50 U.S.C. § 1904 — National Security Education Trust Fund

Page 319 TITLE 50—WAR AND NATIONAL DEFENSE § 1904 (B) recommending plans for the Corps to address foreign language shortfalls and re- quirements of the departments and agencies of the Federal Government; (C) recommending effective ways to in- crease public awareness of the need for for- eign languages skills and career paths in the Federal Government that use those skills; and (D) overseeing the Corps efforts to work with Executive agencies and State and local governments to respond to interagency plans and agreements to address overall for- eign language shortfalls and to utilize per- sonnel to address the various types of crises that warrant foreign language skills. (Pub. L. 102–183, title VIII, § 803, Dec. 4, 1991, 105 Stat. 1273; Pub. L. 102–496, title IV, § 404(d), Oct. 24, 1992, 106 Stat. 3186; Pub. L. 104–201, div. A, title X, § 1078(e), Sept. 23, 1996, 110 Stat. 2666; Pub. L. 105–272, title III, § 305(a)(3), (b), Oct. 20, 1998, 112 Stat. 2401; Pub. L. 105–277, div. G, title XIII, § 1335(g), Oct. 21, 1998, 112 Stat. 2681–788; Pub. L. 107–306, title III, § 333(a)(4), Nov. 27, 2002, 116 Stat. 2396; Pub. L. 108–487, title VI, § 603(a)(3), Dec. 23, 2004, 118 Stat. 3954; Pub. L. 112–81, div. A, title X, § 1087, Dec. 31, 2011, 125 Stat. 1603; Pub. L. 112–166, § 2(c)(2), Aug. 10, 2012, 126 Stat. 1284; Pub. L. 112–239, div. A, title IX, § 954(b), Jan. 2, 2013, 126 Stat. 1896; Pub. L. 118–31, div. G, title IX, § 7901(c)(2), Dec. 22, 2023, 137 Stat. 1106.) Editorial Notes AMENDMENTS 2023—Subsec. (d)(9)(D). Pub. L. 118–31 substituted ‘‘local governments’’ for ‘‘Local governments’’. 2013—Subsec. (b)(5) to (9). Pub. L. 112–239, § 954(b)(1), added pars. (5) to (7), redesignated former pars. (6) and (7) as (8) and (9), respectively, and struck out former par. (5) which read as follows: ‘‘The Director of Central Intelligence.’’ Subsec. (d)(9). Pub. L. 112–239, § 954(b)(2), added par. (9). 2012—Subsec. (b)(7). Pub. L. 112–166, which directed striking the phrase ‘‘by and with the advice and con- sent of the Senate,’’, could not be executed because the phrase did not appear after execution of amendment by Pub. L. 112–81, § 1087(a). See 2011 Amendment note below. 2011—Subsec. (b)(7). Pub. L. 112–81, § 1087(a), struck out ‘‘by and with the advice and consent of the Sen- ate,’’ after ‘‘President,’’. Subsec. (c). Pub. L. 112–81, § 1087(b), substituted ‘‘sub- section (b)(7)’’ for ‘‘subsection (b)(6)’’. 2004–Subsec. (d)(4)(E). Pub. L. 108–487 inserted ‘‘and section 1902(a)(1)(E) of this title (relating to the schol- arship program for advanced English language studies by heritage community citizens)’’ before period. 2002—Subsec. (d)(4)(E). Pub. L. 107–306 added subpar. (E). 1998—Subsec. (b)(6). Pub. L. 105–277, § 1335(g)(1), redes- ignated par. (7) as (6) and struck out former par. (6) which read as follows: ‘‘The Secretary of Energy.’’ Pub. L. 105–272, § 305(b), amended par. (6) generally. Prior to amendment, par. (6) read as follows: ‘‘The Di- rector of the United States Information Agency.’’ Subsec. (b)(7). Pub. L. 105–277, § 1335(g)(1)(B), redesig- nated par. (8) as (7). Former par. (7) redesignated (6). Subsec. (b)(8). Pub. L. 105–277, § 1335(g)(1)(B), redesig- nated par. (8) as (7). Pub. L. 105–272, § 305(a)(3), substituted ‘‘area, and counterproliferation’’ for ‘‘and area’’. Subsec. (c). Pub. L. 105–277, § 1335(g)(2), substituted ‘‘subsection (b)(6)’’ for ‘‘subsection (b)(7)’’. Subsec. (d)(4). Pub. L. 105–272, § 305(a)(3), substituted ‘‘area, and counterproliferation’’ for ‘‘and area’’ in in- troductory provisions. 1996—Subsec. (d)(1). Pub. L. 104–201, § 1078(e)(1), in- serted before period at end ‘‘, including an order of pri- ority in such awards that favors individuals expressing an interest in national security issues or pursuing a ca- reer in a national security position’’. Subsec. (d)(4). Pub. L. 104–201, § 1078(e)(2)(A), in intro- ductory provisions, substituted ‘‘After taking into ac- count the annual analyses of trends in language, inter- national, and area studies under section 1906(b)(1) of this title, make recommendations’’ for ‘‘Make rec- ommendations’’. Subsec. (d)(4)(A). Pub. L. 104–201, § 1078(e)(2)(B), sub- stituted ‘‘and countries which are of importance to the national security interests of the United States’’ after ‘‘are studying’’. Subsec. (d)(4)(B). Pub. L. 104–201, § 1078(e)(2)(C), sub- stituted ‘‘relating to the national security interests of the United States’’ after ‘‘section 1902(a)(1)(B) of this title’’. Subsec. (d)(5) to (8). Pub. L. 104–201, § 1078(e)(3), (4), added pars. (5) to (7) and redesignated former par. (5) as (8). 