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31 U.S.C. § 5135 — Citizens Coinage Advisory Committee

Federal law — U.S. Code and appendices · legal_authorities

31 U.S.C. § 5135 — Citizens Coinage Advisory Committee

**(a) Establishment.—** (1) **In general.—** — There is hereby established the Citizens Coinage Advisory Committee (in this section referred to as the “Advisory Committee”) to advise the Secretary of the Treasury on the selection of themes and designs for coins. (2) **Oversight of advisory committee.—** — The Advisory Committee shall be subject to the authority of the Secretary of the Treasury (hereafter in this section referred to as the “Secretary”). **(b) Membership.—** (1) **Appointment.—** — The Advisory Committee shall consist of 11 members appointed by the Secretary as follows: (A) Seven persons appointed by the Secretary— (i) one of whom shall be appointed from among individuals who are specially qualified to serve on the Advisory Committee by virtue of their education, training, or experience as a nationally or internationally recognized curator in the United States of a numismatic collection; (ii) one of whom shall be appointed from among individuals who are specially qualified to serve on the Advisory Committee by virtue of their experience in the medallic arts or sculpture; (iii) one of whom shall be appointed from among individuals who are specially qualified to serve on the Advisory Committee by virtue of their education, training, or experience in American history; (iv) one of whom shall be appointed from among individuals who are specially qualified to serve on the Advisory Committee by virtue of their education, training, or experience in numismatics; and (v) three of whom shall be appointed from among individuals who can represent the interests of the general public in the coinage of the United States. (B) Four persons appointed by the Secretary on the basis of the recommendations of the following officials who shall

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Stable record: federal_law:legal_authorities:record_usc_886b1cd9de00421acad572a6
Source file: Laws/federal/codes/united-states-code/title-31/section-5135-citizens-coinage-advisory-committee--925217703c.md
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Source location: Title 31, Chapter 51, § 5135; chapter-051-coins-and-currency.md

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**(a) Establishment.—** (1) **In general.—** — There is hereby established the Citizens Coinage Advisory Committee (in this section referred to as the “Advisory Committee”) to advise the Secretary of the Treasury on the selection of themes and designs for coins. (2) **Oversight of advisory committee.—** — The Advisory Committee shall be subject to the authority of the Secretary of the Treasury (hereafter in this section referred to as the “Secretary”). **(b) Membership.—** (1) **Appointment.—** — The Advisory Committee shall consist of 11 members appointed by the Secretary as follows: (A) Seven persons appointed by the Secretary— (i) one of whom shall be appointed from among individuals who are specially qualified to serve on the Advisory Committee by virtue of their education, training, or experience as a nationally or internationally recognized curator in the United States of a numismatic collection; (ii) one of whom shall be appointed from among individuals who are specially qualified to serve on the Advisory Committee by virtue of their experience in the medallic arts or sculpture; (iii) one of whom shall be appointed from among individuals who are specially qualified to serve on the Advisory Committee by virtue of their education, training, or experience in American history; (iv) one of whom shall be appointed from among individuals who are specially qualified to serve on the Advisory Committee by virtue of their education, training, or experience in numismatics; and (v) three of whom shall be appointed from among individuals who can represent the interests of the general public in the coinage of the United States. (B) Four persons appointed by the Secretary on the basis of the recommendations of the following officials who shall make the selection for such recommendation from among citizens who are specially qualified to serve on the Advisory Committee by virtue of their education, training, or experience: (i) One person recommended by the Speaker of the House of Representatives. (ii) One person recommended by the minority leader of the House of Representatives. (iii) One person recommended by the majority leader of the Senate. (iv) One person recommended by the minority leader of the Senate. (2) **Terms.—** (A) *In general.—* — Except as provided in subparagraph (B), members of the Advisory Committee shall be appointed for a term of 4 years. (B) *Terms of initial appointees.—* — As designated by the Secretary at the time of appointment, of the members first appointed— (i) four of the members appointed under paragraph (1)(A) shall be appointed for a term of 4 years; (ii) the four members appointed under paragraph (1)(B) shall be appointed for a term of 3 years; and (iii) three of the members appointed under paragraph (1)(A) shall be appointed for a term of 2 years. (3) **Preservation of public advisory status.—** — No individual may be appointed to the Advisory Committee while serving as an officer or employee of the Federal Government. (4) **Continuation of service.—** — Each appointed member may continue to serve for up to 6 months after the expiration of the term of office to which such member was appointed until a successor has been appointed. (5) **Vacancy and removal.—** (A) *In general.—* — Any vacancy on the Advisory Committee shall be filled in the manner in which the original appointment was made. (B) *Removal.—* — Advisory Committee members shall serve at the discretion of the Secretary and may be removed at any time for good cause. (6) **Chairperson.—** — The Chairperson of the Advisory Committee shall be appointed for a term of 1 year by the Secretary from among the members of the Advisory Committee. (7) **Pay and expenses.—** — Members of the Advisory Committee shall serve without pay for such service but each member of the Advisory Committee shall be reimbursed from the United States Mint Public Enterprise Fund for travel, lodging, meals, and incidental expenses incurred in connection with attendance of such members at meetings of the Advisory Committee in the same amounts and under the same conditions as employees of the United States Mint who engage in official travel, as determined by the Secretary. (8) **Meetings.—** (A) *In general.—* — The Advisory Committee shall meet at the call of the Secretary, the chairperson, or a majority of the members, but not less frequently than twice annually. (B) *Open meetings.—* — Each meeting of the Advisory Committee shall be open to the public. (C) *Prior notice of meetings.—* — Timely notice of each meeting of the Advisory Committee shall be published in the Federal Register, and timely notice of each meeting shall be made to trade publications and publications of general circulation. (9) **Quorum.—** — Seven members of the Advisory Committee shall constitute a quorum. **(c) Duties of the Advisory Committee.—** The duties of the Advisory Committee are as follows: (1) Advising the Secretary of the Treasury on any theme or design proposals relating to circulating coinage, bullion coinage, congressional gold medals and national and other medals produced by the Secretary of the Treasury in accordance with [section 5111 of title 31](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title31-section5111&num=0&edition=prelim), United States Code. (2) Advising the Secretary of the Treasury with regard to— (A) the events, persons, or places that the Advisory Committee recommends be commemorated by the issuance of commemorative coins in each of the 5 calendar years succeeding the year in which a commemorative coin designation is made; (B) the mintage level for any commemorative coin recommended under subparagraph (A); and (C) the proposed designs for commemorative coins. **(d) Expenses.—** The expenses of the Advisory Committee that the Secretary of the Treasury determines to be reasonable and appropriate shall be paid by the Secretary from the United States Mint Public Enterprise Fund. **(e) Administrative Support, Technical Services, and Advice.—** Upon the request of the Advisory Committee, or as necessary for the Advisory Committee to carry out the responsibilities of the Advisory Committee under this section, the Director of the United States Mint shall provide to the Advisory Committee the administrative support, technical services, and advice that the Secretary of the Treasury determines to be reasonable and appropriate. **(f) Consultation Authority.—** In carrying out the duties of the Advisory Committee under this section, the Advisory Committee may consult with the Commission of Fine Arts. **(g) Annual Report.—** (1) **Required.—** — Not later than September 30 of each year, the Advisory Committee shall submit a report to the Secretary, the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate. Should circumstances arise in which the Advisory Committee cannot meet the September 30 deadline in any year, the Secretary shall advise the Chairpersons of the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate of the reasons for such delay and the date on which the submission of the report is anticipated. (2) **Contents.—** — The report required by paragraph (1) shall describe the activities of the Advisory Committee during the preceding year and the reports and recommendations made by the Advisory Committee to the Secretary of the Treasury. **(h) Chapter 10 of Title 5 Does Not Apply.—** Subject to the requirements of subsection (b)(8), chapter 10 of title 5 shall not apply with respect to the Committee.

