Olympic Commemorative Coin Act

Summary

Olympic Coin Act of 1981 - Declares the purposes of this Act to be: (1) to provide for the minting of coins to commemorate the 1984 Los Angeles Olympic Games; and (2) to help finance those games without the use of tax revenues. Directs the Secretary of the Treasury to mint: (1) not more than 30,000,000 copper-nickel clad coins with a face value of one dollar; (2) not more than 22,400,000 silver coins with a face value of ten dollars; (3) not more than 2,400,000 gold coins with a face value of fifty dollars; and (4) not more than 1,600,000 gold coins with a face value of one hundred dollars. Specifies the size and weight of such coins. Specifies that the designs of such coins shall be determined by the Secretary in consultation with the Los Angeles Olympic Organizing Committee. Sets certain minting specifications for such coins. Authorizes the Secretary to enter into an agreement with the Los Angeles Olympic Organizing Committee which shall provide for the implementation of the purposes of this Act. Directs the Secretary to furnish such coins to the Los Angeles Olympic Organizing Committee at a price agreed to pursuant to such implementation agreement. Provides that all coins minted shall be delivered to the Los Angeles Olympic Organizing Committee for distribution and sale to the public in accordance with the terms of the implementation agreement. Sets the delivery date for each series of coins. Provides that all proceeds received by the Los Angeles Olympic Organizing Committee from the commercial sale of such coins shall be used for the purpose of staging and promoting the 1984 Los Angeles Olympic Games and assisting the U.S. Olympic Committee and amateur athletics. Provides that all coins authorized by this Act shall be legal tender. Directs that no coins shall be minted pursuant to this Act after December 31, 1984.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 20 May 1981

   Introduced

   Read second time and referred to Senate Committee on Banking.

   Source: IntroReferral

2. 20 May 1981

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 6 July 1981

   Committee

   Committee on Banking requested executive comment from Bureau of the Mint.

   Source: Committee

4. 14 July 1981

   Committee

   Committee on Banking. Hearings held.

   Source: Committee

5. 15 October 1981

   Reported

   Committee on Banking. Ordered to be reported with an amendment in the nature of a substitute favorably.

   Source: Committee

6. 30 October 1981

   Calendars

   Placed on Senate Legislative Calendar under Regular Orders. Calendar No. 364.

   Source: Calendars

7. 30 October 1981

   Reported

   Committee on Banking. Reported to Senate by Senator Garn favorably with an amendment in the nature of a substitute. With written report No. 97-264.

   Source: Committee

8. 30 October 1981

   Reported

   Committee on Banking. Reported to Senate by Senator Garn favorably with an amendment in the nature of a substitute. With written report No. 97-264.

   Source: Committee

9. 9 December 1981

   Floor

   Considered by Senate.

   Source: Floor

10. 9 December 1981

    Passed

    Passed/agreed to in Senate: Passed Senate with amendments by Voice Vote.

    Source: Floor

11. 2 March 1982

    Introduced

    Referred to House Committee on Banking, Finance and Urban Affairs.

    Source: IntroReferral

12. 13 May 1982

    Reported

    Ordered to be Reported (Amended).

    Source: Committee

13. 13 May 1982

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

14. 17 May 1982

    Calendars

    Placed on Union Calendar No: 345.

    Source: Calendars

15. 17 May 1982

    Reported

    Reported to House (Amended) by House Committee on Banking, Finance and Urban Affairs. Report No: 97-554.

    Source: Committee

16. 17 May 1982

    Reported

    Reported to House (Amended) by House Committee on Banking, Finance and Urban Affairs. Report No: 97-554.

    Source: Committee

17. 18 May 1982

    Reported

    Rules Committee Resolution H.Res.470 Reported to House.

    Source: Floor

18. 18 May 1982

    Floor

    Rule Granted Providing an Open Rule with 2 Hours of Debate. Partial Waiver of Points of Order.

    Source: Floor

19. 20 May 1982

    Floor

    Called up by House by Rule.

    Source: Floor

20. 20 May 1982

    Passed

    Rule Passed House.

    Source: Floor

21. 20 May 1982

    Passed

    Passed House (Amended) by Voice Vote.

    Source: Floor

22. 20 May 1982

    Passed

    Passed/agreed to in House: Passed House (Amended) by Voice Vote.

    Source: Floor

23. 24 May 1982

    Referred

    Message on House action received in the Senate. House amendment referred to the Committee on Banking, Housing and Urban Affairs, pursuant to the order of May 21, 1982.

