,i  #aadth ,,congress  #ast ,session    
,h4 ,r4 #bihj  ,,in ,,the ,,house ,,of  
,,representatives  ,july #h1 #bjae ,mr4 
,foster 7for himself and ,mr4 ,cramer7  
introduced the following bill2 which was
 referred to the ,committee on          
,financial ,services  ,a ,,bill  ,to    
require the ,secretary of the ,treasury 
to mint coins in commemoration of the   
#djjth anniversary of arrival of the    
,pilgrims4  #a4 ,short title ,this ,act 
may be cited as the ,mayflower          
,commemorative ,coin ,act4  #b4         
,findings ,the ,congress finds the      
following3  7#a7 ,the arrival of the    
,pilgrims at ,plymouth1 ,massachusetts1 
in #afbj has major significance in the  
history of the ,united ,states4  7#b7   
,the ,mayflower ,compact laid the       
foundation and moral framework for the  
future laws of the ,united ,states4     
7#c7 ,the ,general ,society of          
,mayflower ,decedents' mission is-- 7,a7
 to tell the story of the ,pilgrim's    
journey on the ,mayflower in #afbj1     

bringing with them principles of civil  
and religious liberty to ,america as    
memorialized in the ,mayflower ,compact2
  7,b7 to raise public awareness and    
increase the public understanding of the
 importance of the ,pilgrim's lives and 
legacies2 and  7,c7 to encourage a      
passion for history4  7#d7 ,a           
commemorative coin will bring national  
and international attention to the      
lasting legacy of this important event4 
7#e7 ,the proceeds from a surcharge on  
the sale of such commemorative coin will
 assist the financing of educational1   
scholarship1 and outreach programs2  #c4
 ,coin specifications  7a7              
,denominations ,the ,secretary of the   
,treasury 7hereafter in this ,act       
referred to as the ,secretary7 shall    
mint and issue the following coins3 7#a7
 #e gold coins ,not more than #ej1jjj #e
 coins1 which shall--  7,a7 weigh #h4cei
 grams2  7,b7 have a diameter of #j4hej 
inches2 and  7,c7 contain #ij percent   
gold and #aj percent alloy4  7#b7 #a    

silver coins ,not more than #ajj1jjj #a 
coins1 which shall--  7,a7 weigh #bf4gc 
grams2  7,b7 have a diameter of #a4ejj  
inches2 and  7,c7 contain at least #ij  
percent silver4  7b7 ,legal tender ,the 
coins minted under this ,act shall be   
legal tender1 as provided in section    
#eajc of title #ca1 ,united ,states     
,code4  7c7 ,numismatic ,items ,for     
purposes of section #eacd of title #ca1 
,united ,states ,code1 all coins minted 
under this ,act shall be considered to  
be numismatic items4  #d4 ,design of    
coins  7a7 ,design requirements  7#a7   
,in general ,the design of the coins    
minted under this ,act shall be         
emblematic of the arrival of the        
,pilgrims4  7#b7 ,designation and       
inscriptions ,on each coin minted under 
this ,act there shall be--  7,a7 a      
designation of the value of the coin2   
7,b7 an inscription of--  7i7 the mint  
date #bjbj2 and  7ii7 the year #afbj2   
and  7,c7 inscriptions of the words     
,liberty1 ,in ,god ,we ,trust1 ,united  

,states of ,america1 and ,e ,pluribus   
,unum4  7b7 ,selection ,the design for  
the coins minted under this ,act shall  
be--  7#a7 selected by the ,secretary   
after consultation with the ,commission 
of ,fine ,arts and the ,general ,society
 of ,mayflower ,descendants2 and  7#b7  
reviewed by the ,citizens ,coinage      
,advisory ,committee4  #e4 ,issuance of 
coins  7a7 ,quality of coins ,coins     
minted under this ,act shall be issued  
in proof quality and uncirculated       
quality4  7b7 ,mint facility ,only #a   
facility of the ,united ,states ,mint   
may be used to strike any particular    
quality of the coins minted under this  
,act4  7c7 ,period of issuance ,the     
,secretary may issue coins1 to the      
public1 minted under this ,act only     
during the #a-year period beginning on  
,january #a1 #bjbj4  #f4 ,sale of coins 
7a7 ,sale price ,the coins issued under 
this ,act shall be sold by the          
,secretary at a price equal to the sum  
of-- 7#a7 the face value of the coins2  

7#b7 the surcharge provided in section  
#g7;a7 with respect to such coins2 and  
7#c7 the cost of designing and issuing  
the coins 7including labor1 materials1  
dies1 use of machinery1 overhead        
expenses1 marketing1 and shipping74  7b7
 ,bulk sales ,the ,secretary shall make 
bulk sales of the coins issued under    
this ,act at a reasonable discount4  7c7
 ,prepaid orders  7#a7 ,in general ,the 
,secretary shall accept prepaid orders  
for the coins minted under this ,act    
before the issuance of such coins4  7#b7
 ,discount ,sale prices with respect to 
prepaid orders under paragraph 7#a7     
shall be at a reasonable discount4  #g4 
,surcharges  7a7 ,in general ,all sales 
of coins issued under this ,act shall   
include a surcharge as follows3  7#a7 ,a
 surcharge of #ce per coin for the #e   
gold coin4  7#b7 ,a surcharge of #aj per
 coin for the #a silver coin4  7b7      
,distribution ,subject to section       
#eacd7;f77#a7 of title #ca1 ,united     
,states ,code1 all surcharges received  

by the ,secretary from the sale of coins
 issued under this ,act shall be        
promptly paid by the ,secretary to the  
,general ,society of ,mayflower         
,descendants for educational purposes4  
7c7 ,audits ,the ,general ,society of   
,mayflower ,descendants shall be subject
 to the audit requirements of section   
#eacd7;f77#b7 of title #ca1 ,united     
,states ,code1 with regard to the       
amounts received under subsection 7b74  
7d7 ,limitation ,notwithstanding        
subsection 7a71 no surcharge may be     
included with respect to the issuance   
under this ,act of any coin during a    
calendar year if1 as of the time of such
 issuance1 the issuance of such coin    
would result in the number of           
commemorative coin programs issued      
during such year to exceed the annual #b
 commemorative coin program issuance    
limitation under section #eaab7m77#a7 of
 title #ca1 ,united ,states ,code 7as in
 effect on the date of the enactment of 
this ,act74 ,the ,secretary of the      

,treasury may issue guidance to carry   
out this subsection4  #h4 ,financial    
assurances ,the ,secretary shall take   
such actions as may be necessary to     
ensure that-- 7#a7 minting and issuing  
coins under this ,act will not result in
 any net cost to the ,united ,states    
,government2 and  7#b7 no funds1        
including applicable surcharges1 shall  
be disbursed to any recipient designated
 in section #g until the total cost of  
designing and issuing all of the coins  
authorized by this ,act 7including      
labor1 materials1 dies1 use of          
machinery1 overhead expenses1 marketing1
 and shipping7 is recovered by the      
,united ,states ,treasury1 consistent   
with sections #eaab7m7 and #eacd7;f7 of 
title #ca1 ,united ,states ,code4