Sponsors (67)
The bill honors Rosa Parks and channels commemorative-coin revenues to her namesake institute while requiring cost-recovery safeguards to protect taxpayers, but it raises prices for buyers, may still expose taxpayers if sales lag, limits access through small, single-year issuance, and adds administrative burdens.
Taxpayers and the public are protected because the Treasury must recover all coin production costs before proceeds are disbursed, reducing the likelihood of direct taxpayer subsidies.
The Rosa and Raymond Parks Institute will receive dedicated surcharge revenues to support youth development and civil-rights education without requiring new appropriations.
The public (taxpayers and visitors to museums/education sites) gains officially sanctioned commemorative coins that honor Rosa Parks and help preserve and promote Civil Rights history.
Taxpayers could still bear financial risk if coin sales fall short of expectations, because production requires up-front costs and surcharges or sales may not fully cover expenses.
Casual buyers and taxpayers pay higher retail prices because coins include mandatory surcharges and prices are set to recover costs plus a surcharge, making pieces more expensive than face value.
Limiting issuance to a single calendar year and specifying small mintages/physical specs can restrict access for many buyers, driving demand to secondary markets where prices may be higher.
Based on analysis of 8 sections of legislative text.
Authorizes the U.S. Mint to produce Rosa Parks commemorative coins in three denominations for 2029, sets per‑coin surcharges, and directs surcharge proceeds to the Rosa and Raymond Parks Institute.
Introduced February 4, 2025 by Joyce Beatty · Last progress February 4, 2025
Creates a commemorative coin program honoring Rosa Parks by authorizing the U.S. Mint to produce gold, silver, and half‑dollar clad commemorative coins to be issued in calendar year 2029. The Mint must follow specified metal, weight, and mintage limits, include required inscriptions and at least one obverse with Parks’ name and likeness, and consult specified advisory bodies on design. Sales will include set per‑coin surcharges that are paid to the Rosa and Raymond Parks Institute for Self Development to support youth development and civil rights education, but the Treasury must recover all Minting costs before any surcharge payments and the program must impose no net cost on the government. The bill sets sale‑price rules (face value + surcharge + design/issuance costs), authorizes proof and uncirculated versions, allows prepaid and bulk sales with reasonable discounts, requires audit and oversight of surcharge receipts, and limits issuance to the 2029 calendar year while observing statutory limits on commemorative programs per year.