A bill has been introduced in the House of Representatives which seeks to require the Secretary of the Treasury to mint and issue coins in recognition of the fight against breast cancer.
The bill H.R. 2722 was introduced by Rep. Carolyn Maloney on June 10, 2015 and currently has 306 cosponsors. After introduction, the bill was referred to the House Committee on Financial Services and the Committee on the Budget.
A total of three different commemorative coins would be issued under the program. This includes up to 50,000 $5 gold coins, 400,000 silver dollars, and 750,000 clad half dollars, each produced in proof and uncirculated qualities.
The designs for the coins would be emblematic of the fight against breast cancer and would be selected based on the winning design from a juried, compensated design competition. Design proposals may be accepted from artists and engravers of the United States Mint as well as members of the general public. The submission of 3-dimensional designs would be encouraged and preference will be given to proposals that are accompanied by a 3-dimensional physical design instead of, or in addition to, an electronic design.
Under the act, the coins would be issued only during the one year period beginning on January 1, 2018.
The sales prices for the coins would include surcharges of $35 per gold coin, $10 per silver dollar, and $5 per half dollar. The surcharges would be distributable one-half to the Susan G. Komen for the Cure, Dallas, Texas, and one-half to the Breast Cancer Research Foundation, New York, New York.
In order to become law, the bill must be passed by the House of Representatives and the Senate, then signed into law by the President.