This bill, titled the "Rosa Parks Commemorative Coin Act," directs the Secretary of the Treasury to mint and issue commemorative coins in 2029 to recognize the profound life and legacy of Rosa Parks . The legislation authorizes the production of three types of coins: up to 50,000 $5 gold coins, up to 400,000 $1 silver coins, and up to 750,000 half-dollar clad coins. Each coin's design must be emblematic of Rosa Parks' legacy as a leader of the Civil Rights Movement, with at least one obverse design featuring her name and likeness, and all coins will be legal tender. The coins will be sold at a price covering their face value, production costs, and a surcharge. These surcharges are set at $35 for $5 gold coins, $10 for $1 silver coins, and $5 for half-dollar coins. All surcharges collected from the sale of these commemorative coins will be paid to the Rosa and Raymond Parks Institute for Self Development . This funding is intended to support the Institute's mission of advancing youth development and civil rights education and advocacy, with strict financial assurances that the program will incur no net cost to the U.S. Government and all production costs will be recovered before surcharge disbursement.
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Sponsor introductory remarks on measure. (CR H452)
Introduced in House
Referred to the House Committee on Financial Services.
Sponsor introductory remarks on measure. (CR H452)
Finance and Financial Sector
Rosa Parks Commemorative Coin Act
USA119th CongressHR-916| House
| Updated: 2/4/2025
This bill, titled the "Rosa Parks Commemorative Coin Act," directs the Secretary of the Treasury to mint and issue commemorative coins in 2029 to recognize the profound life and legacy of Rosa Parks . The legislation authorizes the production of three types of coins: up to 50,000 $5 gold coins, up to 400,000 $1 silver coins, and up to 750,000 half-dollar clad coins. Each coin's design must be emblematic of Rosa Parks' legacy as a leader of the Civil Rights Movement, with at least one obverse design featuring her name and likeness, and all coins will be legal tender. The coins will be sold at a price covering their face value, production costs, and a surcharge. These surcharges are set at $35 for $5 gold coins, $10 for $1 silver coins, and $5 for half-dollar coins. All surcharges collected from the sale of these commemorative coins will be paid to the Rosa and Raymond Parks Institute for Self Development . This funding is intended to support the Institute's mission of advancing youth development and civil rights education and advocacy, with strict financial assurances that the program will incur no net cost to the U.S. Government and all production costs will be recovered before surcharge disbursement.