,,ii  #aaeth ,,congress  #ast ,session  
,s4 #aff  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,january #ag1       
#bjag,mr4 ,hatch 7for himself and ,mr4  
,booker7 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 ,muhammad     
,ali4  #a4 ,short title ,this ,act may  
be cited as the ,muhammad ,ali          
,commemorative ,coin ,act4  #b4         
,findings ,congress finds that-- 7#a7   
,muhammad ,ali was an ,olympic gold     
medalist1 #c-time ,world ,heavyweight   
,champion boxer1 and one of the most    
celebrated and well-known athletes in   
,american history2  7#b7 ,muhammad ,ali 
showed1 beyond his impressive fighting  
prowess in the boxing ring1 even greater
 courage and tenacity as an advocate    
outside the ring2  7#c7 ,muhammad ,ali  
was a great philanthropist and a strong 
champion of peace1 equality1 and        

freedom2  7#d7 ,muhammad ,ali remains an
 icon of freedom of conscience2  7#e7   
,muhammad ,ali was a prominent ,african 
,american of the ,muslim faith1 and was1
 and continues to be1 a role model to   
the citizens of the ,united ,states of  
all races1 ethnicities1 and religions2  
7#f7 ,muhammad ,ali used his fame to    
advocate for humanitarian causes in     
audiences with world leaders ranging    
from religious leaders to heads of      
state2 and  7#g7 ,muhammad ,ali inspired
 people around the globe in displaying  
the same vibrant and larger-than-life   
character and dedication in spite of his
 physical ailments4  #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 coins in commemoration of     
,muhammad ,ali3 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 #cej1jjj #a coins1 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      
section #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    
,muhammad ,ali4  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 ,muhammad   
,ali ,center2 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-- 7#a7 #ce per   
coin for the #e coin2 and  7#b7 #aj per 
coin for the #a 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 as follows3  7#a7 ,eighty    
percent of the surcharges shall be paid 
to the ,muhammad ,ali ,center in        
,louisville1 ,kentucky1 to ensure growth
 and innovation in museum programming to
 research1 promote1 and educate on the  
legacy of ,muhammad ,ali4  7#b7 ,ten    
percent of the surcharges shall be paid 
to the ,muhammad ,ali ,institute for    
,peace and ,justice at the ,university  
of ,louisville to advance the work1     
study and practice of peacebuilding1    
social justice1 and violence prevention 
through the development of innovative   
educational programs1 training1 service1
 and research4  7#c7 ,ten percent of the
 surcharges shall be paid to the        
,muhammad ,ali ,parkinson ,center       
7,,mapc7 and ,movement ,disorder ,clinic
 to continue serving as a resource for  
,parkinson's disease patients and their 
families through the provision of       
diagnosis1 treatments1 research1 and    
education4  7c7 ,audit ,the ,comptroller
 ,general of the ,united ,states shall  

have the right to examine such books1   
records1 documents1 and other data of   
each of the organizations referred to in
 subsection 7b7 as may be related to the
 expenditures of amounts paid under that
 subsection4  7d7 ,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