I

106TH CONGRESS

1ST SESSION S. 440

IN THE HOUSE OF REPRESENTATIVES

NOVEMBER 3, 1999

Referred to the Committee on Education and the Workforce

AN ACT

To provide support for certain institutes and schools.

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled,
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1 TITLE I—HOWARD BAKER

2 SCHOOL OF GOVERNMENT

3 SEC. 101. DEFINITIONS.

4 In this title:

5 (1) BOARD.—The term ‘‘Board’’ means the

6 Board of Advisors established under section 104.

7 (2) ENDOWMENT FUND.—The term ‘‘endow8 ment fund’’ means a fund established by the Univer9 sity of Tennessee in Knoxville, Tennessee, for the

10 purpose of generating income for the support of the

11 School.

12 (3) SCHOOL.—The term ‘‘School’’ means the

13 Howard Baker School of Government established

14 under this title.

15 (4) SECRETARY.—The term ‘‘Secretary’’ means

16 the Secretary of Education.

17 (5) UNIVERSITY.—The term ‘‘University’’

18 means the University of Tennessee in Knoxville,

19 Tennessee.

20 SEC. 102. HOWARD BAKER SCHOOL OF GOVERNMENT.

21 From the funds authorized to be appropriated under

22 section 106, the Secretary is authorized to award a grant

23 to the University for the establishment of an endowment

24 fund to support the Howard Baker School of Government

25 at the University of Tennessee in Knoxville, Tennessee.
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1 SEC. 103. DUTIES.

2 In order to receive a grant under this title, the Uni3 versity shall establish the School. The School shall have

4 the following duties:

5 (1) To establish a professorship to improve

6 teaching and research related to, enhance the cur7 riculum of, and further the knowledge and under8 standing of, the study of democratic institutions, in9 cluding aspects of regional planning, public adminis10 tration, and public policy.

11 (2) To establish a lecture series to increase the

12 knowledge and awareness of the major public issues

13 of the day in order to enhance informed citizen par14 ticipation in public affairs.

15 (3) To establish a fellowship program for stu16 dents of government, planning, public administra17 tion, or public policy who have demonstrated a com18 mitment and an interest in pursuing a career in

19 public affairs.

20 (4) To provide appropriate library materials

21 and appropriate research and instructional equip22 ment for use in carrying out academic and public

23 service programs, and to enhance the existing

24 United States Presidential and public official manu25 script collections.
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1 (5) To support the professional development of

2 elected officials at all levels of government.

3 SEC. 104. ADMINISTRATION.

4 (a) BOARD OF ADVISORS.—

5 (1) IN GENERAL.—The School shall operate

6 with the advice and guidance of a Board of Advisors

7 consisting of 13 individuals appointed by the Vice

8 Chancellor for Academic Affairs of the University.

9 (2) APPOINTMENTS.—Of the individuals ap10 pointed under paragraph (1)—

11 (A) 5 shall represent the University;

12 (B) 2 shall represent Howard Baker, his

13 family, or a designee thereof;

14 (C) 5 shall be representative of business or

15 government; and

16 (D) 1 shall be the Governor of Tennessee,

17 or the Governor’s designee.

18 (3) EX OFFICIO MEMBERS.—The Vice Chan19 cellor for Academic Affairs and the Dean of the Col20 lege of Arts and Sciences at the University shall

21 serve as an ex officio member of the Board.

22 (b) CHAIRPERSON.—

23 (1) IN GENERAL.—The Chancellor, with the

24 concurrence of the Vice Chancellor for Academic Af25 fairs, of the University shall designate 1 of the indi-
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1 viduals first appointed to the Board under sub2 section (a) as the Chairperson of the Board. The in3 dividual so designated shall serve as Chairperson for

4 1 year.

5 (2) REQUIREMENTS.—Upon the expiration of

6 the term of the Chairperson of the individual des7 ignated as Chairperson under paragraph (1) or the

8 term of the Chairperson elected under this para9 graph, the members of the Board shall elect a Chair10 person of the Board from among the members of the

11 Board.

12 SEC. 105. ENDOWMENT FUND.

13 (a) MANAGEMENT.—The endowment fund shall be

14 managed in accordance with the standard endowment poli15 cies established by the University of Tennessee System.

