Sec. 7. SURCHARGES

222 words·~1 min read·/statute-compilations/comps-10030/sec-7

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## SEC. 7 SURCHARGES ###

(a)In General All sales of coins issued under this Act shall include a surcharge of $10 per 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 issued under this Act shall be promptly paid by the Secretary to the Lions Clubs International Foundation for the purposes of— ####

(1)furthering its programs for the blind and visually impaired in the United States and abroad; ####

(2)investing in adaptive technologies for the disabled; and ####

(3)investing in youth and those affected by a major disaster. ###

(c)Audits The Lions Clubs International Foundation 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. The Secretary may issue guidance to carry out this subsection.