Page:United States Statutes at Large Volume 103 Part 2.djvu/336

 103 STAT. 1346 PUBLIC LAW 101-185—NOV. 28, 1989 such organizations to exhibit objects and artifacts on loan from the collections of the Smithsonian Institution or from other sources. Such grants may be made only from the Tribal Museum Endowment Fund. (b) INDIAN ORGANIZATION CONTRIBUTION. —In making grants under subsection (a), the Secretary may require the organization receiving the grant to contribute, in CEish or in kind, not more than 50 percent of the cost of the renovation or repair involved. Such contribution may be derived from any source other than the Tribal Museum Endowment Fund. (c) TRIBAL MUSEUM ENDOWMENT FUND. — (1) ESTABLISHMENT.—T here is established in the Treasury a fund, to be known as the "Tribal Museum Endowment Fund" (hereinafter in this subsection referred to as the "Fund") for the purpose of making grants under subsection (a). The Fund shall consist of (A) amounts deposited and credited under paragraph (2), (B) obligations obtained under paragraph (3), and (C) amounts appropriated pursuant to authorization under para- graph (5). Gifts and (2) DEPOSITS AND CREDITS. — The Secretary of the Interior is property. authorized to accept contributions to the Fund from non- Federal sources and shall deposit such contributions in the Fund. The Secretary of the Treasury shall credit to the Fund the interest on, and the proceeds from sale and redemption of, obligations held in the Fund. (3) INVESTMENTS.—The Secretary of the Treasury may invest any portion of the Fund in interest-bearing obligations of the United States. Such obligations may be acquired on original issue or in the open market and may be held to maturity or sold in the open market. In making investments for the Fund, the Secretary of the Treasury shall consult the Secretary of the Interior with respect to maturities, purchases, and sales, taking into consideration the balance necessary to meet current grant requirements. (4) EXPENDITURES AND CAPITAL PRESERVATION. — Subject to appropriation, amounts derived from interest shall be available for expenditure from the Fund. The capital of the Fund shall not be available for expenditure. (5) AUTHORIZATION OF APPROPRIATIONS. —There is authorized to be appropriated to the Fund $2,000,000 for each fiscal year beginning with fiscal year 1992. (d) ANNUAL REPORT. —Not later than January 31 of each year, the Secretary of the Interior, in consultation with the Secretary of the Treasury, shall submit to the Congress a report of activities under this section, including a statement of— (1) the financial condition of the Fund as of the end of the preceding fiscal year, with an analysis of the Fund transactions during that fiscal year; and (2) the projected financial condition of the Fund, with an analysis of expected Fund transactions for the six fiscal years after that fiscal year. 20 USC 80q-14. SEC. 16. DEFINITIONS. As used in this Act— (1) the term "Board of Regents" means the Board of Regents of the Smithsonian Institution;

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