16 (b) USE OF INTEREST AND INVESTMENT INCOME.—

17 Interest and other investment income earned (on or after

18 the date of enactment of this subsection) from the endow19 ment fund may be used to carry out the duties of the

20 School under section 103.

21 (c) DISTRIBUTION OF INTEREST AND INVESTMENT

22 INCOME.—Funds realized from interest and other invest23 ment income earned (on or after the date of enactment

24 of this subsection) shall be available for expenditure by

25 the University for purposes consistent with section 103,
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1 as recommended by the Board. The Board shall encourage

2 programs to establish partnerships, to leverage private

3 funds, and to match expenditures from the endowment

4 fund.

5 SEC. 106. AUTHORIZATION OF APPROPRIATIONS.

6 There is authorized to be appropriated to carry out

7 this title $10,000,000. Funds appropriated under this sec8 tion shall remain available until expended.

9 TITLE II—JOHN GLENN INSTI10 TUTE FOR PUBLIC SERVICE

11 AND PUBLIC POLICY

12 SEC. 201. DEFINITIONS.

13 In this title:

14 (1) ENDOWMENT FUND.—The term ‘‘endow15 ment fund’’ means a fund established by the Univer16 sity for the purpose of generating income for the

17 support of the Institute.

18 (2) ENDOWMENT FUND CORPUS.—The term

19 ‘‘endowment fund corpus’’ means an amount equal

20 to the grant or grants awarded under this title plus

21 an amount equal to the matching funds required

22 under section 202(d).

23 (3) ENDOWMENT FUND INCOME.—The term

24 ‘‘endowment fund income’’ means an amount equal
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1 to the total value of the endowment fund minus the

2 endowment fund corpus.

3 (4) INSTITUTE.—The term ‘‘Institute’’ means

4 the John Glenn Institute for Public Service and

5 Public Policy described in section 202.

6 (5) SECRETARY.—The term ‘‘Secretary’’ means

7 the Secretary of Education.

8 (6) UNIVERSITY.—The term ‘‘University’’

9 means the Ohio State University at Columbus, Ohio.

10 SEC. 202. PROGRAM AUTHORIZED.

11 (a) GRANTS.—From the funds appropriated under

12 section 206, the Secretary is authorized to award a grant

13 to the Ohio State University for the establishment of an

14 endowment fund to support the John Glenn Institute for

15 Public Service and Public Policy. The Secretary may enter

16 into agreements with the University and include in any

17 agreement made pursuant to this title such provisions as

18 are determined necessary by the Secretary to carry out

19 this title.

20 (b) PURPOSES.—The Institute shall have the fol21 lowing purposes:

22 (1) To sponsor classes, internships, community

23 service activities, and research projects to stimulate

24 student participation in public service, in order to

25 foster America’s next generation of leaders.
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1 (2) To conduct scholarly research in conjunc2 tion with public officials on significant issues facing

3 society and to share the results of such research

4 with decisionmakers and legislators as the decision5 makers and legislators address such issues.

6 (3) To offer opportunities to attend seminars

7 on such topics as budgeting and finance, ethics, per8 sonnel management, policy evaluations, and regu9 latory issues that are designed to assist public offi10 cials in learning more about the political process and

11 to expand the organizational skills and policy-mak12 ing abilities of such officials.

13 (4) To educate the general public by sponsoring

14 national conferences, seminars, publications, and fo15 rums on important public issues.

16 (5) To provide access to Senator John Glenn’s

17 extensive collection of papers, policy decisions, and

18 memorabilia, enabling scholars at all levels to study

19 the Senator’s work.

20 (c) DEPOSIT INTO ENDOWMENT FUND.—The Uni21 versity shall deposit the proceeds of any grant received

22 under this section into the endowment fund.

