The bill honors Muhammad Ali with a Congressional Gold Medal and permits sale of duplicate medals without new appropriations, trading modest fiscal and administrative costs and potential Mint fund opportunity costs for cultural recognition and public commemoration.
The American public (including students and youth) will see Muhammad Ali formally honored with a Congressional Gold Medal, raising national recognition of his achievements and humanitarian legacy.
Ali's life and humanitarian work will receive renewed public attention and educational value, helping preserve his legacy for future generations.
Highlighting Muhammad Ali's Parkinson's advocacy could encourage public awareness, support, and donations for Parkinson's research and services, benefiting people with disabilities.
Using the Mint's Public Enterprise Fund to cover production costs may divert resources from other Mint activities or require adjustments (e.g., higher transfers), creating an opportunity cost that could indirectly affect taxpayers.
The program may impose additional administrative work and costs on the Treasury/Mint and could complicate accounting and oversight of medal-related expenses versus other operations unless extra reporting is required.
There will be a small fiscal cost associated with designing and striking the official Congressional Gold Medal (even if covered by the Mint fund), which is ultimately borne by taxpayers or Mint resources.
Based on analysis of 6 sections of legislative text.
Authorizes a Congressional Gold Medal for Muhammad Ali, directs the Mint to strike the gold medal and allows sale of bronze duplicates to cover costs.
Official title: To posthumously award a Congressional Gold Medal to Muhammad Ali, in recognition of his contributions to the United States.
Introduced January 16, 2025 by André Carson · Last progress January 16, 2025
Authorizes Congress to present a Congressional Gold Medal to Muhammad Ali, directs the U.S. Mint to strike an official gold medal for presentation to his wife, Lonnie Ali, and allows the Mint to produce and sell bronze duplicates to cover production costs. Declares the medals to be national numismatic items and permits the Mint to charge its Public Enterprise Fund for striking costs while depositing proceeds from duplicate sales into that Fund.