    Source: Floor

24. 1 July 1982

    Passed

    Senate agreed to the House amendment. By Voice Vote.

    Source: ResolvingDifferences

25. 1 July 1982

    Passed

    Resolving differences -- Senate actions: Senate agreed to the House amendment. By Voice Vote.

    Source: NotUsed

26. 1 July 1982

    Floor

    Committee on Banking discharged by unanimous consent.

    Source: Floor

27. 12 July 1982

    Floor

    Measure Signed in Senate.

    Source: Floor

28. 13 July 1982

    Floor

    Presented to President.

    Source: Floor

29. 13 July 1982

    President

    Presented to President.

    Source: President

30. 22 July 1982

    Became law

    Became Public Law No: 97-220.

    Source: President

31. 22 July 1982

    Became law

    Signed by President.

    Source: BecameLaw

32. 22 July 1982

    President

    Signed by President.

    Source: President

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

6 official files

• Public Law (PDF)

  Public Law · EN · 23 July 1982

  ViewDownloadOpen at official source

• Passed House amended

  summary · EN · 20 May 1982

  Open at official source

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  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Reported to House with amendment(s)

  summary · EN · 17 May 1982

  Open at official source

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  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Passed Senate amended

  summary · EN · 9 December 1981

  Open at official source

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  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Reported to Senate with amendment(s)

  summary · EN · 30 October 1981

  Open at official source

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  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Introduced in Senate

  summary · EN · 20 May 1981

  Open at official source

  Leesvertaling

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  Vertaal document

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Sponsors

• Sen. Cranston, Alan [D-CA] · D · Sponsor
• Sen. Garn, E. J. (Jake) [R-UT] · R · Sponsor
• Sen. Hayakawa, Samuel Ichiye [R-CA] · R · Sponsor
• Sen. Riegle, Donald W., Jr. [D-MI] · D · Sponsor
• Sen. Heinz, John [R-PA] · R · Sponsor
• Sen. Stevens, Ted [R-AK] · R · Sponsor
• Sen. Laxalt, Paul D. [R-NV] · R · Sponsor
• Sen. Tower, John G. [R-TX] · R · Sponsor
• Sen. Schmitt, Harrison H. [R-NM] · R · Cosponsor
• Sen. Levin, Carl [D-MI] · D · Cosponsor
• Sen. Proxmire, William [D-WI] · D · Cosponsor
• Sen. Leahy, Patrick J. [D-VT] · D · Cosponsor
• Sen. Chafee, John H. [R-RI] · R · Cosponsor
• Sen. Hart, Gary W. [D-CO] · D · Cosponsor
• Sen. Lugar, Richard G. [R-IN] · R · Cosponsor
• Sen. Jackson, Henry M. [D-WA] · D · Cosponsor
• Sen. Durenberger, Dave [R-MN] · R · Cosponsor
• Sen. Simpson, Alan K. [R-WY] · R · Cosponsor
• Sen. Kassebaum, Nancy Landon [R-KS] · R · Cosponsor
• Sen. Inouye, Daniel K. [D-HI] · D · Cosponsor
• Sen. Hollings, Ernest F. [D-SC] · D · Cosponsor
• Sen. Cannon, Howard W. [D-NV] · D · Cosponsor
• · hsba00 · Standing
• · ssbk00 · Standing

Related records

• related to → A resolution providing for the consideration of the bill (S. 1230) to provide for the minting of commemorative coins to support the 1984 Los Angeles Olympic Games.
• related to → Olympic Coin Act of 1981
• amends ← An amendment to strike language in the bill that prohibited deducting part of the purchase price from taxes as a charitable contribution.
• amends ← An amendment to add that funds that have been paid in advance into the trust funds may be used to reimburse without delay the appropriation against which charges properly chargeable to the trust fund have been made.
• amends ← An amendment to the Annunzio substitute amendment to require that the Secretary obtain silver for coins minted under the Act from stocks of a silver held by the Secretary of the Treasury or from any other federally owned stocks of silver.
• amends ← An amendment in the nature of a substitute. The amendment substitutes a new text for the bill that authorizes the Treasury to mint the Olympic Coins and sell them instead of having a private concern sell them.
• amends ← An amendment to add that the Secretary shall obtain silver for the coins from stocks of silver held by the Secretary of the Treasury of from any other federally owned stocks of silver.
• amends ← An amendment to stipulate that nothing in the bill is to mean that contractors under the bill will not have to comply with small, minority, or female owned businesses regulations or with equal employment requirements.
• amends ← To amend the American Arts Gold Medallion Act.
• amends ← In the nature of a substitute.

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