23 (d) MATCHING FUNDS REQUIREMENT.—The Univer24 sity may receive a grant under this section only if the Uni25 versity has deposited in the endowment fund established
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1 under this title an amount equal to one-third of such grant

2 and has provided adequate assurances to the Secretary

3 that the University will administer the endowment fund

4 in accordance with the requirements of this title. The

5 source of the funds for the University match shall be de6 rived from State, private foundation, corporate, or indi7 vidual gifts or bequests, but may not include Federal

8 funds or funds derived from any other federally supported

9 fund.

10 (e) DURATION; CORPUS RULE.—The period of any

11 grant awarded under this section shall not exceed 20

12 years, and during such period the University shall not

13 withdraw or expend any of the endowment fund corpus.

14 Upon expiration of the grant period, the University may

15 use the endowment fund corpus, plus any endowment fund

16 income for any educational purpose of the University.

17 SEC. 203. INVESTMENTS.

18 (a) IN GENERAL.—The University shall invest the

19 endowment fund corpus and endowment fund income in

20 accordance with the University’s investment policy ap21 proved by the Ohio State University Board of Trustees.

22 (b) JUDGMENT AND CARE.—The University, in in23 vesting the endowment fund corpus and endowment fund

24 income, shall exercise the judgment and care, under cir25 cumstances then prevailing, which a person of prudence,
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1 discretion, and intelligence would exercise in the manage2 ment of the person’s own business affairs.

3 SEC. 204. WITHDRAWALS AND EXPENDITURES.

4 (a) IN GENERAL.—The University may withdraw and

5 expend the endowment fund income to defray any ex6 penses necessary to the operation of the Institute, includ7 ing expenses of operations and maintenance, administra8 tion, academic and support personnel, construction and

9 renovation, community and student services programs,

10 technical assistance, and research. No endowment fund in11 come or endowment fund corpus may be used for any type

12 of support of the executive officers of the University or

13 for any commercial enterprise or endeavor. Except as pro14 vided in subsection (b), the University shall not, in the

15 aggregate, withdraw or expend more than 50 percent of

16 the total aggregate endowment fund income earned prior

17 to the time of withdrawal or expenditure.

18 (b) SPECIAL RULE.—The Secretary is authorized to

19 permit the University to withdraw or expend more than

20 50 percent of the total aggregate endowment fund income

21 whenever the University demonstrates such withdrawal or

22 expenditure is necessary because of—

23 (1) a financial emergency, such as a pending in24 solvency or temporary liquidity problem;
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1 (2) a life-threatening situation occasioned by a

2 natural disaster or arson; or

3 (3) another unusual occurrence or exigent cir4 cumstance.

5 (c) REPAYMENT.—

6 (1) INCOME.—If the University withdraws or

7 expends more than the endowment fund income au8 thorized by this section, the University shall repay

9 the Secretary an amount equal to one-third of the

10 amount improperly expended (representing the Fed11 eral share thereof).

12 (2) CORPUS.—Except as provided in section

13 202(e)—

14 (A) the University shall not withdraw or

15 expend any endowment fund corpus; and

16 (B) if the University withdraws or expends

17 any endowment fund corpus, the University

18 shall repay the Secretary an amount equal to

19 one-third of the amount withdrawn or expended

20 (representing the Federal share thereof) plus

21 any endowment fund income earned thereon.

22 SEC. 205. ENFORCEMENT.

23 (a) IN GENERAL.—After notice and an opportunity

24 for a hearing, the Secretary is authorized to terminate a
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1 grant and recover any grant funds awarded under this sec2 tion if the University—

3 (1) withdraws or expends any endowment fund

4 corpus, or any endowment fund income in excess of

5 the amount authorized by section 204, except as

6 provided in section 202(e);

7 (2) fails to invest the endowment fund corpus

8 or endowment fund income in accordance with the

9 investment requirements described in section 203; or

10 (3) fails to account properly to the Secretary,

11 or the General Accounting Office if properly des12 ignated by the Secretary to conduct an audit of

13 funds made available under this title, pursuant to

14 such rules and regulations as may be prescribed by

15 the Comptroller General of the United States, con16 cerning investments and expenditures of the endow17 ment fund corpus or endowment fund income.

