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Commemorative Coins for Fleet Reserve Association's 100th Anniversary

This act mandates the minting of commemorative coins to celebrate the 100th anniversary of the Fleet Reserve Association (FRA). These coins will be available for purchase by citizens, with a portion of the proceeds supporting veterans and their families, active-duty service members, and patriotic values. It does not directly impact citizens' daily finances but offers an opportunity to acquire collectible coins and support military organizations.
Key points
Commemorative Coin Production: New coins in $5 (gold), $1 (silver), and half-dollar (clad) denominations will be minted and available for purchase for one year starting January 1, 2024.
Support for Veterans and Families: Surcharges from coin sales will go to the Fleet Reserve Association to fund healthcare and benefits for veterans, support for active-duty personnel, and promotion of patriotic values and strong families.
No Cost to Government: The act ensures that minting and issuing these coins will not incur any net cost to the U.S. Government, with all expenses covered by coin sales.
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Additional Information
Print number: 117_HR_6663
Sponsor: Rep. Bilirakis, Gus M. [R-FL-12]
Process start date: 2022-02-09