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.
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