18 (b) TERMINATION.—If the Secretary terminates a

19 grant under subsection (a), the University shall return to

20 the Treasury of the United States an amount equal to the

21 sum of the original grant or grants under this title, plus

22 any endowment fund income earned thereon. The Sec23 retary may direct the University to take such other appro24 priate measures to remedy any violation of this title and

25 to protect the financial interest of the United States.
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1 SEC. 206. AUTHORIZATION OF APPROPRIATIONS.

2 There is authorized to be appropriated to carry out

3 this title $10,000,000. Funds appropriated under this sec4 tion shall remain available until expended.

5 TITLE III—OREGON INSTITUTE

6 OF PUBLIC SERVICE AND

7 CONSTITUTIONAL STUDIES

8 SEC. 301. DEFINITIONS.

9 In this title:

10 (1) ENDOWMENT FUND.—The term ‘‘endow11 ment fund’’ means a fund established by Portland

12 State University for the purpose of generating in13 come for the support of the Institute.

14 (2) INSTITUTE.—The term ‘‘Institute’’ means

15 the Oregon Institute of Public Service and Constitu16 tional Studies established under this title.

17 (3) SECRETARY.—The term ‘‘Secretary’’ means

18 the Secretary of Education.

19 SEC. 302. OREGON INSTITUTE OF PUBLIC SERVICE AND

20 CONSTITUTIONAL STUDIES.

21 From the funds appropriated under section 306, the

22 Secretary is authorized to award a grant to Portland State

23 University at Portland, Oregon, for the establishment of

24 an endowment fund to support the Oregon Institute of

25 Public Service and Constitutional Studies at the Mark O.
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1 Hatfield School of Government at Portland State Univer2 sity.

3 SEC. 303. DUTIES.

4 In order to receive a grant under this title the Port5 land State University shall establish the Institute. The In6 stitute shall have the following duties:

7 (1) To generate resources, improve teaching,

8 enhance curriculum development, and further the

9 knowledge and understanding of students of all ages

10 about public service, the United States Government,

11 and the Constitution of the United States of Amer12 ica.

13 (2) To increase the awareness of the impor14 tance of public service, to foster among the youth of

15 the United States greater recognition of the role of

16 public service in the development of the United

17 States, and to promote public service as a career

18 choice.

19 (3) To establish a Mark O. Hatfield Fellows

20 program for students of government, public policy,

21 public health, education, or law who have dem22 onstrated a commitment to public service through

23 volunteer activities, research projects, or employ24 ment.
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1 (4) To create library and research facilities for

2 the collection and compilation of research materials

3 for use in carrying out programs of the Institute.

4 (5) To support the professional development of

5 elected officials at all levels of government.

6 SEC. 304. ADMINISTRATION.

7 (a) LEADERSHIP COUNCIL.—

8 (1) IN GENERAL.—In order to receive a grant

9 under this title Portland State University shall en10 sure that the Institute operates under the direction

11 of a Leadership Council (in this title referred to as

12 the ‘‘Leadership Council’’) that—

13 ‘‘(A) consists of 15 individuals appointed

14 by the President of Portland State University;

15 and

16 ‘‘(B) is established in accordance with this

17 section.

18 (2) APPOINTMENTS.—Of the individuals ap19 pointed under paragraph (1)(A)—

20 (A) Portland State University, Willamette

21 University, the Constitution Project, George

22 Fox University, Warner Pacific University, and

23 Oregon Health Sciences University shall each

24 have a representative;
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1 (B) at least 1 shall represent Mark O.

2 Hatfield, his family, or a designee thereof;

3 (C) at least 1 shall have expertise in ele4 mentary and secondary school social sciences or

5 governmental studies;

6 (D) at least 2 shall be representative of

7 business or government and reside outside of

8 Oregon;

9 (E) at least 1 shall be an elected official;

10 and

11 (F) at least 3 shall be leaders in the pri12 vate sector.

