Miracle on Ice Congressional Gold Medal Act
This bill awards three Congressional Gold Medals collectively to the members of the 1980 U.S. Olympic Men’s Ice Hockey Team to honor their historic "Miracle on Ice" win and Olympic gold medal. The medals will be placed on public display at three museums: the Lake Placid Olympic Center in New York, the United States Hockey Hall of Fame Museum in Minnesota, and the United States Olympic & Paralympic Museum in Colorado. To help cover the manufacturing costs, the U.S. Mint will produce and sell duplicate bronze medals to the public.
Who it helps · who it burdens.
Who it helps
- Members of the 1980 United States Olympic Men’s Ice Hockey TeamReceive Congressional Gold Medals awarded collectively on behalf of Congress in recognition of their victory at the 1980 Winter Olympics (Sec. 3(a)).
- Specified sports museums (Lake Placid Olympic Center, United States Hockey Hall of Fame Museum, and United States Olympic & Paralympic Museum)Receive one gold medal each to display to the public and make available for research (Sec. 3(c)).
Who backs it
- United States Mint Public Enterprise FundFinances the initial costs of striking the gold and duplicate bronze medals (Sec. 6(a)).
- Purchasers of duplicate bronze medalsPay a purchase price set to fully cover the costs of labor, materials, dies, machinery use, and overhead to acquire duplicate bronze medals (Sec. 4, Sec. 6(b)).
The provisions, in plain language.
Awards three Congressional Gold Medals to the members of the 1980 United States Olympic Men’s Ice Hockey Team in recognition of their historic victory at the 1980 Winter Olympics.
Requires one gold medal each to be given for public display and research to the Lake Placid Olympic Center in New York, the United States Hockey Hall of Fame Museum in Minnesota, and the United States Olympic & Paralympic Museum in Colorado.
Authorizes the Department of the Treasury to mint and sell bronze duplicate medals to the public at a price covering all production costs.
Authorizes funding from the United States Mint Public Enterprise Fund to cover medal production costs and directs sales proceeds from duplicate medals to be deposited back into the fund.