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20 U.S.C. § 4703 — Establishment of Barry Goldwater Scholarship and Excellence in Education Foundation
Federal law — U.S. Code and appendices · legal_authorities
**(a) Establishment** There is established, as an independent establishment of the executive branch of the United States Government, the Barry Goldwater Scholarship and Excellence in Education Foundation.
**(b) Board of Trustees** The Foundation shall be subject to the supervision and direction of the Board of Trustees. The Board shall be composed of 13 members, as follows:
(1) Two members from the Senate, one appointed by the majority leader and one appointed by the minority leader of the Senate.
(2) Two members from the House of Representatives, one appointed by the majority leader and one appointed by the minority leader of the House of Representatives.
(3) Eight members, not more than four of whom shall be of the same political party, to be appointed by the President, by and with the advice and consent of the Senate.
(4) The Secretary of Education, or his designee, who shall serve ex officio as a member of the Board but shall not be eligible to serve as Chairman.
**(c) Term of office**
(1) The term of office of each member of the Board shall be six years, except that—
(A) the members first taking office shall serve as designated by the President, four for terms of two years, five for terms of four years, and four for terms of six years;
(B) a member appointed to fill a vacancy shall serve for the remainder of the term for which his predecessor was appointed and shall be appointed in the same manner as the original appointment for that vacancy was made; and
(C) notwithstanding the term limitation provided for under this paragraph, a member appointed under subsection (b) may continue to serve under such appointment until the successor to the member is appointed.
(2) A Member of Congress appointed to the Board under clause (1) or (2) of subsection (b)
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Source file: Laws/federal/codes/united-states-code/title-20/section-4703-establishment-of-barry-goldwater-scholarship-and-excellence-in-education--d6ea48fa84.md
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Source location: Title 20, Chapter 59, § 4703; chapter-059-barry-goldwater-scholarship-and-excellence-in-education-program.md
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**(a) Establishment** There is established, as an independent establishment of the executive branch of the United States Government, the Barry Goldwater Scholarship and Excellence in Education Foundation.
**(b) Board of Trustees** The Foundation shall be subject to the supervision and direction of the Board of Trustees. The Board shall be composed of 13 members, as follows:
(1) Two members from the Senate, one appointed by the majority leader and one appointed by the minority leader of the Senate.
(2) Two members from the House of Representatives, one appointed by the majority leader and one appointed by the minority leader of the House of Representatives.
(3) Eight members, not more than four of whom shall be of the same political party, to be appointed by the President, by and with the advice and consent of the Senate.
(4) The Secretary of Education, or his designee, who shall serve ex officio as a member of the Board but shall not be eligible to serve as Chairman.
**(c) Term of office**
(1) The term of office of each member of the Board shall be six years, except that—
(A) the members first taking office shall serve as designated by the President, four for terms of two years, five for terms of four years, and four for terms of six years;
(B) a member appointed to fill a vacancy shall serve for the remainder of the term for which his predecessor was appointed and shall be appointed in the same manner as the original appointment for that vacancy was made; and
(C) notwithstanding the term limitation provided for under this paragraph, a member appointed under subsection (b) may continue to serve under such appointment until the successor to the member is appointed.
(2) A Member of Congress appointed to the Board under clause (1) or (2) of subsection (b) may not serve as a member of the Board for more than a total of six years.
**(d) Travel and subsistence pay** Members of the Board shall serve without pay, but shall be entitled to reimbursement for travel, subsistence, and other necessary expenses incurred in the performance of their duties.
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Federal law — U.S. Code and appendices · legal_authorities
This chapter applies in—
(1) the United States;
(2) the territories, commonwealths, and possessions of the United States; and
(3) all other places under the jurisdiction of the United States.
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Federal law — U.S. Code and appendices · legal_authorities
Page 1260
TITLE 20—EDUCATION
§ 4702
(2) Senator Goldwater has a distinguished
record as a Senator, including service as
Chairman of the Select Committee on Intel-
ligence of the Senate and as Chairman of the
Committee on Armed Services of the Senate.
(3) Senator Goldwater has long maintained a
special interest in the education of America’s
youth, particularly in the fields of science and
mathematics.
(4) It would, therefore, be a fitting tribute to
the leadership, courage, and vision of Senator
Goldwater to establish in his name a scholar-
ship program to foster and encourage excel-
lence in science and mathematics.
(Pub. L. 99–661, div. A, title XIV, § 1402, Nov. 14,
1986, 100 Stat. 4008.)
Statutory Notes and Related Subsidiaries
SHORT TITLE OF 2021 AMENDMENT
Pub. L. 117–81, div. F, title LXIII, § 6301, Dec. 27, 2021,
135 Stat. 2393, provided that: ‘‘This title [amending sec-
tions 4702, 4704 to 4707, and 4710 of this title] may be
cited as the ‘Barry Goldwater Scholarship and Excel-
lence in Education Modernization Act of 2021’.’’
SHORT TITLE
Pub. L. 99–661, div. A, title XIV, § 1401, Nov. 14, 1986,
100 Stat. 4007, provided that: ‘‘This title [enacting this
chapter] may be cited as the ‘Barry Goldwater Scholar-
ship and Excellence in Education Act’.’’
§ 4702. Definitions
In this chapter:
(1) The term ‘‘Foundation’’ means the Barry
Goldwater Scholarship and Excellence in Edu-
cation Foundation established under section
4703(a) of this title.
(2) The term ‘‘Board’’ means the Board of
Trustees of the Barry Goldwater Scholarship
and Excellence in Education Foundation es-
tablished under section 4703(b) of this title.
(3) The term ‘‘fund’’ means the Barry Gold-
water Scholarship and Excellence in Edu-
cation Fund provided for under section 4707 o
Source: Supplied 2024 U.S. Code historical extraction · 20 U.S.C. § 4703
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