H.R. 2527 (112th): National Baseball Hall of Fame Commemorative Coin Act

Introduced:
Jul 14, 2011 (112th Congress, 2011–2013)
Sponsor:
Rep. Richard Hanna [R-NY24]
Status:
Signed by the President
Slip Law:
This bill became Pub.L. 112-152.

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


8/3/2012--Public Law. (This measure has not been amended since it was passed by the Senate on July 12, 2012.
The summary of that version is repeated here.) National Baseball Hall of Fame Commemorative Coin Act - Directs the Secretary of the Treasury to mint and issue not more than 50,000 $5 gold coins, 400,000 $1 silver coins, and 750,000 half-dollar coins in recognition of the National Baseball Hall of Fame during the one-year period beginning on January 1, 2014.
Directs the Secretary to:
(1) hold a competition to determine the design of the common obverse of the coins, with such design being emblematic of the game of baseball; and
(2) determine compensation for the winning design, which shall be not less than $5,000 and which shall be taken into account when determining the sale price.
Requires the design on the common reverse side to depict a baseball similar to those used by Major League Baseball. Requires all sales of such coins to include specified surcharges, which shall be paid by the Secretary to the National Baseball Hall of Fame to help finance its operations after the total cost of designing and issuing the coins is recovered by the Treasury. Directs the Secretary to ensure that minting and issuing coins under this Act will not result in any net cost to the U.S. government.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


This summary can be found at http://www.gop.gov/bill/112/1/hr2527.

Background

The National Baseball Hall of Fame Museum is a repository of the rich history of America’s national pastime.  It houses the world's largest collection of baseball artifacts and is an educational institution, reaching 10 million Americans annually. 

Summary

H.R. 2527 would authorize the U.S. Mint to produce a $5 gold coin, a $1 silver coin, and a half-dollar clad coin in calendar year 2015 to recognize and celebrate the National Baseball Hall of Fame in Cooperstown, New York.  

The bill would also require a competition to design the obverse (front) of the coin.  In addition, the bill would specify a surcharge on the sales price of $35 for the gold coin, $10 for the silver coin, and $5 for the clad coin and would designate the National Baseball Hall of Fame, a nonprofit entity, to receive the income from the surcharges.

Cost

Because the legislation would affect direct spending, pay-as-you-go procedures apply, but Congressional Budget Office estimates that enacting H.R. 2527 would have no significant net impact on such spending over the 2012-2021 period.

House Democratic Caucus Summary

The House Democratic Caucus does not provide summaries of bills.

So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.

The bill contains the following citations to other parts of U.S. law:

United States Code

The United States Code is the compilation of permanent laws enacted by Congress. Temporary and other non-permanent laws do not appear in the United States Code. (About half of the United States Code is the law itself, called positive law. The other half is merely a compilation of the laws but has no legal significance.)