Muhammad Ali Congressional Gold Medal Act
Muhammad Ali Congressional Gold Medal Act
Plain Language Summary
# Muhammad Ali Congressional Gold Medal Act (HR 485) **What the Bill Does:** This bill would authorize the U.S. Mint to create and award a Congressional Gold Medal in honor of Muhammad Ali, the legendary boxer who passed away in 2016. The Congressional Gold Medal is one of the highest civilian honors the U.S. can bestow. The bill would cover the costs of producing the medals through the U.S.
Mint's budget, and any revenue from selling duplicate bronze copies of the medal would go back into the Mint's fund. **Who It Affects:** The bill directly honors Muhammad Ali's legacy and legacy. More broadly, it affects the U.S. Mint's budget and operations. There are no significant impacts on the general public, though it represents a formal national recognition of Ali's contributions. **Current Status:** As of now, the bill remains in committee and has not been voted on by the full House. It was introduced by Representative André Carson, a Democrat from Indiana, but has not yet advanced further in the legislative process.
CRS Official Summary
Muhammad Ali Congressional Gold Medal Act This bill provides for the posthumous award of a Congressional Gold Medal to Muhammad Ali. There is authorized to be charged against the U.S. Mint Public Enterprise Fund such amounts as may be necessary to pay for the costs of the medals struck under this bill. Sums received from the sale of duplicate bronze medals authorized by this bill shall be deposited into that fund.
Latest Action
Referred to the House Committee on Financial Services.