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This bill matters because it provides a way to generate funds for major international sporting events hosted in the United States without directly using taxpayer money from the federal budget. The money collected from the sale of these commemorative coins helps support the logistical and operational needs of the 2028 Los Angeles and 2034 Salt Lake City Games, which are privately funded. It also allocates resources to develop youth sports programs, potentially fostering future generations of athletes.
If this bill becomes law, it means that a unique collection of coins will be created, offering a tangible way for the public to celebrate and remember the Games while also contributing to their success and legacy. If it doesn't pass, these specific commemorative coins would not be minted, and the dedicated funding stream they would provide to the U.S. Olympic and Paralympic Committee for the Games and youth sports would not exist, requiring the committee to rely solely on other private fundraising methods.
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This bill matters because it provides a way to generate funds for major international sporting events hosted in the United States without directly using taxpayer money from the federal budget. The money collected from the sale of these commemorative coins helps support the logistical and operational needs of the 2028 Los Angeles and 2034 Salt Lake City Games, which are privately funded. It also allocates resources to develop youth sports programs, potentially fostering future generations of athletes.
If this bill becomes law, it means that a unique collection of coins will be created, offering a tangible way for the public to celebrate and remember the Games while also contributing to their success and legacy. If it doesn't pass, these specific commemorative coins would not be minted, and the dedicated funding stream they would provide to the U.S. Olympic and Paralympic Committee for the Games and youth sports would not exist, requiring the committee to rely solely on other private fundraising methods.
An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)
An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)
| AMOUNT | PROGRAM | TYPE | YEARS |
|---|---|---|---|
| Variable, based on coin sales | United States Olympic and Paralympic Properties for 2028 Olympic and Paralympic Games hosting and legacy programs (including youth sports) | mandatory | Not specified; collected from sales during the issuance period |