S. 4051

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 4051 Introduced in Senate (IS)]

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119th CONGRESS
2d Session
S. 4051

To require the Secretary of the Treasury to mint and issue coins that 
are emblematic of the National Fallen Firefighters Memorial and the 
service and sacrifice of firefighters throughout the history of the 
United States.

_______________________________________________________________________

IN THE SENATE OF THE UNITED STATES

March 11, 2026

Ms. Collins (for herself, Ms. Klobuchar, Ms. Murkowski, Mr. Peters, and 
Ms. Lummis) introduced the following bill; which was read twice and 
referred to the Committee on Banking, Housing, and Urban Affairs

_______________________________________________________________________

A BILL

To require the Secretary of the Treasury to mint and issue coins that 
are emblematic of the National Fallen Firefighters Memorial and the 
service and sacrifice of firefighters throughout the history of the 
United States.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``National Fallen Firefighters 
Memorial Coin Act''.

SEC. 2. COIN SPECIFICATIONS.

(a) Denominations.--The Secretary of the Treasury (hereafter in 
this Act referred to as the ``Secretary'') shall mint and issue the 
following coins:
(1) $5 gold coins.--Not more than 50,000 $5 coins, which 
shall--
(A) weigh 8.359 grams;
(B) have a diameter of 0.850 inches; and
(C) contain not less than 90 percent gold.
(2) $1 silver coins.--Not more than 400,000 $1 coins, which 
shall--
(A) weigh 26.73 grams;
(B) have a diameter of 1.500 inches; and
(C) contain not less than 90 percent silver.
(3) Half-dollar clad coins.--Not more than 750,000 half-
dollar coins which shall--
(A) weigh 11.34 grams;
(B) have a diameter of 1.205 inches; and
(C) be minted to the specifications for half-dollar 
coins contained in section 5112(b) of title 31, United 
States Code.
(b) Legal Tender.--The coins minted under this Act shall be legal 
tender, as provided in section 5103 of title 31, United States Code.
(c) Numismatic Items.--For purposes of sections 5134 and 5136 of 
title 31, United States Code, all coins minted under this Act shall be 
considered to be numismatic items.

SEC. 3. DESIGNS OF COINS.

(a) Design Requirements.--
(1) In general.--The designs of the coins minted under this 
Act shall be emblematic of the National Fallen Firefighters 
Memorial and the service and sacrifice of firefighters 
throughout the history of the United States.
(2) Designation and inscriptions.--On each coin minted 
under this Act there shall be--
(A) a designation of the value of the coin;
(B) an inscription of the year ``2029''; and
(C) inscriptions of the words ``Liberty'', ``In God 
We Trust'', ``United States of America'', and ``E 
Pluribus Unum''.
(b) Selection.--The designs for the coins minted under this Act 
shall be--
(1) selected by the Secretary, after consultation with the 
Commission of Fine Arts and the National Fallen Firefighters 
Foundation; and
(2) reviewed by the Citizens Coinage Advisory Committee.

SEC. 4. ISSUANCE OF COINS.

(a) Quality of Coins.--Coins minted under this Act may be issued in 
uncirculated and proof qualities.
(b) Period for Issuance.--The Secretary may issue coins minted 
under this Act only during the 1-year period beginning on January 1, 
2029.

SEC. 5. SALE OF COINS.

(a) Sale Price.--The coins issued under this Act shall be sold by 
the Secretary at a price equal to the sum of--
(1) the face value of the coins;
(2) the surcharge provided in section 6(a) with respect to 
such coins; and
(3) the cost of designing and issuing the coins (including 
labor, materials, dies, use of machinery, overhead expenses, 
marketing, and shipping).
(b) Bulk Sales.--The Secretary shall make bulk sales of the coins 
issued under this Act at a reasonable discount.
(c) Prepaid Orders.--
(1) In general.--The Secretary shall accept prepaid orders 
for the coins minted under this Act before the issuance of such 
coins.
(2) Discount.--Sale prices with respect to prepaid orders 
under paragraph (1) shall be at a reasonable discount.

SEC. 6. SURCHARGES.

(a) In General.--All sales of coins issued under this Act shall 
include a surcharge of--
(1) $35 per coin for the $5 coin;
(2) $10 per coin for the $1 coin; and
(3) $5 per coin for the half-dollar coin.
(b) Distribution.--Subject to section 5134(f) of title 31, United 
States Code, all surcharges received by the Secretary from the sale of 
coins issued under this Act shall be promptly paid by the Secretary to 
the National Fallen Firefighters Foundation to support the mission and 
programs of the Foundation.
(c) Audits.--The National Fallen Firefighters Foundation shall be 
subject to the audit requirements of section 5134(f)(2) of title 31, 
United States Code, with regard to the amounts received under 
subsection (b).
(d) Limitation.--Notwithstanding subsection (a), no surcharge may 
be included with respect to the issuance under this Act of any coin 
during a calendar year if, as of the time of such issuance, the 
issuance of such coin would result in the number of commemorative coin 
programs issued during such year to exceed the annual 2 commemorative 
coin program issuance limitation under section 5112(m)(1) of title 31, 
United States Code (as in effect on the date of the enactment of this 
Act). The Secretary may issue guidance to carry out this subsection.

SEC. 7. FINANCIAL ASSURANCES.

The Secretary shall take such actions as may be necessary to ensure 
that--
(1) minting and issuing coins under this Act will not 
result in any net cost to the United States Government; and
(2) no funds, including applicable surcharges, are 
disbursed to the recipient designated in section 6 until the 
total cost of designing and issuing all of the coins authorized 
by this Act (including labor, materials, dies, use of 
machinery, overhead expenses, marketing, and shipping) is 
recovered by the United States Treasury, consistent with 
sections 5112(m) and 5134(f) of title 31, United States Code.
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