Page:United States Statutes at Large Volume 94 Part 1.djvu/373

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PUBLIC LAW 96-228—APR. 3, 1980 Public Law 96-228 96th Congress

94 STAT. 323

An Act

To authorize the striking of Bicentennial medals.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled. That in commemoration of the adoption of the Constitution of the United States of America and of those individuals who participated in the American Revolution, the Secretary of the Treasury shall strike and furnish to the United States Capitol Historical Society (hereinafter referred to as the "Society") not more than fifty thousand medals each year with suitable designs, emblems, and inscriptions to be determined by the Society, with the concurrence of the Commission of Fine Arts, subject to the approval of the Secretary of the Treasury. Subject to the availability of the production facilities of the Bureau of the Mint, the medals shall be struck and delivered at such time as may be required by the Society in quantities not less than two thousand medals of each alloy authorized in this Act, but no medals shall be struck after December 31, 1989. The medals shall be considered to be national medals within the meaning of section 3551 of the Revised Statutes (31 U.S.C. 368). SEC. 2. The medals shall be furnished by the Secretary of the Treasury to the Society at a price equal to the cost of manufacture, including labor, materials, dies, use of machinery, and overhead expenses, plus a surcharge equal to 50 per centum of such cost of manufacture. Such surcharge shall be deposited in the Treasury as miscellaneous receipts. Security satisfactory to the Director of the Mint shall be furnished by the Society to indemnify the United States for full payment of the costs of manufacture. SEC. 3. The medals authorized to be issued pursuant to this Act shall be struck in bronze, silver, and gold and shall be of such size or sizes as is determined by the Secretary of the Treasury in consultation with the Society. SEC. 4. No agreement or contract shall be entered into, directly or indirectly, by the Society and any person for the marketing of the medals authorized by this Act. All gross proceeds arising from the sale of the medals authorized by this Act shall accrue, in their entirety, to the Society.

Apr. 3, 1980 [S. 1515] Bicentennial medals.

Size.

Proceeds.

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