H.R.1993 - 25th Anniversary of 9/11 Commemorative Coin Act (119th Congress)
Summary
H.R.1993, the "25th Anniversary of 9/11 Commemorative Coin Act," directs the Secretary of the Treasury to mint coins commemorating the 25th anniversary of the September 11, 2001, terrorist attacks. The bill aims to support programs at the National September 11 Memorial and Museum at the World Trade Center through surcharges on the sale of these coins. The bill specifies the denominations, weight, and composition of the coins, as well as design requirements and the period for issuance.
Expected Effects
The Act will result in the minting and sale of commemorative coins. Revenue generated from surcharges on these coins will be directed to the National September 11 Memorial and Museum. This will provide financial support for the museum's operations, maintenance, and educational programs.
Potential Benefits
- Provides financial support to the National September 11 Memorial and Museum.
- Commemorates the victims and heroes of the 9/11 terrorist attacks.
- Raises awareness about the historical significance of the 9/11 attacks.
- May stimulate numismatic interest and sales.
- Could foster a sense of national unity and remembrance.
Potential Disadvantages
- The act's financial impact on the federal government is designed to be neutral, but any miscalculation could result in a cost to taxpayers.
- The surcharges on the coins may make them less affordable for some collectors.
- The act is limited to supporting a single institution, potentially overlooking other worthy causes related to 9/11.
- The commemorative nature of the coins might be seen as insufficient action to address the broader issues highlighted by the 9/11 attacks.
- There is a limitation on the number of commemorative coin programs per year, which this bill could impact.
Constitutional Alignment
The bill appears to align with the constitutional power of Congress to coin money and regulate its value, as outlined in Article I, Section 8, Clause 5. The act does not appear to infringe upon any specific constitutional rights or freedoms. The purpose of supporting a national memorial can be argued to fall under the general welfare clause of the Constitution's preamble.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).