Operation Desert Storm Commemorative Coin Act

Summary

Operation Desert Storm Commemorative Coin Act - Requires the Secretary of the Treasury to issue one dollar and ten dollar coins emblematic of the United States military's participation in Operation Desert Storm. Prescribes guidelines for the sale of such coins, including the solicitation by the Secretary of the Treasury and the President of the United Service Organizations of bids for proposals from marketing organizations to implement a coin marketing agreement. Mandates that such agreement not indicate in any manner that any portion of the sales price to the public constitutes a tax deductible contribution. Sets forth a surcharge distribution scheme. Mandates that: (1) all amounts received from the sale of such coins be deposited in the coinage profit fund; and (2) the minting and issuing of such coins not result in any net cost to the Federal Government.

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2 official files

• Introduced in House (text)

  Introduced in House · EN

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• Introduced in House

  summary · EN · 22 March 1991

  Open at official source

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