Home web3.0 America\'s VetDogs to Get All Surcharges from Bill to Create Coins Honoring Military Working Dogs

America\'s VetDogs to Get All Surcharges from Bill to Create Coins Honoring Military Working Dogs

Jun 19, 2024 pm 01:36 PM

Tom Temin And your organization is concerned with those dogs that can help veterans in their needs and get them matched with dogs that can help the veteran with whatever his or her problems might happen to be.

America\'s VetDogs to Get All Surcharges from Bill to Create Coins Honoring Military Working Dogs

John Miller, President and CEO of America’s VetDogs, joined Federal Drive with Tom Temin to discuss a bill that would create three coins to honor service dogs and military dogs throughout the country.

The bill, HR 807, passed the House last week and now moves to the Senate. If passed by the Senate and signed by the President, the bill would authorize the mint to create a three-coin series that basically honors the service of working dogs and military dogs throughout the country, Miller said.

“We had the opportunity to be contacted by the House Financial Services Committee to determine our level of interest after they’ve done some vetting, if we’d be interested in working with them to get the co-sponsors necessary to get this across the finish line,” he said.

The coins would be sold at a surcharge, and the proceeds would go to America’s VetDogs, Miller said.

“The way it works is there’s a surcharge associated with these coins. So each level of coin will have a surcharge associated, the mint sets the pricing and the quantities,” he said. “Once you know the coin goes to market, we’re anticipating if we stay on track here that this would happen in 2027. And so, you know, for instance, I know the surcharge on the gold coins would be $35. That’s what we would get, you know, the mint, you know, and the government doesn’t really have any financial risk at this, you know, they get fully paid back first. Once whatever it costs the mint to produce, then, you know, we would get the surcharges from the coins.”

America’s VetDogs is a 501(c)(3) not-for-profit organization that provides service dogs to veterans and first responders with disabilities at no cost to the recipient, Miller said.

“Our organization, America’s VetDogs has been around for 20 years now. We just celebrated our 20th anniversary last year,” he said. “And we’ve placed over 1000 Dogs throughout the country, you know, with veterans and first responders. You know, we work throughout the country, all 50 states, and ultimately, our service is free of charge to all veterans and first responders. So, it’s a great service. And we look forward to helping and you’re trying to keep working to get the bill all the way through the Congress.”

News source:https://www.kdj.com/cryptocurrencies-news/articles/america-vetdogs-surcharges-bill-create-coins-honoring-military-dogs.html

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