Sponsors (15)
The bill creates commemorative coins that fund support for Gold Star and fallen first‑responder families and expand collectible options, but it concentrates benefits on a named nonprofit, imposes additional costs on purchasers, and risks administrative burdens and reduced net proceeds if issuance costs are high.
Gold Star families, families of fallen first responders, and veterans will receive dedicated funding: surcharge proceeds from the semiquincentennial commemorative coins are earmarked for the Stephen Siller Tunnel to Towers Foundation to fund mortgage-free homes, scholarships, disaster response, and memorial projects.
Collectors and the general public gain new 250th‑anniversary commemorative coins that provide civic recognition and collectible items (including uncirculated and proof versions), expanding options for numismatists and public commemoration.
Buyers get predictable, capped pricing and purchase options: sale prices are limited to face value plus a statutory surcharge and production costs, with prepaid and bulk‑purchase discounts available to lower out‑of‑pocket costs for early and large buyers.
Coin buyers and taxpayers will pay more per coin because statutory surcharges (and any uncovered production or administrative costs) are added to the sale price, effectively increasing the cost of these coins for purchasers.
The law concentrates financial and consultative benefits on a single private nonprofit (Stephen Siller Tunnel to Towers Foundation) and specifies consultation with that named foundation, which looks like a congressional endorsement and raises fairness and precedent concerns for other veterans and first‑responder organizations.
Recipients may face delays or reduced net proceeds: surcharges are distributed only after the Treasury recovers full issuance costs (including marketing/overhead), so designated nonprofits could receive little or delayed funding if costs are high.
Based on analysis of 8 sections of legislative text.
Authorizes three 250th‑anniversary commemorative coins to be sold in 2028 with surcharges to benefit the Stephen Siller Tunnel to Towers Foundation after cost recovery.
Official title: To require the Secretary of the Treasury to mint coins in commemoration of the continual recognition of the Nation's semiquincentennial by honoring over 250 years of Americans' service and sacrifice.
Introduced February 4, 2025 by Nicole Malliotakis · Last progress February 4, 2025
Authorizes the US Mint to produce three commemorative 250th‑anniversary coins (gold $5, silver $1, and clad half‑dollar) to be sold in 2028. Each sale carries a surcharge ($35/$10/$5) that, after Mint cost recovery, will be transferred to the Stephen Siller Tunnel to Towers Foundation to fund mortgage‑free homes for Gold Star and fallen first‑responder families, scholarships, disaster response and memorial projects.