U.S. Congress - S.3612 Commemorative Coins Reform Act of 2012
S.3612 - Commemorative Coins Reform Act of 2012
A bill to prohibit the payment of surcharges for commemorative coin programs to private organizations or entities, and for other purposes. view all titles (2)
All Bill Titles
- Short: Commemorative Coins Reform Act of 2012 as introduced.
- Official: A bill to prohibit the payment of surcharges for commemorative coin programs to private organizations or entities, and for other purposes. as introduced.
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Official Summary
9/21/2012--Introduced.Commemorative Coins Reform Act of 2012 - Prohibits surcharges generated by the sale of any numismatic item or commemorative coin program from being paid to a non-federal organization, except with respect to sales and production costs. Requires that surcharges be usedOfficial Summary
9/21/2012--Introduced.Commemorative Coins Reform Act of 2012 - Prohibits surcharges generated by the sale of any numismatic item or commemorative coin program from being paid to a non-federal organization, except with respect to sales and production costs. Requires that surcharges be used to recover all numismatic operation and program costs allocable to the program under which a numismatic item is produced and sold. Requires the transfer of any excess surcharges to the general fund of the Treasury for deficit reduction purposes....Read the Rest
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