SECTION 1. THE NATIONAL TEACHERS HALL OF FAME.

    Part B of subtitle II of title 36, United States Code, is amended 
by inserting after chapter 1533 the following new chapter:

           ``CHAPTER 1534--THE NATIONAL TEACHERS HALL OF FAME

``Sec.
``153401. Organization.
``153402. Purposes.
``153403. Operation.
``153404. Membership.
``153405. Governing body.
``153406. Powers.
``153407. Restrictions.
``153408. Duty to maintain corporate and tax-exempt status.
``153409. Records and inspection.
``153410. Service of process.
``153411. Liability for acts of officers and agents.
``153412. Annual report.
``153413. Definitions.
``Sec. 153401. Organization
    ``(a) Federal Charter.--The National Teachers Hall of Fame, Inc., 
incorporated in Kansas, is a federally chartered corporation.
    ``(b) Expiration of Charter.--If the corporation does not comply 
with any provision of this chapter, the charter granted by this chapter 
expires.
``Sec. 153402. Purposes
    ``The purposes of the corporation are as provided in its bylaws and 
articles of incorporation and include--
            ``(1) recognizing meritorious teachers by--
                    ``(A) sponsoring a teacher recognition program that 
                is open to all teachers in the United States of grades 
                from pre-kindergarten through 12th grade and that uses 
                a national committee to review, evaluate, and select 
                deserving teachers annually for induction into the Hall 
                of Fame; and
                    ``(B) promoting other teacher recognition programs 
                throughout the United States;
            ``(2) bringing honor and recognition to all teachers and to 
        the teaching profession by presenting exhibits and displays, 
        and by sponsoring programs and activities, that--
                    ``(A) provide individuals with opportunities to 
                honor and recognize the special teachers in their 
                lives;
                    ``(B) commend teachers throughout the history of 
                the United States whose dedication, commitment, 
                sacrifice, and quiet heroism have helped the United 
                States to progress further and faster than virtually 
                any other Nation on earth;
                    ``(C) portray teachers in their historical and 
                contemporary settings and show how their contributions 
                enrich American values, spirit, and life; and
                    ``(D) heighten public awareness of the vitally 
                important function of teachers in preparing children to 
                become successful adult citizens in society;
            ``(3) sponsoring national conferences, seminars, 
        institutes, and workshops on topics relating to teaching, 
        including topics such as professional development, effective 
        teaching methods, the role of teachers, and teaching as a 
        profession;
            ``(4) utilizing the invaluable teaching experiences, 
        expertise, and accomplishments of Hall of Fame inductees by 
        promoting, coordinating, and facilitating the use of the 
        inductees as speakers, consultants, and resources to school 
        districts, businesses, and government agencies;
            ``(5) sponsoring and coordinating programs that use 
        technology to foster communications among teachers, 
        administrators, parents, students, governmental agencies, 
        businesses, and the public at large; and
            ``(6) promoting appropriate change in education by 
        fostering a greater understanding of the potential functions 
        that people, technology, and emerging forces and trends can 
        perform in the teaching enterprise.
``Sec. 153403. Operation
    ``(a) In General.--The corporation shall operate a facility to be 
known as The National Teachers Hall of Fame.
    ``(b) Designation of Collection.--The collection of The National 
Teachers Hall of Fame shall be known as The National Teachers Hall of 
Fame Collection.
    ``(c) Exclusive Right.--The corporation shall have the sole and 
exclusive right to use, in carrying out its purposes, the name `The 
National Teachers Hall of Fame' and the sole and exclusive right to the 
use of its corporate seal, emblems, and badges as adopted by the 
corporation.
``Sec. 153404. Membership
    ``Eligibility for membership in the corporation and the rights and 
privileges of members are as provided in the bylaws of the corporation.
``Sec. 153405. Governing body
    ``(a) Board of Directors.--The board of directors of the 
corporation and the responsibilities of the board are as provided in 
the bylaws and articles of incorporation of the corporation.
    ``(b) Officers.--The officers and the election of officers of the 
corporation are as provided in the bylaws and articles of incorporation 
of the corporation.
``Sec. 153406. Powers
    ``The corporation has only the powers provided in its bylaws and 
articles of incorporation in the State of Kansas and in the certificate 
of authority in any other State in which the corporation is, or shall 
be, qualified to do business.
``Sec. 153407. Restrictions
    ``(a) Stock and Dividends.--The corporation may not issue stock or 
declare or pay a dividend.
    ``(b) Political Activities.--The corporation or a director or 
officer, acting as such director or officer, may not contribute to, 
support, or participate in any political activity or in any manner 
attempt to influence legislation.
    ``(c) Distribution of Income or Assets.--The income or assets of 
the corporation may not inure to the benefit of, or be distributed to, 
a director, officer, or member during the life of the charter granted 
by this chapter. This subsection does not prevent the payment of 
reasonable compensation to an officer or reimbursement for actual 
necessary expenses in amounts approved by the board of directors.
    ``(d) Loans.--The corporation may not make a loan to a director, 
officer, or employee.
    ``(e) Claim of Governmental Approval or Authorization.--The 
corporation may not claim congressional approval or the authority of 
the United States Government for any of its activities.
``Sec. 153408. Duty to maintain corporate and tax-exempt status
    ``(a) Corporate Status.--The corporation shall maintain its 
corporate status as a corporation incorporated under the laws of the 
State of Kansas.
    ``(b) Tax-Exempt Status.--The corporation shall maintain its status 
as an organization exempt from taxation under the Internal Revenue Code 
of 1986 (26 U.S.C. 1 et seq.).
``Sec. 153409. Records and inspection
    ``(a) Records.--The corporation shall keep--
            ``(1) correct and complete records of account;
            ``(2) minutes of the proceedings of its members, board of 
        directors, and committees; and
            ``(3) at its principal office, a record of the names and 
        addresses of its members entitled to vote, if any.
    ``(b) Inspection.--Any officer or director, or any member entitled 
to vote (if any), or an agent or attorney of such officer, director, or 
member, may inspect the records of the corporation for any proper 
purpose at any reasonable time.
``Sec. 153410. Service of process
    ``The corporation shall comply with the law on service of process 
of the State of Kansas and in each State in which it carries on 
activities.
``Sec. 153411. Liability for acts of officers and agents
    ``The corporation is liable for the acts of its officers and agents 
acting within the scope of their authority.
``Sec. 153412. Annual report
    ``The corporation shall submit an annual report to Congress on the 
activities of the corporation during the prior fiscal year. The report 
shall be submitted at the same time as the report of the audit required 
by section 10101 of this title. The report may not be printed as a 
public document.
``Sec. 153413. Definitions
    ``For purposes of this chapter--
            ``(1) the term `corporation' means The National Teachers 
        Hall of Fame, Inc., incorporated in Kansas; and
            ``(2) the term `State' includes the District of Columbia 
        and the territories and possessions of the United States.''.

SEC. 2. CLERICAL AMENDMENT.

    The table of chapters at the beginning of subtitle II of title 36, 
United States Code, is amended by inserting after the item relating to 
chapter 1533 the following new item:

``1534. THE NATIONAL TEACHERS HALL OF FAME..................  153401''.
Grants a Federal charter to the National Teachers Hall of Fame, Incorporated (a tax-exempt organization incorporated under the laws of Kansas).
To amend title 36, United States Code, to grant a Federal charter to The National Teachers Hall of Fame in Emporia, Kansas.