HF 2465 (LSB 6016YH (1) 91)

HOUSE FILE 2465

BY  SHIPLEY

A BILL FOR

An Act relating to commemorative coins.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  NEW SECTION.  12.29  Commemorative coins.
   1.  The treasurer of state shall issue gold, silver, and platinum coins that are stamped with images commemorating the state of Iowa and the tenure of governor Kimberly Reynolds.
   2.  The treasurer of state shall make each coin available for sale to the public at a price not to exceed one hundred seven percent of the value of the metal used to create the coin at the time of the sale.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill requires the treasurer of state to issue gold, silver, and platinum coins stamped with images commemorating the state of Iowa and the tenure of governor Kimberly Reynolds. The treasurer of state must make each coin available for sale to the public at a price not to exceed 107 percent of the value of the metal used to create the coin at the time of the sale.