Page:United States Statutes at Large Volume 119.djvu/2685

This page needs to be proofread.

[119 STAT. 2667]
PUBLIC LAW 109-000—MMMM. DD, 2005
[119 STAT. 2667]

PUBLIC LAW 109–145—DEC. 22, 2005

119 STAT. 2667

‘‘(B) TREATMENT OF PERIOD OF SERVICE.— ‘‘(i) IN GENERAL.—Subject to clause (ii), only 1 coin design shall be issued for a period of service for any President, no matter how many consecutive terms of office the President served. ‘‘(ii) NONCONSECUTIVE TERMS.—If a President has served during 2 or more nonconsecutive periods of service, a coin shall be issued under this subsection for each such nonconsecutive period of service. ‘‘(4) ISSUANCE OF COINS COMMEMORATING 4 PRESIDENTS DURING EACH YEAR OF THE PERIOD.— ‘‘(A) IN GENERAL.—The designs for the $1 coins issued during each year of the period referred to in paragraph (1) shall be emblematic of 4 Presidents until each President has been so honored, subject to paragraph (2)(E). ‘‘(B) NUMBER OF 4 CIRCULATING COIN DESIGNS IN EACH YEAR.—The Secretary shall prescribe, on the basis of such factors as the Secretary determines to be appropriate, the number of $1 coins that shall be issued with each of the designs selected for each year of the period referred to in paragraph (1). ‘‘(5) LEGAL TENDER.—The coins minted under this title shall be legal tender, as provided in section 5103. ‘‘(6) TREATMENT AS NUMISMATIC ITEMS.—For purposes of section 5134 and 5136, all coins minted under this subsection shall be considered to be numismatic items. ‘‘(7) ISSUANCE OF NUMISMATIC COINS.—The Secretary may mint and issue such number of $1 coins of each design selected under this subsection in uncirculated and proof qualities as the Secretary determines to be appropriate. ‘‘(8) TERMINATION OF PROGRAM.—The issuance of coins under this subsection shall terminate when each President has been so honored, subject to paragraph (2)(E), and may not be resumed except by an Act of Congress. ‘‘(9) REVERSION TO PRECEDING DESIGN.—Upon the termination of the issuance of coins under this subsection, the design of all $1 coins shall revert to the so-called ‘Sacagawea-design’ $1 coins.’’. SEC. 103. FIRST SPOUSE BULLION COIN PROGRAM.

Section 5112 of title 31, United States Code, as amended by section 102, is amended by adding at the end the following: ‘‘(o) FIRST SPOUSE BULLION COIN PROGRAM.— ‘‘(1) IN GENERAL.—During the same period described in subsection (n), the Secretary shall issue bullion coins under this subsection that are emblematic of the spouse of each such President. ‘‘(2) SPECIFICATIONS.—The coins issued under this subsection shall— ‘‘(A) have the same diameter as the $1 coins described in subsection (n); ‘‘(B) weigh 0.5 ounce; and ‘‘(C) contain 99.99 percent pure gold. ‘‘(3) DESIGN REQUIREMENTS.— ‘‘(A) COIN OBVERSE.—The design on the obverse of each coin issued under this subsection shall contain—

VerDate 14-DEC-2004

07:21 Oct 30, 2006

Jkt 039194

PO 00003

Frm 00135

Fmt 6580

Sfmt 6581

E:\PUBLAW\PUBL003.119

APPS06

PsN: PUBL003