America’s Olympic and Paralympic Games Commemorative Coins Act
America’s Olympic and Paralympic Games Commemorative Coins Act
Plain Language Summary
# America's Olympic and Paralympic Games Commemorative Coins Act Summary **What the Bill Would Do:** This bill would authorize the U.S. Mint to design and produce special commemorative coins celebrating the Olympic and Paralympic Games. If passed, these coins would be minted and sold to the public, with proceeds typically going toward supporting Olympic programs or other designated purposes. The coins would serve as collectible items rather than regular currency for everyday transactions. **Who It Affects:** The bill primarily affects coin collectors and Olympic enthusiasts who would have the opportunity to purchase these commemorative coins. It also involves the U.S.
Mint, which would be responsible for designing and producing them. Depending on how proceeds are distributed, the bill could benefit Olympic organizations or athletes. **Current Status:** The bill is currently in committee (HR 4382 in the 119th Congress), meaning it has been introduced but has not yet been debated or voted on by the full House of Representatives. It was sponsored by Representative Brad Sherman (D-CA). Bills at this stage may advance for further consideration, be amended, or remain inactive.
Latest Action
Referred to the House Committee on Financial Services.