March of DimesThis past week, President Barack Obama signed H.R. 3187, the March of Dimes Commemorative Coin Act of 2012 (Public Law No. 112-209 [TXT] [PDF]).

According to the law, the U.S. Mint will strike no more than 500,000 silver dollar coins in 2015 that “shall be emblematic of the mission and programs of the March of Dimes, and its distinguished record of generating Americans’ support to protect our children’s health.”. The law says that the designs of the coin will “contain motifs that represent the past, present, and future of the March of Dimes and its role as champion for all babies, such designs to be consistent with the traditions and heritage of the March of Dimes.”

The law requires the U.S. Mint to consult with the March of Dimes, U.S. Commission of Fine Arts, and Citizens Coinage Advisory Committee on the design.

As with other silver dollar commemoratives, the sale of this commemorative will include a $10 surcharge that will be paid “to the March of Dimes to help finance research, education, and services aimed at improving the health of women, infants, and children.”

After congressed passed the law, the March of Dimes issued press release thanking Senators Kay Hagan (D-NC) and Susan Collins (R-ME) as well as Rep. Robert Dold (R-IL) and Nita Lowey (D-NY) for their work in getting this bill passed.

Between now and 2015 when the commemorative silver dollar is issued, I am sure the March of Dimes would appreciate as many $10 donations as you can afford. Donations to the March of Dimes are tax deductible to the extent allowed by law. It is a good way to save on taxes and do good at the same time!

Logo courtesy of the March of Dimes.

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