13 (3) EX-OFFICIO MEMBER.—The Director of the

14 Mark O. Hatfield School of Government at Portland

15 State University shall serve as an ex-officio member

16 of the Leadership Council.

17 (b) CHAIRPERSON.—

18 (1) IN GENERAL.—The President of Portland

19 State University shall designate 1 of the individuals

20 first appointed to the Leadership Council under sub21 section (a) as the Chairperson of the Leadership

22 Council. The individual so designated shall serve as

23 Chairperson for 1 year.

24 (2) REQUIREMENT.—Upon the expiration of the

25 term of the Chairperson of the individual designated
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1 as Chairperson under paragraph (1), or the term of

2 the Chairperson elected under this paragraph, the

3 members of the Leadership Council shall elect a

4 Chairperson of the Leadership Council from among

5 the members of the Leadership Council.

6 SEC. 305. ENDOWMENT FUND.

7 (a) MANAGEMENT.—The endowment fund shall be

8 managed in accordance with the standard endowment poli9 cies established by the Oregon University System.

10 (b) USE OF INTEREST AND INVESTMENT INCOME.—

11 Interest and other investment income earned (on or after

12 the date of enactment of this subsection) from the endow13 ment fund may be used to carry out the duties of the Insti14 tute under section 303.

15 (c) DISTRIBUTION OF INTEREST AND INVESTMENT

16 INCOME.—Funds realized from interest and other invest17 ment income earned (on or after the date of enactment

18 of this subsection) shall be spent by Portland State Uni19 versity in collaboration with Willamette University, George

20 Fox University, the Constitution Project, Warner Pacific

21 University, Oregon Health Sciences University, and other

22 appropriate educational institutions or community-based

23 organizations. In expending such funds, the Leadership

24 Council shall encourage programs to establish partner-
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1 ships, to leverage private funds, and to match expendi2 tures from the endowment fund.

3 SEC. 306. AUTHORIZATION OF APPROPRIATIONS.

4 There is authorized to be appropriated to carry out

5 this title $3,000,000.

6 TITLE IV—PAUL SIMON PUBLIC

7 POLICY INSTITUTE

8 SEC. 401. DEFINITIONS.

9 In this title:

10 (1) ENDOWMENT FUND.—The term ‘‘endow11 ment fund’’ means a fund established by the Univer12 sity for the purpose of generating income for the

13 support of the Institute.

14 (2) ENDOWMENT FUND CORPUS.—The term

15 ‘‘endowment fund corpus’’ means an amount equal

16 to the grant or grants awarded under this title plus

17 an amount equal to the matching funds required

18 under section 402(d).

19 (3) ENDOWMENT FUND INCOME.—The term

20 ‘‘endowment fund income’’ means an amount equal

21 to the total value of the endowment fund minus the

22 endowment fund corpus.

23 (4) INSTITUTE.—The term ‘‘Institute’’ means

24 the Paul Simon Public Policy Institute described in

25 section 402.
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1 (5) SECRETARY.—The term ‘‘Secretary’’ means

2 the Secretary of Education.

3 (6) UNIVERSITY.—The term ‘‘University’’

4 means Southern Illinois University at Carbondale,

5 Illinois.

6 SEC. 402. PROGRAM AUTHORIZED.

7 (a) GRANTS.—From the funds appropriated under

8 section 406, the Secretary is authorized to award a grant

9 to Southern Illinois University for the establishment of an

10 endowment fund to support the Paul Simon Public Policy

11 Institute. The Secretary may enter into agreements with

12 the University and include in any agreement made pursu13 ant to this title such provisions as are determined nec14 essary by the Secretary to carry out this title.

15 (b) DUTIES.—In order to receive a grant under this

16 title, the University shall establish the Institute. The Insti17 tute, in addition to recognizing more than 40 years of pub18 lic service to Illinois, to the Nation, and to the world, shall

19 engage in research, analysis, debate, and policy rec20 ommendations affecting world hunger, mass media, for21 eign policy, education, and employment.

