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2 U.S.C. § 155 — Compensation and expenses of Library of Congress Trust Fund Board
Federal law — U.S. Code and appendices · legal_authorities
No compensation shall be paid to the members of the board for their services as such members, but they shall be reimbursed for the expenses necessarily incurred by them, out of the income from the fund or funds in connection with which such expenses are incurred. The voucher of the chairman of the board shall be sufficient evidence that the expenses are properly allowable. Any expenses of the board, including the cost of its seal, not properly chargeable to the income of any trust fund held by it, shall be estimated for in the annual estimates of the librarian for the maintenance of the Library of Congress.
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Source file: Laws/federal/codes/united-states-code/title-2/section-155-compensation-and-expenses-of-library-of-congress-trust-fund-board--442f001f58.md
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Source location: Title 2, Chapter 5, § 155; chapter-005-library-of-congress.md
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No compensation shall be paid to the members of the board for their services as such members, but they shall be reimbursed for the expenses necessarily incurred by them, out of the income from the fund or funds in connection with which such expenses are incurred. The voucher of the chairman of the board shall be sufficient evidence that the expenses are properly allowable. Any expenses of the board, including the cost of its seal, not properly chargeable to the income of any trust fund held by it, shall be estimated for in the annual estimates of the librarian for the maintenance of the Library of Congress.
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Federal law — U.S. Code and appendices · legal_authorities
A board is created and established, to be known as the “Library of Congress Trust Fund Board” (hereinafter referred to as the board), which shall consist of the Secretary of the Treasury (or an Assistant Secretary designated in writing by the Secretary of the Treasury), the chairman and the vice chair of the Joint Committee on the Library, the Librarian of Congress, two persons appointed by the President for a term of five years each (the first appointments being for three and five years, respectively), four persons appointed by the Speaker of the House of Representatives (in consultation with the minority leader of the House of Representatives) for a term of five years each (the first appointments being for two, three, four, and five years, respectively), and four persons appointed by the majority leader of the Senate (in consultation with the minority leader of the Senate) for a term of five years each (the first appointments being for two, three, four, and five years, respectively). Upon request of the chair of the Board, any member whose term has expired may continue to serve on the Trust Fund Board until the earlier of the date on which such member’s successor is appointed or the expiration of the 1-year period which begins on the date such member’s term expires. Seven members of the board shall constitute a quorum for the transaction of business, and the board shall have an official seal, which shall be judicially noticed. The board may adopt rules and regulations in regard to its procedure and the conduct of its business.
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Federal law — U.S. Code and appendices · legal_authorities
Page 75
TITLE 2—THE CONGRESS
§ 158
title [amending this section] shall take effect on the
date of the enactment of this Act [Nov. 9, 2000].’’
SHORT TITLE
Act Mar. 3, 1925, enacting sections 154 to 162 and 163
of this title, is popularly known as the ‘‘Library of Con-
gress Trust Fund Board Act’’.
§ 155. Compensation and expenses of Library of
Congress Trust Fund Board
No compensation shall be paid to the members
of the board for their services as such members,
but they shall be reimbursed for the expenses
necessarily incurred by them, out of the income
from the fund or funds in connection with which
such expenses are incurred. The voucher of the
chairman of the board shall be sufficient evi-
dence that the expenses are properly allowable.
Any expenses of the board, including the cost of
its seal, not properly chargeable to the income
of any trust fund held by it, shall be estimated
for in the annual estimates of the librarian for
the maintenance of the Library of Congress.
(Mar. 3, 1925, ch. 423, § 1, 43 Stat. 1107.)
Editorial Notes
CODIFICATION
Section is comprised of second par. of section 1 of act
Mar. 3, 1925. First par. of section 1 is classified to sec-
tion 154 of this title.
§ 156. Gifts, etc., to Library of Congress Trust
Fund Board
The Board is authorized to accept, receive,
hold, and administer such gifts, bequests, or de-
vises of property for the benefit of, or in connec-
tion with, the Library, its collections, or its
service, as may be approved by the Board and by
the Joint Committee on the Library.
(Mar. 3, 1925, ch. 423, § 2, formerly § 1, 43 Stat.
1107, renumbered Apr. 13, 1936, ch. 213, 49 Stat.
1205.)
Editorial Notes
CODIFICATION
Section is comprised of first par. of section 2 of act
Mar. 3, 1925. Second, third, and f
Source: Supplied 2024 U.S. Code historical extraction · 2 U.S.C. § 155
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