1992—Subsec. (b)(7). Pub. L. 102–496, § 404(d)(2), added par. (7). Former par. (7) redesignated (8). Subsec. (b)(8). Pub. L. 102–496, § 404(d)(1), (3), redesig- nated par. (7) as (8), substituted ‘‘Six individuals’’ for ‘‘Four individuals’’, and inserted before period at end ‘‘and who may not be officers or employees of the Fed- eral Government’’. Statutory Notes and Related Subsidiaries CHANGE OF NAME Reference to the Director of Central Intelligence or the Director of the Central Intelligence Agency in the Director’s capacity as the head of the intelligence com- munity deemed to be a reference to the Director of Na- tional Intelligence. Reference to the Director of Cen- tral Intelligence or the Director of the Central Intel- ligence Agency in the Director’s capacity as the head of the Central Intelligence Agency deemed to be a ref- erence to the Director of the Central Intelligence Agen- cy. See section 1081(a), (b) of Pub. L. 108–458, set out as a note under section 3001 of this title. EFFECTIVE DATE OF 2012 AMENDMENT Amendment by Pub. L. 112–166 effective 60 days after Aug. 10, 2012, and applicable to appointments made on and after that effective date, including any nomination pending in the Senate on that date, see section 6(a) of Pub. L. 112–166, set out as a note under section 113 of Title 6, Domestic Security. EFFECTIVE DATE OF 2002 AMENDMENT Amendment by Pub. L. 107–306 effective on the date the Secretary of Defense submits the report required under section 334 of Pub. L. 107–306 and notifies the ap- propriate committees of Congress that the programs carried out under this chapter are being managed in a fiscally and programmatically sound manner, see sec- tion 333(c) of Pub. L. 107–306, set out as a note under section 1902 of this title. EFFECTIVE DATE OF 1998 AMENDMENT Amendment by Pub. L. 105–277 effective on earlier of Oct. 1, 1999, or date of abolition of the United States In- formation Agency pursuant to reorganization plan de- scribed in section 6601 of Title 22, Foreign Relations and Intercourse, see section 1301 of Pub. L. 105–277, set out as an Effective Date note under section 6531 of Title 22. § 1904. National Security Education Trust Fund (a) Establishment of Fund There is established in the Treasury of the United States a trust fund to be known as the Page 320 TITLE 50—WAR AND NATIONAL DEFENSE § 1905 ‘‘National Security Education Trust Fund’’. The assets of the Fund consist of amounts appro- priated to the Fund and amounts credited to the Fund under subsection (e). (b) Availability of sums in Fund Sums in the Fund shall, to the extent provided in appropriations Acts, be available— (1) for awarding scholarships, fellowships, and grants in accordance with the provisions of this chapter; and (2) for properly allocable costs of the Federal Government for the administration of the pro- gram under this chapter. (c) Investment of Fund assets The Secretary of the Treasury shall invest in full the amount in the Fund that is not imme- diately necessary for expenditure. Such invest- ments may be made only in interest-bearing ob- ligations of the United States or in obligations guaranteed as to both principal and interest by the United States. For such purpose, such obli- gations may be acquired on original issue at the issue price or by purchase of outstanding obliga- tions at the market price. The purposes for which obligations of the United States may be issued under chapter 31 of title 31 are hereby ex- tended to authorize the issuance at par of spe- cial obligations exclusively to the Fund. Such special obligations shall bear interest at a rate equal to the average rate of interest, computed as to the end of the calendar month next