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LA28 Olympic Commemorative Coins: Funding Youth Sports and Games

This law authorizes the Treasury to mint and sell special commemorative coins for the 2028 Olympic and Paralympic Games in Los Angeles. Citizens purchasing these collectible coins will pay a mandatory surcharge (up to $50 per coin) which directly funds the LA28 Games, legacy programs, and the promotion of youth sports across the United States. The program is designed to operate at no net cost to the Federal Government.
Key points
New gold, silver, and clad commemorative coins will be issued starting January 1, 2028, serving as legal tender but primarily aimed at collectors.
A mandatory surcharge is added to the sale price of each coin, with proceeds dedicated to supporting the LA28 Games organization and youth sports initiatives.
The Treasury can increase the number of minted coins if public demand exceeds initial limits.
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Expired
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Additional Information
Print number: 118_S_2311
Sponsor: Sen. Padilla, Alex [D-CA]
Process start date: 2023-07-13
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

LA28 Olympic and Paralympic Games Commemorative Coin Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_2311.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2023-07-13.

What are the main provisions?

Key points include:

  • New gold, silver, and clad commemorative coins will be issued starting January 1, 2028, serving as legal tender but primarily aimed at collectors.
  • A mandatory surcharge is added to the sale price of each coin, with proceeds dedicated to supporting the LA28 Games organization and youth sports initiatives.
  • The Treasury can increase the number of minted coins if public demand exceeds initial limits.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Padilla, Alex [D-CA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

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