the Association in which any such amount is re-
ceived and continuing until all such amounts re-
ceived by the Association with respect to such sur-
charges are fully expended or placed in trust.
(2) MINIMUM REQUIREMENTS FOR ANNUAL AU-
DITS.—At a minimum, each audit of the Association
pursuant to paragraph (1) shall report—
(A) the amount of payments received by
the Association during the fiscal year of the As-
sociation for which the audit is conducted which
are derived from the proceeds of any surcharge
imposed on the sale of coins issued under this
Act;
(B) the amount expended by the Associa-
tion from the proceeds of such surcharges dur-
ing the fiscal year of the Association for which
the audit is conducted; and
(C) whether all expenditures by the Asso-
ciation from the proceeds of such surcharges
during the fiscal year of the Association for
which the audit is conducted were for author-
ized purposes.
(3) RESPONSIBILITY OF ASSOCIATION TO AC-
COUNT FOR EXPENDITURES OF SURCHARGES.—The
Association shall take appropriate steps, as a condi-
tion for receiving any payment of any amount de-
rived from the proceeds of any surcharge imposed on
the sale of coins issued under this Act, to ensure
that the receipt of the payment and the expenditure
of the proceeds of such surcharge by the Association
in each fiscal year of the Association can be ac-
counted for separately from all other revenues and
expenditures of the Association.
(4) SUBMISSION OF AUDIT REPORT.—Not later
than 90 days after the end of any fiscal year of the
Association for which an audit is required under
paragraph (1), the Association shall—
(A) submit a copy of the report to the Sec-
retary of the Treasury; and
(B) make a copy of the report available to
the public.
(5) USE OF SURCHARGES FOR AUDITS.—The
Association may use any amount received from pay-
ments derived from the proceeds of any surcharge
imposed on the sale of coins issued under this Act
to pay the cost of an audit required under para-
graph (1).
(6) WAIVER OF SUBSECTION.—The Secretary
of the Treasury may waive the application of any
paragraph of this subsection to the Association for
any fiscal year after taking into account the amount
of surcharges which the Association received or ex-
pended during such year.
(7) AVAILABILITY OF BOOKS AND RECORDS.—
The Association shall provide, as a condition for re-
ceiving any payment derived from the proceeds of
any surcharge imposed on the sale of coins issued
under this Act, to the Inspector General of the De-
partment of the Treasury or the Comptroller Gen-
eral of the United States, upon the request of such
Inspector General or the Comptroller General, all
books, records, and workpapers belonging to or used
by the Association, or by any independent public ac-
countant who audited the Association in accordance
with paragraph (1), which may relate to the receipt
or expenditure of any such amount by the Associa-
tion.
(c) USE OF AGENTS OR ATTORNEYS TO INFLUENCE
COMMEMORATIVE COIN LEGISLATION.—No portion of any
payment to the Association from amounts derived from
the proceeds of surcharges imposed on the sale of coins
issued under this Act may be used, directly or indirectly,
by the Association to compensate any agent or attorney
for services rendered to support or influence in any way
legislative action of the Congress relating to the coins
minted and issued under this Act.
Passed the House of Representatives September 17,
1996.
Attest:
Clerk.