America's Olympic and Paralympic Games Commemorative Coins Act

Last action · July 14, 2025: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S4337-4338)Sponsors: Alex Padilla and 71 others

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Introduced

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What This Bill Would Do

This bill directs the U.S. Treasury to mint and sell special commemorative coins to celebrate the 2028 Olympic and Paralympic Games in Los Angeles and the 2034 Winter Games in Salt Lake City. Proceeds from s on these coins will be distributed to the United States Olympic and Paralympic Properties to support the Games and youth sports programs.

Why it matters

This legislation authorizes the creation of limited-edition legal tender coins, with s on each sale providing direct funding to the organizations managing the 2028 and 2034 Olympic Games.

Who It Would Affect

Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.

Directly affected

United States Olympic and Paralympic Properties

The organization will receive surcharge revenue from coin sales to fund Games-related activities and youth sports.

Directly affected

U.S. Department of the Treasury

The agency is tasked with the design, production, and sale of the commemorative coins.

Key Facts

The Treasury is authorized to mint $5 gold coins (max 100,000), $1 silver coins (max 500,000), half-dollar clad coins (max 300,000), and 5-ounce proof silver $1 coins (max 100,000).
Surcharges per coin are set at $35 for gold, $10 for standard silver, $5 for half-dollars, and $50 for proof silver.
All surcharge revenue will be paid to the United States Olympic and Paralympic Properties to support the 2028 Games and youth sports legacy programs.
Coins will be issued only during the one-year period beginning January 1, 2028.

Show all 10 facts

The Secretary of the Treasury may increase mintage levels if market research indicates public demand exceeds initial limits.
Coins will be sold at a price covering face value, surcharges, and production/marketing costs.
The Secretary must consult with the United States Olympic and Paralympic Properties and the Commission of Fine Arts on coin designs.
The Citizens Coinage Advisory Committee will review all proposed coin designs.
The United States Olympic and Paralympic Properties must undergo federal audits regarding the use of surcharge funds.
The Secretary is authorized to offer discounts for bulk sales and prepaid orders.

Frequently Asked Questions

Will these coins be legal tender?

Yes, the coins minted under this act are considered legal tender.

Where does the extra money from the coin sales go?

The s collected from the sales are paid to the United States Olympic and Paralympic Properties to fund the 2028 Games and youth sports programs.

Can I buy these coins now?

No, the bill specifies that the coins will only be issued during the one-year period starting January 1, 2028.

What else do you want to know?

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Where This Stands

Currently in committee. The next step in the legislative lifecycle is Floor Vote.

Procedural history

2 actions

Jul 14, 2025SenateCommittee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S4337-4338)
Jul 14, 2025SenateIntroduced
Introduced in Senate

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

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