Source: http://www.law.cornell.edu/uscode/text/2/2108?qt-us_code_tabs=0
Timestamp: 2014-10-21 04:52:06
Document Index: 761617333

Matched Legal Cases: ['§ 2108', '§ 2108', '§ 2108', '§ 3', '§ 4', '§ 2']

2 U.S. Code § 2108 - Provisions relating to Senate Commission on Art | LII / Legal Information Institute
U.S. Code › Title 2 › Chapter 30 › Subchapter V › Part B › § 2108 2 U.S. Code § 2108 - Provisions relating to Senate Commission on Art
Authority to acquire and dispose (1)
In general The Senate Commission on Art (referred to in this section as the “Commission”) may—
Accession or disposal All works of art, historical objects, documents, or material related to historical matters, or exhibits, acquired by the Commission may, as determined by the Commission and after consultation with the Curatorial Advisory Board, be—
Curatorial Advisory Board There is established a Board which shall be chaired by the Senate Curator. The Curatorial Advisory Board shall provide advice and assistance to the Commission on the acquisition, care, and disposition of items for or within the United States Senate Collection, and on such other matters as the Commission determines appropriate.
Additional advisory boards (A)
In general The Commission, or the chairman and vice chairman acting jointly on behalf of the Commission and after giving notice to the Commission, may establish 1 or more additional advisory boards.
Term The term of existence for an additional advisory board—
Purpose The purpose of an additional advisory board shall be to provide advice and assistance to the Commission and to further the purposes of the Commission.
In general Subject to subparagraph (B), the Curatorial Advisory Board and other advisory boards established by the Commission under paragraph (2) shall be composed of members appointed by the Commission, or the chairman and vice chairman acting jointly on behalf of the Commission and after giving notice to the Commission.
Applicable rules Members appointed under subparagraph (A)—
Members A member of a board under this subsection—
Terms for additional advisory board members Members appointed to the other advisory boards created under paragraph (2) shall serve for terms as stated in their appointment, but no longer than a term of 4 years, except that any member may be reappointed upon the expiration of their term.
Regulations The Commission, or the chairman and vice chairman acting jointly on behalf of the Commission and after giving notice to the Commission, in consultation with the Committee on Rules and Administration, may promulgate such regulations governing advisory boards established under this subsection as are necessary to carry out the purposes of this subsection.
Assistance The Executive Secretary of the Commission shall provide assistance to an advisory board as authorized by the Commission.
Establishment of Senate Preservation Fund (1)
Establishment There is established in the Treasury a fund, to be known as the “Senate Preservation Fund” (in this section referred to as the “fund”), which shall consist of amounts deposited and credited under paragraph (3).
Payment of costs The fund shall be available to the Commission for the payment of acquisition and transaction costs incurred for acquisitions under subsection (a) of this section, for official activities of any advisory board established under subsection (b) of this section, for any purposes for which funds from the contingent fund of the Senate may be used under section 2107
Deposits, credits, and disbursements (A)
Deposits The Commission shall deposit in the fund amounts appropriated for use of the fund, gifts of money, and proceeds of transactions under subsection (a) of this section.
Credits The Secretary of the Treasury shall credit to the fund the interest on, and the proceeds from sale or redemption of, obligations held in the fund.
Disbursements Disbursements from the fund shall be made on vouchers approved by the Commission and signed by the Executive Secretary of the Commission.
In general The Secretary of the Treasury shall invest any portion of the fund that, as determined by the Commission, is not required to meet current withdrawals.
Type of obligation Each investment required by this paragraph shall be made in an interest bearing obligation of the United States or an obligation guaranteed as to the principal and interest by the United States that, as determined by the Commission, has a maturity suitable for the fund.
Commission approval In carrying out this subsection, the Secretary of the Treasury may make such purchases, sales, and redemption of obligations as may be approved by the Commission.
Services and support The Library of Congress shall provide financial management and disbursing services and support to the Commission as may be required and mutually agreed to by the Librarian of Congress and the Executive Secretary of the Commission.
Audits The Comptroller General of the United States shall conduct periodic audits of the Senate Preservation Fund, which shall be conducted at least once every 3 years, unless the Chairman or the Ranking Member of the Committee on Rules and Administration of the Senate or the Secretary of the Senate requests that an audit be conducted at an earlier date, and shall report the results of each audit to the Commission.
(Pub. L. 108–83, title I, § 3,Sept. 30, 2003, 117 Stat. 1010; Pub. L. 109–55, title I, § 4,Aug. 2, 2005, 119 Stat. 568; Pub. L. 112–234, § 2(h),Dec. 28, 2012, 126 Stat. 1625.)
2012—Subsec. (c)(6). Pub. L. 112–234substituted “periodic audits of the Senate Preservation Fund, which shall be conducted at least once every 3 years, unless the Chairman or the Ranking Member of the Committee on Rules and Administration of the Senate or the Secretary of the Senate requests that an audit be conducted at an earlier date,” for “annual audits of the Senate Preservation Fund”.