America’s Olympic and Paralympic Games Commemorative Coins Act
Sponsored By: Representative Sherman
Introduced
Summary
Creates commemorative Olympic coins for the 2028 Los Angeles Games and the 2034 Salt Lake City Winter Games and directs surcharges to support hosting and legacy programs. It sets denomination limits, design rules, pricing formulas, and audit requirements, and requires the Mint to recover its costs before paying surcharges.
Show full summary
- Collectors: Establishes coin programs for both Games with denomination-specific mintage caps. For example, each program may mint up to 100,000 $5 gold coins.
- Olympic organizers and athletes: Fixed per-coin surcharges (for example, $35 on each $5 gold coin) are paid to the Games’ organizing entities to fund hosting, legacy projects, and youth or elite sport programs, and those surcharges must be independently audited.
- Mint operations and buyers: Sale price equals face value plus the surcharge plus Mint costs. Coins may be sold only during a one-year window starting Jan 1 of each program year, and the Mint can offer bulk and prepaid discounts.
*Designed so the Mint recovers its costs and surcharges fund Games activities, the bill is structured to avoid a net cost to the federal government.*
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Bill Overview
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
2028 Los Angeles Olympic coins for collectors
If enacted, the U.S. Mint would sell legal‑tender commemorative coins for the 2028 Los Angeles Olympic and Paralympic Games from Jan 1–Dec 31, 2028. Up to 100,000 $5 gold, 500,000 $1 silver, 300,000 half‑dollars, and 100,000 five‑ounce proof $1 silver coins could be minted. You would pay the face value, a surcharge, and minting costs. Surcharges would be $35 per $5 coin, $10 per $1 coin, $5 per half‑dollar, and $50 per proof $1 coin. The Mint could raise mintage if market research shows demand, and no surcharge could be added if that would exceed the annual two‑program limit for commemorative coins. Surcharges would go to the United States Olympic and Paralympic Properties for hosting and legacy programs, but only after all minting costs are recovered. Coins could be sold in uncirculated and proof finishes, and prepaid or bulk orders could get reasonable discounts.
2034 Salt Lake Winter Games coins
If enacted, the U.S. Mint would sell legal‑tender commemorative coins for the 2034 Salt Lake City Olympic and Paralympic Winter Games from Jan 1–Dec 31, 2034. Up to 100,000 $5 gold, 500,000 $1 silver, 300,000 half‑dollars, and 100,000 five‑ounce proof $1 silver coins could be minted. You would pay the face value, a surcharge, and minting costs. Surcharges would be $35 per $5 coin, $10 per $1 coin, $5 per half‑dollar, and $50 per proof $1 coin. The Mint could raise mintage if market research shows demand, and no surcharge could be added if that would exceed the annual two‑program limit for commemorative coins. Surcharges would go to the Organizing Committee for the 2034 Games for hosting and legacy work, including winter sports programs for young and elite athletes, but only after all minting costs are recovered. Coins could be sold in uncirculated and proof finishes, and prepaid or bulk orders could get reasonable discounts.
Sponsors & CoSponsors
Sponsor
Sherman
CA • D
Cosponsors
Lucas
OK • R
Sponsored 7/14/2025
Calvert
CA • R
Sponsored 7/14/2025
Kamlager-Dove
CA • D
Sponsored 7/14/2025
Moore (UT)
UT • R
Sponsored 7/14/2025
Bice
OK • R
Sponsored 7/16/2025
Fitzpatrick
PA • R
Sponsored 7/21/2025
Lynch
MA • D
Sponsored 7/21/2025
Foster
IL • D
Sponsored 7/23/2025
DeGette
CO • D
Sponsored 7/23/2025
Ciscomani
AZ • R
Sponsored 7/23/2025
Brownley
CA • D
Sponsored 7/23/2025
Magaziner
RI • D
Sponsored 7/23/2025
Williams (GA)
GA • D
Sponsored 7/29/2025
Bacon
NE • R
Sponsored 7/29/2025
Cole
OK • R
Sponsored 9/2/2025
Peters
CA • D
Sponsored 9/2/2025
Cline
VA • R
Sponsored 9/30/2025
Bera
CA • D
Sponsored 9/30/2025
Kim
CA • R
Sponsored 9/30/2025
Correa
CA • D
Sponsored 9/30/2025
Lieu
CA • D
Sponsored 12/9/2025
Stefanik
NY • R
Sponsored 12/9/2025
Carbajal
CA • D
Sponsored 1/21/2026
Kiley (CA)
CA • I
Sponsored 1/21/2026
Carter (GA)
GA • R
Sponsored 2/2/2026
Simpson
ID • R
Sponsored 2/2/2026
Carson
IN • D
Sponsored 2/2/2026
Hoyle (OR)
OR • D
Sponsored 2/2/2026
Owens
UT • R
Sponsored 2/3/2026
Evans (PA)
PA • D
Sponsored 2/3/2026
Carey
OH • R
Sponsored 2/4/2026
Mullin
CA • D
Sponsored 2/4/2026
Kennedy (UT)
UT • R
Sponsored 2/4/2026
Swalwell
CA • D
Sponsored 2/4/2026
Balderson
OH • R
Sponsored 2/4/2026
Barragan
CA • D
Sponsored 2/4/2026
Gottheimer
NJ • D
Sponsored 2/9/2026
Valadao
CA • R
Sponsored 2/9/2026
Wagner
MO • R
Sponsored 2/9/2026
Soto
FL • D
Sponsored 2/10/2026
Craig
MN • D
Sponsored 2/10/2026
Alford
MO • R
Sponsored 2/10/2026
Thanedar
MI • D
Sponsored 2/11/2026
Wilson (SC)
SC • R
Sponsored 2/11/2026
Maloy
UT • R
Sponsored 3/3/2026
Menendez
NJ • D
Sponsored 3/3/2026
Lawler
NY • R
Sponsored 3/16/2026
Ruiz
CA • D
Sponsored 3/16/2026
Torres (CA)
CA • D
Sponsored 4/6/2026
Van Epps
TN • R
Sponsored 4/6/2026
Roll Call Votes
No roll call votes available for this bill.
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