On the recordMarch 16, 1994
I rise to offer S. 1860, the 1995 Special Olympics World Games Commemorative Coin Act, as an amendment to S. 1275, the Community Development, Credit Enhancement, and Regulatory Improvement Act of 1993. I introduced this legislation in February with strong bipartisan support. This bill now has 50 cosponsors. This bill authorizes the minting of 800,000 limited-edition $1 silver coins, at no net cost to the Federal Government. The funds will be used to stage a world-class sporting event in Connecticut for these very special athletes. Through the years, Special Olympics has become one of the largest and most successful sports and volunteer organizations in the world. Today, there are nearly $1 million Special Olympic athletes worldwide and nearly 450,000 in the United States alone. In addition to more than 6,500 participating athletes, it is estimated that the 1995 Special Olympics world games will attract a half-million spectators, 45,000 volunteers, and more than 1,500 representatives from national and international media. An event of this magnitude requires considerable planning, organization, and financial resources. This no net cost bill would raise up to $8 million to help underwrite the cost of staging the 1995 Special Olympics World Games.
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