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Federal law — U.S. Code and appendices · legal_authorities

31 U.S.C. § 5111 — Minting and issuing coins, medals, and numismatic items

**(a)** The Secretary of the Treasury— (1) shall mint and issue coins described in [section 5112 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title31-section5112&num=0&edition=prelim) in amounts the Secretary decides are necessary to meet the needs of the United States; (2) may prepare national medal dies and strike national and other medals if it does not interfere with regular minting operations but may not prepare private medal dies; (3) may prepare and distribute numismatic items; and (4) may mint coins for a foreign country if the minting does not interfere with regular minting operations, and shall prescribe a charge for minting the foreign coins equal to the cost of the minting (including labor, materials, and the use of machinery). **(b)** The Department of the Treasury has a coinage metal fund and a coinage profit fund. The Secretary may use the coinage metal fund to buy metal to mint coins. The Secretary shall credit the coinage profit fund with the amount by which the nominal value of the coins minted from the metal exceeds the cost of the metal. The Secretary shall charge the coinage profit fund with waste incurred in minting coins and the cost of distributing the coins, including the cost of coin bags and pallets. The Secretary shall deposit in the Treasury as miscellaneous receipts excess amounts in the coinage profit fund. **(c) Procurements Relating to Coin Production.—** (1) **In general.—** — The Secretary may make contracts, on conditions the Secretary decides are appropriate and are in the public interest, to acquire articles, materials, supplies, and services (including equipment, manufacturing facilities, patents, patent rights, technical knowledge, and assistance) necessary to produce the coins referred to in

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Federal law — U.S. Code and appendices · legal_authorities

31 U.S.C. § 5135 — Citizens Coinage Advisory Committee

Page 421 TITLE 31—MONEY AND FINANCE § 5135 and other obligations) of the United States Mint, and the land and buildings of the San Francisco Mint, the Old San Francisco Mint, and the West Point Mint, capitalized at current book value as carried in the Mint combined statement of financial condition. ‘‘(2) EXCESS AMOUNTS TO BE DEPOSITED IN THE GENERAL FUND.—That portion of the total amount of numismatic profits for fiscal year 1992 which remains after the transfer to the Fund pursuant to paragraph (1)(A) is made shall be deposited by the Secretary in the general fund of the Treasury as soon as practicable after the end of the fiscal year. ‘‘(3) DEFINITIONS.—For purposes of paragraphs (1) and (2)— ‘‘(A) NUMISMATIC PROFIT.—The term ‘numismatic profit’ means the amount which is equal to the pro- ceeds (including seigniorage) from the sale of numis- matic items minus the costs of numismatic oper- ations and programs. ‘‘(B) NUMISMATIC RECEIVABLE.—The term ‘numis- matic receivable’ means any account receivable from numismatic operations and programs, including chargebacks, returned checks, amounts due from spe- cial order sales, and amounts due from consignment sales. ‘‘(C) OTHER TERMS.—The terms ‘Fund’ and ‘numis- matic item’ have the meaning given to such terms in the amendment made by subsection (a) [enacting this section].’’ § 5135. Citizens Coinage Advisory Committee (a) ESTABLISHMENT.— (1) IN GENERAL.—There is hereby established the Citizens Coinage Advisory Committee (in this section referred to as the ‘‘Advisory Com- mittee’’) to advise the Secretary of the Treas- ury on the selection of themes and designs for coins. (2) OVERSIGHT OF ADVISORY COMMITTEE.—The Advisory Committee shall be subject to the authority of the Secretary of the Treasury

Source: Supplied 2024 U.S. Code historical extraction · 31 U.S.C. § 5135

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