(d) CONTENTS OF FUND.—
(1) IN GENERAL.—Each account of the revolv-
ing fund under this section shall consist of the fol-
lowing amounts:
(A) Amounts deposited by the Librarian
under subsection (c).
(B) Any other amounts received by the Li-
brarian which are attributable to the program
covered by such account.
(C) Amounts deposited by the Librarian
under paragraph (2).
(D) Such other amounts as may be appro-
priated under law.
(2) DEPOSIT OF FUNDS DURING TRANSITION.—
Notwithstanding section 1535(d) of title 31, United
States Code, the Librarian shall transfer to the ap-
propriate account of the revolving fund under this
section the following:
(A) Any obligated, unexpended balances
existing as of the date of the transfer which are
attributable to the FEDLINK program or the
Federal Research program.
(B) An amount equal to the difference as
of such date between—
(i) the total value of the supplies, in-
ventories, equipment, gift fund balances,
and other assets attributable to such pro-
gram; and
(ii) the total value of the liabilities at-
tributable to such program.
(e) USE OF AMOUNTS IN FUND.—Amounts in the ac-
counts of the revolving fund under this section shall be
available to the Librarian, in amounts specified in appro-
priations Acts, to carry out the program covered by each
such account.
(f) PROGRAMS DESCRIBED.—
(1) 
FEDLINK.—In 
this 
section, 
the
‘‘FEDLINK program’’ is the program of the Li-
brary of Congress under which the Librarian pro-
vides the following services on behalf of participating
Federal libraries, Federal information centers, other
entities of the Federal government, and the District
of Columbia:
(A) The procurement of commercial infor-
mation services, publications in any format, and
library support services.
(B) Related accounting services.
(C) Related education, information, and
support services.
(2) FEDERAL
RESEARCH
PROGRAM.—In this
section, the ‘‘Federal Research program’’ is the pro-
gram of the Library of Congress under which the
Librarian provides research reports, translations,
and analytical studies for entities of the Federal
Government and the District of Columbia (other
than any program of the Congressional Research
Service).
SEC. 104. AUDITS BY COMPTROLLER GENERAL.
Each of the revolving funds established under this
title shall be subject to audit by the Comptroller General
at the Comptroller General’s discretion.
SEC. 105. EFFECTIVE DATE.
The provisions of this title shall apply with respect
to fiscal year 2002 and each succeeding fiscal year.
TITLE II—LIBRARY OF
CONGRESS TRUST FUND BOARD
SEC. 201. REVISIONS TO MEMBERSHIP AND OPERATION OF
LIBRARY OF CONGRESS TRUST FUND BOARD.
(a) ADDITION OF VICE CHAIR OF JOINT COMMITTEE
ON THE LIBRARY AS BOARD MEMBER.—Section 1 of the
Act entitled ‘‘An Act to create a Library of Congress
Trust Fund Board, and for other purposes’’, approved
March 3, 1925 (2 U.S.C. 154), is amended in the first
sentence of the first paragraph by inserting ‘‘and the vice
chair’’ after ‘‘chairman’’.
(b) QUORUM REQUIREMENT.—Section 1 of such Act
(2 U.S.C. 154) is amended in the second sentence of the
first paragraph by striking ‘‘Nine’’ and inserting ‘‘Seven’’.
(c) TEMPORARY EXTENSION
OF BOARD MEMBER
TERM.—Section 1 of such Act (2 U.S.C. 154) is amended
in the first paragraph by inserting after the first sentence
the following: ‘‘Upon request of the chair of the Board,
any member whose term has expired may continue to serve
on the Trust Fund Board until the earlier of the date on
which such member’s successor is appointed or the expira-
tion of the 1-year period which begins on the date such
member’s term expires.’’.
SEC. 202. EFFECTIVE DATE.
The amendments made by this title shall take effect
on the date of the enactment of this Act.
Æ