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S 2265119th CongressIn Committee

America's Olympic and Paralympic Games Commemorative Coins Act

Introduced: Jul 14, 2025
Sponsor: Sen. Padilla, Alex [D-CA] (D-California)
Financial Services
Standard Summary
Comprehensive overview in 1-2 paragraphs

The America's Olympic and Paralympic Games Commemorative Coins Act directs the Secretary of the Treasury to mint and issue commemorative coins for two upcoming Olympic and Paralympic Games hosted in the United States: the 2028 Summer Games in Los Angeles and the 2034 Winter Games in Salt Lake City. This legislation marks the return of the Olympic Games to the U.S. for the first time in 26 years and creates a unified coin program that commemorates both Olympic and Paralympic athletes. The coins will be sold with surcharges that fund the hosting of these Games and support legacy programs, including youth sports promotion and winter sports protection. Importantly, the program is designed to be revenue-neutral, ensuring no net cost to the federal government.

Key Points

  • 1Four coin denominations for each Games: $5 gold coins (up to 100,000), $1 silver coins (up to 500,000), half-dollar clad coins (up to 300,000), and proof silver $1 coins (up to 100,000), with flexibility to increase mintage based on market demand
  • 2Surcharge structure: Ranges from $5 per half-dollar coin to $50 per proof silver coin, with all proceeds going to the respective organizing committees for Games operations and legacy programs like youth sports initiatives
  • 3Sales period: Coins for the 2028 Games may be sold during 2028; coins for the 2034 Games may be sold during 2034, with prepaid orders accepted at discounted rates
  • 4Design requirements: Coins must feature designs emblematic of U.S. athlete participation, selected by the Secretary after consultation with Olympic organizing bodies and the Commission of Fine Arts
  • 5Financial safeguards: No funds will be disbursed to recipients until all costs of designing and issuing the coins are recovered by the U.S. Treasury, ensuring the program operates at no cost to taxpayers

Impact Areas

U.S. Olympic and Paralympic organizations: Will receive surcharge revenue to support Games hosting and legacy programs, including youth sports development and athlete support programsCoin collectors and numismatists: Will have access to commemorative coins celebrating American athletic achievement and the return of the Games to U.S. soilFederal budget: Protected through revenue-neutral design requiring full cost recovery before any surcharge distributionDisability awareness: The unified Olympic and Paralympic coin program aims to increase inclusivity and awareness for people with disabilitiesYouth sports programs: Will benefit from legacy funding directed toward promoting sports participation among young Americans
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