Sponsors (7)
The bill provides a symbolic Congressional Gold Medal honoring Rep. Rangel and widens public access via paid replicas while largely avoiding new appropriations by using Mint funds — but it concentrates costs and revenues within the Mint, creates small taxpayer expenses, and limits broader use of the proceeds.
Rangel and his family are officially honored: the bill authorizes a Congressional Gold Medal recognizing Charles B. Rangel’s public service and directs that the medal be presented to his children.
The U.S. Mint will cover medal production and return replica-sale proceeds to its Public Enterprise Fund, reducing the need for additional appropriations and creating a small revenue stream to support Mint operations.
Members of the public (e.g., middle‑class families and collectors) can buy affordable bronze replicas, widening access to the commemoration beyond the single gold medal.
Shifts and concentrates costs/revenues within the Mint: charging the Mint fund and requiring sale proceeds to be deposited there could reduce the Mint’s flexibility, crowd out other Mint programs or operations, require higher product prices, and limit Treasury-wide use of those funds.
There is a small upfront production and administrative cost to the Treasury for designing and striking the gold medal, which is ultimately borne by taxpayers.
Replica sales are priced to fully cover production costs, so they do not generate surplus funds to support related public programs or charitable purposes.
Based on analysis of 6 sections of legislative text.
Authorizes a Congressional Gold Medal for Charles B. Rangel, directs the U.S. Mint to strike the medal and sell bronze duplicates, and routes costs and proceeds through the Mint Public Enterprise Fund.
Introduced June 5, 2025 by Adriano J. Espaillat · Last progress June 5, 2025
Authorizes a Congressional Gold Medal honoring Charles B. Rangel, directs the Secretary of the Treasury (through the U.S. Mint) to strike a suitably designed gold medal bearing his image and inscription, and allows the Mint to strike and sell bronze duplicate medals. The bill designates the medals as national numismatic items, requires sale prices for duplicates to cover production costs, and directs proceeds and costs to be handled through the U.S. Mint Public Enterprise Fund. After the presentation on behalf of Congress, the gold medal is to be given to Rangel’s children.