#aai? ,,congress  #b;d ,session  ,h4 ,r4
 #efaf  ,,an ,,act  ,to am5d title #ca1 
,unit$ ,/ates ,code1 to require !       
,secret>y ( ! ,treasury to m9t & issue  
#b4ej numismatic co9s1 & = o!r purposes4
  #a4 ,%ort title ,?is ,act may be cit$ 
z ! #b4ej = ,am]ica's #bej? ,act4  #b4  
,f9d+s ,congress f9ds ! foll[+3  7#a7 ,!
 #bej? anniv]s>y ( ! sign+ ( !          
,decl>ation ( ,indep5d5ce 0 a turn+ po9t
 9 ! hi/ory ( ! ,unit$ ,/ates & ! _w t  
w>rants national recognition4  7#b7 ,!  
#fh? ,congress celebrat$ ?is fact by    
au?oriz+ ! ,unit$ ,/ates ,m9t to        
commemorate ! #aej? anniv]s>y ( ,am]ican
 indep5d5ce by issu+ #b4ej co9s4  7#c7  
,! issuance ( a #b4ej anniv]s>y co9 = ! 
#bej? anniv]s>y s]ves z a hi/orically   
gr\nd$ cont9uation ( ?is numismatic     
tradition & connects ,am]icans today ) a
 legacy ( national celebration ?r\gh    
co9age4  7#d7 ,! design & di/ribution ( 
?is co9 (f] a unique & accessible       
opportunity = ! ,am]ican p to engage ) &
 take p]sonal own]%ip ( _! national     

h]itage ?r\gh a tangible & la/+ tribute4
  7#e7 ,e citiz5 des]ves ! opportunity  
to acquire su* a co9 z a means to       
connect to ! f\nd+ pr9ciples ( lib]ty1  
democracy1 & self-gov]nance4  7#f7 ,9   
addition to ! congressionally au?oriz$  
activities already plann$ by ! m9t1 ?is 
new anniv]s>y co9 w s]ve n only z a la/+
 tribute to ! f\nd+ g5]ation & ! ideals 
we %>e ) !m to ?is day1 b also z a      
unify+ & educational ge/ure on !        
occasion ( ! semiqu9c5t5nial4  #c4 ,m9t+
 & issu+ ( #b4ej numismatic co9s  7a7 ,9
 g5]al ,section #eaab ( title #ca1      
,unit$ ,/ates ,code1 is am5d$ by add+ at
 ! end ! foll[+3  7bb7 ,numismatic #b4ej
 co9  7#a7 ,9 g5]al ,! ,secret>y may m9t
 & issue--  7,a7 n m ?an #ajj1jjj #b4ej 
numismatic co9s1 ea* ( :i* %all weigh   
#d4agie grams1 h a diamet] ( #j4dbe     
in*es1 & conta9 n less ?an #ij p]c5t    
gold2  7,b7 n m ?an #cjj1jjj #b4ej      
numismatic co9s1 ea* ( :i* %all weigh   
#bf4gc grams1 h a diamet] ( #a4e in*es1 
& conta9 n less ?an #ij p]c5t silv]2 &  

7,c7 n m ?an #gej1jjj #b4ej numismatic  
co9s1 ea* ( :i* %all weigh #aa4cd grams1
 h a diamet] ( #a4bje in*es1 & be m9t$  
to ! specifications = half-doll> co9s   
conta9$ 9 section #eaab7;b7 ( title #ca1
 ,unit$ ,/ates ,code4  7#b7 ,design     
7,a7 ,obv]se ,! obv]se design ( any co9 
m9t$ & issu$ "u ?is subsection %all1    
dur+ ! #b-ye> p]iod beg9n+ on ! date !  
,secret>y issues any co9 "u ?is         
subsection1 be> ! image ( allegorical   
lib]ty wield+ ! ,decl>ation (           
,indep5d5ce featur$ on ! gold #b4ej     
,sesquic5t5nial ,co9 issu$ 9 #aibf4     
7,b7 ,rev]se ,! rev]se design ( any co9 
m9t$ & issu$ "u ?is subsection %all1    
dur+ ! #b-ye> p]iod beg9n+ on ! date !  
,secret>y issues any co9 "u ?is         
subsection1 be> ! image ( ,indep5d5ce   
,hall featur$ on ! gold #b4ej           
,sesquic5t5nial ,co9 issu$ 9 #aibf4     
7,c7 ,additional inscriptions ,dur+ !   
#b-ye> p]iod beg9n+ on ! date !         
,secret>y issues any co9 "u ?is         
subsection1 ea* co9 m9t$ & issu$ "u ?is 

