Bill Summary
This bill, titled the "President Donald J. Trump Congressional Gold Medal Act," proposes to award President Trump with a Congressional Gold Medal in recognition of his leadership and efforts to strengthen America's diplomatic relations during his time as President. The bill outlines specific findings, including President Trump's election, his historic meeting with North Korea's leader, and his establishment of diplomatic relations between Israel and its neighboring countries through the Abraham Accords. The bill authorizes the Speaker of the House and the President pro tempore of the Senate to present the gold medal to President Trump, and also allows for the production and sale of duplicate bronze medals. The bill designates the medals as national medals and considers them to be numismatic items. The cost for the medals will be covered by the United States Mint Public Enterprise Fund, and proceeds from the sale of duplicate medals will be deposited into this fund.
Possible Impacts
1. The legislation could affect people who support President Trump by recognizing and honoring his achievements in office, which may bring a sense of pride and validation to his supporters.
2. Conversely, the legislation could also affect people who do not support President Trump by causing frustration or anger, as it may be seen as a controversial move to award him with a gold medal.
3. The legislation could also affect taxpayers, as it authorizes the use of funds from the United States Mint Public Enterprise Fund to cover the costs of the medal and its duplicates, potentially leading to a decrease in available funds for other purposes.
[Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 8386 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 8386 To award a Congressional Gold Medal to President Donald J. Trump in recognition of his exceptional leadership and dedication to strengthening America's diplomatic relations during his presidency. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 14, 2024 Mrs. Luna (for herself, Mr. Ogles, Mr. Weber of Texas, Mr. Reschenthaler, Mr. Waltz, Ms. Boebert, Mr. Good of Virginia, Mrs. Miller of Illinois, and Ms. Tenney) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To award a Congressional Gold Medal to President Donald J. Trump in recognition of his exceptional leadership and dedication to strengthening America's diplomatic relations during his presidency. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``President Donald J. Trump Congressional Gold Medal Act''. SEC. 2. FINDINGS. Congress find the following: (1) On November 8, 2016, Donald J. Trump was elected the 45th President of the United States. (2) President Trump's time in office ushered in profound changes to United States diplomatic relations with countries around the world. (3) On June 30, 2019, President Trump made history by becoming the first sitting United States President to cross into North Korea for a meeting with Kim Jong Un in the Demilitarized Zone (DMZ) between North and South Korea. (4) During this visit, President Trump facilitated an unprecedented brief meeting between Kim Jong Un and South Korea's President Moon Jae-in. During his conversations, President Trump worked to resume stalled nuclear talks and expressed hope for peace between North and South Korea. (5) On September 15, 2020, President Trump established historic diplomatic relations between Israel and its neighbors in the Middle East through the Abraham Accords. (6) The Abraham Accords were a series of agreements to normalize relations between Israel and its regional neighbors. The Abraham Accords consisted of a general declaration that recognized the importance of maintaining and strengthening peace in the Middle East. (7) The general declaration was signed alongside bilateral agreements between Israel and the United Arab Emirates, Bahrain, and Morocco to normalize relations between the countries. (8) President Trump commemorated the Abraham Accords by welcoming Israeli Prime Minister Benjamin Netanyahu, Minister of Foreign Affairs of Bahrain Dr. Abdullatif bin Rashid Al- Zayani, and Minister of Foreign Affairs for the United Arab Emirates Abdullah bin Zayed Al Nahyanisigns to the White House for the Abraham Accords Signing Ceremony. (9) The greatest of President Trump's foreign policy achievements was that no wars were started while he was in office. SEC. 3. CONGRESSIONAL GOLD MEDALS. (a) Presentation Authorization.--The Speaker of the House of Representatives and the President pro tempore of the Senate shall make appropriate arrangements for the presentation, on behalf of the Congress, of a gold medal of appropriate design, to President Donald J. Trump, in recognition of his exceptional leadership and dedication to strengthening America's diplomatic relations during his presidency. (b) Design and Striking.--For the purposes of the presentation referred to in subsection (a), the Secretary of Treasury (referred to in this Act as the ``Secretary'') shall strike the gold medals with suitable emblems, devices, and inscriptions, to be determined by the Secretary. SEC. 4. DUPLICATE MEDALS. The Secretary may strike and sell duplicates in bronze of the gold medal struck pursuant to section 3 under such regulations as the Secretary may prescribe, at a price sufficient to cover the cost thereof, including labor, materials, dies, use of machinery, and overhead expenses. SEC. 5. STATUS OF MEDALS. (a) National Medals.--The medals struck pursuant to this Act are national medals for purposes of chapter 51 of title 31, United States Code. (b) Numismatic Items.--For purposes of sections 5134 and 5136 of title 31, United States Code, all medals struck under this Act shall be considered to be numismatic items. SEC. 6. AUTHORITY TO USE FUND AMOUNTS; PROCEEDS OF SALE. (a) Authority To Use Fund Amounts.--There is authorized to be charged against the United States Mint Public Enterprise Fund such amounts as may be necessary to pay for the costs of the medals struck pursuant to this Act. (b) Proceeds of Sale.--The amounts received from the sale of duplicate bronze medals authorized under section 4 shall be deposited into the United States Mint Public Enterprise Fund. <all>