2 U.S.C. § 1105 — John C. Stennis Center for Public Service

Page 295 TITLE 2—THE CONGRESS § 1105 and services as it considers appropriate to carry out the purpose of this chapter. Such authority shall include the following: (1) The development and implementation of educational programs for secondary and post- secondary schools and colleges designed— (A) to improve the attitude of students to- ward public service; (B) to encourage students to consider pub- lic service as a career goal; (C) to create a better understanding of the important role that people in public service have played in the growth and development of the United States; and (D) to foster a sense of civic responsibility among the youth of the United States. (2) The development and implementation of programs designed— (A) to enhance skills and abilities of public service employees and elected officials at the State and local levels of government; (B) to make such officials more productive and effective in the performance of their du- ties; and (C) to help prepare such employees and of- ficials to assume greater responsibilities in the field of public service. (3) The development and implementation of congressional staff training programs designed to equip congressional staff personnel to per- form their duties more effectively and effi- ciently. (4) The development and implementation of media and telecommunications production ca- pabilities to assist the Center in expanding the reach of its programs throughout the United States. (5) The establishment of library and research facilities for the collection and compilation of research materials for use in carrying out the programs of the Center. (c) Program priorities The Board of Trustees shall determine the pri- ority of the programs to be carried out under this chapter and the amount of funds to be allo- cated for such programs. (Pub. L. 100–458, title I, § 115, Oct. 1, 1988, 102 Stat. 2173.) § 1105. John C. Stennis Center for Public Service Development Trust Fund (a) Establishment of fund There is established in the Treasury of the United States a trust fund to be known as the ‘‘John C. Stennis Center for Public Service De- velopment Trust Fund’’. The fund shall consist of amounts appropriated to it pursuant to sec- tion 1110 of this title and amounts credited to it under subsection (d). (b) Investment of fund assets (1) At the request of the Center, it shall be the duty of the Secretary of the Treasury to invest in full the amounts appropriated to the fund. Such investments may be made only in interest- bearing obligations of the United States issued directly to the fund. (2) The purposes for which obligations of the United States may be issued under chapter 31 of title 31 are hereby extended to authorize the issuance at par of special obligations directly to the fund. Such special obligations shall bear in- terest at a rate equal to the average rate of in- terest, computed as to the end of the calendar month next preceding the date of such issue, borne by all marketable interest-bearing obliga- tions of the United States then forming a part of the public debt; except that where such average rate is not a multiple of one-eighth of 1 per cen- tum, the rate of interest of such special obliga- tions shall be the multiple of one-eighth of 1 per centum next lower than such average rate. All requests of the Center to the Secretary of the Treasury provided for in this section shall be binding upon the Secretary. (c) Authority to sell obligations At the request of the Center, the Secretary of the Treasury shall redeem any obligation issued directly to the fund. Obligations issued to the fund under subsection (b)(2) shall be redeemed at par plus accrued interest. Any other obligations issued directly to the fund shall be redeemed at the market price. (d) Proceeds from certain transactions credited to fund In addition to the appropriations received pur- suant to section 1110 of this title, the interest on, and the proceeds from the sale or redemp- tion of, any obligations held in the fund pursu- ant to section 1108(a) of this title, shall be cred- ited to and form a part of the fund. (Pub. L. 100–458, title I, § 116, Oct. 1, 1988, 102 Stat. 2174; Pub. L. 101–520, title III, § 313(a), Nov. 5, 1990, 104 Stat. 2282; Pub. L. 108–7, div. J, title I, § 125, Feb. 20, 2003, 117 Stat. 439.) Editorial Notes AMENDMENTS 2003—Subsec. (b). Pub. L. 108–7, § 125(1), added subsec. (b) and struck out heading and text of former subsec. (b). Text read as follows: ‘‘(1) It shall be the duty of the Secretary of the Treas- ury to invest in full the amounts appropriated to the fund. Such investments may be made only in interest bearing obligations of the United States or in obliga- tions guaranteed as to both principal and interest by the United States. For such purpose, such obligations may be acquired on original issue at the issue price or by purchase of outstanding obligations at the market- place. ‘‘(2) The purposes for which obligations of the United States may be issued under chapter 31 of title 31 are hereby extended 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 av- erage rate of interest, computed as to the end of the calendar month next preceding the date of such issue, borne by all marketable interest bearing obligations of the United States then forming a part of the public debt, except that when such average rate is not a mul- tiple of one-eighth of one percent, the rate of interest of such special obligations shall be the multiple of one- eighth of one percent next lower than such average rate. Such special obligations shall be issued only if the Secretary determines that the purchase of other inter- est bearing obligations of the United States, or of obli- gations 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.’’ Subsec. (c). Pub. L. 108–7, § 125(2), added subsec. (c) and struck out heading and text of former subsec. (c). Page 296 TITLE 2—THE CONGRESS § 1106 Text read as follows: ‘‘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.’’ 1990—Subsec. (d). Pub. L. 101–520 amended subsec. (d) generally. Prior to amendment, subsec. (d) read as fol- lows: ‘‘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.’’ § 1106. Expenditures and audit of trust fund (a) In general The Secretary of the Treasury is authorized to pay to the Center from the interest and earnings of the fund, and moneys credited to the fund pursuant to section 1108(a) of this title, such sums as the Board determines are necessary and appropriate to enable the Center to carry out the provisions of this chapter. (b) Audit by GAO The activities of the Center under this chapter may be audited by the Government Account- ability Office under such rules and regulations as may be prescribed by the Comptroller Gen- eral of the United States. Representatives of the Government Accountability Office shall have ac- cess to all books, accounts, records, reports, and files and all other papers, things, or property be- longing to or in use by the Center, pertaining to such activities and necessary to facilitate the audit. (Pub. L. 100–458, title I, § 117, Oct. 1, 1988, 102 Stat. 2175; Pub. L. 101–520, title III, § 313(b), Nov. 5, 1990, 104 Stat. 2282; Pub. L. 108–271, § 8(b), July 7, 2004, 118 Stat. 814.) Editorial Notes AMENDMENTS 2004—Subsec. (b). Pub. L. 108–271 substituted ‘‘Govern- ment Accountability Office’’ for ‘‘General Accounting Office’’ in two places. 1990—Subsec. (a). Pub. L. 101–520 amended subsec. (a) generally. Prior to amendment, subsec. (a) read as fol- lows: ‘‘The Secretary of the Treasury is authorized to pay to the Center from the interest and earnings of the fund such sums as the Board determines are necessary and appropriate to enable the Center to carry out the provisions of this chapter.’’ § 1107. Executive Director of Center (a) Appointment by Board (1) There shall be an Executive Director of the Center who shall be appointed by the Board. The Executive Director shall be the chief executive officer of the Center and shall carry out the functions of the Center subject to the super- vision and direction of the Board. The Executive Director shall carry out such other functions consistent with the provisions of this chapter as the Board shall prescribe. (2) The Executive Director shall not be eligible to serve as Chairman of the Board. (b) Compensation The Executive Director of the Center shall be compensated at the rate specified for employees in grade GS–18 of the General Schedule under section 5332 of title 5. (Pub. L. 100–458, title I, § 118, Oct. 1, 1988, 102 Stat. 2175.) Statutory Notes and Related Subsidiaries REFERENCES IN OTHER LAWS TO GS–16, 17, OR 18 PAY RATES References in laws to the rates of pay for GS–16, 17, or 18, or to maximum rates of pay under the General Schedule, to be considered references to rates payable under specified sections of Title 5, Government Organi- zation and Employees, see section 529 [title I, § 101(c)(1)] of Pub. L. 101–509, set out in a note under section 5376 of Title 5. § 1108. Administrative provisions (a) In general In order to carry out the provisions of this chapter, the Center may— (1) appoint and fix the compensation of such personnel as may be necessary to carry out the provisions of this chapter, except that in no case shall employees other than the Execu- tive Director be compensated at a rate to ex- ceed the maximum rate for employees in grade GS–15 of the General Schedule under section 5332 of title 5; (2) procure temporary and intermittent serv- ices of experts and consultants as are nec- essary to the extent authorized by section 3109 of title 5, but at rates not to exceed the rate specified at the time of such service for grade GS–18 under section 5332 of such title; (3) prescribe such regulations as it considers necessary governing the manner in which its functions shall be carried out; (4) solicit and receive money and other prop- erty donated, bequeathed, or devised, without condition or restriction other than it be used for the purposes of the Center, and to use, sell, or otherwise dispose of such property for the purpose of carrying out its functions; (5) accept and utilize the services of vol- untary and noncompensated personnel and re- imburse them for travel expenses, including per diem, as authorized by section 5703 of title 5; (6) enter into contracts, grants, or other ar- rangements, or modifications thereof, to carry out the provisions of this chapter, and such contracts or modifications thereof may, with the concurrence of two-thirds of the members of the Board, be entered into without perform- ance or other bonds, and without regard to section 6101 of title 41; (7) make expenditures for official reception and representation expenses as well as expend- itures for meals, entertainment and refresh- ments in connection with official training ses- sions or other authorized programs or activi- ties; (8) apply for, receive and use for the pur- poses of the Center grants or other assistance from Federal sources; (9) establish, receive and use for the pur- poses of the Center fees or other charges for goods or services provided in fulfilling the Center’s purposes to persons not enumerated in section 1104(b) of this title; (10) invest, as specified in section 1105(b) of this title, moneys authorized to be received under this section; and (11) make other necessary expenditures. (b) Omitted (Pub. L. 100–458, title I, § 119, Oct. 1, 1988, 102 Stat. 2176; Pub. L. 101–163, title III, § 320, Nov. 21,