Page:United States Statutes at Large Volume 99 Part 1.djvu/137

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PUBLIC LAW 99-000—MMMM. DD, 1985

PUBLIC LAW 99-61—JULY 9, 1985

99 STAT. 115

(hereinafter in this title referred to as the "Foundation"). Such amounts shall be used to restore and renovate the Statue of Liberty and the facilities used for immigration at Ellis Island and to establish an endowment in an amount deemed sufficient by the Foundation, in consultation with the Secretary of the Interior, to ensure the continued upkeep and maintenance of these monuments. AUDITS

SEC. 109. The Comptroller General shall have the right to examine such books, records, documents, and other data of the Foundation as may be related to the expenditure of amounts paid, and the management and expenditures of the endowment established, under section 108. COINAGE PROFIT FUND

SEC. 110. Notwithstanding any other provision of law— (1) all amounts received from the sale of coins issued under this title shall be deposited in the coinage profit fund; (2) the Secretary shall pay the amounts authorized under this title from the coinage profit fund; and (3) the Secretary shall charge the coinage profit fund with all expenditures under this title. FINANCIAL ASSURANCES

SEC. 111. (a) The Secretary shall take all actions necessary to ensure that the issuance of the coins authorized by this title shall result in no net cost to the United States Government. (b) No coin shall be issued under this title unless the Secretary has received— (1) full payment therefor; (2) security satisfactory to the Secretary to indemnify the United States for full payment; or (3) a guarantee of full payment satisfactory to the Secretary from a depository institution whose deposits are insured by the Federal Deposit Insurance Corporation, the Federal Savings and Loan Insurance Corporation, or the National Credit Union Administration Board. TITLE II—LIBERTY COINS

Liberty Coin Act.

SHORT TITLE

SEC. 201. This title may be cited as the "Liberty Coin Act". 31 USC 5112 note. MINTING OF SILVER COINS

SEC. 202. Section 5112 of title 31, United States Code, is amended by striking out subsections (e) and (f) and inserting in lieu thereof the following new subsections: "(e) Notwithstanding any other provision of law, the Secretary shall mint and issue, in quantities sufficient to meet public demand, coins which— "(1) are 40.6 millimeters in diameter and weigh 31.103 grams; "(2) contain.999 fine silver; "(3) have a design— "(A) symbolic of Liberty on the obverse side; and