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Authorizes the U.S. Treasury to mint three commemorative coins honoring the National Fallen Firefighters Memorial — a $5 gold coin, a $1 silver coin, and a half-dollar clad coin — with specified maximum mintages, metal contents, and designs that must include standard inscriptions. Sales include mandatory surcharges ($35, $10, and $5 respectively) that are paid to the National Fallen Firefighters Foundation to support its mission. The coins may be issued in proof and uncirculated qualities only during the calendar year 2029, must be sold at prices covering face value, surcharges, and all production costs, and may not result in net cost to the U.S. government.
The bill creates collectible commemorative coins to raise targeted funds for firefighter programs and offers collectible value while including safeguards to recover costs — but it raises prices for buyers, adds administrative complexity, and still risks taxpayer exposure if revenue or surcharges fall short.
Nonprofit National Fallen Firefighters Foundation and firefighter-related programs will receive dedicated surcharge revenue to support memorials, support, and safety programs.
The Treasury/Mint must recover minting and issuance costs before disbursing surcharges, and designating the coins as numismatic supports collectible sales, which together reduce the likelihood that the program will impose net costs on taxpayers.
Collectors and the public can buy limited-run commemorative coins with expert-reviewed designs, predictable cost-plus-surcharge pricing, and optional bulk/prepaid discounts, providing collectible value and pricing transparency.
The program could still impose net costs on taxpayers if coin sales, surcharges, or discounts fail to cover minting/issuance and added administrative costs, effectively shifting some production or operational risk to the government.
Collectors and other purchasers will pay higher prices because of mandatory per-coin surcharges (e.g., $35, $10, $5), increasing out-of-pocket costs for buyers.
Required discounts for bulk and prepaid purchases may reduce net surcharge receipts available to beneficiaries, lowering funds raised for the intended nonprofit.
Introduced March 11, 2026 by Susan Margaret Collins · Last progress March 11, 2026