S. 2952: $2.50 for America’s 250th Act

This bill, known as the $2.50 for America’s 250th Act, proposes the minting and issuing of two types of $2.50 coins by the United States Secretary of the Treasury. This initiative celebrates the 250th anniversary of the signing of the Declaration of Independence, set for July 4, 2026. The bill outlines details for both circulating and numismatic coins, which serve different purposes.

Key Provisions

• Short Title: The Act is named the $2.50 for America’s 250th Act.
• Recognition of Historical Significance: The bill emphasizes the importance of the 250th anniversary as a moment of national celebration, linking present-day Americans to their historical roots.
• Circulating $2.50 Coins:
  • The Secretary of the Treasury is required to mint and issue a $2.50 circulating coin if it is deemed technically and economically feasible.
  • These coins must have distinct features that differentiate them from other coin denominations and will be made of specified alloys.
  • The design will display an image of allegorical liberty with the Declaration of Independence on the front and Independence Hall on the back for a period of five years.
  • Inscriptions on these coins will include "Semiquincentennial of the United States" and "1776–2026."
  • Subsequent designs celebrating the U.S. founding may be selected every five years after the initial issue.
• Numismatic $2.50 Coins:
  • These coins may also be minted in various materials including silver, gold, and other alloys, at the Secretary's discretion.
  • Similar to the circulating coins, the numismatic coins will have a design featuring allegorical liberty and Independence Hall for a specified initial period of two years.
  • They will include the same inscriptions regarding the semiquincentennial anniversary.
  • New designs celebrating American founding ideals may be introduced every two years after the first release.
• Sense of Congress: The bill expresses that the coins should be minted and issued by July 4, 2026, aligning with the anniversary, or as soon as feasible.

Purpose of the Bill

The main goal of the bill is to create a tangible and commemorative method for citizens to connect with America's founding principles. By minting these coins, the legislation aims to enhance public understanding and appreciation of the historical significance of the Declaration of Independence and the ideals of liberty and democracy that it represents.

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