(b) EXPENDITURES.—Amounts in the account de-
scribed in subsection (a) shall be available to the Librar-
ian, to the extent provided in appropriations Acts, until
expended, for the acquisition of books, periodicals,
phonorecords, and other materials, including the costs of
administering the national and international acquisition
programs of the Library.
TITLE IV—AMENDMENTS TO THE
LIBRARY 
OF 
CONGRESS
TRUST FUND BOARD ACT
SEC. 401. ADDITIONAL MEMBERSHIP ON THE LIBRARY OF
CONGRESS TRUST FUND BOARD.
The first sentence of the first paragraph of the first
section 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 by
inserting after ‘‘the chairman’’ the following: ‘‘and the vice
chairman’’.
SEC. 402. LIMIT ON AMOUNT ON DEPOSIT IN THE PERMA-
NENT 
LOAN 
ACCOUNT, 
UNITED 
STATES
TREASURY.
The proviso in the third undesignated paragraph of
section 2 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. 158), is amended by
striking out ‘‘$10,000,000’’ and inserting in lieu thereof
‘‘$20,000,000’’.
SEC. 403. TEMPORARY INVESTMENT AUTHORITY.
Section 2 of the Act entitled ‘‘An Act to create a Li-
brary of Congress Trust Fund Board, and for other pur-
poses’’, approved March 3, 1925, is amended—
(1) in the third undesignated paragraph (2
U.S.C. 158), by inserting after ‘‘subject to’’ the fol-
lowing: ‘‘subsequent’’; and
(2) in the second sentence of the fourth undes-
ignated paragraph (2 U.S.C. 158a), by inserting
after ‘‘retained’’ the following: ‘‘by the Librarian’’.
SEC. 404. AUTHORITY TO TRANSFER GIFT FUNDS TO THE
BOARD.
Section 4 of the Act entitled ‘‘An Act to create a Li-
brary of Congress Trust Fund Board, and for other pur-
poses’’, approved March 3, 1925 (2 U.S.C. 160), is
amended by adding at the end the following new undesig-
nated paragraph:
‘‘Gifts or bequests accepted by the Librarian under
the authority of this section may subsequently be offered
by the Librarian to the Board in cases where the Librar-
ian determines, and the Board agrees, that the purposes
of the gift or bequest would best be accomplished by the
Board’s authority to invest and reinvest monies or securi-
ties donated or bequeathed.’’.
TITLE 
V—AMENDMENTS 
TO
COPYRIGHT 
ARBITRATION
ROYALTY PANELS LEGISLA-
TION
SEC. 501. ARBITRATION PROCEEDINGS.
Section 802(c) of title 17, United States Code, is
amended by striking out the last two sentences.
SEC. 502. ADMINISTRATIVE MATTERS.
Section 802(h) of title 17, United States Code, is
amended by striking out paragraph (1), by redesignating
paragraph (2) as paragraph (5), and by inserting after
the section heading the following new paragraphs:
‘‘(1) DEDUCTION OR ASSESSMENT OF COSTS OF
THE LIBRARY OF CONGRESS AND THE COPYRIGHT
OFFICE.—The Librarian of Congress and the Reg-
ister of Copyrights may, to the extent not otherwise
provided under this title, deduct from royalty fees
deposited or collected under this title the reasonable
costs incurred by the Library of Congress and the
Copyright Office under this chapter. Such deduction
may be made before the fees are distributed to any
copyright claimants. If no royalty pool exists from
which their costs can be deducted, the Librarian of
Congress and the Copyright Office may assess their
reasonable costs directly to the parties to the most
recent relevant arbitration proceeding.
‘‘(2) DEDUCTION OF COSTS OF THE COPYRIGHT
ARBITRATION
ROYALTY
PANELS
IN
DISTRIBUTION
PROCEEDINGS FROM ROYALTY FEES.—In distribu-
tion proceedings, the Librarian of Congress and the
Register of Copyrights may deduct from royalty fees
deposited or collected under this title the reasonable
costs incurred by the copyright arbitration royalty
panels, and pay the arbitrators from such deductions
at such intervals and in such manner as the Librar-
ian of Congress shall by regulation provide. Such de-
duction may be made before the fees are distributed
to any copyright claimants. Claimants shall bear the
costs of the copyright arbitration royalty panels in
direct proportion to their share of the distribution.
‘‘(3) PAYMENT OF COSTS OF THE COPYRIGHT
ARBITRATION
ROYALTY
PANELS
IN
RATEMAKING
PROCEEDINGS.—In ratemaking proceedings, the Li-
brarian of Congress and the Register of Copyrights
may require the parties to pay the costs of the copy-
right arbitration royalty panels to the Librarian of
Congress who shall, in turn, make payments to the
arbitrators, at such intervals and in such manner as
the Librarian of Congress shall by regulation pro-
vide. The parties to such proceedings shall bear the
entire cost thereof in such manner and proportion as
the arbitration panels shall direct.
‘‘(4) PAYMENT AND STATUS OF THE ARBITRA-
TORS.—Arbitrators are independent contractors act-
ing on behalf of the United States. Arbitrators shall
be paid pursuant to a signed agreement between the
Library of Congress and the arbitrators.’’.
TITLE VI—SUPPLEMENTARY
PROVISIONS
SEC. 601. PRESERVATION OF SECURITY CLASSIFICATION.
(a) IN GENERAL.—Notwithstanding any other provi-
sion of this Act, the Librarian of Congress shall respect
and preserve the security classification of any scientific or
technical information, data, patents, inventions, or discov-
eries in, or coming into, the possession or control of the
Library of Congress. The President or a designee shall
certify the classified status of any classified items received
by the Librarian of Congress as being essential in the in-
terest of national defense.
(b) EFFECT ON OTHER LAWS.—Nothing in this Act
shall be construed as modifying or limiting any other stat-
ute relating to the classification of information for reasons
of national defense or security.
SEC. 602. APPLICATION OF ACT.
(a) COPYRIGHT.—Subject to the provisions of sec-
tions 501 and 502, nothing in this Act shall be construed
as modifying or limiting any provision of title 17, United
States Code.
(b) CRS.—In keeping with the intent and purposes
of provisions of section 203 of the Legislative Reorganiza-
tion Act of 1946 (2 U.S.C. 166)—
(1) the resources of the Congressional Research
Service shall not be utilized to generate fee-based re-
search and information services; and
(2) the products of the Congressional Research
Service shall not be marketed or published by the
Library of Congress without prior approval of either
the Committee on House Administration of the
House of Representatives or the Senate Committee
on Rules and Administration.
SEC. 603. REGULATIONS.
Pursuant to the first paragraph under the heading
‘‘LIBRARY OF CONGRESS’’ in the first section of the Act
entitled ‘‘An Act making appropriations for the legislative,
executive, and judicial expenses of the Government for the
fiscal year ending June thirtieth, eighteen hundred and
ninety-eight, and for other purposes’’, approved February
19, 1897 (2 U.S.C. 136), the Librarian of Congress shall