[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3740 Introduced in House (IH)]

103d CONGRESS
  2d Session
                                H. R. 3740

To extend and revise the authority to award endowment grants to Howard 
                  University, and for other purposes.


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                    IN THE HOUSE OF REPRESENTATIVES

                            January 26, 1994

   Mr. Clay introduced the following bill; which was referred to the 
                    Committee on Education and Labor

_______________________________________________________________________

                                 A BILL


 
To extend and revise the authority to award endowment grants to Howard 
                  University, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled, That this Act may be 
cited as the ``Howard University Endowment Amendments of 1994''.

SEC. 2. HOWARD UNIVERSITY ENDOWMENT GRANTS.

    Section 203(b)(2) of the Howard University Endowment Act (20 U.S.C. 
130aa et seq.; hereinafter referred to as ``the Endowment Act'') is 
amended in the first sentence by striking out ``an amount equal to such 
grant'' and inserting in lieu thereof ``an institutional match that is 
at least equal to one dollar for each dollar of the grant not in excess 
of $1,000,000; one dollar for each two dollars of the grant above 
$1,000,000 and not in excess of $2,000,000; and one dollar for each 
three dollars of the grant above $2,000,000''.

SEC. 3. WITHDRAWALS AND EXPENDITURES.

    Section 205 of the Endowment Act is amended in subsection (c)--
            (1) in paragraph (1), by striking out ``50 per centum of 
        the amount improperly expended (representing the Federal share 
        thereof)'' and inserting in lieu thereof ``the amount 
        improperly withdrawn or expended that represents the Federal 
        share thereof, as determined by the Secretary''; and
            (2) in paragraph (2), by striking out ``50 per centum of 
        the amount withdrawn or expended (representing the Federal 
        share thereof)'' and inserting in lieu thereof ``the amount 
        withdrawn or expended that represents the Federal share 
        thereof, as determined by the Secretary,''.

SEC. 4. AUTHORIZATION OF APPROPRIATIONS.

    Section 207 of the Endowment Act is amended in the first sentence 
thereof by striking out ``$2,000,000'' and inserting in lieu thereof 
``$3,441,000 for fiscal year 1994 and such sums as may be necessary for 
each of the succeeding four fiscal years''.

SEC. 5. EFFECTIVE DATE.

    This Act shall take effect on enactment.

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