Page:United States Statutes at Large Volume 102 Part 1.djvu/550

 102 STAT. 512

PUBLIC LAW 100-322—MAY 20, 1988

tion, and each employee of the Veterans' Administration who is involved in the functions of the corporation during any year— "(1) shall be subject to Federal laws and regulations applicable to Federal employees with respect to conflicts of interest in the performance of official functions; and "(2) shall submit to the Administrator an annual statement signed by the director or employee certifying that the director or employee is aware of, and has complied with, such laws and regulations in the same manner as Federal employees are required to. "(d) The Administrator shall submit to the Committees on Veterans' Affairs of the Senate and House of Representatives an annual report on the number and location of corporations established and the amount of the contributions made to each such corporation. 38 USC 4167.

"§ 4167. Report to Congress "Not later than February 1, 1991, the Administrator shall submit to Congress a report on the experience through the end of fiscal year 1990 under this subchapter. The report shall include such recommendations as the Administrator considers appropriate.

38 USC 4168.

"§ 4168. Expiration of authority "No corporation may be established under this subchapter after September 30, 1991.". (b) CLERICAL AMENDMENT.—The table of sections at the beginning of such chapter is amended by adding at the end the following: "4161. "4162. "4163. "4164. "4165. "4166. "4167. "4168.

"SUBCHAPTER VI—RESEARCH CORPORATIONS Authority to establish; status. Purpose of corporations. Board of directors; executive director. General powers. Applicable State law. Accountability and oversight. Report to Congress. Expiration of authority.".

SEC. 205. NURSING HOME REVOLVING FUND.

38 USC 5016.

(a) EsTABusHMENT OF FuND.—Chapter 81 is amended by inserting after section 5015 the following new section: "§ 5016. Nursing home revolving fund "(a)(1) Amounts realized from a transfer pursuant to section 5022(a)(2)(C) of this title shall be administered as a revolving fund and shall be available without fiscal year limitation*. "(2) The revolving fund shall be deposited in a checking account with the Treasurer of the United States. "(b)(1) The expenditure of funds from the revolving fund may be made only for the construction, alteration, and acquisition (including site acquisition) of nursing home facilities and may be made only as provided for in appropriation Acts. (2) For the purpose of section 5004(a)(2) of this title, a bill, resolution, or amendment which provides that funds in the revolving fund may be expended for a project involving a total expenditure of more than $2,000,000 for the construction, alteration, or acquisition (including site acquisition) of a nursing home facility shall be considered to be a bill, resolution, or amendment making an appropriation which may be expended for a major medical facility project".

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