CLARIFICATION OF EXISTING LAW.

SEC. 201. CLARIFICATION OF EXISTING LAW.(a) In General.—Section 5134(f)(1) of title 31, United States Code, is amended to read as follows:“(1) Payment of surcharges.—“(A) In general.—Notwithstanding any other provision of law, no amount derived from the proceeds of any surcharge imposed on the sale of any numismatic item shall be paid from the fund to any designated recipient organization unless—“(i) all numismatic operation and program costs allocable to the program under which such numismatic item is produced and sold have been recovered; and“(ii) the designated recipient organization submits an audited financial statement that demonstrates, to the satisfaction of the Secretary, that, with respect to all projects or purposes for which the proceeds of such surcharge may be used, the organization has raised funds from private sources for such projects and purposes in an amount that is equal to or greater than the total amount of the proceeds of such surcharge derived from the sale of such numismatic item.“(B) Unpaid amounts.—If any amount derived from the proceeds of any surcharge imposed on the sale of any numismatic item that may otherwise be paid from the fund, under any provision of law relating to such numismatic item, to any designated recipient organization remains unpaid to such organization solely by reason of the matching fund requirement contained in subparagraph (A)(ii) after the end of the 2-year period beginning on the later of—117 STAT. 620“(i) the last day any such numismatic item is issued by the Secretary; or“(ii) the date of the enactment of the American 5-Cent Coin Design Continuity Act of 2003,such unpaid amount shall be deposited in the Treasury as miscellaneous receipts.”.(b) Effective Date.—The amendment made by subsection (a) shall apply as of the date of the enactment of Public Law 104–208.