,i #aafth ,,congress #ast ,session ,h4 ,r4 #cgeg ,,in ,,the ,,house ,,of ,,representatives ,july #ae1 #bjai,mr4 ,cleaver 7for himself and ,mr4 ,barr7 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 centennial of the minting of the ,morgan dollar and the ,peace dollar4 #a4 ,short title ,this ,act may be cited as the #aiba ,silver ,dollar ,commemorative ,coin ,act4 #b4 ,findings ,congress finds the following3 7#a7 ,the ,united ,states of ,america entered the ,first ,world ,war when it declared war against ,germany on ,april #f1 #aiag4 7#b7 ,the armed hostilities ceased on ,november #aa1 #aiah1 the #aath hour of the #aath day of the #aath month4 7#c7 ,the ,first ,world ,war effectively ended on ,june #bh1 #aiai1 with the ,treaty of ,versailles1 but the ,united ,states ,senate failed to ratify that treaty and later ratified a peace agreement with ,germany on ,october #ba1 #aiba4 7#d7 ,over #d1gjj1jjj ,american military personnel served during the ,first ,world ,war with #aaf1eaf sacrificing their lives for freedom and another #bjd1jjb wounded4 7#e7 ,in ,december #aiba1 the ,peace silver dollar 7in this ,act referred to as the ,peace dollar7 was approved by ,treasury ,secretary ,andrew ,mellon1 replacing the ,morgan silver dollar 7in this ,act referred to as the ,morgan dollar7 and commemorating the declaration of peace between the ,united ,states and the ,imperial ,german government4 7#f7 ,the ,peace dollar was designed by ,anthony de ,francisci with the ,goddess of ,liberty on the obverse and a bald eagle clutching the olive branch 7a symbol of peace7 on the reverse4 ,the ,peace dollars were minted between #aiba-aice4 7#g7 ,the ,morgan dollar was designed by ,george ,t4 ,morgan and was minted from #ahgh to #aijd1 and again in #aiba4 ,the obverse depicts a profile portrait of ,lady ,liberty and on the reverse1 a heraldic eagle4 7#h7 ,the conversion from the ,morgan dollar to the ,peace dollar design in #aiba reflected a pivotal moment in ,american history4 ,the ,morgan dollar represents the country's westward expansion and industrial development in the late #aith century4 ,the ,peace dollar symbolizes the country's coming of age as an international power while recognizing the sacrifices made by her citizens in ,world ,war ,i and celebrating the victory and peace that ensued4 7#i7 ,these iconic silver dollars with vastly different representations of ,lady ,liberty and the ,american ,eagle1 reflect a changing of the guard in #aiba in the ,united ,states and therefore on the #ajjth anniversary must be minted again to commemorate this significant evolution of ,american freedom4 #c4 ,coin specifications 7a7 #a silver coins ,the ,secretary of the ,treasury 7referred to in this ,act as the ,secretary7 shall mint and issue not more than a total of #ejj1jjj #a coins in commemoration of the ,morgan dollar and the ,peace dollar1 each of 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 designs of the coins minted under this ,act shall be representative of either the ,morgan dollar or the ,peace dollar4 7#b7 ,designation 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 #bjba2 and 7,c7 inscriptions of the words ,liberty1 ,in ,god ,we ,trust1 ,united ,states of ,america1 and ,e ,pluribus ,unum4 7b7 ,selection ,the designs for the coins minted under this ,act shall be-- 7#a7 selected by the ,secretary after consultation with 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 ,notwithstanding section #eaca of title #ca1 ,united ,states ,code1 it is the sense of ,congress that if the ,secretary determines it to be feasible and cost effective1 the ,secretary may mint some of the coins minted under this ,act at the ,nevada ,state ,museum 7formerly a ,united ,states ,mint facility7 located in ,carson ,city1 ,nevada4 7c7 ,period for issuance ,the ,secretary may issue coins under this ,act only during the #a-year period beginning on ,january #a1 #bjba4 #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 described in section #g with respect to the 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 date on which the coins are issued4 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;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 as follows3 7#a7 ,forty percent of all surcharges shall be paid to the ,american ,numismatic ,association for the purpose of numismatic educational activities4 7#b7 ,forty percent of all surcharges shall be paid to the ,national ,world ,war ,i ,museum and ,memorial in ,kansas ,city1 ,missouri1 for the purposes of education and commemoration activities relating to ,world ,war ,i and its enduring impact4 7#c7 ,twenty percent of all surcharges shall be paid to the ,nevada ,state ,museum 7formerly a ,united ,states ,mint facility7 located in ,carson ,city1 ,nevada1 for the purposes of-- 7,a7 supporting the preservation of the historic features of the museum relating to the ,united ,states ,mint2 7,b7 designing interpretive programs that connect visitors to the significance of minting in the ,united ,states1 the ,comstock ,lode1 and the ,american ,west2 and 7,c7 to support the activities of the ,nevada ,division of ,museums and ,history4 7c7 ,audits ,the entities described under subsection 7b7 shall be subject to the audit requirements under section #eacd7;f77#b7 of title #ca1 ,united ,states ,code1 with respect to the amounts received under such subsection4 7d7 ,limitation ,notwithstanding subsection 7a71 no surcharge may be included with respect to the issuance of any coin under this ,act during a calendar year if1 on the date of the issuance1 the issuance of the coin would result in the number of commemorative coin programs issued during that year to exceed the limitation under section #eaab7m77#a7 of title #ca1 ,united ,states ,code4 #h4 ,financial assurances ,except with respect to extraordinary costs associated with compliance with section #e7;b71 the ,secretary shall take such actions as may be necessary to ensure that-- 7#a7 minting and issuing coins under this ,act shall result in no net cost to the ,federal ,government2 and 7#b7 no funds1 including applicable surcharges1 may 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