(f) QUALITY AND SAFETY IN STUDY ABROAD.—In 
administering the program established under subsection 
(a), the Foundation shall require that institutions receiv-
ing grants demonstrate that— 
(1) the study abroad programs for which stu-
dents receive grant funds are for academic credit; 
and 
(2) the programs have established health and 
safety guidelines and procedures. 
SEC. 7. ANNUAL REPORT. 
(a) REPORT REQUIRED.—Not later than March 31, 
2008, and each March 31 thereafter December 15, 2008, 
and each December 15 thereafter, the Foundation shall sub-
mit to the appropriate congressional committees a report 
on the implementation of this Act during the prior fiscal 
year. 
(b) CONTENTS.—The report required by subsection 
(a) shall include— 
(1) the total financial resources available to the 
Foundation during the year, including appropriated 
funds, the value and source of any gifts or donations 
accepted pursuant to section 8(a)(6), and any other 
resources; 
(2) a description of the Board’s policy priorities 
for the year and the bases upon which competitive 
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grant proposals were solicited and awarded to insti-
tutions of higher education, nongovernmental insti-
tutions, and consortiums pursuant to section 
6(a)(2)(B) and 6(a)(2)(C); 
(3) a list of grants made to institutions of high-
er education, nongovernmental institutions, and con-
sortiums pursuant to section 6(a)(2)(B) and 
6(a)(2)(C) that includes the identity of the institu-
tional recipient, the dollar amount, and the , the es-
timated number of study abroad opportunities pro-
vided to United States students by each grant, the 
amount of the grant used by each institution for ad-
ministrative expenses, and information on cost-shar-
ing by each institution receiving a grant; 
(4) a description of the bases upon which the 
Foundation made grants directly to United States 
students pursuant to section 6(a)(2)(A); 
(5) the number and total dollar amount of 
grants made directly to United States students by 
the Foundation pursuant to section 6(a)(2)(A); and 
(6) the total administrative and operating ex-
penses of the Foundation for the year, as well as 
specific information on— 
(A) the number of Foundation employees 
and the cost of compensation for Board mem-
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bers, Foundation employees, and personal serv-
ice contractors; 
(B) costs associated with securing the use 
of real property for carrying out the functions 
of the Foundation; 
(C) total travel expenses incurred by Board 
members and Foundation employees in connec-
tion with Foundation activities; and 
(D) total representational expenses. 
SEC. 8. POWERS OF THE FOUNDATION; RELATED PROVI-
SIONS. 
(a) POWERS.—The Foundation— 
(1) shall have perpetual succession unless dis-
solved by a law enacted after the date of the enact-
ment of this Act; 
(2) may adopt, alter, and use a seal, which shall 
be judicially noticed; 
(3) may make and perform such contracts, 
grants, and other agreements with any person or 
government however designated and wherever situ-
ated, as may be necessary for carrying out the func-
tions of the Foundation; 
(4) may determine and prescribe the manner in 
which its obligations shall be incurred and its ex-
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penses allowed and paid, including expenses for rep-
resentation; 
(5) may lease, purchase, or otherwise acquire, 
improve, and use such real property wherever situ-
ated, as may be necessary for carrying out the func-
tions of the Foundation; 
(6) may accept cash gifts or donations of serv-
ices or of property (real, personal, or mixed), tan-
gible or intangible, for the purpose of carrying out 
the provisions of this Act; 
(7) may use the United States mails in the 
same manner and on the same conditions as the ex-
ecutive departments; 
(8) may contract with individuals for personal 
services, who shall not be considered Federal em-
ployees for any provision of law administered by the 
Office of Personnel Management; 
(9) may hire or obtain passenger motor vehi-
cles; and 
(10) shall have such other powers as may be 
necessary and incident to carrying out this Act. 
(b) PRINCIPAL
OFFICE.—The Foundation shall 
maintain its principal office in the metropolitan area of 
Washington, District of Columbia. 
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(c) APPLICABILITY OF GOVERNMENT CORPORATION 
CONTROL ACT.— 
(1) IN
GENERAL.—The Foundation shall be 
subject to chapter 91 of subtitle VI of title 31, 
United States Code, except that the Foundation 
shall not be authorized to issue obligations or offer 
obligations to the public. 
(2) 
CONFORMING
AMENDMENT.—Section 
9101(3) of title 31, United States Code, is amended 
by adding at the end the following: 
‘‘(R) the Senator Paul Simon Study 
Abroad Foundation.’’. 
(d) INSPECTOR GENERAL.— 
(1) IN
GENERAL.—The Inspector General of 
the Department of State shall serve as Inspector 
General of the Foundation, and, in acting in such 
capacity, may conduct reviews, investigations, and 
inspections of all aspects of the operations and ac-
tivities of the Foundation. 
