Sponsors (283)
The bill creates commemorative coins and a funding stream to support Olympic/Paralympic legacy programs and youth sports while aiming to avoid net cost to taxpayers, but it imposes extra costs on collectors, centralizes authority in Treasury, and carries oversight and revenue-risk concerns for taxpayers and beneficiary organizations.
Collectors, sports fans, and the general public can buy official limited-edition U.S. Mint coins commemorating LA28 and the 2034 Salt Lake City Winter Games, creating tangible national remembrance and new numismatic products.
People with disabilities and Paralympic supporters gain greater visibility and inclusivity from a coin program that highlights the Paralympics and related legacy messaging.
Surcharge revenue (after mint costs) will be directed to U.S. Olympic and Paralympic Properties and the 2034 Organizing Committee to support hosting-related items, legacy programs, and youth-sports promotion.
Collectors and purchasers will pay added surcharges ($5–$50) and may face prices above face value, increasing the cost of participating in the program for individual buyers.
If coin sales fall short of expectations or minting costs are misestimated, taxpayers could face indirect financial risk or delayed surcharge payments despite no-net-cost language.
Bulk and prepaid sale discounts can advantage dealers and large purchasers, potentially reducing net surcharge revenue available for beneficiary organizations and disadvantaging individual collectors.
Based on analysis of 5 sections of legislative text.
Authorizes the U.S. Mint to produce commemorative coins for the 2028 LA and 2034 Salt Lake City Olympic & Paralympic Games, sets coin specs, surcharges, and distribution rules.
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 Treasury (U.S. Mint) to produce and sell specially designated commemorative coins for the 2028 Los Angeles Summer Olympic and Paralympic Games and the 2034 Salt Lake City Winter Olympic and Paralympic Games. The law sets coin types, metal content, sizes, mintage limits, surcharge amounts, distribution rules for surcharge proceeds to the Games’ organizing entities, design review requirements, cost‑recovery rules, and audit requirements for recipients. The Mint must recover its issuance costs before any surcharge disbursements; it may increase mintages if independent market research shows greater demand. Coin issuance is limited to calendar 2028 for LA and to the one‑year period beginning January 1, 2034 for Salt Lake City, and recipients of surcharges are subject to federal audit rules under 31 U.S.C. §5134(f)(2).