Sponsors (89)
The bill formally honors Muhammad Ali and finances commemorative medals through Mint mechanisms that limit near-term demands on appropriations, trading off modest production and administrative costs, possible diversion of Mint funds, and limited affordability of duplicates for some members of the public.
Americans and Muhammad Ali's family will see his legacy formally honored: Congress awards Ali a Congressional Gold Medal as a permanent national recognition.
Students and young people will gain increased public awareness of Ali's achievements and humanitarian work, supporting cultural and historical education.
People affected by Parkinson's disease and research supporters will benefit from heightened attention to Ali's Parkinson's advocacy, which can encourage donations and support for research and care.
Taxpayers and Mint operations could see reduced available resources because using the Mint's Public Enterprise Fund to cover production may divert funds from other Mint activities or require higher transfers to the Treasury.
Taxpayers and federal employees may incur direct costs and administrative burdens because striking, presenting, storing, and selling medals require production, custody, and disposition work.
Collectors and members of the public who want duplicates may face higher prices because duplicate medals must be priced to cover full production overhead, limiting affordability for some buyers.
Based on analysis of 6 sections of legislative text.
Authorizes Congress to present a gold medal to Muhammad Ali, directs the Mint to strike it, gives the medal to his wife, allows sale of bronze duplicates, and deposits proceeds to the Mint Fund.
Introduced January 16, 2025 by André Carson · Last progress January 16, 2025
Authorizes Congress to present a Congressional Gold Medal to Muhammad Ali and directs the U.S. Mint to strike a suitable gold medal for that presentation and to produce bronze duplicates. The gold medal, once presented, is to be given to his wife, Lonnie Ali, and the Secretary of the Treasury will determine the medal's design and inscriptions. Allows the Mint to sell bronze duplicates at prices that cover production costs and treats the medals as national, numismatic items; costs of striking are charged to the U.S. Mint Public Enterprise Fund and proceeds from duplicate sales are deposited back into that Fund.