22 (c) DEPOSIT INTO ENDOWMENT FUND.—The Uni23 versity shall deposit the proceeds of any grant received

24 under this section into the endowment fund.
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1 (d) MATCHING FUNDS REQUIREMENT.—The Univer2 sity may receive a grant under this section only if the Uni3 versity has deposited in the endowment fund established

4 under this title an amount equal to one-third of such grant

5 and has provided adequate assurances to the Secretary

6 that the University will administer the endowment fund

7 in accordance with the requirements of this title. The

8 source of the funds for the University match shall be de9 rived from State, private foundation, corporate, or indi10 vidual gifts or bequests, but may not include Federal

11 funds or funds derived from any other federally supported

12 fund.

13 (e) DURATION; CORPUS RULE.—The period of any

14 grant awarded under this section shall not exceed 20

15 years, and during such period the University shall not

16 withdraw or expend any of the endowment fund corpus.

17 Upon expiration of the grant period, the University may

18 use the endowment fund corpus, plus any endowment fund

19 income for any educational purpose of the University.

20 SEC. 403. INVESTMENTS.

21 (a) IN GENERAL.—The University shall invest the

22 endowment fund corpus and endowment fund income in

23 those low-risk instruments and securities in which a regu24 lated insurance company may invest under the laws of the

25 State of Illinois, such as federally insured bank savings
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1 accounts or comparable interest bearing accounts, certifi2 cates of deposit, money market funds, or obligations of

3 the United States.

4 (b) JUDGMENT AND CARE.—The University, in in5 vesting the endowment fund corpus and endowment fund

6 income, shall exercise the judgment and care, under cir7 cumstances then prevailing, which a person of prudence,

8 discretion, and intelligence would exercise in the manage9 ment of the person’s own business affairs.

10 SEC. 404. WITHDRAWALS AND EXPENDITURES.

11 (a) IN GENERAL.—The University may withdraw and

12 expend the endowment fund income to defray any ex13 penses necessary to the operation of the Institute, includ14 ing expenses of operations and maintenance, administra15 tion, academic and support personnel, construction and

16 renovation, community and student services programs,

17 technical assistance, and research. No endowment fund in18 come or endowment fund corpus may be used for any type

19 of support of the executive officers of the University or

20 for any commercial enterprise or endeavor. Except as pro21 vided in subsection (b), the University shall not, in the

22 aggregate, withdraw or expend more than 50 percent of

23 the total aggregate endowment fund income earned prior

24 to the time of withdrawal or expenditure.
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1 (b) SPECIAL RULE.—The Secretary is authorized to

2 permit the University to withdraw or expend more than

3 50 percent of the total aggregate endowment fund income

4 whenever the University demonstrates such withdrawal or

5 expenditure is necessary because of—

6 (1) a financial emergency, such as a pending in7 solvency or temporary liquidity problem;

8 (2) a life-threatening situation occasioned by a

9 natural disaster or arson; or

10 (3) another unusual occurrence or exigent cir11 cumstance.

12 (c) REPAYMENT.—

13 (1) INCOME.—If the University withdraws or

14 expends more than the endowment fund income au15 thorized by this section, the University shall repay

16 the Secretary an amount equal to one-third of the

17 amount improperly expended (representing the Fed18 eral share thereof).

19 (2) CORPUS.—Except as provided in section

20 402(e)—

21 (A) the University shall not withdraw or

22 expend any endowment fund corpus; and

23 (B) if the University withdraws or expends

24 any endowment fund corpus, the University

25 shall repay the Secretary an amount equal to
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1 one-third of the amount withdrawn or expended

2 (representing the Federal share thereof) plus

3 any endowment fund income earned thereon.

