There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (09/21/2012)

Commemorative Coins Reform Act of 2012 - Prohibits surcharges generated by the sale of any numismatic item or commemorative coin program from being paid to a non-federal organization, except with respect to sales and production costs.

Requires that surcharges be used to recover all numismatic operation and program costs allocable to the program under which a numismatic item is produced and sold.

Requires the transfer of any excess surcharges to the general fund of the Treasury for deficit reduction purposes.