H.R. 4382: America’s Olympic and Paralympic Games Commemorative Coins Act
Sponsor
Brad Sherman
Democrat · CA-32
Bill Progress
Latest Action · Jul 14, 2025
Referred to the House Committee on Financial Services.
Olympic coins would help fund America’s home Games
Why it matters
Up to 1 million coins could be issued for each Games, with $5 to $50 from each sale set aside for Olympic and Paralympic hosting and legacy programs. The bill says the 2028 and 2034 Games will be privately funded, and it creates a Mint-run fundraiser that pays out only after all federal costs are covered.
H.R. 4382 creates two separate commemorative coin programs: one for the 2028 Summer Games in Los Angeles and one for the 2034 Winter Games in Salt Lake City. Each program would run for one year and include gold, silver, clad, and oversized proof silver coins aimed at collectors and Olympic fans.
The money piece is the surcharge. Buyers would pay an added $35 on each $5 gold coin, $10 on each standard silver dollar, $5 on each half-dollar, and $50 on each 5-ounce proof silver dollar. If every baseline coin sold, that could mean up to about $11 million in surcharge revenue per Games before any mintage increase.
The bill sends 2028 proceeds to United States Olympic and Paralympic Properties and 2034 proceeds to the Salt Lake City organizing committee. The bill also says those funds can support hosting costs and legacy efforts like youth sports, winter sports, and programs for young and elite athletes.
There is a catch: no money goes out until the Treasury has recovered every federal cost tied to making and selling the coins. That means the bill is designed as a self-funded fundraising tool, not a direct federal subsidy.
The bill's findings say this would mark the return of the Olympic and Paralympic Games to the United States for the first time in 26 years. They also say the United States has hosted the modern Olympic Games 9 times, with Los Angeles hosting the Summer Games for a third time in 2028 and Salt Lake City hosting the Winter Games for a second time in 2034.
H.R. 4382 Bill Summary
What H.R. 4382 actually does.
Olympic and Paralympic coins go on sale for two U.S. Games
The bill creates one commemorative coin program for 2028 and another for 2034, each running for one year under the Treasury Department.
Collectors could see up to 1 million coins per Games
Each program starts with authority for up to 100,000 gold coins, 500,000 silver dollars, 300,000 half-dollars, and 100,000 oversized proof silver dollars. Treasury could raise those limits if market research shows stronger demand.
Each purchase includes a built-in donation
Every coin sale includes a surcharge: $35 for the gold coin, $10 for the standard silver dollar, $5 for the half-dollar, and $50 for the 5-ounce proof silver dollar.
Money goes to hosting and sports legacy programs
The 2028 surcharges go to United States Olympic and Paralympic Properties. The 2034 surcharges go to the organizing committee for the Salt Lake City Winter Games. The bill says the funds can be used for hosting and legacy efforts, including youth and winter sports programs.
Treasury has to break even first
No surcharge money can be paid out until the Treasury has recovered all costs for design, production, marketing, and shipping. The bill is written so the federal government does not absorb a net loss.
The coin programs still face annual Mint limits
The bill says no surcharge can be imposed if doing so would push the year past the legal limit of two commemorative coin programs, which means these Olympic coins must compete with other proposals for limited annual space.
Who benefits from H.R. 4382?
Olympic and Paralympic organizers for Los Angeles 2028
United States Olympic and Paralympic Properties would receive the 2028 surcharge revenue after Treasury recovers its costs, creating a dedicated fundraising stream tied to coin sales.
Salt Lake City’s 2034 Winter Games organizers
The 2034 organizing committee would get surcharge proceeds to help support hosting and legacy efforts connected to the Winter Games.
Youth, winter sports, and athlete development programs
The bill says surcharge money can support legacy programs, including youth sports for 2028 and winter sports plus programs for young and elite athletes for 2034.
Collectors and fans who want a physical piece of the Games
You would get legal-tender commemorative coins tied to the next two U.S.-hosted Olympic and Paralympic Games, including a 5-ounce silver proof option and a limited-run gold coin.
Who is affected by H.R. 4382?
Coin buyers
If you buy one of these coins, you would pay well above face value because the price includes Mint costs plus a surcharge of $5, $10, $35, or $50 depending on the coin.
