PolicyBrief
H.R. 1546
119th CongressFeb 24th 2025
Erie Canal Bicentennial Commemorative Coin Act
IN COMMITTEE

The "Erie Canal Bicentennial Commemorative Coin Act" directs the Treasury to mint coins in 2026 commemorating the Erie Canal, with surcharges benefiting the Erie Canalway Heritage Fund, Inc.

Claudia Tenney
R

Claudia Tenney

Representative

NY-24

LEGISLATION

Erie Canal Bicentennial Coins Coming in 2026: Sales to Fund Canal Preservation

The "Erie Canal Bicentennial Commemorative Coin Act" directs the U.S. Treasury to mint a series of limited-edition coins celebrating the 200th anniversary of the Erie Canal's completion. Starting January 1, 2026, you'll be able to purchase these coins, with a portion of the proceeds going directly to preserving this historic waterway.

Canal Cash: Funding the Future

The bill mandates the creation of up to 50,000 five-dollar gold coins, 400,000 one-dollar silver coins, and 750,000 half-dollar coins. These aren't your everyday pocket change – they're legal tender, but also designed as collector's items (numismatic items). Think of it like buying a piece of history that also helps keep that history alive. The design will feature imagery representing the Erie Canal's impact on New York State and the nation. SEC. 4. The coins must also include their value, the year 2026, and the inscriptions "Liberty," "In God We Trust," "United States of America," and "E Pluribus Unum."

Real-World Impact: Preserving History, Boosting Tourism

Every coin sold will include a surcharge – $35 for each $5 gold coin, $10 for each $1 silver coin, and $5 for each half-dollar coin. SEC. 7. This extra money goes straight to the Erie Canalway Heritage Fund, Inc. This organization is responsible for maintaining the Erie Canalway National Heritage Corridor, which means the funds will support things like historical preservation, recreational facilities (think biking and walking trails), and educational programs. For folks living in upstate New York, where 80% of the population is within 25 miles of the canal, this directly translates to improved local amenities and potentially increased tourism. SEC. 2. Someone who enjoys kayaking on the canal, for instance, might see improved launch facilities thanks to these funds.

The Bottom Line

This bill isn't just about creating collectible coins. It's a way to generate funding for the ongoing preservation of a crucial piece of American history. The bill smartly ensures that the production of these coins won't cost taxpayers anything – the Treasury has to recoup all design and minting costs before any surcharge money goes to the Heritage Fund. SEC. 8. It's a win-win: collectors get a unique item, and the Erie Canal gets a financial boost to ensure it remains a vibrant part of New York's landscape for years to come.