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HR 1658 102th Congress House Finance and Financial Sector Armed forces abroad Coins and coinage Money Persian Gulf Persian Gulf War Silver

Operation Desert Storm Commemorative Coin Act

Introduced: March 22, 1991 See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 15, 1991
Referred to the Subcommittee on Consumer Affairs and Coinage.
Mar 22, 1991
Referred to the House Committee on Banking, Finance + Urban Affrs.
Mar 22, 1991
Introduced in House
 Plain-English summary Congressional Research Service

Operation Desert Storm Commemorative Coin Act - Requires the Secretary of the Treasury to issue one dollar and ten dollar coins emblematic of the United States military's participation in Operation Desert Storm. Prescribes guidelines for the sale of such coins, including the solicitation by the Secretary of the Treasury and the President of the United Service Organizations of bids for proposals from marketing organizations to implement a coin marketing agreement.

Mandates that such agreement not indicate in any manner that any portion of the sales price to the public constitutes a tax deductible contribution. Sets forth a surcharge distribution scheme.

Mandates that: (1) all amounts received from the sale of such coins be deposited in the coinage profit fund; and (2) the minting and issuing of such coins not result in any net cost to the Federal Government.

What's happening now April 15, 1991

Referred to the Subcommittee on Consumer Affairs and Coinage.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1