,,ii #aai? ,,congress #a/ ,session ,s4 #bbfe ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #ad1 #bjbe ,mr4 ,padilla 7= himself1 ,mr4 ,curtis1 ,mr4 ,s*iff1 & ,mr4 ,mull97 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to require ! ,secret>y ( ! ,treasury to m9t co9s 9 commemoration ( ! #bjbh ,olympic & ,p>alympic ,games 9 ,los ,angeles1 ,cali=nia1 & ! #bjcd ,olympics & ,p>alympic ,w9t] ,games 9 ,salt ,lake ,city1 ,utah4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,am]ica's ,olympic & ,p>alympic ,games ,commemorative ,co9s ,act4 #b4 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,! #bjbh ,olympic & ,p>alympic ,games1 (ficially kn[n z ! ,games ( ! ,,xxxiv ,olympiad or ,,la#bh1 w be held 9 ,los ,angeles1 ,cali=nia4 7#b7 ,! #bjcd ,olympic & ,p>alympic ,w9t] ,games1 (ficially kn[n z ! ,,xxvii ,olympic ,w9t] ,games #bjcd1 w be held 9 ,salt ,lake ,city1 ,utah4 7#c7 ,?is m>ks ! return ( ! ,olympic & ,p>alympic ,games to ! ,unit$ ,/ates = ! fir/ "t 9 #bf ye>s1 foll[+ ! successful #bjjb ,olympic & ,p>alympic ,w9t] ,games 9 ,salt ,lake ,city4 7#d7 ,! ,unit$ ,/ates has ho/$ ! mod]n ,olympic ,games #i times1 ) ! #bjbh ,games becom+ ! ?ird "t ,los ,angeles w ho/ ! summ] ,olympic ,games & ! #bjcd ,games becom+ ! second "t ,salt ,lake ,city w ho/ ! ,olympic ,w9t] ,games4 7#e7 ,! ,p>alympic ,games w celebrate its #hj? anniv]s>y 9 #bjbh1 ) ,los ,angeles ho/+ ! ,p>alympic ,games = ! fir/ "t4 7#f7 ,unlike "s o!r c\ntries1 ,olympic ,games 9 ! ,unit$ ,/ates are privately fund$4 ,! ,,la#bh & ,salt ,lake ,city-,utah #bjcd ,games ma9ta9 ?is model ) its rev5ue g5]at$ by corporate p>tn]s1 broadca/ rights1 lic5s+1 hospitality1 & ticket sales4 7#g7 ,) ! ,p>alympic ,games com+ to ! ,unit$ ,/ates1 ! #bjbh & #bjcd ,olympic & ,p>alympic ,games ,commemorative ,co9 ,program h ! opportunity to increase aw>5ess & create m inclusivity = p ) disabilities ) ! creation ( a s+le1 unify+ co9 to commemorate ! ,games4 #c4 ,def9itions ,9 ?is ,act1 ! t]m ,secret>y means ! ,secret>y ( ! ,treasury4 #d4 #bjbh olympic & p>alympic co9 program 7a7 ,co9 specifications 7#a7 ,d5om9ations ,! ,secret>y %all m9t & issue ! foll[+ co9s 9 commemoration ( ! #bjbh ,olympic & ,p>alympic ,games 9 ,los ,angeles1 ,cali=nia3 7,a7 #e gold co9s ,n m ?an #ajj1jjj #e co9s1 ea* ( :i* %all-- 7i7 weigh #h4cei grams2 7ii7 h a diamet] ( #j4hej in*es2 & 7iii7 conta9 n less ?an #ij p]c5t gold4 7,b7 #a silv] co9s ,n m ?an #ejj1jjj #a co9s1 ea* ( :i* %all-- 7i7 weigh #bf4gc grams2 7ii7 h a diamet] ( #a4ejj in*es2 & 7iii7 conta9 n less ?an #ij p]c5t silv]4 7,c7 ,half-doll> clad co9s ,n m ?an #cjj1jjj half-doll> co9s1 ea* ( :i* %all-- 7i7 weigh #aa4cd grams2 7ii7 h a diamet] ( #a4bje in*es2 & 7iii7 be m9t$ to ! specifications = half-doll> co9s conta9$ 9 section #eaab7;b7 ( title #ca1 ,unit$ ,/ates ,code4 7,d7 ,pro( silv] #a co9s ,n m ?an #ajj1jjj pro( silv] #a co9s1 ea* ( :i* %all-- 7i7 weigh #e ounces2 7ii7 h a diamet] ( #c in*es2 & 7iii7 conta9 4#iii f9e silv]4 7#b7 ,legal t5d] ,! co9s m9t$ "u ?is section %all be legal t5d]1 z provid$ 9 section #eajc ( title #ca1 ,unit$ ,/ates ,code4 7#c7 ,numismatic items ,= purposes ( sections #eacd & #eacf ( title #ca1 ,unit$ ,/ates ,code1 all co9s m9t$ "u ?is section %all be consid]$ to be numismatic items4 7#d7 ,m9tage limit exception ,if ! ,secret>y det]m9es1 bas$ on indep5d5t1 m>ket-bas$ rese>* conduct$ by ! ,u4,s4 ,olympic & ,p>alympic ,committee1 t ! m9tage levels describ$ 9 ?is section are n adequate to meet public dem&1 ! ,secret>y may increase ! m9tage levels z ! ,secret>y det]m9es is necess>y to meet public dem&4 7b7 ,designs ( co9s 7#a7 ,design requirem5ts 7,a7 ,9 g5]al ,! designs ( ! co9s m9t$ "u ?is section %all be emblematic ( ! p>ticipation ( ,unit$ ,/ates a?letes 9 ! ,,la#bh ,games4 7,b7 ,designation & inscriptions ,on ea* co9 m9t$ "u ?is section1 !re %all be-- 7i7 a designation ( ! value ( ! co92 7ii7 an inscription ( ! ye> #bjbh2 & 7iii7 inscriptions ( ! words ,lib]ty1 ,9 ,god ,we ,tru/1 ,unit$ ,/ates ( ,am]ica1 & ,e ,pluribus ,unum4 7,c7 ,selection ( designs ,! designs = ! co9s m9t$ "u ?is section %all be-- 7i7 select$ by ! ,secret>y aft] consultation )-- 7,i7 ! ,unit$ ,/ates ,olympic & ,p>alympic ,prop]ties2 & 7,,ii7 ! ,commission ( ,f9e ,arts2 & 7ii7 review$ by ! ,citiz5s ,co9age ,advisory ,committee4 7c7 ,issuance ( co9s 7#a7 ,quality ( co9s ,! ,secret>y may issue co9s m9t$ "u ?is section 9 uncirculat$ & pro( qualities4 7#b7 ,p]iod ( issuance ,! ,secret>y may issue co9s m9t$ "u ?is section only dur+ ! #a-ye> p]iod beg9n+ on ,janu>y #a1 #bjbh4 7d7 ,sale ( co9s 7#a7 ,sale price ,! co9s issu$ "u ?is section %all be sold by ! ,secret>y at a price equal to ! sum (-- 7,a7 ! face value ( ! co9s2 7,b7 ! sur*>ge provid$ 9 subsection 7e77#a7 ) respect to ! co9s2 & 7,c7 ! co/ ( design+ & issu+ ! co9s 7includ+ labor1 mat]ials1 dies1 use ( ma*9]y1 ov]head exp5ses1 & m>ket+1 & %ipp+74 7#b7 ,bulk sales ,! ,secret>y %all make bulk sales ( ! co9s issu$ "u ?is section at a reasonable disc\nt4 7#c7 ,prepaid ord]s 7,a7 ,9 g5]al ,! ,secret>y %all accept prepaid ord]s = ! co9s m9t$ "u ?is section be=e ! issuance ( su* co9s4 7,b7 ,disc\nt ,sales ) respect to prepaid