Page:United States Statutes at Large Volume 114 Part 3.djvu/895

 PUBLIC LAW 106-435—NOV. 6, 2000 114 STAT. 1917 (A) the Commission of Fine Arts; (B) the United States Olympic Committee; and (C) Oljonpic Properties of the United States—Salt Lake 2002, L.L.C., a Delaware limited liability company created and owned by the Salt Lake Organizing Committee for the Ol3anpic Winter Games of 2002 (heresifter in this Act referred to as "Olympic Properties of the United States"); and (2) reviewed by the Citizens Commemorative Coin Advisory Committee. SEC. 5. ISSUANCE OF COINS. (a) QUALITY OF COINS. —Coins minted under this Act shall be issued in uncirculated and proof qualities. (b) COMMENCEMENT OF ISSUANCE.— The Secretary may issue coins minted under this Act beginning January 1, 2002, except that the Secretary may initiate sales of such coins, without issuance, before such date. (c) TERMINATION OF MINTING AUTHORITY. —No coins shall be minted under this Act after December 31, 2002. SEC. 6. SALE OF COINS. (a) SALE PRICE.—Notwithstanding any other provision of law, the coins issued under this Act shall be sold by the Secretary at a price equal to the face value, plus the cost of designing and issuing such coins (including labor, materials, dies, use of machinery, overhead expenses, and marketing). (b) BULK SALES. —The Secretary shall make bulk sales of the coins issued under this Act at a reasonable discount. (c) PREPAID ORDERS AT A DISCOUNT.— The Secretary shall accept prepaid orders for the coins minted under this Act before the issuance of such coins. Sales under this subsection shall be at a reasonable discount. SEC. 7. SURCHARGES. (a) SURCHARGE REQUIRED. —All sales shall include a surcharge of $35 per coin for the $5 coins and $10 per coin for the $1 coins. (b) DISTRIBUTION.— Subject to section 5134(f) of title 31, United States Code, all surcharges which are received by the Secretary from the sale of coins issued under this Act shall be promptly paid by the Secretary as follows: (1) SALT LAKE ORGANIZING COMMITTEE FOR THE OLYMPIC WINTER GAMES OF 2002. —One half to the Salt Lake Organizing Committee for the Olympic Winter Games of 2002 for use in staging and promoting the 2002 Salt Lake Olympic Winter Games. (2) UNITED STATES OLYMPIC COMMITTEE. —One half to the United States Olympic Committee for use by the Committee for the objects and purposes of the Committee as established in the Amateur Sports Act of 1978.

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