sold by ! ,secret>y 
at a price equal to ! sum (--  7#a7 !   
face value ( ! co9s2  7#b7 ! sur*>ge    
provid$ 9 section #h7;a7 ) respect to   
su* co9s2 &  7#c7 ! co/ ( design+ &     

issu+ ! co9s 7includ+ labor1 mat]ials1  
dies1 use ( ma*9]y1 ov]head exp5ses1    
m>ket+1 & %ipp+74  7b7 ,bulk sales ,!   
,secret>y %all make bulk sales ( ! co9s 
issu$ "u ?is ,act1 o!r ?an co9s describ$
 "u section #e1 at a reasonable disc\nt4
  7c7 ,prepaid ord]s  7#a7 ,9 g5]al ,!  
,secret>y %all accept prepaid ord]s = ! 
co9s m9t$ "u ?is ,act1 o!r ?an co9s     
describ$ "u section #e1 be=e ! issuance 
( su* co9s4  7#b7 ,disc\nt ,sale prices 
) respect to prepaid ord]s "u p>agraph  
7#a7 %all be at a reasonable disc\nt4   
#h4 ,sur*>ges  7a7 ,9 g5]al ,all sales (
 co9s issu$ "u ?is ,act1 o!r ?an co9s   
describ$ "u section #e1 %all include a  
sur*>ge (--  7#a7 #ce p] co9 = ! #e     
co9s2  7#b7 #bj p] co9 = ! two & "o-half
 doll> co92  7#c7 #ae p] co9 = ! #a co92
 &  7#d7 #aj p] co9 = ! half doll> co94 
7b7 ,di/ribution ,subject to section    
#eacd7;f77#a7 ( title #ca1 ,unit$ ,/ates
 ,code1 all sur*>ges receiv$ by !       
,secret>y f ! sale ( co9s issu$ "u ?is  
,act1 o!r ?an co9s describ$ "u section  

#e1 %all be promptly paid by ! ,secret>y
 to ! ,san ,francisco ,museum &         
,hi/orical ,society = ! design &        
con/ruction ( appropriate exhibitions 9 
! ,san ,francisco ,museum & ,hi/orical  
,society1 includ+ ! necess>y adaptive   
reuse ( ! ,old ,m9t1 commemorat+ !      
,panama-,pacific ,int]national          
,exposition1 z well z ! developm5t (    
appropriate exhibitions at ! ,palace (  
,f9e ,arts on ! gr\nds ( ! =m]          
,panama-,pacific ,int]national          
,exposition4  7c7 ,audits ,! ,comptroll]
 ,g5]al ( ! ,unit$ ,/ates %all h ! "r to
 exam9e su* books1 records1 docum5ts1 & 
o!r data ( ea* ( ! organizations ref]r$ 
to 9 subsection 7b7 z may be relat$ to !
 exp5ditures ( am\nts paid "u su*       
subsection4  7d7 ,limitation ,not)/&+   
subsection 7a71 no sur*>ge may be       
includ$ ) respect to ! issuance "u ?is  
,act1 o!r ?an co9s describ$ "u section  
#e1 ( any co9 dur+ a cal5d> ye> if1 z ( 
! "t ( su* issuance1 ! issuance ( su*   
co9 w\ld result 9 ! numb] (             

commemorative co9 programs issu$ dur+   
su* ye> to exce$ ! annual #b            
commemorative co9 program issuance      
limitation "u section #eaab7m77#a7 (    
title #ca1 ,unit$ ,/ates ,code 7z 9     
effect on ! date ( ! enactm5t ( ?is     
,act74 ,! ,secret>y ( ! ,treasury may   
issue guidance to c>ry out ?is          
subsection4