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(2) to acquire by purchase or exchange any real
or personal property or interest therein;
(3) unless otherwise required by the instrument
of transfer, to sell, donate, lease, invest, reinvest, re-
tain, or otherwise dispose of any property or income
therefrom;
(4) to borrow money and issue bonds, deben-
tures, or other debt instruments;
(5) to sue and be sued, and complain and de-
fend itself in any court of competent jurisdiction, ex-
cept that the Directors of the Board shall not be
personally liable, except for gross negligence;
(6) to enter into contracts or other arrange-
ments with public agencies and private organizations
and persons and to make such payments as may be
necessary to carry out its functions; and
(7) to do any and all acts necessary and proper
to carry out the purposes of the Foundation.
A gift, devise, or bequest may be accepted by the Founda-
tion even though it is encumbered, restricted, or subject
to beneficial interests of private persons, if any current
or future interest therein is for the benefit of the Founda-
tion.
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SEC. 205. ADMINISTRATIVE SERVICES AND SUPPORT.
The Librarian may provide personnel, facilities, and
other administrative services to the Foundation, including
reimbursement of expenses under section 203, not to ex-
ceed the current per diem rates for the Federal Govern-
ment, and the Foundation shall reimburse the Librarian
therefor. Amounts so reimbursed shall be deposited in the
Treasury to the credit of the appropriations then current
and chargeable for the cost of providing such services.
SEC. 206. VOLUNTEER STATUS.
The Librarian may accept, without regard to the civil
service classification laws, rules, or regulations, the serv-
ices of the Foundation, the Board, and other officers and
employees of the Board, without compensation from the
Library of Congress, as volunteers in the performance of
the functions authorized in this title.
SEC. 207. AUDITS, REPORT REQUIREMENTS, AND PETITION
OF ATTORNEY GENERAL, FOR EQUITABLE
RELIEF.
(a) AUDITS.—The Foundation shall be treated as a
private corporation established under Federal law for pur-
poses of the Act entitled ‘‘An Act to provide for audit of
accounts of private corporations established under Federal
law.’’, approved August 30, 1964 (36 U.S.C. 1101–1103).
(b) REPORT.—The Foundation shall, as soon as prac-
ticable after the end of each fiscal year, transmit to the
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Congress a report of its proceedings and activities during
such year, including a full and complete statement of its
receipts, expenditures, and investments.
(c) RELIEF WITH RESPECT TO CERTAIN FOUNDA-
TION ACTS OR FAILURE TO ACT.—If the Foundation—
(1) engages in, or threatens to engage in, any
act, practice, or policy that is inconsistent with its
purposes set forth in section 202(b), or
(2) refuses, fails, or neglects to discharge its
obligations under this title, or threatens to do so,
the Attorney General of the United States may file a peti-
tion in the United States District Court for the District
of Columbia for such equitable relief as may be necessary
or appropriate.
SEC. 208. UNITED STATES RELEASE FROM LIABILITY.
The United States shall not be liable for any debts,
defaults, acts, or omissions of the Foundation, nor shall
the full faith and credit of the United States extend to
any obligation of the Foundation.
SEC. 209. AUTHORIZATION OF APPROPRIATIONS.
(a) AUTHORIZATION.—There are authorized to be ap-
propriated to the Library of Congress such sums as may
be necessary to carry out the purposes of this title, not
to exceed $250,000 for each of the fiscal years 2000
through 2003, to be made available to the Foundation to
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match private contributions (whether in currency, services,
or property) made to the Foundation by private persons
and State and local governments.
(b) ADMINISTRATIVE EXPENSES.—No Federal funds
authorized under this section may be used by the Founda-
tion for administrative expenses of the Foundation, includ-
ing for salaries, travel, and transportation expenses, and
other overhead expenses.
Passed the House of Representatives July 29, 1996.
Attest:
ROBIN H. CARLE,
Clerk.