S.1289 - 25th Anniversary of 9/11 Commemorative Coin Act (119th Congress)
Summary
S.1289, 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 coins include $5 gold coins and $1 silver coins, with specific weight and composition requirements.
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 programs.
Potential Benefits
- Provides financial support to the National September 11 Memorial and Museum.
- Raises awareness and remembrance of the 9/11 attacks.
- Honors the victims, survivors, and first responders of the attacks.
- May stimulate numismatic interest and sales.
- Could foster a sense of national unity and remembrance.
Potential Disadvantages
- Potential for the commemorative coin program to be seen as a commercialization of a tragedy.
- Limited impact on broader economic or social issues.
- Surcharges on coins could be perceived as a hidden tax.
- The act itself does not address any of the underlying issues which led to the attacks.
- Limited mintage numbers may make the coins inaccessible to the general public.
Constitutional Alignment
The Act aligns 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 limitations. The use of funds to support a memorial and museum could be argued to fall under the general welfare clause.
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).