Breast Cancer Awareness Commemorative Coin Act - Directs the Secretary of the Treasury to mint and issue up to 500,000 $1 silver coins emblematic of the fight against breast cancer.
Instructs the Secretary to select the design for the coins based upon the winning design from a juried, compensated design competition following certain specifications.
Restricts the period of coin issuance to the one-year period beginning on January 1, 2018.
Requires all sales of such coins to include a surcharge of $10 per coin. Prescribes a surcharge distribution formula.
[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3680 Introduced in House (IH)]
113th CONGRESS
1st Session
H. R. 3680
To require the Secretary of the Treasury to mint coins in recognition
of the fight against breast cancer.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
December 9, 2013
Mrs. Carolyn B. Maloney of New York (for herself and Mr. Schock)
introduced the following bill; which was referred to the Committee on
Financial Services
_______________________________________________________________________
A BILL
To require the Secretary of the Treasury to mint coins in recognition
of the fight against breast cancer.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Breast Cancer Awareness
Commemorative Coin Act''.
SEC. 2. FINDINGS.
The Congress finds the following:
(1) Breast cancer is the most common cancer among American
women, except for skin cancers. Today, about 1 in 8, or 12
percent of, women in the United States will develop invasive
breast cancer during their lifetime. This is an increase from 1
in 11, or 9 percent of, women in 1975.
(2) Breast cancer is the second leading cause of cancer
death in women. The chance of dying from breast cancer is about
1 in 36. Thanks to earlier detection, increased awareness, and
improved treatment, death rates from breast cancer have
decreased since about 1989.
(3) There is a strong interest among the American public to
do more to tackle this disease. The National Cancer Institute
estimates $16.5 billion is spent in the United States each year
on breast cancer treatment.
(4) Finding a cure for breast cancer is a goal of the
United States Government.
(5) The National Institutes of Health dedicated $800
million for breast cancer research in Fiscal Year 2012. In
Fiscal Year 2012, the Department of Defense's Breast Cancer
Research Program received $120 million. In total, the U.S. is
projected to spend $925 million on breast cancer research in
Fiscal Year 2013.
(6) While the Federal Government remains the largest funder
of breast cancer research in the United States, in 2012, the
National Cancer Institute reduced funding by almost $30 million
and the Department of Defense Breast Cancer Research Program
grants decreased more than 22 percent from 2010 funding levels.
(7) Additional private sector support for breast cancer
research will help us find a cure for breast cancer even
faster.
(8) It is estimated that in the United States 232,340 women
will be diagnosed with and 39,620 women will die of cancer of
the breast in 2013. This means that every 13 minutes a woman
dies of breast cancer in the United States.
(9) However, due to disease type and lack of adequate care,
Black women have the highest death rates of all racial and
ethnic groups and are 40 percent more likely to die of breast
cancer than White women.
(10) Breast cancer used to be considered a disease of aging
but recent trends show that more aggressive forms of the
disease have been increasingly diagnosed in younger women.
(11) Breast cancer is the most frequently diagnosed cancer
among nearly every racial and ethnic group, including African-
American, American Indian/Alaska Native, Asian/Pacific Islander
and Hispanic/Latina women.
(12) Clinical advances, resulting from research, have led
to increased survival from breast cancer. Since 1990, death
rates from breast cancer have dropped over 30 percent.
(13) Among men in the United States it is estimated that
there will be 2,240 new cases of invasive breast cancer and 410
breast cancer deaths in 2013.
(14) At this time there are more than 2.9 million breast
cancer survivors in the United States.
(15) It is estimated that breast cancer costs $12.5 billion
in lost productivity. Such productivity losses will increase
with projected growth rate and aging of the U.S. population if
cancer mortality rates stay constant in the future.
(16) There is a better chance of survival and there are
more treatment options with early stage detection through
mammograms and clinical breast exams.
(17) Breast cancer is the most common cancer in women
worldwide, with an estimated 1.6 million new cases of breast
cancer among women worldwide in 2010.
(18) Breast Cancer Research Foundation (BCRF) is considered
one of the most efficient research charities.
(19) Of every dollar donated to BCRF, $0.91 goes to
research and awareness programs--88 cents towards research and
3 cents towards awareness.
(20) Founded in 1993, the BCRF has raised more than $450
million to fund research aimed at achieving prevention of
breast cancer and curing those with the disease. For 2013-2014,
BCRF awarded $45 million in grants to support the work of more
than 200 researchers at major medical institutions across six
continents and 12 countries.
(21) Susan G. Komen for the Cure includes funded research
in 48 of the 50 States and community services in 49 of the 50
States. The organization has also supported programming in more
than 30 countries.
(22) Over the past 5 years, more than 80 cents of every
dollar spent by Susan G. Komen has gone directly to its mission
to save lives and end breast cancer by empowering people,
ensuring quality care for all and energizing science to find
the cures.
(23) Since its inception in 1982, Susan G. Komen has
invested more than $2 billion on its mission of saving lives
and ending breast cancer by empowering people, ensuring quality
care for all and energizing science to find the cures,
including more than $790 million in research funding.
(24) Today, the BCRF and Susan G. Komen continue their work
to advance research and support programs for patients and their
families.
