Page:United States Statutes at Large Volume 114 Part 2.djvu/613

 PUBLIC LAW 106-375—OCT. 27, 2000 114 STAT. 1437 SEC. 6. ISSUANCE OF COINS. (a) QUALITY OF COINS.— Coins minted under this Act shall be issued in uncirculated and proof qualities. (b) MINT FACILITY.— (1) IN GENERAL.— Only one facility of the United States Mint may be used to strike any particular quality of the coins minted under this Act. (2) SENSE OF THE CONGRESS.— It is the sense of the Congress that the United States Mint facility in Denver, Colorado should strike the coins authorized by this Act, unless the Secretary determines that such action would be technically or cost-prohibitive. (c) COMMENCEMENT OF ISSUANCE.— The Secretary may issue coins minted under this Act beginning on January 1, 2001. (d) TERMINATION OF MINTING. —No coins may be minted under this Act after December 31, 2001. SEC. 7. SALE OF COINS. (a) SALE PRICE. —The coins issued under this Act shall be sold by the Secretary at a price equal to the sum of— (1) the face value of the coins; (2) the surcharge required by subsection (d) with respect to such coins; and (3) the cost of designing and issuing the coins (including labor, materials, dies, use of machinery, overhead expenses, marketing, and shipping). (b) BULK SALES. —The Secretary shall make bulk sales of the coins issued under this Act at a reasonable discount. (c) PREPAID ORDERS. — (1) IN GENERAL.— The Secretary shall accept prepaid orders for the coins minted under this Act before the issuance of such coins. (2) DISCOUNT. — Sale prices with respect to prepaid orders xinder paragraph (1) shall oe at a reasonable discount. (d) SURCHARGES. —All sales of coins minted under this Act shall include a surcharge of $10 per coin. SEC. 8. DISTRIBUTION OF SURCHARGES. (a) IN GENERAL.—Subject to section 5134(f) of title 31, United States Code, the proceeds from the surcharges received by the Secretary from the sale of coins issued under this Act shall be paid promptly by the Secretary to the National Museum of the American Indian of the Smithsonian Institution for the purposes of— (1) commemorating the opening of the National Museum of the American Indian; and (2) supplementing the endowment and educational outreach funds of the Museum of the American Indian, (b) AUDITS.— The National Museum of the American Indiein shall be subject to the audit requirements of section 5134(f)(2) of title 31, United States Code, with regard to the amounts received by the museum under subsection (a). SEC. 9. FINANCIAL ASSURANCES. (a) No NET COST TO THE GOVERNMENT.—The Secretary shall take such actions as may be necessary to ensure that minting and issuing coins under this Act will not result in any net cost to the United States Government.

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