text: SECTION 1. SHORT TITLE.
  
      This Act may be cited as the ``National Purple Heart Hall of Honor 
  Commemorative Coin Act''.
  
  SEC. 2. FINDINGS.
  
      The Congress finds the following:
              (1) The National Purple Heart Hall of Honor's mission is--
                      (A) to commemorate the extraordinary sacrifice of 
                  America's servicemen and servicewomen who were killed 
                  or wounded in combat; and
                      (B) to collect and preserve the stories of National 
                  Purple Heart recipients from all branches of service 
                  and across generations to ensure that all recipients 
                  are represented.
              (2) The National Purple Heart Hall of Honor first opened 
          its doors on November 10, 2006, in New Windsor, NY.
              (3) The National Purple Heart Hall of Honor is located at 
          the New Windsor Cantonment State Historic Site, where General 
          George Washington's Army camped during the Revolutionary War 
          and where he first awarded the Badge of Military Merit, a piece 
          of purple cloth that became the model for the Purple Heart.
              (4) The National Purple Heart Hall of Honor is the first to 
          recognize the more than 1.7 million U.S. servicemembers wounded 
          or killed in action ranging from the American Revolutionary War 
          to the present day, serving as a living memorial to their 
          sacrifice by sharing their stories through interviews, exhibits 
          and the Roll of Honor, an interactive computer database of each 
          recipient.
  
  SEC. 3. COIN SPECIFICATIONS.
  
      (a) Denominations.--The Secretary of the Treasury (hereafter in 
  this Act referred to as the ``Secretary'') shall mint and issue the 
  following coins:
              (1) $5 gold coins.--Not more than 50,000 $5 coins, which 
          shall--
                      (A) weigh 8.359 grams;
                      (B) have a diameter of 0.850 inches; and
                      (C) contain 90 percent gold and 10 percent alloy.
              (2) $1 silver coins.--Not more than 400,000 $1 coins, which 
          shall--
                      (A) weigh 26.73 grams;
                      (B) have a diameter of 1.500 inches; and
                      (C) contain 90 percent silver and 10 percent 
                  copper.
              (3) Half-dollar clad coins.--Not more than 750,000 half-
          dollar coins which shall--
                      (A) weigh 11.34 grams;
                      (B) have a diameter of 1.205 inches; and
                      (C) be minted to the specifications for half-dollar 
                  coins contained in section 5112(b) of title 31, United 
                  States Code.
      (b) Legal Tender.--The coins minted under this Act shall be legal 
  tender, as provided in section 5103 of title 31, United States Code.
      (c) Numismatic Items.--For purposes of section 5134 of title 31, 
  United States Code, all coins minted under this Act shall be considered 
  to be numismatic items.
  
  SEC. 4. DESIGN OF COINS.
  
      (a) Design Requirements.--
              (1) In general.--The design of the coins minted under this 
          Act shall be emblematic of the National Purple Heart Hall of 
          Honor.
              (2) Designation and inscriptions.--On each coin minted 
          under this Act there shall be--
                      (A) a designation of the value of the coin;
                      (B) an inscription of the year ``2017''; and
                      (C) inscriptions of the words ``Liberty'', ``In God 
                  We Trust'', ``United States of America'', and ``E 
                  Pluribus Unum''.
      (b) Selection.--The design for the coins minted under this Act 
  shall be--
              (1) selected by the Secretary after consultation with the 
          Commission of Fine Arts and the National Purple Heart Hall of 
          Honor, Inc.; and
              (2) reviewed by the Citizens Coinage Advisory Committee.
  
  SEC. 5. ISSUANCE OF COINS.
  
      (a) Quality of Coins.--Coins minted under this Act shall be issued 
  in uncirculated and proof qualities.
      (b) Mint Facility.--Only the West Point Mint may be used to strike 
  any particular quality of the coins minted under this Act.
      (c) Period for Issuance.--The Secretary may issue coins minted 
  under this Act only during the 1-year period beginning on January 1, 
  2017.
  
  SEC. 6. SALE OF COINS.
  
      (a) Sale Price.--The coins issued under this Act shall be sold by 
  the Secretary at a price equal to the sum of--
              (1) the face value of the coins;
              (2) the surcharge provided in section 7(a) with respect to 
          such coins; and
              (3) the cost of designing and issuing the coins (including 
          labor, materials, dies, use of machinery, overhead expenses, 
          marketing, and shipping).
      (b) Bulk Sales.--The Secretary shall make bulk sales of the coins 
  issued under this Act at a reasonable discount.
      (c) Prepaid Orders.--
              (1) In general.--The Secretary shall accept prepaid orders 
          for the coins minted under this Act before the issuance of such 
          coins.
              (2) Discount.--Sale prices with respect to prepaid orders 
          under paragraph (1) shall be at a reasonable discount.
  
  SEC. 7. SURCHARGES.
  
      (a) In General.--All sales of coins issued under this Act shall 
  include a surcharge of--
              (1) $35 per coin for the $5 coin;
              (2) $10 per coin for the $1 coin; and
              (3) $5 per coin for the half-dollar coin.
      (b) Distribution.--Subject to section 5134(f)(1) of title 31, 
  United States Code, all surcharges received by the Secretary from the 
  sale of coins issued under this Act shall be promptly paid by the 
  Secretary to the National Purple Heart Hall of Honor, Inc., to help 
  finance the construction of a new building and renovation of existing 
  National Purple Heart Hall of Honor facilities.
      (c) Audits.--The National Purple Heart Hall of Honor, Inc., shall 
  be subject to the audit requirements of section 5134(f)(2) of title 31, 
  United States Code, with regard to the amounts received under 
  subsection (b).
      (d) Limitation.--Notwithstanding subsection (a), no surcharge may 
  be included with respect to the issuance under this Act of any coin 
  during a calendar year if, as of the time of such issuance, the 
  issuance of such coin would result in the number of commemorative coin 
  programs issued during such year to exceed the annual 2 commemorative 
  coin program issuance limitation under section 5112(m)(1) of title 31, 
  United States Code (as in effect on the date of the enactment of this 
  Act). The Secretary of the Treasury may issue guidance to carry out 
  this subsection.
target: National Purple Heart Hall of Honor Commemorative Coin Act  Directs the Secretary of the Treasury to mint and issue $5 gold coins, $1 silver coins, and half-dollar clad coins emblematic of the National Purple Heart Hall of Honor. Limits the minting of such coins to the one-year period beginning on January 1, 2017. Prescribes surcharges for coin sales, which shall be paid to the National Purple Heart Hall of Honor, Inc., to help finance the construction of a new building and renovation of existing National Purple Heart Hall of Honor facilities.
feat_title: National Purple Heart Hall of Honor Commemorative Coin Act