ord]s "u subp>agraph 7,a7 %all be at a reasonable disc\nt4 7e7 ,sur*>ges 7#a7 ,9 g5]al ,all sales ( co9s issu$ "u ?is section %all include a sur*>ge (-- 7,a7 #ce p] co9 = ! #e co92 7,b7 #aj p] co9 = ! #a co9 describ$ 9 subsection 7a77#a77;,b72 7,c7 #e p] co9 = ! half-doll> co92 & 7,d7 #ej p] co9 = ! #a pro( silv] co94 7#b7 ,di/ribution ,subject to section #eacd7;f7 ( title #ca1 ,unit$ ,/ates ,code1 all sur*>ges receiv$ by ! ,secret>y f ! sale ( co9s issu$ "u ?is section %all be promptly paid by ! ,secret>y to ! ,unit$ ,/ates ,olympic & ,p>alympic ,prop]ties = ! objects & purposes relat$ to ! ho/+ ( ! #bjbh ,olympic & ,p>alympic ,games & to aid 9 ! execution ( its legacy programs1 includ+ ! promotion ( y\? sports 9 ! ,unit$ ,/ates4 7#c7 ,audits ,! ,unit$ ,/ates ,olympic & ,p>alympic ,prop]ties %all be subject to ! audit requirem5ts ( section #eacd7;f77#b7 ( title #ca1 ,unit$ ,/ates ,code1 ) reg>d to ! am\nts receiv$ "u p>agraph 7#b74 7#d7 ,limitation ,not)/&+ p>agraph 7#a71 no sur*>ge may be includ$ ) respect to ! issuance "u ?is section ( any co9 dur+ a cal5d> ye> if1 z ( ! "t ( su* issuance1 ! issuance ( su* co9 w\ld result 9 ! numb] ( commemorative co9 programs issu$ dur+ su* ye> to exce$ ! annual #b commemorative co9 programs issuance limitation "u section #eaab7m77#a7 ( title #ca1 ,unit$ ,/ates ,code 7z 9 effect on ! date ( ! enactm5t ( ?is ,act74 7f7 ,m>ket+ & f9ancial assurances 7#a7 ,9 g5]al ,! ,secret>y %all take su* actions z may be necess>y to ensure t-- 7,a7 m9t+ & issu+ co9s "u ?is section result 9 no net co/ to ! ,f$]al ,gov]nm5t2 & 7,b7 no funds1 includ+ applicable sur*>ges1 %all be disburs$ to any recipi5t designat$ 9 subsection 7e77#b7 until ! total co/ ( design+ & issu+ all ( ! co9s au?oriz$ by ?is section1 includ+ labor1 mat]ials1 dies1 use ( ma*9]y1 ov]head exp5ses1 m>ket+1 & %ipp+1 is recov]$ by ! ,unit$ ,/ates ,treasury1 consi/5t ) sections #eaab7m7 & #eacd7;f7 ( title #ca1 ,unit$ ,/ates ,code4 7#b7 ,m>ket+ & educational program ,! ,secret>y is enc\rag$ to develop & execute a m>ket+ & educational program1 includ+ appropriate coop]ative m>ket+ opportunities ) ! ,unit$ ,/ates ,olympic & ,p>alympic ,prop]ties & its lic5sees1 to promote & sell ! co9s au?oriz$ "u ?is section4 #e4 #bjcd w9t] olympic & p>alympic co9 program 7a7 ,co9 specifications 7#a7 ,d5om9ations ,! ,secret>y %all m9t & issue ! foll[+ co9s 9 commemoration ( ! #bjcd ,olympic & ,p>alympic ,w9t] ,games 9 ,salt ,lake ,city1 ,utah3 7,a7 #e gold co9s ,n m ?an #ajj1jjj #e co9s1 :i* %all-- 7i7 weigh #h4cei grams2 7ii7 h a diamet] ( #j4hej in*es2 & 7iii7 