To amend title 36, United States Code, to grant a Federal charter to the Ukrainian American Veterans, Incorporated.

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Ukrainian American Veterans Charter 
Act''.

SEC. 2. CHARTER FOR UKRAINIAN AMERICAN VETERANS, INCORPORATED.

    (a) In General.--Title 36, United States Code, is amended by 
inserting after chapter 2103 the following new chapter:

       ``CHAPTER 2200--UKRAINIAN AMERICAN VETERANS, INCORPORATED

``Sec.
``220001. Definition.
``220002. Organization.
``220003. Purposes.
``220004. Powers.
``220005. Restrictions.
``220006. Duty to maintain corporate and tax-exempt status.
``220007. Records and inspection.
``220008. Liability for acts of officers and agents.
``220009. Annual report.
``Sec. 220001. Definition
    ``For purposes of this chapter, `State' includes the District of 
Columbia and the territories and possessions of the United States.
``Sec. 220002. Organization
    ``(a) Federal Charter.--The Ukrainian American Veterans, 
Incorporated (in this chapter, the `corporation'), incorporated in New 
York, 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. 220003. Purposes
    ``(a) General.--The purposes of the corporation are as provided in 
its articles of incorporation and include a commitment, on a national 
basis, to--
            ``(1) preserve, protect, and defend the Constitution of the 
        United States;
            ``(2) commemorate the wars, campaigns, and military actions 
        of the United States in respect, honor, and tribute of the 
        veterans of the Armed Forces;
            ``(3) promote a greater understanding of, and appreciation 
        for, the sacrifices made by the veterans of the Armed Forces;
            ``(4) stimulate, to the highest degree possible, the 
        interest of the people of the United States in the problems 
        faced by the veterans of the Armed Forces, their widows, and 
        orphans;
            ``(5) collect, edit, publish, and preserve records and 
        artifacts of the patriotic service of veterans of the Armed 
        Forces; and
            ``(6) foster the association of individuals of Ukrainian 
        descent who have served in the Armed Forces.
    ``(b) Corporate Function.--The corporation shall function as an 
educational, patriotic, civic, and historical organization under the 
laws of each State in which it is incorporated.
``Sec. 220004. Powers
    ``The corporation has only the powers provided in its bylaws and 
articles of incorporation filed in each State in which it is 
incorporated.
``Sec. 220005. Restrictions
    ``(a) Stock and Dividends.--The corporation may not issue stock or 
declare or pay a dividend.
    ``(b) Political Activities.--The corporation and any officer or 
director of the corporation, acting as such officer or director, may 
not contribute to, support, or otherwise participate in any political 
activity or in any manner attempt to influence legislation.
    ``(c) Distribution of Income or Assets.--No part of the income or 
assets of the corporation may inure to the benefit of, or be 
distributed to, any member, officer, or director of the corporation 
during the life of this charter. No provision in this subsection may be 
construed to prevent the payment of reasonable compensation to the 
officers and employees of the corporation or the reimbursement of 
actual necessary expenses in amounts approved by the board of directors 
of the corporation.
    ``(d) Loans.--The corporation may not make any loan to any member, 
officer, director, or employee of the corporation.
    ``(e) Claims of Governmental Approval or Authority.--The 
corporation may not claim the approval of the Congress or the 
authorization of the Federal Government for any of its activities.
``Sec. 220006. Duty to maintain corporate and tax-exempt status
    ``(a) Corporate Status.--The corporation shall maintain its status 
as a corporation incorporated under the laws of New York.
    ``(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. 220007. 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 having any of the authority of its 
        board of directors; and
            ``(3) at its principal office, a record of the names and 
        addresses of its members entitled to vote.
``Sec. 220008. Liability for acts of officers and agents
    ``The corporation is liable for the acts of its officers and agents 
within the scope of their authority.
``Sec. 220009. 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.''.
    (b) 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 2103 the following new item:

``2200. Ukrainian American Veterans, Incorporated...........  220001''.

Summary: Ukrainian American Veterans Charter Act - Grants a Federal charter to the Ukrainian American Veterans, Incorporated .