(2) AUTHORITY OF THE BOARD.—In carrying 
out the responsibilities under this subsection, the In-
spector General shall report to and be under the 
general supervision of the Board. 
(3) REIMBURSEMENT AND AUTHORIZATION OF 
SERVICES.— 
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(A) REIMBURSEMENT.—The Foundation 
shall reimburse the Department of State for all 
expenses incurred by the Inspector General in 
connection with the Inspector General’s respon-
sibilities under this subsection. 
(B) AUTHORIZATION
FOR
SERVICES.—Of 
the amount authorized to be appropriated 
under section 10(a) for a fiscal year, up to 
$2,000,000 is authorized to be made available 
to the Inspector General of the Department of 
State to conduct reviews, investigations, and in-
spections of operations and activities of the 
Foundation. 
SEC. 9. GENERAL PERSONNEL AUTHORITIES. 
(a) DETAIL OF PERSONNEL.—Upon request of the 
Chief Executive Officer, the head of an agency may detail 
any employee of such agency to the Foundation on a reim-
bursable basis. Any employee so detailed remains, for the 
purpose of preserving such employee’s allowances, privi-
leges, rights, seniority, and other benefits, an employee of 
the agency from which detailed. 
(b) REEMPLOYMENT RIGHTS.— 
(1) IN GENERAL.—An employee of an agency 
who is serving under a career or career conditional 
appointment (or the equivalent), and who, with the 
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consent of the head of such agency, transfers to the 
Foundation, is entitled to be reemployed in such em-
ployee’s former position or a position of like senior-
ity, status, and pay in such agency, if such em-
ployee— 
(A) is separated from the Foundation for 
any reason, other than misconduct, neglect of 
duty, or malfeasance; and 
(B) applies for reemployment not later 
than 90 days after the date of separation from 
the Foundation. 
(2) SPECIFIC RIGHTS.—An employee who satis-
fies paragraph (1) is entitled to be reemployed (in 
accordance with such paragraph) within 30 days 
after applying for reemployment and, on reemploy-
ment, is entitled to at least the rate of basic pay to 
which such employee would have been entitled had 
such employee never transferred. 
(c) HIRING AUTHORITY.—Of persons employed by 
the Foundation, not to exceed 30 persons 20 persons may 
be appointed, compensated, or removed without regard to 
the civil service laws and regulations. 
(d) BASIC PAY.—The Chief Executive Officer may fix 
the rate of basic pay of employees of the Foundation with-
out regard to the provisions of chapter 51 of title 5, 
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United States Code (relating to the classification of posi-
tions), subchapter III of chapter 53 of such title (relating 
to General Schedule pay rates), except that no employee 
of the Foundation may receive a rate of basic pay that 
exceeds the rate for level IV of the Executive Schedule 
under section 5315 of such title. 
(e) DEFINITIONS.—In this section— 
(1) the term ‘‘agency’’ means an executive 
agency, as defined by section 105 of title 5, United 
States Code; and 
(2) the term ‘‘detail’’ means the assignment or 
loan of an employee, without a change of position, 
from the agency by which such employee is employed 
to the Foundation. 
SEC. 10. GAO REVIEW. 
(a) REVIEW REQUIRED.—Not later than two years 
after the date of the enactment of this Act, the Comptroller 
General of the United States shall commence a review of 
the operations of the Foundation. 
(b) CONTENT.—In conducting the review required 
under subsection (a), the Comptroller General shall ana-
lyze— 
(1) whether the Foundation is organized and op-
erating in a manner that will permit it to fulfill the 
purposes of this Act, as set forth in section 3; 
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(2) the degree to which the Foundation is oper-
ating efficiently and in a manner consistent with the 
requirements of paragraphs (4) and (5) of section 
5(b); 
(3) whether grantmaking by the Foundation is 
being undertaken in a manner consistent with sub-
sections (d), (e), and (f) of section 6; 
(4) the extent to which the Foundation is using 
best practices in the implementation of this Act and 
the administration of the program described in sec-
tion 6; and 
(5) other relevant matters, as determined by the 
Comptroller General, after consultation with the ap-
propriate congressional committees. 
(c) REPORT REQUIRED.—The Comptroller General 
shall submit a report on the results of the review conducted 
under subsection (a) to the Secretary of State (in the capac-
ity of the Secretary as Chairperson of the Board of the 
Foundation) and to the appropriate congressional commit-
tees. 
SEC. 1011. AUTHORIZATION OF APPROPRIATIONS. 
(a) AUTHORIZATION OF APPROPRIATIONS.— 
(1) IN GENERAL.—There are authorized to be 
appropriated to carry out this Act $80,000,000 for 
fiscal year 2008 and each subsequent fiscal year. 
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