Sponsors (145)
The bill creates commemorative coins that raise dedicated funding and public recognition for Olympic and Paralympic programs while protecting taxpayers via no-net-cost rules, but it increases collector prices, concentrates control of proceeds in private entities, and leaves limited residual risk to taxpayers and administrative burdens for recipients.
Nonprofits, the Organizing Committee, and youth-sports programs will receive surcharge revenue from coin sales to support hosting costs, legacy programs, and youth-sports promotion.
Taxpayers are protected because the Treasury is required to recover minting and issuance costs before any surcharge transfers, reducing the likelihood the federal government bears net issuance losses.
People with disabilities and the general public will gain greater visibility and inclusivity as a commemorative coin highlights the Paralympics and national recognition of adaptive sport.
Taxpayers could face indirect costs or delayed surcharge transfers if coin sales fail to cover minting and administrative costs, creating potential federal accounting exposure or delays in payments to beneficiaries.
Collectors will pay higher prices because of surcharges ($5–$50) above face value, and bulk/prepaid sale discounts can advantage dealers over individual buyers and reduce net surcharge revenue available for intended recipients.
Public fundraising is tied to a single private organization (U.S. Olympic & Paralympic Properties), and emphasizing private funding for the Games could reduce public scrutiny and raise oversight and accountability concerns about use of proceeds and host-city impacts.
Based on analysis of 5 sections of legislative text.
Authorizes the U.S. Mint to issue commemorative coins for LA 2028 and Salt Lake City 2034 with set specifications, surcharges, and proceeds to organizing entities after cost recovery.
Official title: To require the Secretary of the Treasury to mint coins in commemoration of the 2028 Olympic and Paralympic Games in Los Angeles, California, and the 2034 Olympics and Paralympic Winter Games in Salt Lake City, Utah.
Introduced July 14, 2025 by Brad Sherman · Last progress July 14, 2025
Authorizes the U.S. Mint to produce and sell commemorative coins marking the 2028 Summer Olympic and Paralympic Games in Los Angeles and the 2034 Olympic and Paralympic Winter Games in Salt Lake City. The bill sets coin types, metal content, mintage limits, design review requirements, surcharge amounts, rules for recovering minting costs, and directs surcharge proceeds to the relevant Olympic/Paralympic organizing entities once costs are recovered.