pre- ceding the date of such issue, borne by all mar- ketable interest-bearing obligations of the United States then forming a part of the public debt, except that where such average rate is not a multiple of 1⁄8 of 1 percent, the rate of interest of such special obligations shall be the multiple of 1⁄8 of 1 percent next lower than such average rate. Such special obligations shall be issued only if the Secretary of the Treasury determines that the purchases of other interest-bearing ob- ligations of the United States, or of obligations guaranteed as to both principal and interest by the United States or original issue or at the market price, is not in the public interest. (d) Authority to sell obligations Any obligation acquired by the Fund (except special obligations issued exclusively to the Fund) may be sold by the Secretary of the Treasury at the market price, and such special obligations may be redeemed at par plus accrued interest. (e) Amounts credited to Fund (1) The interest on, and the proceeds from the sale or redemption of, any obligations held in the Fund shall be credited to and form a part of the Fund. (2) Any amount paid to the United States under section 1902(b)(3) of this title shall be credited to and form a part of the Fund. (3) Any gifts of money shall be credited to and form a part of the Fund. (Pub. L. 102–183, title VIII, § 804, Dec. 4, 1991, 105 Stat. 1274; Pub. L. 102–496, title IV, § 404(e), Oct. 24, 1992, 106 Stat. 3186; Pub. L. 103–160, div. A, title III, § 375, Nov. 30, 1993, 107 Stat. 1637.) Editorial Notes AMENDMENTS 1993—Subsec. (b). Pub. L. 103–160, § 375(b), struck out ‘‘(1)’’ before ‘‘Sums in the Fund’’, redesignated former subpars. (A) and (B) as pars. (1) and (2), respectively, and struck out former par. (2) which read as follows: ‘‘No amount may be appropriated to the Fund, or obli- gated from the Fund, unless authorized by law.’’ Subsec. (e)(3). Pub. L. 103–160, § 375(a), added par. (3). 1992—Subsec. (c). Pub. L. 102–496 substituted ‘‘expend- iture’’ for ‘‘obligation’’ in first sentence. § 1905. Regulations and administrative provi- sions (a) Regulations The Secretary may prescribe regulations to carry out the program required by this chapter. Before prescribing any such regulations, the Secretary shall submit a copy of the proposed regulations to the Select Committee on Intel- ligence of the Senate and the Permanent Select Committee on Intelligence of the House of Rep- resentatives. Such proposed regulations may not take effect until 30 days after the date on which they are submitted to those committees. (b) Acceptance and use of gifts In order to conduct the program required by this chapter, the Secretary may— (1) receive money and other property do- nated, bequeathed, or devised, without condi- tion or restriction other than that it be used for the purpose of conducting the program re- quired by this chapter; and (2) may use, sell, or otherwise dispose of such property for that purpose. (c) Voluntary services In order to conduct the program required by this chapter, the Secretary may accept and use the services of voluntary and noncompensated personnel. (d) Necessary expenditures Expenditures necessary to conduct the pro- gram required by this chapter shall be paid from the Fund, subject to section 1904(b) of this title. (Pub. L. 102–183, title VIII, § 805, Dec. 4, 1991, 105 Stat. 1275.) § 1906. Annual report (a) Annual report (1) The Secretary shall submit to the Presi- dent and to the congressional intelligence com- mittees an annual report of the conduct of the program required by this chapter. (2) The report submitted to the President shall be submitted each year at the time that the President’s budget for the next fiscal year is submitted to Congress pursuant to section 1105 of title 31. (3) The report submitted to the congressional intelligence committees shall be submitted on the date provided in section 3106 of this title. (b) Contents of report Each such report shall contain— (1) an analysis of the trends within language, international, area, and counterproliferation studies, along with a survey of such areas as the Secretary determines are receiving inad- equate attention;