Explanation of Peace Corps Stamp Act (H.R. 332)
Simple Explanation of the Peace Corps Stamp Act (H.R. 332)
This bill is about creating a special postage stamp called the Peace Corps Semipostal Stamp. The goal is to help raise money for the Peace Corps, a U.S. program that sends volunteers to different countries to help with education, health, and other important projects.
What the Bill Does:
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Create a Special Stamp: The U.S. Postal Service will make a new stamp called the Peace Corps Semipostal Stamp.
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How Long You'll Be Able to Buy It: This stamp will be available for 10 years, starting no later than one year after the bill becomes law.
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How Much It Costs: The stamp will cost the normal price of mailing a 1-ounce letter plus an extra charge (at least 25% more). This extra money goes to the Peace Corps.
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Where the Extra Money Goes: All extra money collected from selling this stamp will go directly to the Peace Corps’ Global Fund, which supports Peace Corps projects around the world. These funds will be sent at least twice a year.
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Doesn't Replace Other Funding: The money raised from this stamp won’t reduce or affect how much money the federal government already gives to the Peace Corps.
Why It Matters:
This special stamp gives people an easy way to help support the Peace Corps by simply choosing to buy this stamp when they mail letters. It helps the Peace Corps raise extra funds to continue doing important international volunteer work.
In short, if you buy this stamp, you pay a bit more for postage, and the extra money helps support Peace Corps projects worldwide.