[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2885 Introduced in House (IH)]







105th CONGRESS
  1st Session
                                H. R. 2885

         To authorize the establishment of a Cold War memorial.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            November 7, 1997

Mr. Davis of Virginia introduced the following bill; which was referred 
                     to the Committee on Resources

_______________________________________________________________________

                                 A BILL


 
         To authorize the establishment of a Cold War memorial.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. ESTABLISHMENT OF MEMORIAL.

    (a) Authority.--The Commission is authorized to establish a 
memorial, on a site selected from Federal lands in the District of 
Columbia and its environs, to honor the military and civilian personnel 
of the Department of Defense, members of the intelligence community, 
members of the foreign service, and others who served the United States 
in pursuit of its Cold War aims, and to commemorate the involvement of 
the United States in that conflict.
    (b) Compliance With the Commemorative Works Act.--The establishment 
of the memorial shall be in accordance with the Commemorative Works Act 
(40 U.S.C. 1001 et seq.). The authority to establish the memorial is 
granted notwithstanding section 3(b) and (c) of that Act.

SEC. 2. CONTRIBUTIONS.

    The Commission shall solicit and accept contributions for the 
memorial. The amounts accepted as contributions under this section 
shall be deposited by the Chairman of the Commission in the fund 
created under section 3(a).

SEC. 3. MEMORIAL FUND.

    (a) In General.--There shall be created in the Treasury a fund 
which shall be available to the Commission, to the extent provided in 
advance in appropriation acts, for the expenses of establishing the 
memorial. The fund shall consist of--
            (1) amounts deposited under section 2;
            (2) obligations obtained under subsection (b) of this 
        section; and
            (3) interest and proceeds credited under subsection (b) of 
        this section.
    (b) Investment of Fund Balances.--The Secretary of the Treasury 
shall invest any portion of the fund that, as determined by the 
Chairman of the Commission, is not required to meet current expenses. 
Each investment shall be made in an interest bearing obligation of the 
United States or an obligation guaranteed as to principal and interest 
by the United States that, as determined by the Chairman of the 
Commission, has a maturity suitable for the fund. 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.

SEC. 4. DEPOSIT OF EXCESS FUNDS.

    If, upon--
            (1) payment of all expenses of the establishment of the 
        memorial, including the donation for maintenance and 
        preservation required by section 8(b) of the Commemorative 
        Works Act; or
            (2) expiration of the authority for the memorial under 
        section 10(b) of that Act,
there remains a balance in the fund created under section 3(a) of this 
Act, the Chairman of the Commission shall transmit the amount of the 
balance to the Secretary of the Treasury for deposit in the account 
provided for in section 8(b)(1) of the Commemorative Works Act.

SEC. 5. DEFINITIONS.

    For the purposes of this Act--
            (1) the term ``Commission'' means the American Battle 
        Monuments Commission; and
            (2) the term ``District of Columbia and its environs'' has 
        the meaning set forth in section 2 of the Commemorative Works 
        Act.
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