On December 15, 2014, the Senate passed a bill which would require the Secretary of the Treasury to mint and issue coins in commemoration of the centennial of Boys Town. The bill was amended from the version previously passed by the House of Representatives.
Boys Town is a non-profit organization dedicated to saving children and healing families. The original Boys Town was founded on December 12, 1917 by Father Edward Joseph Flanagan and has grown to provide care to children and families in 11 regions. The national headquarters is located in the village of Boys Town, Nebraska.
The bill H.R. 2866: Boys Town Centennial Commemorative Coin Act was introduced by Rep. Lee Terry of Nebraska on July 30, 2013. The bill called for the issuance of up to 50,000 $5 gold coins, 350,000 silver dollars and 300,000 half dollars to mark the centennial of the founding of Father Flanagan’s Boys Town. The designs for the coins would be emblematic of the 100 years of Boys Town and selected by the Secretary after consultation with the National Executive Director of Boys Town, the Commission of Fine Arts, and review by the Citizens Coinage Advisory Committee.
The introduced version of the bill had specified that the coins could be issued during the period beginning on January 1, 2017 and ending on December 31, 2018. Additionally, there were no surcharges specified to be added to the cost of each coin.
On September 15, 2014, the House of Representatives passed the bill with amendments changing the end of the issuance period to December 31, 2017 and adding surcharges to the cost of each coin. The surcharges were indicated as $35 per gold coin, $10 per silver dollar, and $5 per half dollar, with the amounts to be distributed to Boys Town to carry out their cause of caring for and assisting children and families in under served communities across America.
When the Senate passed the bill on December 15, 2014, an amendment was made to the surcharge information. Rather than distributing the funds to Boys Town, the surcharges “shall be paid to the United States Treasury for the purposes of reducing the national debt.”
Since the Senate made changes to the bill, it has been sent back the House of Representatives. In order for the bill to become law, it must be passed by both the House and Senate in identical form and then signed by the President.