4 SEC. 405. ENFORCEMENT.

5 (a) IN GENERAL.—After notice and an opportunity

6 for a hearing, the Secretary is authorized to terminate a

7 grant and recover any grant funds awarded under this sec8 tion if the University—

9 (1) withdraws or expends any endowment fund

10 corpus, or any endowment fund income in excess of

11 the amount authorized by section 404, except as

12 provided in section 402(e);

13 (2) fails to invest the endowment fund corpus

14 or endowment fund income in accordance with the

15 investment requirements described in section 403; or

16 (3) fails to account properly to the Secretary,

17 or the General Accounting Office if properly des18 ignated by the Secretary to conduct an audit of

19 funds made available under this title, pursuant to

20 such rules and regulations as may be proscribed by

21 the Comptroller General of the United States, con22 cerning investments and expenditures of the endow23 ment fund corpus or endowment fund income.

24 (b) TERMINATION.—If the Secretary terminates a

25 grant under subsection (a), the University shall return to
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1 the Treasury of the United States an amount equal to the

2 sum of the original grant or grants under this title, plus

3 any endowment fund income earned thereon. The Sec4 retary may direct the University to take such other appro5 priate measures to remedy any violation of this title and

6 to protect the financial interest of the United States.

7 SEC. 406. AUTHORIZATION OF APPROPRIATIONS.

8 There is authorized to be appropriated to carry out

9 this title $3,000,000. Funds appropriated under this sec10 tion shall remain available until expended.

11 TITLE V—ROBERT T. STAFFORD

12 PUBLIC POLICY INSTITUTE

13 SEC. 501. DEFINITIONS.

14 In this title:

15 (1) ENDOWMENT FUND.—The term ‘‘endow16 ment fund’’ means a fund established by the Robert

17 T. Stafford Public Policy Institute for the purpose

18 of generating income for the support of authorized

19 activities.

20 (2) ENDOWMENT FUND CORPUS.—The term

21 ‘‘endowment fund corpus’’ means an amount equal

22 to the grant or grants awarded under this title.

23 (3) ENDOWMENT FUND INCOME.—The term

24 ‘‘endowment fund income’’ means an amount equal
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1 to the total value of the endowment fund minus the

2 endowment fund corpus.

3 (4) INSTITUTE.—The term ‘‘institute’’ means

4 the Robert T. Stafford Public Policy Institute.

5 (5) SECRETARY.—The term ‘‘Secretary’’ means

6 the Secretary of Education.

7 SEC. 502. PROGRAM AUTHORIZED.

8 (a) GRANTS.—From the funds appropriated under

9 section 505, the Secretary is authorized to award a grant

10 in an amount of $5,000,000 to the Robert T. Stafford

11 Public Policy Institute.

12 (b) APPLICATION.—No grant payment may be made

13 under this section except upon an application at such time,

14 in such manner, and containing or accompanied by such

15 information as the Secretary may require.

16 SEC. 503. AUTHORIZED ACTIVITIES.

17 Funds appropriated under this title may be used—

18 (1) to further the knowledge and understanding

19 of students of all ages about education, the environ20 ment, and public service;

21 (2) to increase the awareness of the importance

22 of public service, to foster among the youth of the

23 United States greater recognition of the role of pub24 lic service in the development of the United States,

25 and to promote public service as a career choice;
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1 (3) to provide or support scholarships;

2 (4) to conduct educational, archival, or preser3 vation activities;

4 (5) to construct or renovate library and re5 search facilities for the collection and compilation of

6 research materials for use in carrying out programs

7 of the Institute;

8 (6) to establish or increase an endowment fund

9 for use in carrying out the programs of the Insti10 tute.

11 SEC. 504. ENDOWMENT FUND.

12 (a) MANAGEMENT.—An endowment fund created

13 with funds authorized under this title shall be managed

14 in accordance with the standard endowment policies estab15 lished by the Institute.

16 (b) USE OF ENDOWMENT FUND INCOME.—Endow17 ment fund income earned (on or after the date of enact18 ment of this title) may be used to support the activities

19 authorized under section 503.
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1 SEC. 505. AUTHORIZATION OF APPROPRIATIONS.

2 There are authorized to be appropriated to carry out

3 this title $5,000,000. Funds appropriated under this sec4 tion shall remain available until expended.

Passed the Senate November 2, 1999.

Attest: GARY SISCO,

Secretary.