Read twice and referred to the Committee on Banking.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Jun 6, 1996
TABLE OF CONTENTS: Title I: Recognition of the Millennium Society Title II: Commemorative Coins Title III: Commemorative Postage Stamps Millennium Society Act of 1996 - Title I: Recognition of the Millennium Society - Recognizes the Millennium Society (a nonprofit U.S. corporation chartered and organized under the laws of the State of Illinois on November 21, 1983) and any other organization that is organized and operated by the corporation exclusively for charitable and educational purposes. (Sec. 105) Sets forth the goals and purposes of the Society, which include: (1) establishing national goals for commemoration and celebration of the millennium in the United States and U.S. participation in such international events; (2) exercising exclusive jurisdiction over all matters pertaining to U.S. participation in commemorations or celebrations of the millennium; (3) coordinating activities and holding forums and symposiums to promote educational and cross-cultural exchange; and (4) establishing, endowing, and administering the Millennium Scholars Program. (Sec. 114) Grants the Society the sole and exclusive right to the use of specified symbols, emblems, trademarks, and names to carry out its functions. Authorizes the Society to allow contributors and suppliers of goods and services to use the Society's trade name, trademarks, symbols, insignia, emblems, seals, descriptive or designating marks, and slogans in advertising under specified conditions. Subjects to a civil action by the Society for the remedies provided in the Trademark Act of 1946 any person who, without the Society's consent, uses its trademark, symbol, insignia, emblem, seal, descriptive or designating mark, or slogan: (1) for the purposes of trade; (2) to induce the sale of any goods or services; (3) or to promote any theatrical exhibition, performance, or competition. Exempts persons who lawfully used such a symbol or slogan before the enactment of this Act. Allows the individuals to continue such lawful use for the same purpose and for the same goods or services. Title II: Commemorative Coins - Directs the Secretary of the Treasury to mint five-dollar gold coins and one-dollar silver coins emblematic of the events of the second millennium and the advent of the third. (Sec. 204) Provides for the issuance of such coins beginning on July 1, 1999, and ending on January 1, 2001. (Sec. 207) Requires all surcharges received from coin sales to be promptly paid to the Society, under specified conditions, to be used only for the purpose of supporting the Millennium Scholars Program. Title III: Commemorative Postage Stamps - Urges the U.S. Postal Service to cooperate with the Secretary and the Society in the: (1) issuance of appropriate first day of issuance postage stamps commemorating the end of the second millennium and the advent of the third; and (2) production of a philatelic numismatic combination as a unique item to be made available to the public for such commemoration.
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