A bill has been introduced in the Senate which seeks to require the Secretary of the Treasury to mint and issue gold and silver commemorative coins for the National Future Farmers of America Organization.
The National FFA Organization was founded in 1928 as the “Future Farmers of America” to help prepare future generations for the challenges of feeding a growing population. The organization’s interests have since broadened to include a range of career pathways. According to the organization’s website there are 523,309 FFA members, making it one of the largest youth organizations in the United States. There are approximately 9 million living former members of the National FFA Organization.
The bill S. 1181 National Future Farmers of America Commemorative Coin Act of 2011 was introduced on June 13, 2011 by Sen. Charles Grassley of Iowa. There are currently 15 cosponsors for the bill, which has been referred to the Committee on Banking, Housing, and Urban Affairs.
If the bill becomes law, up to 100,000 gold coins and 500,000 silver dollars would be issued during the one year period beginning on January 1, 2014. The designs for the coins are required to be “emblematic of the 85-year history of the National Future Farmers of America Organization”. Required inscriptions include the words “Liberty”, “In God We Trust”, “United States of America”, “E Pluribus Unum”, and the date “2014”.
The price of each coin would include a surcharge of $25 per gold coin and $10 per silver coin, distributable to the National FFA Foundation “to enhance and expand programs that encourage agricultural literacy and the development of leadership skills, personal growth, and career success through agricultural education and the Future Farmers of America.”
Under current law, only two commemorative coin programs may be authorized for each year. One program commemorating the Civil Rights Act of 1964 has already been approved for 2014.
In the last session of Congress, bills had been introduced in the House of Representatives and Senate seeking to authorize commemorative coins for the National Future Farmers of America to be issued in 2012, to coincide with the start of the 85th anniversary celebration. Neither of these bills became law. Two different commemorative coin programs were ultimately approved for 2012 for United States Army Infantry and the Bicentennial of the writing of the Star Spangled Banner.