Volume 76
Public Law 87–702
To provide for the coinage of a medal in recognition of the distinguished services of Sam Rayburn, Speaker of the House of Representatives.
Approved September 26, 1962
Statutory text
JOINT RESOLUTION
To provide for the coinage of a medal in recognition of the distinguished services of Sam Rayburn, Speaker of the House of Representatives.
Resolved by the Senate and House of Representatives of the United States of America in Congress assembled,
That, in recognition of the
Sam Rayburn.
Gold medal.
distinguished public service and outstanding contribution to the general welfare of Sam Rayburn, Speaker of the House of Representatives, the Secretary of the Treasury is authorized and directed to cause to be struck and presented to the estate of the late Speaker Sam Rayburn a gold medal with suitable emblems, devices, and inscriptions to be determined by the Secretary, but to include the phrase “For services rendered to the people of the United States”. There is authorized to be appropriated the sum of $2,500 to carry out the purposes of this section.
Sec. 2.
The Secretary of the Treasury is authorized and directed to cause duplicates in bronze of such medal to be struck and sold, under such regulations as he may prescribe, at a price sufficient to cover the cost thereof (including labor). The proceeds of the sale of such bronze medals shall be reimbursed to the appropriation then current for the expenditure of the Bureau of the Mint chargeable for the cost of the manufacture of medals.
Approved September 26, 1962.