text: SECTION 1. SHORT TITLE.
  
      This Act may be cited as the ``Plymouth 400th Anniversary 
  Commemorative Coin Act of 2017''.
  
  SEC. 2. FINDINGS.
  
      The Congress finds that--
              (1) the arrival of the Pilgrims in Massachusetts in 1620 is 
          an important landmark event in the history of the United 
          States;
              (2) the United States is poised for an anniversary of 
          national and international significance, in 2020 with the 400th 
          anniversary of the Mayflower's voyage, signing of the Mayflower 
          Compact, and the founding of Plymouth Colony;
              (3) the Plymouth 400th anniversary will highlight the 
          cultural contributions and United States traditions that began 
          with the interaction of the indigenous Wampanoag and English 
          peoples, a story that significantly shaped the building of the 
          United States;
              (4) the settlers, now known as the Pilgrims, and their ship 
          the Mayflower, have come to represent national and 
          international symbols of freedom and law;
              (5) the indigenous Wampanoag people, and their interaction 
          with the Pilgrims, created an important legacy through their 
          assistance and association, including participation in the 
          first shared harvest, which serves as an indelible iconic 
          moment in United States history;
              (6) the ``Mayflower Compact'', signed near Provincetown 
          before the Pilgrims explored Provincetown and Cape Cod and 
          subsequently landed in Plymouth, was the colonial cornerstone 
          for self-governance in the New World and had a profound 
          influence on later developments related to the Constitution of 
          the United States and the Bill of Rights;
              (7) the story of the Wampanoag people, the Pilgrims, and 
          the Mayflower are iconic symbols for the world representing 
          freedom, family, law, and justice;
              (8) today, people from across the 50 States and around the 
          world visit Massachusetts to see the sights of the first 
          landing in Provincetown, early exploration of the New World 
          along Cape Cod, and the ultimate landing and settlement in 
          Plymouth (commemorated by Plymouth Rock), as well as to visit 
          the re-created Mayflower and Plimoth Plantation, trace their 
          ancestry, and learn about the indigenous Wampanoag and their 
          integral role in the history of the United States;
              (9) there are more than 20,000,000 descendants worldwide 
          who trace their ancestry back to the Mayflower passengers 
          arriving in 1620 and on subsequent ships in the 1620s;
              (10) there are two federally recognized Indian Tribes in 
          the Commonwealth of Massachusetts--the Wampanoag Tribe of Gay 
          Head (Aquinnah) and the Mashpee Wampanoag Tribe--that have 
          tribal members or citizens who descend from the historical 
          Wampanoag Indian people whose sachem Massasoit signed the 
          Wampanoag Treaty of 1621;
              (11) in 1897, the General Society of Mayflower Descendants 
          was formed with the purpose of creating permanent records of 
          those with lineage to the Mayflower Pilgrims, and to educate 
          the public about the impact the Pilgrims had on Western 
          civilization;
              (12) in 2009, a nonprofit organization, Plymouth 400, Inc., 
          was established to ensure a suitable national observance of the 
          Plymouth 400th anniversary to include the themes of 
          exploration, innovation, immigration, self-governance, 
          religious freedom, and thanksgiving, which are legacies that 
          were sparked by these historic events and that continue today 
          as cornerstones of the United States;
              (13) Plymouth 400, Inc. will lead, support, and facilitate 
          legislative and marketing efforts for a commemorative coin 
          series, United States postage stamps, and related activities 
          for the Plymouth 400th anniversary observances and 
          commemorations in 2020;
              (14) a commemorative coin series will bring national and 
          international attention to the lasting legacy of Plymouth 
          Colony, the indigenous Wampanoag Tribes, and the Pilgrim 
          settlers; and
              (15) the proceeds from a surcharge on the sale of such 
          commemorative coins will assist the financing of a suitable 
          national observance in 2020 and 2021 of the 400th anniversary 
          of the Pilgrim landing and historic events, including the 
          signing of the Mayflower Compact, the first shared harvest, 
          interaction with the indigenous Wampanoag people, and other 
          significant events of the period.
  
  SEC. 3. COIN SPECIFICATIONS.
  
      (a) Denominations.--The Secretary of the Treasury (hereinafter in 
  this Act referred to as the ``Secretary'') shall mint and issue the 
  following coins:
              (1) $5 gold coins.--Not more than 100,000 $5 coins, which 
          shall--
                      (A) weigh 8.359 grams;
                      (B) have diameter of 0.85 inches; and
                      (C) contain 90 percent gold and 10 percent alloy.
              (2) $1 silver coins.--Not more than 500,000 $1 coins, which 
          shall--
                      (A) weigh 26.73 grams;
                      (B) have a diameter of 1.500 inches; and
                      (C) contain not less than 90 percent silver.
              (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 described 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 sections 5134 and 5136 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 landing and settlement of 
          Plymouth Colony, the signing of the Mayflower Compact, and the 
          role of the indigenous Wampanoag Tribes in the realization of 
          the settlement.
              (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 ``2020''; 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 consulting with--
                      (A) Plymouth 400, Inc.;
                      (B) the General Society of Mayflower Descendants;
                      (C) the Mashpee Wampanoag Tribe;
                      (D) the Wampanoag Tribe of Gay Head (Aquinnah);
                      (E) the Pilgrim Society;
                      (F) Plimoth Plantation, Inc.;
                      (G) the Pilgrim Monument and Provincetown Museum;
                      (H) Provincetown 400;
                      (I) the Plymouth Antiquarian Society;
                      (J) the Massachusetts Cultural Council; and
                      (K) the Massachusetts Historical Society; 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 1 facility of the United States 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 a 1-year period beginning January 1, 2020.
  
