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Edison Memorial Tower Corporation

Jan 15, 2007
Floor Statement

Thank you, Mr. Frank, for the opportunity to speak on H.R. 188, which I co-sponsored. 

Mr. Speaker, this bill gives the Edison Memorial Tower Corporation an extension to raise private matching funds. This will allow the Corporation to receive federal funding from the minting of the Thomas Alva Edison Commemorative Coin.  The Corporation is a group of local residents from Edison, New Jersey who oversee and manage the Edison Memorial Tower.  The Tower built as a memorial to Thomas Edison in 1937, has suffered damage and is in need of $3 to $4 million worth of repairs. 

A misunderstanding between the Mint and the Corporation left the Corporation short of matching funds.  This bill simply extends the amount of time the Corporation has to raise non-governmental funds from December 31, 2006 to July 1, 2007.  It rectifies a misunderstanding between the Mint and a group of concerned citizens in my home State of New Jersey.

I urge my colleagues to support H.R. 188.  I yield back the balance of my time.