,,ii #aaeth ,,congress #ast ,session ,s4 #ajba ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,may #c1 #bjag,mr4 ,murphy 7for himself1 ,mr4 ,blumenthal1 and ,mr4 ,boozman7 introduced the following bill2 which was read twice and referred to the ,committee on ,banking1 ,housing1 and ,urban ,affairs ,a ,,bill ,to require the ,secretary of the ,treasury to mint coins in commemoration of the ,united ,states ,coast ,guard4 #a4 ,short title ,this ,act may be cited as the ,united ,states ,coast ,guard ,commemorative ,coin ,act of #bjag4 #b4 ,findings ,the ,congress finds that-- 7#a7 the ,united ,states ,coast ,guard was founded on ,august #d1 #agij1 as the ,revenue ,cutter ,service under the ,united ,states ,department of the ,treasury2 7#b7 ,congress created the ,coast ,guard on ,january #bh1 #aiae1 by merging the ,revenue ,cutter ,service and the ,united ,states ,lifesaving ,service1 which was moved to the ,department of ,transportation in #aifg1 and on ,february #be1 #bjjc1 became part of the ,department of ,homeland ,security2 7#c7 although the smallest of the uniformed services1 today the ,united ,states ,coast ,guard conducts a wide variety of missions to protect the public1 the environment1 and the ,united ,states economic and security interests in any maritime region1 including international waters and coasts1 ports1 and inland waterways in the ,united ,states2 7#d7 every day1 the ,united ,states ,coast ,guard plays a broad and important role in homeland security1 law enforcement1 search and rescue1 marine environmental pollution response1 and the maintenance of river1 intracoastal1 and offshore aids to navigation2 7#e7 the ,united ,states ,coast ,guard is the oldest seagoing military service in the ,united ,states1 staying true to their motto1 ,semper ,paratus or ,always ,ready1 for #bbe years2 7#f7 the ,united ,states ,coast ,guard is supported by over #ej1jjj active duty1 reserve1 and civilian personnel1 who in #bjae responded to #af1djj search and rescue cases saving #c1ejj lives1 conducted #bj1gge waterborne patrols of critical maritime infrastructure1 escorted over #a1iee high-capacity passenger vessels1 conducted nearly #h1fjj security boardings in and around ,u4,s4 ports1 removed #d1ijj1jjj1jjj worth of illegal drugs1 interdicted #f1jjj undocumented migrants attempting to illegally enter the ,united ,states1 and maintained #dg1jjj navigation aids that support #c1bjj1jjj1jjj1jjj in economic activity on the waterways of the ,united ,states2 7#g7 section #bac of the ,coast ,guard and ,maritime ,transportation ,act of #bjjd 7,public ,law #ajh-bic2 #aah ,stat4 #ajcg7 stated that the ,commandant may establish a ,national ,coast ,guard ,museum1 on lands which will be federally owned and administered by the ,coast ,guard1 and are located in ,new ,london1 ,connecticut1 at1 or in close proximity to1 the ,coast ,guard ,academy2 7#h7 the ,national ,coast ,guard ,museum ,association1 a nonprofit association dedicated to improve public understanding of the history1 service and missions of the ,coast ,guard1 is working with the ,united ,states ,coast ,guard1 the ,city of ,new ,london1 the ,state of ,connecticut1 and a range of local1 regional1 and national stakeholders to develop1 plan and raise capital for the ,national ,coast ,guard ,museum1 to be located in ,new ,london1 ,connecticut2 and 7#i7 the ,united ,states ,coast ,guard is the only military service without a national museum through which to share its history and legacy with the ,american public4 #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 #ajj1jjj #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 #ejj1jjj #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 7#c7 ,half dollar clad coins ,not more than #gej1jjj half dollar coins1 which shall-- 7,a7 weigh #aa4cd grams2 7,b7 have a diameter of #a4bje inches2 and 7,c7 be minted to the specifications for half dollar coins1 contained in section #eaab7;b7 of title #ca1 ,united ,states ,code4 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 ,coin 7a7 ,design requirements 7#a7 ,in general ,the design of the coins minted under this ,act shall be emblematic of the traditions1 history1 and heritage of the ,united ,states ,coast ,guard1 and the role of the ,united ,states ,coast ,guard in securing the ,united ,states since #agij4 7#b7 ,designations and inscriptions ,on each coin minted under this ,act1 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 ,e ,pluribus ,unum1 and ,semper ,paratus4 7b7 ,selection ,the design for the coins minted under this ,act shall-- 7#a7 contain motifs that specifically honor the ,united ,states ,coastguardsman of both today and yesterday1 in wartime and in peace1 such designs to be consistent with the traditions and heritage of the ,united ,states ,coast ,guard1 the mission and goals of the ,national ,coast ,guard ,museum1 and the missions and goals of the ,national ,coast ,guard ,museum ,association2 7#b7 be selected by the ,secretary1 after consultation with the ,secretary of ,homeland ,security1 the ,national ,coast ,guard ,museum ,association1 and the ,commission of ,fine ,arts2 and 7#c7 be 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 facilities ,for each of the #c coins minted under this ,act1 at least #a facility of the ,united ,states ,mint shall be used to strike proof quality coins1 while at least #a other such facility shall be used to strike the uncirculated quality coins4 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 minted under this ,act shall include a surcharge as follows3 7#a7 ,a surcharge of #ce per coin for the #e coin4 7#b7 ,a surcharge of #aj per coin for the #a coin4 7#c7 ,a surcharge of #e per coin for the half dollar coin4 7b7 ,distribution ,subject to section #eacd7;f7 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 ,national ,coast ,guard ,museum ,association to help finance the design1 construction1 operations1 and maintenance of the ,national ,coast ,guard ,museum4 7c7 ,audits ,the ,national ,coast ,guard ,museum ,association 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 ,code4 ,the ,secretary 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