SEC. 3. COIN SPECIFICATIONS.
(a) $1 Silver Coins.--The Secretary of the Treasury (hereafter in
this Act referred to as the ``Secretary'') shall mint and issue not
more than 500,000 $1 coins, which shall--
(1) weigh 26.73 grams;
(2) have a diameter of 1.500 inches; and
(3) contain 90 percent silver and 10 percent copper.
(b) Legal Tender.--The coins minted under this Act shall be legal
tender, as provided in section 5103 of title 31, United States Code.
(c) Numismatic Items.--For purposes of sections 5134 and 5136 of
title 31, United States Code, all coins minted under this Act shall be
considered to be numismatic items.
SEC. 4. DESIGN OF COINS.
(a) Design Requirements.--
(1) In general.--The design of the coins minted under this
Act shall be emblematic of the fight against breast cancer.
(2) Designation and inscriptions.--On each coin minted
under this Act there shall be--
(A) a designation of the face value of the coin;
(B) an inscription of the year ``2018''; and
(C) inscriptions of the words ``Liberty'', ``In God
We Trust'', ``United States of America'', and ``E
Pluribus Unum''.
(b) Selection.--The design for the coins minted under this Act
shall be selected by the Secretary based on the winning design from a
juried, compensated design competition described under subsection (c).
(c) Design Competition.--
(1) In general.--The Secretary shall hold a competition and
provide compensation for its winner to design the obverse and
reverse of the coins minted under this Act. The competition
shall be judged by an expert jury chaired by the Secretary and
consisting of 3 members from the Citizens Coinage Advisory
Committee who shall be elected by such Committee and 3 members
from the Commission of Fine Arts who shall be elected by such
Commission.
(2) Proposals.--As part of the competition described in
this subsection, the Secretary may accept proposals from
artists, engravers of the United States Mint, and members of
the general public.
(3) Accompanying designs; preference for physical
designs.--The Secretary shall encourage 3-dimensional designs
to be submitted as part of the proposals, and the jury shall
give a preference for proposals that are accompanied by a 3-
dimensional physical design instead of, or in addition to, an
electronic design.
(4) Compensation.--The Secretary shall determine
compensation for the winning design under this subsection,
which shall be not less than $5,000. The Secretary shall take
into account this compensation amount when determining the sale
price described in section 6(a).
SEC. 5. ISSUANCE OF COINS.
(a) Quality of Coins.--Coins minted under this Act shall be issued
in uncirculated and proof qualities.
(b) Period for Issuance.--The Secretary may issue coins minted
under this Act only during the 1-year period beginning on January 1,
2018.
SEC. 6. SALE OF COINS.
(a) Sale Price.--The coins issued under this Act shall be sold by
the Secretary at a price equal to the sum of--
(1) the face value of the coins;
(2) the surcharge provided in section 7(a) with respect to
the coins; and
(3) the cost of designing and issuing the coins (including
labor, materials, dies, use of machinery, overhead expenses,
marketing, and shipping).
(b) Bulk Sales.--The Secretary shall make bulk sales of the coins
issued under this Act at a reasonable discount.
(c) Prepaid Orders.--
(1) In general.--The Secretary shall accept prepaid orders
for the coins minted under this Act before the issuance of such
coins.
(2) Discount.--Sale prices with respect to prepaid orders
under paragraph (1) shall be at a reasonable discount.
SEC. 7. SURCHARGES.
(a) In General.--All sales of coins minted under this Act shall
include a surcharge of $10 per coin.
(b) Distribution.--Subject to section 5134(f) of title 31, United
States Code, all surcharges which are received by the Secretary from
the sale of coins issued under this Act shall be promptly paid by the
Secretary as follows:
(1) \1/2\ to the Susan G. Komen for the Cure, Dallas,
Texas, for the purpose of furthering research funded by the
organization.
(2) \1/2\ to the Breast Cancer Research Foundation, New
York, New York, for the purpose of furthering research funded
by the Foundation.
(c) Audits.--The surcharge recipients under subsection (b) shall be
subject to the audit requirements of section 5134(f)(2) of title 31,
United States Code, with regard to the amounts received under that
subsection.
(d) Limitations.--Notwithstanding subsection (a), no surcharge may
be included with respect to the issuance under this Act of any coin
during a calendar year if, as of the time of such issuance, the
issuance of such coin would result in the number of commemorative coin
programs issued during such year to exceed the annual 2 commemorative
coin program issuance limitation under section 5112(m)(1) of title 31,
United States Code (as in effect on the date of the enactment of this
Act). The Secretary of the Treasury may issue guidance to carry out
this subsection.
SEC. 8. FINANCIAL ASSURANCES.
The Secretary shall take such actions as may be necessary to ensure
that--
(1) minting and issuing coins under this Act will not
result in any net cost to the United States Government; and
(2) no funds, including applicable surcharges, shall be
disbursed to any recipient designated in section 7 until the
total cost of designing and issuing all of the coins authorized
by this Act (including labor, materials, dies, use of
machinery, overhead expenses, marketing, and shipping) is
recovered by the United States Treasury, consistent with
sections 5112(m) and 5134(f) of title 31, United States Code.
<all>
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E1814-1815)
Referred to the House Committee on Financial Services.
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