[Congressional Record (Bound Edition), Volume 145 (1999), Part 19]
[Senate]
[Page 27841]
[From the U.S. Government Publishing Office, www.gpo.gov]



   LEGISLATION TO PROVIDE SUPPORT FOR CERTAIN INSTITUTES AND SCHOOLS

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                      JEFFORDS AMENDMENT NO. 2504

  Mr. HAGEL (for Mr. Jeffords) proposed an amendment to the bill (S. 
440) to provide support for certain institutes and schools; as follows:

       At the end, add the following:

          Title V--Robert T. Stafford Public Policy Institute

     SEC. 501. DEFINITIONS.

       In this section:
       (1) Endowment fund.--The term ``endowment fund'' means a 
     fund established by the Robert T. Stafford Public Policy 
     Institute for the purpose of generating income for the 
     support of authorized activities.
       (2) Endowment fund corpus.--The term ``endowment fund 
     corpus'' means an amount equal to the grant or grants awarded 
     under this title.
       (3) Endowment fund income.--The term ``endowment fund 
     income'' means an amount equal to the total value of the 
     endowment fund minus the endowment fund corpus.
       (4) Institute.--The term ``institute'' means the Robert T. 
     Stafford Public Policy Institute.
       (5) Secretary.--The term ``Secretary'' means the Secretary 
     of Education.

     SEC. 502. PROGRAM AUTHORIZED.

       (a) Grants.--From the funds appropriated under section 505, 
     the Secretary is authorized to award a grant in an amount of 
     $5,000,000 to the Robert T. Stafford Public Policy Institute.
       (b) Application.--No grant payment may be made under this 
     section except upon an application at such time, in such 
     manner, and containing or accompanied by such information as 
     the Secretary may require.

     SEC. 503. AUTHORIZED ACTIVITIES.

       Funds appropriated under this title may be used--
       (1) to further the knowledge and understanding of students 
     of all ages about education, the environment, and public 
     service;
       (2) to increase the awareness of the importance of public 
     service, to foster among the youth of the United States 
     greater recognition of the role of public service in the 
     development of the Unites States, and to promote public 
     service as a career choice;
       (3) to provide or support scholarships;
       (4) to conduct educational, archival, or preservation 
     activities;
       (5) to construct or renovate library and research 
     facilities for the collection and compilation of research 
     materials for use in carrying out programs of the Institute;
       (6) to establish or increase an endowment fund for use in 
     carrying out the programs of the Institute.

     SEC. 504. ENDOWMENT FUND.

       (a) Management.--An endowment fund created with funds 
     authorized under this title shall be managed in accordance 
     with the standard endowment policies established by the 
     Institute.
       (b) Use of Endowment Fund Income.--Endowment fund income 
     earned (on or after the date of enactment of this title) may 
     be used to support the activities authorized under section 
     503.

     SEC. 505. AUTHORIZATION OF APPROPRIATIONS.

       There are authorized to be appropriated to carry out this 
     title $5,000,000. Funds appropriated under this section shall 
     remain available until expended.

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