I
106TH CONGRESS
2D SESSION
H. R. 4180
To authorize the Librarian of Congress to establish certain programs and
activities of the Library of Congress as programs to be administered
through a revolving fund, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
APRIL 5, 2000
Mr. HOYER introduced the following bill; which was referred to the Committee
on House Administration
A BILL
To authorize the Librarian of Congress to establish certain
programs and activities of the Library of Congress as
programs to be administered through a revolving fund,
and for other purposes.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ‘‘Library of Congress
Financial Management Act of 2000’’.
TITLE I—LIBRARY OF CONGRESS
REVOLVING FUND
SEC. 101. AVAILABILITY OF FUND FOR ACTIVITIES.
The Librarian of Congress (hereafter in this Act re-
ferred to as the ‘‘Librarian’’) is authorized—
(1) to establish the activities described in sec-
tion 102 as Revolving Fund service activities; and
(2) to establish Revolving Fund service units,
which may be partially or fully sustained through
the Library of Congress Revolving Fund established
under section 103, to carry out such activities.
SEC. 102. ACTIVITIES DESCRIBED.
The activities described in this section are as follows:
(1) The preparation of research reports, trans-
lations, analytical studies, and related services for
any entity of the Federal Government or the govern-
ment of the District of Columbia.
(2) The provision of any of the following serv-
ices for entities of the Federal Government or the
government of the District of Columbia:
(A) The centralized acquisition of publica-
tions and library materials in any format.
(B) Information, research, and library sup-
port services.
(C) Training in library and information
services.
(D) Services related to any of the services
described in the preceding subparagraphs.
(3) Decimal classification development.
(4) The operation of a gift shop or other sales
of items associated with collections, exhibits, per-
formances, and special events of the Library of Con-
gress.
(5) The location, copying, storage, preservation,
and delivery services for library documents and
audio-visual materials (other than basic domestic
interlibrary loan services), and international inter-
library lending.
(6) Special events and programs, performances,
exhibits, workshops, and training.
(7) The cooperative acquisitions program de-
scribed in section 207 of the Legislative Branch Ap-
propriations Act, 1998 (2 U.S.C. 182).
SEC. 103. LIBRARY OF CONGRESS REVOLVING FUND.
(a) IN GENERAL.—
(1) ESTABLISHMENT.—There is established in
the Treasury a revolving fund to be known as the
‘‘Library of Congress Revolving Fund’’ (hereafter in
this Act referred to as the ‘‘Fund’’).
(2) CONTENTS.—The Fund shall consist of the
following amounts:
(A) Amounts deposited under subsection
(b).
(B) Credits under subsection (c).
(C) Such other amounts as may be appro-
priated for the Fund under law.
(3) USE OF AMOUNTS IN FUND.—Amounts in
the Fund shall be available to the Librarian without
fiscal year limitation to carry out Revolving Fund
service activities under this Act. Obligations for such
activities for any fiscal year are limited to the total
amounts specified in appropriations Acts for such
fiscal year.
(b) AMOUNTS DEPOSITED.—
(1) FUNDS
ATTRIBUTABLE
TO
REVOLVING
FUND
SERVICE
ACTIVITIES.—Upon the establish-
ment by the Librarian of an activity as a Revolving
Fund service activity under section 101, the Librar-
ian shall transfer to the Fund the following:
(A) Notwithstanding the requirements of
section 1535(d) of title 31, United States Code,
any obligated, unexpended balances existing as
of the date of the establishment which are at-
tributable to such activity.
(B) An amount equal to the difference
between—
(i) the total value of the supplies, in-
ventories, equipment, gift fund balances,
and other assets of the activity; and
(ii) the total value of the liabilities
(including the value of accrued annual
leave of employees) of the activity.
(C) In the case of the cooperative acquisi-
tions program described in section 207 of the
Legislative Branch Appropriations Act, 1998,
the balance existing in the Cooperative Acquisi-
tions Program Revolving Fund established
under section 207(a) of such Act as of the date
of the establishment of the program as a Re-
volving Fund service activity.
(2) TEMPORARY
TRANSFERS
OF
PREVIOUSLY
APPROPRIATED FUNDS.—The Librarian may tempo-
rarily transfer to the Fund other funds appropriated
to the Library of Congress, except that the Fund
shall reimburse the appropriate accounts of the Li-
brary of Congress for amounts so transferred before
the period of availability of the Library appropria-
tion expires.
(c) CREDITS.—The Fund shall be credited with all
amounts received by the Librarian which are attributable
to Revolving Fund service activities, including—
(1) fees, advances, and reimbursements;
(2) gifts or bequests of money or property for
credit to such activity or the Fund;
(3) receipts from sales and exchanges of prop-
erty;
(4) payments for loss or damage to property;
and
(5) receivables, inventories, and other assets.
(d) INDIVIDUAL ACCOUNTING REQUIREMENT.—A
separate account shall be maintained in the Fund with re-
spect to each Revolving Fund service unit.
(e) EXCESS FUNDS.—At such times as the Librarian
determines to be appropriate, the Librarian shall transfer
any amount in the Fund that the Librarian determines
to be in excess of the amount required by the Fund to
the Treasury for deposit as miscellaneous receipts.
(f) ANNUAL REPORT.—Not later than March 31 of
each year, the Librarian shall submit to Congress an au-
dited financial statement for the Fund for the preceding
fiscal year. The audit of such statement shall be conducted
in accordance with Government Auditing Standards for fi-