,i #aaeth ,,congress #ast ,session ,h4 ,r4 #cbgd ,,in ,,the ,,house ,,of ,,representatives ,july #ag1 #bjag,mr4 ,mc,carthy 7for himself and ,mr4 ,kennedy7 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 ,president ,john ,f4 ,kennedy4 #a4 ,short title ,this ,act may be cited as the ,president ,john ,f4 ,kennedy ,commemorative ,coin ,act4 #b4 ,findings ,the ,congress finds that-- 7#a7 ,john ,fitzgerald ,kennedy served in the ,united ,states ,navy1 earning the ,navy and ,marine ,corps ,medal and a ,purple ,heart for his actions following the sinking of ,,pt-#aji during ,world ,war ,,ii2 7#b7 ,john ,fitzgerald ,kennedy served honorably in the ,united ,states ,house of ,representatives from #aidg to #aiec2 7#c7 ,john ,fitzgerald ,kennedy served honorably in the ,united ,states ,senate from #aiec to #aifj2 7#d7 in #aifj1 at #dc years of age1 ,john ,fitzgerald ,kennedy became the youngest person ever elected ,president of the ,united ,states2 7#e7 in his inaugural address1 ,president ,kennedy challenged all people of the ,united ,states to ask not what your country can do for you--ask what you can do for your country2 7#f7 ,president ,kennedy's call to service laid the foundation for the development of the ,peace ,corps2 7#g7 ,president ,kennedy again challenged the ,united ,states to put a man on the moon by the end of the #aifjs and his moonshot is credited for spurring an interest in science and innovation2 7#h7 #bjag marks the #ajjth anniversary of the birth of ,president ,kennedy1 the #ceth ,president of the ,united ,states2 and 7#i7 a commemorative coin honoring ,president ,kennedy's legacy of courage1 service1 innovation1 and inclusion will be a reminder to future generations of the importance of service to one's country4 #c4 ,coin specifications 7a7 #a silver coins ,the ,secretary of the ,treasury 7hereafter in this ,act referred to as the ,secretary7 shall mint and issue not more than #ejj1jjj #a coins in commemoration of ,president ,john ,f4 ,kennedy1 which shall-- 7#a7 weigh #bf4gc grams2 7#b7 have a diameter of #a4ejj inches2 and 7#c7 contain not less than #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 sections #eacd and #eacf 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 life and legacy of ,president ,john ,f4 ,kennedy4 7#b7 ,design 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 the year #bjbj2 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 ,john ,f4 ,kennedy ,library ,foundation and the ,commission of ,fine ,arts2 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 uncirculated and proof qualities4 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 for issuance ,the ,secretary may issue coins 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 of #aj per 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 ,john ,f4 ,kennedy ,library ,foundation1 to support the ,john ,f4 ,kennedy ,presidential ,library and ,museum4 7c7 ,limitations ,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