S 3612 · 112th Congress · Finance and Financial Sector
Commemorative Coins Reform Act of 2012
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2012-09-21)
Plain Language Summary
[AI summary unavailable — showing source text]
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.…
Summarized by Claude AI · Non-partisan · For informational purposes only