Page:United States Statutes at Large Volume 107 Part 3.djvu/315

This page needs to be proofread.

PUBLIC LAW 103-186—DEC. 14, 1993 107 STAT. 2253 of Representatives, the President pro tempore of the Senate, and the Commission of Fine Acta. SEC. 405. ISSUANCE OF CODfS. (a) ONE-DOLLAR COINS. —The one-dollar coins minted under this title may be issued in uncirculated and proof qualities, except that not more than 1 facility of the United States Mint may be used to strike any particular quality. (b) COMMENCEMENT OF ISSUANCE. — The Secretary may issue the coins minted under this title beginning May 1, 1994. (c) TERMINATION OF AUTHORITY.— Coins may not be minted under this title after April 30, 1995. (d) CONTRACTS.— Any contract to be made by the Secretary involving the promotion, advertising, or marketing of any coins authorized under this title shall be valid only upon approval by the United States Capitol Preservation Commission. SEC. 406. SALE OF COINS. (a) IN GENERAL.— Notwithstanding any other provision of law, the Secretary shall sell the coins minted under this title at a price equal to the face value, plus the cost of designing and issuing the coins (including labor, materials, dies, use of machinery, and overhead expenses). (b) BULK SALES. —The Secretary shall make any bulk sales of the coins minted under this title at a reasonable discount. (c) PREPAID ORDERS. —The Secretary shall accept prepaid orders for the coins minted under this title prior to the issuance of such coins. Sale prices with respect to such prepaid orders shall be at a reasonable discount. (d) SURCHARGES.—A ll sales of coins minted under this title shall include a surcharge of $15 per coin. SEC. 407. FINANCIAL ASStHANCES. (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 title will not result in any net cost to the United States Government. (b) PAYMENT FOR COINS. —^A coin shall not be issued under this title unless the Secretary has received— (1) full payment for the coin; (2) security satisfactory to the Secretary to indemnify the United States for full payment; or (3) a guarantee of full payment satisfactory to the Secretary from a depository institution whose deposits are insured by the Federal Deposit Insurance Corporation or the National Credit Union Administration Board. SEC. 408. USE OF SURCHARGES. (a) USE OF SURCHARGES. —All surcharges that are received by the Secretary from the sale of coins minted under this title shall be deposited in the Capitol Preservation Fund and be available to the United States Capitol Preservation Commission. (b) TECHNICAL AMENDMENT. —Section 8(b)(l) of Public Law 100- 673 is amended to read as follows: 31 USC 5112 "(2) LIMITATIONS ON REIMBURSEMENTS.— NO amount "°*® received by the Commission from the Capitol Preservation Fund from the sale of coins minted under this Act may be used to pay representational expenses of the Commission.".