Circulating Collectible Coin Redesign Act of 2020

Circulating Collectible Coin Redesign Act of 2020

(Sec. 2) This bill requires the Department of the Treasury to issue, beginning January 1, 2022, quarter-dollar coins in commemoration of the accomplishments and contributions of up to five prominent American women per year.

(Sec. 3) Treasury may issue quarter dollars, beginning January 1, 2026, with up to five different designs emblematic of the U.S. semiquincentennial. One of the quarter dollar designs must be emblematic of a woman's or women's contribution to the birth of the nation or the Declaration of Independence or any other monumental moments in American history. Treasury may, in addition to the coins honoring Native Americans and honoring innovation and innovators, mint for issuance during the one-year period beginning January 1, 2026, $1 dollar coins with designs emblematic of the U.S. semiquincentennial.

(Sec. 4) Beginning January 1, 2027, Treasury shall issue quarter dollars that have designs on the reverse that are emblematic of sports played by American youth. Up to five different sports designs shall be issued each year. Beginning January 1, 2027, Treasury shall issue half dollars that have designs on the reverse that are emblematic of a sport tailored to athletes with a range of disabilities, including physical impairment, vision impairment and intellectual impairment (i.e., a Paralympic sport).

The half dollar coins bearing such designs shall be issued at the rate of one new design during each year of the period of issuance. For every design of a coin honoring a sport issued under this bill, Treasury is authorized to design and issue one or more accompanying medals with designs emblematic of the sport honored with the issuance of the coin, and include a surcharge on the sale of the medals sold. Treasury may design and manufacture medals for award at the 2028 Olympic Games in Los Angeles, California, and may provide the medals for the 2028 Paralympic Games in Los Angeles to the U.S. Olympic & Paralympic Committee.

(Sec. 5) Treasury is authorized to strike and make available for sale such number of bullion coins as it deems appropriate that feature the designs of all the quarter dollars and half dollars issued under this bill.

(Sec. 6) No head and shoulders portrait or bust of any person, living or dead, and no portrait of a living person may be included in the design on the reverse of specified coins. Treasury may develop and execute a marketing, advertising, promotional, and educational program to promote the collecting of all the coins and medals authorized by this bill.

(Sec. 7) This section provides that the budgetary effects of this bill for purposes of complying with the Statutory Pay-As-You-Go Act shall be determined by reference to the latest statement titled Budgetary Effects of PAYGO Legislation.

(Sec. 8) This section provides that no coin or medal minted and issued under this bill may be sold at a price that would result in a net cost to the federal government.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov