Referred to the House Committee on Financial Services.
This bill directs the Treasury to mint commemorative $5 gold, $1 silver, and half-dollar clad coins honoring the Erie Canal bicentennial, with set mintage limits, design requirements, and a one-year issuance period beginning January 1, 2026. Sales will include statutory surcharges ($35, $10, and $5) paid to the Erie Canalway Heritage Fund, Inc. for preservation, tourism, education, and community development, subject to cost-recovery and audit rules and an annual commemorative-program issuance limit.
Agreement on heritage value, disagreement on private nonprofit funding.
Relative to its intended legislative type, this bill is specific and well-structured: it creates a targeted legal authorization to mint commemorative coins, specifies technical coin parameters, sale and surcharge mechanics, integrates with relevant existing law, and includes basic financial safeguards and audit oversight.
This bill directs the Treasury to mint commemorative $5 gold, $1 silver, and half-dollar clad coins honoring the Erie Canal bicentennial, with set mintage limits, design requirements, and a one-year issuance period beginning January 1, 2026.
Sales will include statutory surcharges ($35, $10, and $5) paid to the Erie Canalway Heritage Fund, Inc. for preservation, tourism, education, and community development, subject to cost-recovery and audit rules and an annual commemorative-program issuance limit.
Narrow commemorative coin bills with cost-recovery and nonprofit surcharges historically face few policy objections, though legislative scheduling and annual program limits can block enactment.
Relative to its intended legislative type, this bill is specific and well-structured: it creates a targeted legal authorization to mint commemorative coins, specifies technical coin parameters, sale and surcharge mechanics, integrates with relevant existing law, and includes basic financial safeguards and audit oversight.
Agreement on heritage value, disagreement on private nonprofit funding.
These are examples from the analysis, not a ranked list of the most-affected groups.
Agreement on heritage value, disagreement on private nonprofit funding.
Likely supportive of heritage and community-directed funding for preservation and education, while wanting strong transparency and equitable distribution.
May question privatized receipt of public surcharge funds and environmental or opportunity-cost concerns for public spending priorities.
Generally favorable as a modest, common commemorative program with built-in cost-recovery and oversight.
Wants clear cost accounting, transparent selection processes, and assurance the program won't block other commemorative initiatives.
Moderately supportive for honoring national history and promoting local tourism, but cautious about federal entanglement with private nonprofits and any implicit expansion of federal programs.
Seeks assurance of no net cost and limited precedent for further commemoratives.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Narrow commemorative coin bills with cost-recovery and nonprofit surcharges historically face few policy objections, though legislative scheduling and annual program limits can block enactment.
The bill has not accumulated any surfaced votes yet.
Agreement on heritage value, disagreement on private nonprofit funding.
Narrow commemorative coin bills with cost-recovery and nonprofit surcharges historically face few policy objections, though legislative sch…
Relative to its intended legislative type, this bill is specific and well-structured: it creates a targeted legal authorization to mint commemorative coins, specifies technical coin parameters, sale and surcharge mechan…
Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.