S. 3290 would provide for a program for circulating quarter dollar coins that are emblematic of a national park or other national site in each State, the District of Columbia, and certain territories and insular areas of the United States.
Detailed Summary
America's Beautiful National Parks Quarter Dollar Coin Act of 2008 - Requires quarter dollars, issued beginning in 2010, to have designs on the reverse emblematic of one national site in each state, the District of Columbia, and specified U.S. teritories.
Instructs the Secretary of the Treasury to select in each state a national park or other national site to be honored with a coin. Requires, since Yellowstone National Park was established on March 1, 1872, as the nation's first national park, to be depicted on the first quarter dollar issued and to be designated to the state of Wyoming. Requires: (1) five coin designs in each of the first ten years of either the original period of issuance or the second period of issuance; and (2) six coin designs in the eleventh year of either the original period of issuance or the second period of issuance.
Instructs the Secretary to strike and make available for sale silver bullion coins that are exact duplicates of such quarter dollars.
Authorizes the Director of the National Park Service to purchase for resale or distribution numismatic items issued under this Act.
Requires the Secretary to take such actions to ensure that minting and issuing coins under this Act will result in any net cost to the federal government.
Status of the Legislation
Latest Major Action: 7/21/2008: Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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