S 3612
112th Congress
Senate
Finance and Financial Sector
Commemorative events and holidays
Currency
Executive agency funding and structure
User charges and fees
Commemorative Coins Reform Act of 2012
Introduced: September 21, 2012
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 21, 2012
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sep 21, 2012
Introduced in Senate
Plain-English summary
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.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1