  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 as follows:
              (1) A surcharge of $35 per coin for the $5 coin.
              (2) A surcharge of $10 per coin for the $1 coin.
              (3) A surcharge of $5 per coin for the half-dollar coin.
      (b) Distribution.--Subject to section 5134(f) of title 31, United 
  States Code, all surcharges received by the Secretary from the sale of 
  coins under this Act shall be promptly paid by the Secretary as 
  follows:
              (1) 30 percent of the surcharges, to the Plymouth 400, 
          Inc.--
                      (A) to support the work of the organization to 
                  develop, implement, and provide oversight for the 
                  commemorations surrounding the events of 2020 through 
                  2021; and
                      (B) at the discretion of Plymouth 400 to distribute 
                  to local historical preservation, tribal, and cultural 
                  organizations to support their important work in 
                  educating the public about the settlement of 1620, 
                  their continued existence for the benefit of future 
                  generations, and other related purposes;
              (2) 30 percent of the surcharges, to the General Society of 
          Mayflower Descendants--
                      (A) to support the continued restoration of the 
                  GSMD facilities in Plymouth;
                      (B) to provide funding for the GSMD research 
                  library in Plymouth;
                      (C) to support academic study to learn and 
                  disseminate new information about the Pilgrims and 
                  early colonial New England;
                      (D) to provide funding for the restoration and 
                  operation of the National Pilgrim Memorial 
                  Meetinghouse; and
                      (E) for educational purposes;
              (3) 20 percent of the surcharges, to the Mashpee Wampanoag 
          Tribe, to continue programs to educate people about the life of 
          the Wampanoag people and Wampanoag culture, language, and 
          history;
              (4) 5 percent of the surcharges, to the Wampanoag Tribe of 
          Gay Head (Aquinnah) to support programs to educate people about 
          the life of the Wampanoag people prior to the Plymouth 
          settlement and the interactions between the settlers and the 
          Wampanoag people;
              (5) 5 percent of the surcharges, to the Pilgrim Society d/
          b/a Pilgrim Hall Museum for the stewardship, conservation, and 
          preservation of the museum's collection of Pilgrim and Plymouth 
          historical materials, including--
                      (A) the historic 1824 museum building;
                      (B) a digitization program to preserve and share 
                  historical resources and build the technological and 
                  generational foundation for continued engagement with 
                  Plymouth history and Pilgrim Hall Museum;
                      (C) the development, design, and construction of a 
                  new museum website to serve as a digital gateway to 
                  museum resources;
                      (D) improvements to permanent exhibition galleries 
                  and content, including greater attention to Wampanoag 
                  history; and
                      (E) support for educational programs and 
                  educational partnerships, including a museum internship 
                  program; and
              (6) 5 percent of the surcharges to Plimoth Plantation Inc., 
          to support the Museum's educational programs and exhibits that 
          teach the general public about the 17th century history of 
          America including the Mayflower, the Pilgrims, the Mayflower 
          Compact, and the Native people of this region;
              (7) 5 percent of the surcharges, to Pilgrims' First Landing 
          Park, Inc. d/b/a Provincetown 400 to support the organization's 
          work in furtherance of events and programs that educate people 
          about the lives of the Wampanoag people and the Pilgrims before 
          and after the arrival of the Mayflower to the New World and 
          that explore the themes of these historic events that are still 
          relevant today, and to maintain historical markers and sites 
          related to the events of 1620 and 1621.
      (c) Audits.--The Comptroller General of the United States shall 
  have the right to examine such books, records, documents, and other 
  data of each of the organizations referred to in subsection (b) as may 
  be related to the expenditures of amounts paid under such subsection.
      (d) Limitations.--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 such time of 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.
      (e) Exemption From Matching Requirement.--Section 5134(f)(1)(A)(ii) 
  of title 31, United States Code, shall not apply to the organizations 
  referred to under paragraphs (3) and (4) of subsection (b) with respect 
  to surcharges paid under this Act.
  
  SEC. 8. FINANCIAL ASSURANCES.
  
      The Secretary shall take such actions as may be necessary to ensure 
  that--
              (1) minting and issuing coins under this Act will not 
          result in any net cost to the United States Government; and
              (2) no funds, including applicable surcharges, are 
          disbursed to any recipient designated in section 7 until the 
          total cost of designing and issuing all of the coins authorized 
          by this Act (including labor, materials, dies, use of 
          machinery, overhead expenses, marketing, and shipping) is 
          recovered by the United States Treasury, consistent with 
          sections 5112(m) and 5134(f) of title 31, United States Code.
target: Plymouth 400th Anniversary Commemorative Coin Act of 2017  This bill directs the Department of the Treasury to issue up to 100,000 $5 gold coins, 500,000 $1 silver coins, and 750,000 half-dollar clad coins emblematic of the landing and settlement of Plymouth Colony, the signing of the Mayflower Compact, and the role of the indigenous Wampanoag tribes in the realization of the settlement.  These coins may be issued only during a one-year period beginning January 1, 2020. Sales of such coins shall include specified surcharges, which shall be paid by Treasury as follows:  30% to Plymouth 400, Inc.;  30% to the General Society of Mayflower Descendants;  20% to the Mashpee Wampanoag Tribe;  5% to the Wampanoag Tribe of Gay Head (Aquinnah);  5% to the Pilgrim Society's Pilgrim Hall Museum;  5% to Plimoth Plantation, Inc.; and  5% to Pilgrims' First Landing Park, Inc. 
feat_title: Plymouth 400th Anniversary Commemorative Coin Act of 2017