A bill to require the Secretary of the Treasury to mint coins in commemoration of the 50th anniversary of the United States Organization.
United Services Organization's 50th Anniversary Commemorative Coin Act - Directs the Secretary of the Treasury to mint and issue not more than a specified number of five dollar gold coins, one dollar silver coins, and half dollar clad coins to commemorate the 50th anniversary of the United Services Organizations (USO). Requires such coins to be emblematic of USO Services to military service personnel and families.
Sets forth certain features of such coins and provides for their design, issuance, and sale. Terminates the minting of such coins after February 4, 1991.
Requires surcharges from the sale of such coins to be deposited in a coinage profit fund and used for USO programs and to reduce the national debt.
Directs the Secretary to report to the Congress semiannually through December 31, 1992, on activities under this Act.
Introduced in Senate
Read twice and referred to the Committee on Banking.
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