Page:United States Statutes at Large Volume 105 Part 1.djvu/725

 PUBLIC LAW 102-138—OCT. 28, 1991 105 STAT. 697 the section referred to as the "program"). The fund and the program shall be administered by the United States Information Agency in accordance with this section and the Mutual Educational and Cultural Exchange Act of 1961. The fund may accept contributions and gifts from public and private sources. (b) ADMINISTRATION OF THE FUND. —It shall be the duty of the Director of the United States Information Agency to invest in full amounts made available to the fund. Such investments may be made only in interest-bearing obligations of the United States or in obligations guaranteed as to both principal and interest by the United States. 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. (c) APPROPRIATIONS FROM THE FUND.—For each fiscal year, there is authorized to be appropriated from the fund for the Israeli Arab Scholarship Program the interest and earnings of the fund. (d) FUNDING. —Amounts made available under section 556(b) of the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1990 (as amended by section 551 of the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1991), are authorized to be appropriated to the fund. SEC. 215. ELIGIBILITY OF NED FOR GRANTS. Section 504 of the National Endowment for Democracy Act (22 U.S.C. 4413) is amended by adding at the end thereof the following: "(j) After January 31, 1993, no member of the Board of the Endowment may be a member of the board of directors or an officer of any grantee of the National Endowment for Democracy which receives more than 5 percent of the funds of the Endowment for any fiscal year.". SEC. 216. ESTABLISHMENT OF USIA OFFICE IN VIENTIANE, LAOS. The Director of the United States Information Agency shall establish an office in Vientiane, Laos, to assist in the propagation of American economic and political values. PART B—BUREAU OF EDUCATIONAL AND CULTURAL AFFAIRS SEC. 221. AUTHORIZATION OF APPROPRIATIONS. In addition to amounts otherwise made available under section 201 for such purposes, there are authorized to be appropriated to the Bureau of Educational and Cultural Affairs to carry out the purposes of the Mutual Educational and Cultural Exchange Act of 1961 the following amounts: (1) SALARIES AND EXPENSES. —For "Salaries and Expenses", $37,749,000 for the fiscal year 1992 and $39,308,000 for the fiscal year 1993. (2) FULBRIGHT ACADEMIC EXCHANGE PROGRAMS. — For the "Fulbright Academic Exchange Programs", $110,454,000 for the fiscal year 1992 and $117,297,000 for the fiscal year 1993. (3) HUBERT H. HUMPHREY FELLOWSHIP PROGRAM.— For the "Hubert H. Humphrey Fellowship Program", $5,682,000 for the fiscal year 1992 and $6,000,000 for the fiscal year 1993.

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