$2.50 for America’s 250th Act
A BILL
To amend title 31, United States Code, to require the Secretary of the Treasury to mint and issue $2.50 numismatic coins and $2.50 circulating coins, and for other purposes.
Sec. 2 Findings
Sec. 3 Circulating $2.50 coins
“(bb) Circulating $2.50 coin
“(1) In general—The Secretary shall mint and issue a $2.50 circulating coin upon determining that minting such coin is technically feasible, economically feasible, and not cost prohibitive.
“(2) Requirements—Each coin minted and issued under this subsection shall—
“(A) have features that make the denomination of the coin readily discernible from other coins; and
“(B) be made of an alloy prescribed by the Secretary.
“(3) Design
“(A) Obverse—The obverse of each coin minted and issued under this subsection shall, during the 5-year period beginning on the date the Secretary issues any coin under this subsection, bear the image of allegorical liberty wielding the Declaration of Independence featured on the gold $2.50 Sesquicentennial Coin issued in 1926.
“(B) Reverse—The reverse of each coin minted and issued under this subsection shall, during the 5-year period beginning on the date the Secretary issues any coin under this subsection, bear the image Independence Hall featured on the gold $2.50 Sesquicentennial Coin issued in 1926.
“(C) Additional inscriptions—During the 5-year period beginning on the date the Secretary issues any coin under this subsection, each coin minted and issued under this subsection shall bear the inscriptions “Semiquincentennial of the United States” and “1776–2026”.
“(D) Subsequent designs—Beginning on the date that is 5 years after the Secretary issues a coin under this subsection, and every 5 years thereafter, the Secretary may select a new design that celebrates the founding of the United States for the $2.50 coin.”
Sec. 4 Numismatic $2.50 coins
“(cc) Numismatic $2.50 coin
“(1) In general—The Secretary may mint and issue $2.50 numismatic coins in silver, clad, and such other alloys, including gold, as the Secretary determines in accordance with such program procedures and coin specifications, varieties, quantities, and inscriptions as the Secretary, in the Secretary’s discretion, may prescribe from time to time.
“(2) Design
“(A) Obverse—The obverse design of any coin minted and issued under this subsection shall, during the 2-year period beginning on the date the Secretary issues any coin under this subsection, bear the image of allegorical liberty wielding the Declaration of Independence featured on the gold $2.50 Sesquicentennial Coin issued in 1926.
“(B) Reverse—The reverse design of any coin minted and issued under this subsection shall, during the 2-year period beginning on the date the Secretary issues any coin under this subsection, bear the image of Independence Hall featured on the gold $2.50 Sesquicentennial Coin issued in 1926.
“(C) Additional inscriptions—During the 2-year period beginning on the date the Secretary issues any coin under this subsection, each coin minted and issued under this subsection shall bear the inscriptions “Semiquincentennial of the United States” and “1776–2026”.
“(D) Subsequent designs—Beginning on the date that is 2 years after the date on which the Secretary issues any coin under this subsection, and every 2 years thereafter, the Secretary may select a new design that celebrates the founding of the United States for the $2.50 coin.”