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2 U.S.C. § 154 — Library of Congress Trust Fund Board; members; quorum; seal; rules and regulations

Federal law — U.S. Code and appendices · legal_authorities

2 U.S.C. § 154 — Library of Congress Trust Fund Board; members; quorum; seal; rules and regulations

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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Stable record: federal_law:legal_authorities:record_usc_8db8bef7a3f49869f7ac6807
Source file: Laws/federal/codes/united-states-code/title-2/section-154-library-of-congress-trust-fund-board-members-quorum-seal-rules-and-regul--916d48d178.md
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Source location: Title 2, Chapter 5, § 154; chapter-005-library-of-congress.md

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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

2 U.S.C. § 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 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

2 U.S.C. § 182a — Revolving fund for duplication services associated with audiovisual conservation center

**(a) Establishment** There is hereby established in the Treasury a revolving fund for duplication and delivery services provided by the Librarian of Congress (hereafter in sections 182a to 182d of this title referred to as the “Librarian”) which are associated with the national audiovisual conservation center established under the Act entitled “An Act to authorize acquisition of certain real property for the Library of Congress, and for other purposes”, approved December 15, 1997 (Public Law 105–144; [2 U.S.C. 141](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section141&num=0&edition=prelim) note). **(b) Fees for services** The Librarian may charge a fee for providing services described in subsection (a), and shall deposit any such fees charged into the revolving fund under this section. **(c) Contents of fund** (1) **In general** — The revolving fund under this section shall consist of the following amounts: (A) Amounts deposited by the Librarian under subsection (b). (B) Any other amounts received by the Librarian which are attributable to the services described in subsection (a). (C) Amounts deposited by the Librarian under paragraph (2). (D) Such other amounts as may be appropriated under law. (2) **Deposit of funds during transition** — The Librarian shall transfer to the revolving fund under this section the following: (A) Any obligated, unexpended balances existing as of the date of the transfer which are attributable to the services described in subsection (a). (B) An amount equal to the difference as of such date between— (i) the total value of the supplies, inventories, equipment, gift fund balances, and other assets attributable to such services; and (ii) the total value of the liabilities attributable t

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Federal law — U.S. Code and appendices · legal_authorities

2 U.S.C. § 182c — Revolving fund for FEDLINK program and Federal Research program

**(a) Establishment** There is hereby established in the Treasury a revolving fund for the Federal Library and Information Network program (hereafter in sections 182a to 182d of this title referred to as the “FEDLINK program”) of the Library of Congress (as described in subsection (f)(1)) and the Federal Research program of the Library of Congress (as described in subsection (f)(2)). **(b) Individual accounting requirement** A separate account shall be maintained in the revolving fund under this section with respect to the programs described in subsection (a). **(c) Fees for services** (1) **In general** — The Librarian may charge a fee for services under the FEDLINK program and the Federal Research program, and shall deposit any such fees charged into the account of the revolving fund under this section for such program. (2) **Advances of funds** — Participants in the FEDLINK program and the Federal Research program shall pay for products and services of the program by advance of funds— (A) if the Librarian determines that amounts in the Revolving Fund 11 So in original. Probably should not be capitalized. are otherwise insufficient to cover the costs of providing such products and services; or (B) upon agreement between participants and the Librarian. **(d) Contents of fund** (1) **In general** — Each account of the revolving fund under this section shall consist of the following amounts: (A) Amounts deposited by the Librarian under subsection (c). (B) Any other amounts received by the Librarian which are attributable to the program covered by such account. (C) Amounts deposited by the Librarian under paragraph (2). (D) Such other amounts as may be appropriated under law. (2) **Deposit of funds during transition** — Notwithstanding [section 15

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Federal law — U.S. Code and appendices · legal_authorities

2 U.S.C. § 154 — Library of Congress Trust Fund Board;

Page 74 TITLE 2—THE CONGRESS § 151 section (a) [amending this section] shall take effect on October 1, 1977.’’ § 151. Smithsonian Library The library collected by the Smithsonian In- stitution under the provisions of the Act of Au- gust 10, 1846, chapter 25, and removed from the building of that institution, with the consent of the Regents thereof, to the Library of Congress, shall, while there deposited, be subject to the same regulations as the Library of Congress, ex- cept as hereinafter provided. (R.S. § 99.) Editorial Notes REFERENCES IN TEXT Act of August 10, 1846, chapter 25, referred to in text, probably should be act Aug. 10, 1846, ch. 178, 9 Stat. 102, which was entitled ‘‘An Act to establish the ‘Smithso- nian Institution’, for the increase and diffusion of knowledge among men’’. CODIFICATION R.S. § 99 derived from act Apr. 5, 1866, ch. 25, § 1, 14 Stat. 13. § 152. Care and use of Smithsonian Library The Smithsonian Institution shall have the use of the library referred to in section 151 of this title in like manner as before its removal. All the books, maps, and charts of the Smithso- nian Library shall be properly cared for and pre- served in like manner as are those of the Con- gressional Library; from which the Smithsonian Library shall not be removed except on reim- bursement by the Smithsonian Institution to the Treasury of the United States of expenses incurred in binding and in taking care of the same, or upon such terms and conditions as shall be mutually agreed upon by Congress and the Regents of the Institution. (R.S. § 100.) Editorial Notes CODIFICATION R.S. § 100 derived from act Apr. 5, 1866, ch. 25, § 2, 14 Stat. 13. § 153. Control of library of House of Representa- tives The library of the House of Representativ

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