Sponsors (190)
Introduced March 3, 2025 by Adriano J. Espaillat · Last progress March 3, 2025
The bill honors Roberto Clemente and channels limited-run commemorative coin sales into funding for his foundation and charitable programs, benefiting collectors and charities while raising prices for buyers and imposing administrative and financial risks if sales or cost recoveries fall short.
Collectors, baseball fans, and the general public gain officially minted Roberto Clemente commemorative coins in three denominations with limited mintage, proof/uncirculated options, and prepaid/bulk purchase mechanisms that increase collector choice and potential numismatic value.
The Roberto Clemente Foundation will receive dedicated surcharge funding to support education, youth sports, disaster relief, and historic preservation, with federal audit transparency for those funds.
Taxpayers are protected because the Treasury must recover all minting and issuance costs before any surcharge funds are disbursed, reinforcing federal financial oversight and reducing the chance of unpaid mint costs being shifted to the government.
Coin buyers (collectors and the public) will pay materially higher prices because each coin sale carries a statutory surcharge ($35 per $5 gold coin, $10 per $1 silver coin, $5 per half-dollar), reducing affordability for purchasers.
If sales are low or issuance costs exceed recoveries, taxpayers could indirectly bear administrative or production costs (reducing surcharge transfers or creating implicit subsidies), exposing the government to financial risk.
Directing surcharge proceeds to a single nonprofit (the Roberto Clemente Foundation) concentrates benefits and excludes other potential beneficiaries that might also serve related charitable purposes.
Based on analysis of 8 sections of legislative text.
Authorizes the Mint to produce limited-run commemorative coins honoring Roberto Clemente and directs sale surcharges to the Roberto Clemente Foundation after cost recovery.
Authorizes the U.S. Mint to produce a set of limited-run commemorative coins honoring Roberto Clemente and requires that sales include fixed surcharges that will be paid to the Roberto Clemente Foundation for its programs. The law sets coin types, metal content, maximum mintages, design requirements (including consultation with the Foundation and family), sale and pricing rules, and requires the Mint to recover all production costs before any surcharge funds are disbursed. Coins may be issued only during the 2027 calendar year.