|WASHINGTON, DC – A bill that requires the Secretary of the Treasury to mint coins in recognition of five United States Army 5-star generals was unanimously passed in the Senate today (Sept. 29, 2010). In addition to honoring the United States Army Command and General Staff College at Ft. Leavenworth for 132 years of educating the nation's military leaders, the coinage will pay tribute to George C. Marshall, Douglas MacArthur, Dwight D. Eisenhower, Henry "Hap" Arnold and Omar N. Bradley, generals who led American and Allied Forces to victory over Nazism and Fascism during World War II, serving in both Europe and the Pacific.
The Five-Star Generals Commemerative Coin Act authored by Senator Pat Roberts (R-KS) and co-sponsored by Senator Sam Brownbach (R-KS) authorizes the minting of 100,000 five dollar coins, 500,000 one dollar coins and 750,000 half-dollar coins.
A surcharge will be applied to each coin in the amount of $35 for each $5 gold coin, $10 for each silver dollar coin, and $5 for each half-dollar clad coin. Proceeds from the sales of these coins will be directed to the Command and General Staff College Foundation, a not-for-profit organization that is chartered to support innovation and creativity at the Command and General Staff College by creating programs and activities that contribute to the Margin of Excellence at the college. There is no cost to the United States Treasury to produce the coins.
Congressman Dennis Moore (D-KS) introduced similar legislation in the House of Representatives that passed in May 2010. The bill now goes to the president to be signed into law.