Home > 106th Congressional Bills > H.R. 1034 (eh) To declare a portion of the James River and Kanawha Canal in Richmond, Virginia, to be nonnavigable waters of the United States for purposes of title 46, United States Code, and the other maritime laws of the United States. [Engrossed in Ho...H.R. 1034 (eh) To declare a portion of the James River and Kanawha Canal in Richmond, Virginia, to be nonnavigable waters of the United States for purposes of title 46, United States Code, and the other maritime laws of the United States. [Engrossed in Ho...
106th CONGRESS
1st Session
H. R. 1033
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
July 21, 1999
Received; read twice and referred to the Committee on Banking, Housing,
and Urban Affairs
_______________________________________________________________________
AN ACT
To require the Secretary of the Treasury to mint coins in commemoration
of the bicentennial of the Lewis and Clark Expedition, and for other
purposes.
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 ``Lewis and Clark Expedition
Bicentennial Commemorative Coin Act''.
SEC. 2. FINDINGS.
The Congress finds that--
(1) the expedition commanded by Meriwether Lewis and
William Clark, which came to be called ``The Corps of
Discovery'', was one of the most remarkable and productive
scientific and military exploring expeditions in all American
history;
(2) President Thomas Jefferson gave Lewis and Clark the
mission to ``explore the Missouri River & such principal stream
of it, as, by its course and communication with the waters of
the Pacific Ocean, whether the Columbia, Oregon, Colorado, or
any other river may offer the most direct and practical water
communication across this continent for the purposes of
commerce'';
(3) the Expedition, in response to President Jefferson's
directive, greatly advanced our geographical knowledge of the
continent and prepared the way for the extension of the
American fur trade with American Indian tribes throughout the
land;
(4) President Jefferson directed the explorers to take note
of and carefully record the natural resources of the newly
acquired territory known as Louisiana, as well as diligently
report on the native inhabitants of the land;
(5) the Expedition departed St. Louis, Missouri on May 14,
1804;
(6) the Expedition held its first meeting with American
Indians at Council Bluff near present-day Fort Calhoun,
Nebraska, in August 1804, spent its first winter at Fort
Mandan, North Dakota, crossed the Rocky Mountains by the mouth
of the Columbia River in mid-November of that year, and
wintered at Fort Clatsop, near the present-day city of Astoria,
Oregon;
(7) the Expedition returned to St. Louis, Missouri, on
September 23, 1806, after a 28-month journey covering 8,000
miles during which it traversed 11 future States: Illinois,
Missouri, Kansas, Nebraska, Iowa, North Dakota, South Dakota,
Montana, Idaho, Washington, and Oregon;
(8) accounts from the journals of Lewis and Clark and the
detailed maps that were prepared by the Expedition enhance
knowledge of the western continent and routes for commerce;
(9) the Expedition significantly enhanced amicable
relationships between the United States and the autonomous
American Indian nations, and the friendship and respect
fostered between American Indian tribes and the Expedition
represents the best of diplomacy and relationships between
divergent nations and cultures; and
(10) the Lewis and Clark Expedition has been called the
most perfect expedition of its kind in the history of the world
and paved the way for the United States to become a great world
power.
SEC. 3. COIN SPECIFICATIONS.
(a) Denomination.--In commemoration of the bicentennial of the
Lewis and Clark Expedition, 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, each of 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 section 5136 of title 31,
United States Code, all coins minted under this Act shall be considered
to be numismatic items.
SEC. 4. SOURCES OF BULLION.
The Secretary may obtain silver for minting coins under this Act
from any available source, including stockpiles established under the
Strategic and Critical Materials Stock Piling Act.
SEC. 5. DESIGN OF COINS.
(a) Design Requirements.--
(1) In general.--The design of the coins minted under this
Act shall be emblematic of the expedition of Lewis and Clark.
(2) Designation and inscriptions.--On each coin minted
under this Act there shall be--
(A) a designation of the value of the coin;
(B) an inscription of the year ``2004'' and the
years ``1804-1806''; and
(C) inscriptions of the words ``Liberty'', ``In God
We Trust'', ``United States of America'', and ``E
Pluribus Unum''.
(3) Obverse of coin.--The obverse of each coin minted under
this Act shall bear the likeness of Meriwether Lewis and
William Clark.
(4) General design.--In designing this coin, the Secretary
shall also consider incorporating appropriate elements from the
Jefferson Peace and Friendship Medal which Lewis and Clark
presented to the Chiefs of the various Indian tribes they
encountered and shall consider recognizing Native American
culture.
(b) Selection.--The design for the coins minted under this Act
shall be selected by the Secretary after consultation with the
Commission of Fine Arts and shall be reviewed by the Citizens
Commemorative Coin Advisory Committee.
SEC. 6. ISSUANCE OF COINS.
(a) Quality of Coins.--Coins minted under this Act shall be issued
in uncirculated and proof qualities.
(b) Mint Facility.--Only one facility of the United States Mint may
be used to strike any particular quality of the coins minted under this
Act.
(c) Period for Issuance.--The Secretary may issue coins minted
under this Act only during the period beginning on January 1, 2004, and
ending on December 31, 2004.
SEC. 7. 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 subsection (d) with respect
to such 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.
(d) Surcharges.--All sales of coins minted under this Act shall
include a surcharge of $10 per coin.
SEC. 8. DISTRIBUTION OF SURCHARGES.
(a) In General.--Subject to section 5134(f) of title 31, United
States Code, the proceeds from the surcharges received by the Secretary
from the sale of coins issued under this Act shall be promptly paid by
the Secretary as follows:
(1) National lewis and clark bicentennial council.--Two-
thirds to the National Lewis and Clark Bicentennial Council,
for activities associated with commemorating the bicentennial
of the Expedition.
(2) National park service.--One-thirds to the National Park
Service for activities associated with commemorating the
bicentennial of the Lewis and Clark Expedition.
(b) Audits.--Each organization that receives any payment from the
Secretary under this section shall be subject to the audit requirements
of section 5134(f)(2) of title 31, United States Code.
SEC. 9. FINANCIAL ASSURANCES.
(a) No Net Cost to the Government.--The Secretary shall take such
actions as may be necessary to ensure that minting and issuing coins
under this Act will not result in any net cost to the United States
Government.
(b) Payment for Coins.--A coin shall not be issued under this Act
unless the Secretary has received--
(1) full payment for the coin;
(2) security satisfactory to the Secretary to indemnify the
United States for full payment; or
(3) a guarantee of full payment satisfactory to the
Secretary from a depository institution whose deposits are
insured by the Federal Deposit Insurance Corporation or the
National Credit Union Administration Board.
Passed the House of Representatives July 19, 1999.
Attest:
JEFF TRANDAHL,
Clerk.
Pages: 1 Other Popular 106th Congressional Bills Documents:
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