Sponsors (67)
The bill honors Rosa Parks and channels fundraising to her institute through a limited-run commemorative coin program designed to avoid net costs to taxpayers, but it raises prices for buyers, can limit public access through scarcity, may delay payments to the beneficiary, and creates modest administrative and reputational risks.
Nonprofit Rosa and Raymond Parks Institute will receive dedicated funding from a surcharge on each coin sale, increasing resources for youth development and civil-rights education.
The coin program raises public awareness and educates Americans about Rosa Parks and the civil rights movement through commemorative coinage and related publicity.
The Treasury/Mint is required to recover all minting and issuance costs before disbursing funds, reducing the likelihood of net costs to taxpayers and promoting fiscal neutrality for the program.
Buyers will pay substantially more per coin because of mandatory surcharges and full cost recovery, making commemorative pieces significantly more expensive for casual purchasers.
A single-year issuance and limited mintages can create scarcity and high aftermarket prices, reducing affordability and limiting public access to the commemorative coins.
If sales fall short or costs are higher than expected, the Treasury/Mint could face resource strains or require administrative subsidization, creating a financial risk to taxpayers despite recovery rules.
Based on analysis of 8 sections of legislative text.
Introduced February 4, 2025 by Joyce Beatty · Last progress February 4, 2025
Authorizes the U.S. Mint to produce commemorative Rosa Parks coins in three denominations, sets design requirements and mintage limits, and requires sale surcharges to be paid to the Rosa and Raymond Parks Institute for Self Development after the Treasury recovers minting costs. All coins must be issued only in calendar year 2029, be offered in proof and uncirculated qualities, and include specified inscriptions and consultations on design.