The U.S. Mint and Treasury
Treasury would have to design, produce, market, price, and ship the coins, then track when all federal costs have been recovered before releasing any surcharge money.
Other groups seeking commemorative coin legislation
These Olympic programs would compete for one of the two commemorative coin slots allowed each year, which could squeeze out other proposed coin programs.
Design review bodies
Federal design advisors would be pulled into the coin approval process before the Mint finalizes artwork for the 2028 and 2034 programs.
HR4382 Legislative Journey
House: Committee Action
Jul 14, 2025
Referred to the House Committee on Financial Services.
About the Sponsor
Brad Sherman
Democrat, California's 32nd congressional district · 29 years in Congress
Committees: Financial Services, Foreign Affairs
View full profile →
Cosponsors (159)
This bill has 159 cosponsors: 79 Democrats, 80 Republicans, reflecting bipartisan support. Cosponsors represent 38 states: Alabama, Arkansas, Arizona, and 35 more.
Frank Lucas
Republican · OK
Ken Calvert
Republican · CA
Sydney Kamlager-Dove
Democrat · CA
Blake Moore
Republican · UT
Stephanie Bice
Republican · OK
Brian Fitzpatrick
Republican · PA
Stephen Lynch
Democrat · MA
Bill Foster
Democrat · IL
Diana DeGette
Democrat · CO
Juan Ciscomani
Republican · AZ
Julia Brownley
Democrat · CA
Seth Magaziner
Democrat · RI
Cosponsor Coverage Map
Committee Sponsors
Financial Services Committee
28 of 53 committee members cosponsored
14 Democrats across this committee haven't cosponsored yet. Mobilize their constituents
H.R. 4382 Quick Facts
- Committee
- Financial Services
- Chamber
- House
- Policy
- Finance and Financial Sector
- Introduced
- Jul 14, 2025
Referred to the House Committee on Financial Services.
Jul 14, 2025
Official Sources
The official Congress.gov page tracks the text, sponsors, actions, and status of the bill.
The bill assigns duties to the Secretary of the Treasury, so a Treasury source helps explain the federal department overseeing the Mint.
Title 31 contains federal coinage and currency law, which is the legal framework for commemorative coin legislation like this bill.
GovInfo provides official federal legislative documents and is useful for checking enacted commemorative coin laws and related statutory materials.
If Congress requests a score for H.R. 4382, the CBO cost estimates page is the official place to find it.
H.R. 4382 Common Questions
What does H.R. 4382 actually do?
It creates two U.S. Mint commemorative coin programs: one for the 2028 Los Angeles Olympic and Paralympic Games and one for the 2034 Salt Lake City Winter Games.
How much extra would buyers pay on these Olympic coins?
The surcharge is $35 for the gold coin, $10 for the standard silver dollar, $5 for the half-dollar, and $50 for the 5-ounce proof silver dollar.
Who gets the money from the coin surcharges?
For 2028, the money goes to United States Olympic and Paralympic Properties. For 2034, it goes to the Salt Lake City Winter Games organizing committee.
Would taxpayers be funding the 2028 or 2034 Games through this bill?
Not directly. H.R. 4382 does not appropriate money. It uses coin sales, and the bill says Treasury must recover all federal costs before any surcharge funds are paid out.
How much money could these Olympic coin sales raise?
At the bill's starting mintage caps, the surcharges add up to about $11 million per Games if every coin sells. Actual revenue could be lower or higher if mintages change.
How many coins would H.R. 4382 allow?
Each Games starts with up to 1 million coins total: 100,000 gold coins, 500,000 silver dollars, 300,000 half-dollars, and 100,000 5-ounce proof silver dollars.
Can the Mint make more than the initial coin limits?
Yes. The bill lets Treasury raise the mintage if independent market research from the U.S. Olympic and Paralympic Committee shows stronger demand.
Could this bill get blocked even if Congress likes the idea?
Yes. Federal law generally allows only two commemorative coin programs per year, so these Olympic coins would still need to win one of those limited yearly slots.
Based on H.R. 4382 bill text
H.R. 4382 Bill Text
“To require the Secretary of the Treasury to mint coins in commemoration of the 2028 Olympic and Paralympic Games in Los Angeles, California, and the 2034 Olympics and Paralympic Winter Games in Salt Lake City, Utah.”
Source: U.S. Government Publishing Office
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