Marine Corps Coin Act (H.R. 1096)

Summary

Creates special coins to celebrate the 250th birthday of the U.S. Marine Corps, with extra money from sales helping the Marine Corps Heritage Center.

What problem does this solve?

The U.S. Marine Corps' 250th anniversary in 2025 is a major event worth celebrating, but its heritage center needs funding for programs. This law creates special collector coins to honor the anniversary, and the extra money from sales goes directly to the Marine Corps Heritage Foundation to support the center.

What does this law do?

Authorizes commemorative coins

Directs the Secretary of the Treasury to create and sell coins to celebrate the 250th anniversary of the U.S. Marine Corps.

Specifies three types of coins

Approves the minting of up to 50,000 $5 gold coins, 400,000 $1 silver coins, and 750,000 half-dollar clad coins.

Funds the Marine Corps Heritage Foundation

Sends all extra money (surcharges) from coin sales to the Marine Corps Heritage Foundation to support the Marine Corps Heritage Center.

Sets a limited sales period

Allows the coins to be sold for only one year, starting on January 1, 2025.

Prevents cost to taxpayers

Requires that the program does not cost the government any money. All costs for making and selling the coins must be covered before any funds are given to the foundation.

Defines coin surcharges

Adds a fee to the price of each coin: $35 for the gold coin, $10 for the silver coin, and $5 for the half-dollar coin. This fee is the money that goes to the foundation.

Who does this affect?

U.S. Marine Corps members and veterans
Coin collectors
Marine Corps Heritage Foundation

What is the real world impact?

•

Honors the Marine Corps' legacy

Provides a way for the nation to celebrate the 250-year history and contributions of the U.S. Marine Corps through a lasting, collectible item.

•

Funds a non-profit without taxpayer money

Raises money for the Marine Corps Heritage Foundation's educational programs by adding a surcharge to the coin's price, ensuring the program has no net cost to the government.

When does this start?

The commemorative coins will be available for purchase for one year, starting on January 1, 2025.