Sponsors (222)
Official title: To require the Secretary of the Treasury to mint commemorative coins in recognition of the life and legacy of Roberto Clemente.
Introduced March 3, 2025 by Adriano J. Espaillat · Last progress March 3, 2025
The bill honors Roberto Clemente with a limited-run commemorative coin program that can fund his namesake foundation and supports the Mint’s collector offerings, while aiming to protect taxpayers through cost recovery—but it raises administrative burdens, can increase prices for buyers, and risks complexity or delays in delivering net proceeds to beneficiaries.
Taxpayers: The bill requires the U.S. Treasury to recover all minting and issuance costs before disbursing proceeds, reducing the risk that taxpayers subsidize the commemorative coin program.
Communities served by the Roberto Clemente Foundation: The Foundation will receive a dedicated funding stream for education, youth sports, disaster relief, and historic preservation, with federal audit requirements adding transparency.
Collectors and numismatists: The bill creates a limited-run, high-quality commemorative coin program (proof and uncirculated coins, specified metal content and denominations, issued in 2027) that supports the Mint's numismatic program and provides legal-tender clarity for collectors and institutions.
Taxpayers: If production, marketing, or administrative costs exceed sales or if cost-recovery calculations are disputed, taxpayers could indirectly bear net program costs or face lost revenue.
U.S. Mint and Treasury staff: Implementing design consultations, single‑year production, surcharge accounting, audits, and detailed cost allocations increases administrative burden and could divert staff time from other priorities.
Collectors and casual buyers: Restricting minting to a single calendar year and imposing surcharges makes coins more expensive and may create short‑term scarcity and premium secondary-market prices.
Based on analysis of 8 sections of legislative text.
Authorizes three commemorative Roberto Clemente coins with set mintages, design rules, and surcharges payable to the Roberto Clemente Foundation.
Creates and directs the U.S. Mint to produce three commemorative coins honoring Roberto Clemente — a $5 gold coin, a $1 silver coin, and a half‑dollar clad coin — with set mintage limits, design requirements, and sale rules. Sales include statutory surcharges that will be paid to the Roberto Clemente Foundation to support its mission, and the Mint must recover all production costs before surcharge disbursement.