subsection %all be> ! inscriptions      
,semiqu9c5t5nial ( ! ,unit$ ,/ates &    
#aggf-bjbf4  4  7b7 ,s5se ( ,congress ,x
 is ! s5se ( ! ,congress t ! numismatic 
co9s describ$ 9 section #eaab7;bb7 (    
title #ca1 ,unit$ ,/ates ,code1 %\ld be 
m9t$ & issu$ n lat] ?an ,july #d1 #bjbf1
 or z soon z x is te*nically &          
economically feasible4  #d4 ,/udy &     
,report  7a7 ,/udy ,! ,secret>y ( !     
,treasury1 act+ ?r\gh ! ,director ( !   
,unit$ ,/ates ,m9t %all conduct a       
compreh5sive /udy to evaluate !         
feasibility1 practicality1 & pot5tial   
public b5efits ( m9t+ & issu+ a #b4ej   
co9 = wide circulation 9 ! ,unit$       
,/ates4  7b7 ,report ,! ,secret>y ( !   
,treasury1 act+ ?r\gh ! ,director ( !   
,unit$ ,/ates ,m9t %all1 n lat] ?an     
,septemb] #ae1 #bjbf1 submit a report to
 ! ,committee on ,f9ancial ,s]vices ( ! 
,h\se ( ,repres5tatives & ! ,committee  
on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! 
,s5ate ab\t ! /udy c>ri$ out "u         
subsection 7a7 t includes-- 7#a7 an     

analysis ( ! hi/orical use ( ! #b4ej    
d5om9ation2  7#b7 project$ production   
co/s associat$ ) m9t+ & issu+ a #b4ej   
co9 = wide circulation2  7#c7 !         
co/-effectiv5ess ( m9t+ & issu+ a #b4ej 
co9 = wide circulation :5 comp>$ to !   
co/s associat$ ) m9t+ & issu+ o!r co9s2 
7#d7 an evaluation ( pot5tial b5efits to
 comm]ce1 co9 h&l+1 & transaction       
effici5cy t w\ld be associat$ ) ! m9t+ &
 issu+ a #b4ej co9 = wide circulation2  
7#e7 propos$ physical *>act]i/ics ( a   
#b4ej co91 includ+--  7,a7 composition2 
7,b7 weight2  7,c7 diamet]2 &  7,d7     
design features to di/+ui% ! #b4ej co9 f
 exi/+ co9s2  7#f7 a description ( !    
ways 9 :i* ! ,secret>y consult$ )       
/akehold]s1 includ+ comm]cial banks1    
ca%-h&l+ bus9esses1 consum] gr\ps1 &    
v5d+ & transit indu/ries2  7#g7 an      
analysis t e/imates ! pot5tial          
seigniorage associat$ ) a widely        
circulat$ #b4ej co92 &  7#h7 a plan t   
c\ld be foll[$ to m9t & issue a #b4ej   
co9 t includes-- 7,a7 coord9ation ) !   

,f$]al ,res]ve ,sy/em & f9ancial        
in/itutions2  7,b7 a te/ production     
phase2 &  7,c7 an initial phas$         
circulation4  ,pass$ ! ,h\se (          
,repres5tatives ,febru>y #i1            
#bjbf4;,cl]k4