HR 5733 IHCommentsClose CommentsPermalink

To require the Secretary of the Treasury to mint and issue coins commemorating the 100th anniversary of the establishment of Glacier National Park, and for other purposes.CommentsClose CommentsPermalink

April 8, 2008

Mr. REHBERG introduced the following bill; which was referred to the Committee on Financial ServicesCommentsClose CommentsPermalink

To require the Secretary of the Treasury to mint and issue coins commemorating the 100th anniversary of the establishment of Glacier National Park, and for other purposes.CommentsClose CommentsPermalink

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,CommentsClose CommentsPermalink

SECTION 1. SHORT TITLE.

This Act may be cited as the `Glacier National Park Commemorative Coin Act'.CommentsClose CommentsPermalink

SEC. 2. FINDINGS.

The Congress finds the following:CommentsClose CommentsPermalink





(1) On May 11, 1910, President William Howard Taft signed a bill establishing Glacier National Park; the Nation's 10th national park.CommentsClose CommentsPermalink





(2) In 1931, members of the Rotary Clubs of Alberta and Montana suggested joining Glacier National Park with its adjacent cross-border Canadian national park, Waterton Lakes National Park, as a symbol of peace and friendship between the two nations.CommentsClose CommentsPermalink





(3) In 1932, the United States and Canadian governments agreed to jointly designate the two parks as Waterton-Glacier International Peace Park, the world's first.CommentsClose CommentsPermalink





(4) Both parks are biosphere reserves, and were named as a World Heritage Site in 1995, highlighting the importance of the parks, not just to the United States and Canada, but to the entire world.CommentsClose CommentsPermalink





(5) Glacier National Park's rugged and soaring mountains, pristine forests, watchable wildlife, alpine meadows, and spectacular lakes have inspired generations of people to explore and experience nature.CommentsClose CommentsPermalink





(6) Known as `The Crown of the Continent', Glacier National Park, with its awe-inspiring beauty, majesty and grandeur, is an incredible national treasure.CommentsClose CommentsPermalink





(7) 2010 will mark the 100th anniversary of the establishment of Glacier National Park.CommentsClose CommentsPermalink

SEC. 3. COIN SPECIFICATIONS.

(a) Denomination- In commemoration of the 100th anniversary of the establishment of Glacier National Park, the Secretary of the Treasury (hereafter in this Act referred to as the `Secretary') shall mint and issue not more than 200,000 $1 coins, each of which shall--CommentsClose CommentsPermalink





(1) weigh 26.73 grams;CommentsClose CommentsPermalink





(2) have a diameter of 1.500 inches; andCommentsClose CommentsPermalink





(3) contain 90 percent silver and 10 percent copper.CommentsClose CommentsPermalink





(b) Legal Tender- The coins minted under this Act shall be legal tender, as provided in section 5103 of title 31, United States Code.CommentsClose CommentsPermalink





(c) Numismatic Items- For purposes of sections 5134 and 5136 of title 31, United States Code, all coins minted under this Act shall be considered to be numismatic items.CommentsClose CommentsPermalink

SEC. 4. DESIGN OF COINS.

(a) Design Requirements-CommentsClose CommentsPermalink





(1) IN GENERAL- The design of the coins minted under this Act shall be emblematic of Glacier National Park, its natural features, and wildlife.CommentsClose CommentsPermalink





(2) DESIGNATION AND INSCRIPTIONS- On each coin minted under this Act there shall be--CommentsClose CommentsPermalink





(A) a designation of the value of the coin;CommentsClose CommentsPermalink





(B) an inscription of the year `2010'; andCommentsClose CommentsPermalink





(C) inscriptions of the words `Liberty', `In God We Trust', `United States of America', and `E Pluribus Unum'.CommentsClose CommentsPermalink





(b) Selection- The design for the coins minted under this Act shall be--CommentsClose CommentsPermalink





(1) selected by the Secretary after consultation with the Glacier National Park Fund and the Commission of Fine Arts; andCommentsClose CommentsPermalink





(2) reviewed by the Citizens Coinage Advisory Committee.CommentsClose CommentsPermalink

SEC. 5. ISSUANCE OF COINS.

(a) Quality of Coins- Coins minted under this Act shall be issued in uncirculated and proof qualities.CommentsClose CommentsPermalink





(b) Period for Issuance- The Secretary may issue coins under this Act only during the calendar year beginning on January 1, 2010.CommentsClose CommentsPermalink

SEC. 6. SALE OF COINS.

(a) Sale Price- Notwithstanding any other provision of law, the coins issued under this Act shall be sold by the Secretary at a price equal to--CommentsClose CommentsPermalink





(1) the face value of the coins;CommentsClose CommentsPermalink





(2) the surcharge provided in section 7(a) with respect to such coins; andCommentsClose CommentsPermalink





(3) the cost of designing and issuing the coins (including labor, materials, dies, use of machinery, overhead expenses, marketing, and shipping).CommentsClose CommentsPermalink





(b) Bulk Sales- The Secretary shall make bulk sales of the coins issued under this Act at a reasonable discount.CommentsClose CommentsPermalink





(c) Prepaid Orders at a Discount-CommentsClose CommentsPermalink





(1) IN GENERAL- The Secretary shall accept prepaid orders for the coins minted under this Act before the issuance of such coins.CommentsClose CommentsPermalink





(2) DISCOUNT- Sale prices with respect to prepaid orders under paragraph (1) shall be at a reasonable discount.CommentsClose CommentsPermalink

SEC. 7. SURCHARGES.

(a) In General- All sales of coins minted under this Act shall include a surcharge of $10 per coin.CommentsClose CommentsPermalink





(b) Distribution- Subject to section 5134(f) of title 31, United States Code, the surcharges received by the Secretary from the sale of coins issued under this Act shall be promptly paid by the Secretary to the Glacier National Park Fund of Whitefish, Montana, for use in--CommentsClose CommentsPermalink





(1) supporting the celebration, preservation, and promotion of Glacier National Park; andCommentsClose CommentsPermalink





(2) maintaining and expanding the infrastructure and facilities of Glacier National Park.CommentsClose CommentsPermalink





(c) Audits- The Glacier National Park Fund of Whitefish, Montana, shall be subject to the audit requirements of section 5134(f)(2) of title 31, United States Code.CommentsClose CommentsPermalink