conta9 n less ?an #ij p]c5t gold4 7,b7 #a silv] co9s ,n m ?an #ejj1jjj #a co9s1 :i* %all-- 7i7 weigh #bf4gc grams2 7ii7 h a diamet] ( #a4ejj in*es2 & 7iii7 conta9 n less ?an #ij p]c5t silv]4 7,c7 ,half-doll> clad co9s ,n m ?an #cjj1jjj half-doll> co9s1 :i* %all-- 7i7 weigh #aa4cd grams2 7ii7 h a diamet] ( #a4bje in*es2 & 7iii7 be m9t$ to ! specifications = half-doll> co9s conta9$ 9 section #eaab7;b7 ( title #ca1 ,unit$ ,/ates ,code4 7,d7 ,pro( silv] #a co9s ,n m ?an #ajj1jjj pro( silv] #a co9s1 :i* %all-- 7i7 weigh #e ounces2 7ii7 h a diamet] ( #c in*es2 & 7iii7 conta9 4#iii f9e silv]4 7#b7 ,legal t5d] ,! co9s m9t$ "u ?is section %all be legal t5d]1 z provid$ 9 section #eajc ( title #ca1 ,unit$ ,/ates ,code4 7#c7 ,numismatic items ,= purposes ( sections #eacd & #eacf ( title #ca1 ,unit$ ,/ates ,code1 all co9s m9t$ "u ?is section %all be consid]$ to be numismatic items4 7#d7 ,m9tage limit exception ,if ! ,secret>y det]m9es1 bas$ on indep5d5t1 m>ket bas$ rese>* conduct$ by ! ,u4,s4 ,olympic & ,p>alympic ,committee1 t ! m9tage levels describ$ 9 ?is section are n adequate to meet public dem&1 ! ,secret>y may increase ! m9tage levels z ! ,secret>y det]m9es is necess>y to meet public dem&4 7b7 ,designs ( co9s 7#a7 ,design requirem5ts 7,a7 ,9 g5]al ,! designs ( ! co9s m9t$ "u ?is section %all be emblematic ( ! p>ticipation ( ,unit$ ,/ates a?letes 9 or ! /ag+ ( ! #bjcd ,olympic & ,p>alympic ,w9t] ,games4 7,b7 ,designation & inscriptions ,on ea* co9 m9t$ "u ?is section1 !re %all be-- 7i7 a designation ( ! value ( ! co92 7ii7 an inscription ( ! ye> #bjcd2 & 7iii7 inscriptions ( ! words ,lib]ty1 ,9 ,god ,we ,tru/1 ,unit$ ,/ates ( ,am]ica1 & ,e ,pluribus ,unum4 7,c7 ,selection ( designs ,! designs = ! co9s m9t$ "u ?is section %all be-- 7i7 select$ by ! ,secret>y aft] consultation )-- 7,i7 ! ,organiz+ ,committee = ! #bjcd ,olympic & ,p>alympic ,w9t] ,games2 & 7,,ii7 ! ,commission ( ,f9e ,arts2 & 7ii7 review$ by ! ,citiz5s ,co9age ,advisory ,committee4 7c7 ,issuance ( co9s 7#a7 ,quality ( co9s ,! ,secret>y may issue co9s m9t$ "u ?is section 9 uncirculat$ & pro( qualities4 7#b7 ,p]iod = issuance ,! ,secret>y may issue co9s "u ?is section only dur+ ! #a-ye> p]iod beg9n+ on ,janu>y #a1 #bjcd4 7d7 ,sale ( co9s 7#a7 ,sale price ,! co9s issu$ "u ?is section %all be sold by ! ,secret>y at a price equal to ! sum (-- 7,a7 ! face value ( ! co9s2 7,b7 ! sur*>ge provid$ 9 subsection 7e77#a7 ) respect to su* co9s2 & 7,c7 ! co/ ( design+ & issu+ ! co9s 7includ+ labor1 mat]ials1 dies1 use ( ma*9]y1 ov]head exp5ses1 m>ket+1 & %ipp+74 7#b7 ,bulk sales ,! ,secret>y %all make bulk sales ( ! co9s issu$ "u ?is section at a reasonable disc\nt4 7#c7 ,prepaid ord]s 7,a7 ,9 g5]al ,! ,secret>y %all accept prepaid ord]s = ! co9s m9t$ "u ?is section be=e ! issuance ( su* co9s4 7,b7 ,disc\nt ,sales prices respect to prepaid ord]s "u subp>agraph 7,a7 %all be at a reasonable disc\nt4 7e7 ,sur*>ges 7#a7 ,9 g5]al ,all sales ( co9s issu$ "u ?is section %all include-- 7,a7 a sur*>ge ( #ce p] co9 = ! #e co9s2 7,b7 a sur*>ge ( #aj p] co9 = ! #a co9s2 7,c7 a sur*>ge ( #e p] co9 = ! half-doll> co9s2 & 7,d7 a sur*>ge ( #ej p] co9 = ! #a pro( silv] co9s4 7#b7 ,di/ribution ,subject to section #eacd7;f7 ( title #ca1 ,unit$ ,/ates ,code1 all sur*>ges receiv$ by ! ,secret>y f ! sale ( co9s issu$ "u ?is section %all be promptly paid to ! ,organiz+ ,committee = ! #bjcd ,olympic & ,p>alympic ,w9t] ,games = ! objects & purposes relat$ to ! ho/+ ( ! #bjcd ,olympic & ,p>alympic ,w9t] ,games & to support its legacy ambitions1 includ+ ! protection & promotion ( w9t] sports & programs = "y & elite a?letes4 7#c7 ,audits ,! ,organiz+ ,committee = ! #bjcd ,olympic & ,p>alympic ,w9t] ,games %all be subject to ! audit requirem5ts ( section #eacd7;f77#b7 ( title #ca1 ,unit$ ,/ates ,code1 ) reg>d to ! am\nts receiv$ "u p>agraph 7#b74 7#d7 ,limitation ,not)/&+ p>agraph 7#a71 no sur*>ge may be includ$ ) respect to ! issuance "u ?is section ( any co9 dur+ a cal5d> ye> if1 z ( ! "t ( su* issuance1 ! issuance ( su* co9 w\ld result 9 ! numb] ( commemorative co9 programs issu$ dur+ su* ye> to exce$ ! annual #b commemorative co9 programs issuance limitation "u section #eaab7m77#a7 ( title #ca1 ,unit$ ,/ates ,code 7z 9 effect on ! date ( ! enactm5t ( ?is ,act74 7f7 ,m>ket+ & f9ancial assurances 7#a7 ,9 g5]al ,! ,secret>y %all take su* actions z may be necess>y to ensure t-- 7,a7 m9t+ & issu+ co9s "u ?is section w n result 9 any net co/ to ! ,unit$ ,/ates ,gov]nm5t2 & 7,b7 no funds1 includ+ applicable sur*>ges1 %all be disburs$ to any recipi5t designat$ 9 subsection 7e77#b7 until ! total co/ ( design+ & issu+ all ( ! co9s au?oriz$ by ?is section 7includ+ labor1 mat]ials1 dies1 use ( ma*9]y1 ov]head exp5ses1 m>ket+1 & %ipp+7 is recov]$ by ! ,unit$ ,/ates ,treasury1 consi/5t ) sections #eaab7m7 & #eacd7;f7 ( title #ca1 ,unit$ ,/ates ,code4 7#b7 ,m>ket+ & educational program ,! ,secret>y is enc\rag$ to develop & execute a m>ket+ & educational program1 includ+ appropriate coop]ative m>ket+ opportunities ) ! ,organiz+ ,committee = ! #bjcd ,olympic & ,p>alympic ,w9t] ,games & its lic5sees1 to promote & sell ! co9s au?oriz$ "u ?is section4