Young’s Bill Authorizing Commemorative Coins for World Cup Set to Become Law

Posted by Eticketing.co on December 9th, 2024

World Cup Tickets: Earlier this week, the U.S. Senate passed a bipartisan bill supported by U.S. Senator Todd Young to create coins for the FIFA World Cup. This bill now heads to President Joe Biden for approval. Reps introduced the FIFA World Cup 2026 Commemorative Coin Act. Darin LaHood, Rick Larsen, Don Bacon, and Kathy Castor in the House and co-sponsored by Senators Young and Laphonza Butler in the Senate.

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The bill aims to celebrate the upcoming Football World Cup 2026, held in the U.S., Mexico, and Canada. The bill’s main goal is to direct the Department of the Treasury to mint special coins in honor of the FIFA World Cup 2026. These coins will help commemorate the prestigious event and support soccer in the U.S.

The funds generated from the sale of these coins will go toward supporting soccer programs, especially those aimed at youth and underserved communities. This initiative ties directly into the legacy of the 2026 Football World Cup, aiming to bring a positive impact to the U.S. soccer scene. As the co-chair of the Congressional Soccer Caucus and an avid soccer supporter, Sen. Young expressed his excitement about the FIFA World Cup 2026.

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It’s great to see the World Cup come back to the U.S. after over thirty years, he said. The bill, he added, will help preserve the legacy of the World Cup and support local soccer programs. The FIFA World Cup 2026 promises to be a historic event, with Sen. Young emphasizing the importance of soccer in growing youth programs nationwide.

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The FIFA World Cup 2026 Commemorative Coin Act will authorize the production of three different types of coins: gold coins, silver coins, and half-dollar clad coins. These coins will not cost taxpayers any extra money, as the production expenses are to be covered by the sale of the coins themselves.

All the proceeds from these sales will benefit the Football World Cup 2026 US Inc., a non-profit organization dedicated to advancing soccer programs in the U.S. through these funds. Senator Butler, who co-sponsored the bill, shared her pride in supporting the legislation. The FIFA 2026 World Cup is a significant moment, and I am thrilled to see the impact this bill will have on the game, she said.

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Like Sen. Young, Sen. Butler expressed that this bill would not only mark the event but also promote the sport among young players. So further cementing soccer’s place in American culture. Before reaching the Senate, the bill passed the House of Representatives in September 2024. The move to authorize these coins comes at a time of growing enthusiasm for the FIFA World Cup 2026, especially in the United States.

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The excitement around the event is reflected in the lawmakers’ effort to tie the event's commemoration to soccer’s future in America. In a separate story, some public figures have been criticized for using non-profit organizations to fund trips and events. So raising questions about transparency. Kansas City Mayor Quinton Lucas used a nonprofit called the Mayors Corps of Progress for a Greater Kansas City Inc. to cover expenses for attending the Super Bowl in Phoenix, including travel and security costs.

While the nonprofit was not required to disclose its finances. This arrangement led to concerns about the use of such funds for personal promotion rather than strictly for city development. Lucas defended the expenses, saying the nonprofit helps promote the city at conferences. And sporting events, including the upcoming FIFA World Cup 2026.

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However, the organization’s lack of transparency, especially with the involvement of high-dollar donations, has raised ethical concerns. Critics, including Craig Holman from Public Citizen. So argue that such practices could violate ethics codes, campaign finance laws, or tax regulations. While the use of the nonprofit for personal promotion is being questioned.

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Lucas contends that the funds were used to help build important relationships. Although such as securing Kansas City’s role as one of the host cities for the 2026 FIFA World Cup. By attending national and international events. Lucas and his aides aimed to boost the city's profile in the context of economic development and the World Cup’s presence.

Lucas’s approach to the Mayor's Corps contrasts with his predecessor. Who used the nonprofit more transparently for purposes like inviting speakers to discuss local development projects. This shift in the nonprofit's purpose has led to public concerns that Lucas may be using the organization to sidestep transparency laws. So particularly regarding gifts from influential organizations.

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Some critics argue that this situation undermines public trust. So this suggests that political figures may be using these nonprofit funds to gain personal and political advantage. In addition to the nonprofit, Mayor Lucas’s political action committee, United We Stand. Although spent nearly ,000 on items like a tuxedo and polling for a new stadium for the Kansas City Royals.

While United We Stand is required to disclose its spending. However, questions arose about the nature of these expenditures and the lack of clarity about their purpose. Lucas initially denied knowledge of who had paid for the polling but later referred to it as research when asked about it. These situations underline a larger issue regarding transparency and ethics in politics. So particularly when it comes to funds tied to public officials.

Critics argue that such arrangements could potentially create a way for donors to gain access to politicians without proper oversight. Lucas maintains that these funds helped promote Kansas City and secure its place in the FIFA World Cup 2026. The criticism and concerns regarding the handling of these finances continue to grow.

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