Skip to main content
S 1087 102th Congress Senate Finance and Financial Sector Anniversaries Capitol (Washington, D.C.) Civics education Coins and coinage Federal advisory bodies Flags Gold Money National emblems Oaths Public debt Silver

Pledge of Allegiance Commemorative Coin Act

Introduced: May 16, 1991 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 16, 1991
Read twice and referred to the Committee on Banking.
May 16, 1991
Introduced in Senate
 Plain-English summary Congressional Research Service

Pledge of Allegiance Commemorative Coin Act - Establishes the Pledge of Allegiance Commemorative Coin Advisory Board to: (1) consult with the Secretary of the Treasury (the Secretary) regarding coin design; (2) oversee the expenditure of funds provided to the U.S. Capitol Historical Society for assisting its educational programs and providing non-operating improvements to the Capitol; and (3) establish rules and operating procedures to implement this Act.

Directs the Secretary to issue five-dollar gold coins, one-dollar silver coins, and half dollar clad coins emblematic of the Pledge of Allegiance to the Flag. Declares a general waiver of public contract procurement regulations governing coin mintage under this Act. Mandates that surcharges be distributed equally between the Treasury and the U.S. Capitol Historical Society. Provides for audits by the Comptroller General. Requires that: (1) all amounts received from the sale of coins be deposited in the coinage profit fund; and (2) the Secretary take actions to ensure that coin mintage and issuance under this Act will not result in any net cost to the Federal Government.

What's happening now May 16, 1991

Read twice and referred to the Committee on Banking.

 Committees of jurisdiction 1