Sec. 7. SURCHARGES

377 words·~2 min read·/statute-compilations/comps-12640/sec-7

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

## SEC. 7 SURCHARGES ###

(a)In general All sales of coins minted 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 described under section 3(a)(2). ####

(3)A surcharge of $5 per coin for the half-dollar coin. ####

(4)A surcharge of $50 per coin for the $1 coin described under section 3(a)(4). ###

(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 as follows: ####

(1)one half to the Smithsonian Institution’s National Air and Space Museum’s “Destination Moon” exhibit, for design, education, and installation costs related to establishing and maintaining the exhibit, and for costs related to creating a traveling version of the exhibition; ####

(2)one quarter to the Astronauts Memorial Foundation, for costs related to the preservation, maintenance, and enhancement of the Astronauts Memorial and for promotion of space exploration through educational initiatives; and ####

(3)one quarter to the Astronaut Scholarship Foundation, to aid its missions of promoting the importance of science and technology to the general public and of aiding the United States in retaining its world leadership in science and technology by providing college scholarships for the very best and brightest students pursuing degrees in science, technology, engineering, or mathematics (STEM). ###

(c)Audits The recipients described under subsection

(b)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 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.