Page:United States Statutes at Large Volume 108 Part 3.djvu/836

 108 STAT. 2588 PUBLIC LAW 103-334-SEPT. 30, 1994 Abortion. SEC. 134. None of the Federal funds appropriated under this Act shall be expended for any abortion except when it is made known to the entity or official to which funds are appropriated under this Act that such procedure is necessary to save the life of the mother or that the pregnancy is the result of an act of rape or incest. INDEPENDENT AUDIT OF RETIREMENT BOARD Contracts. SEC. 135. (a) IN GENERAL.— The District of Columbia Retirement Board shall enter into an agreement with an independent firm meeting the qualifications described in subsection (b) to prepare and submit to the Retirement Board a written set of findings and recommendations not later than 6 months after the date of the enactment of this Act regarding the appropriateness and adequacy of the Retirement Board's fiduciary, management, and investment practices and procedures. (b) QUALIFICATIONS FOR FIRM,—^A firm meets the qualifications described in this subsection if the firm has a demonstrated expertise in the areas of investment and investment consulting, including but not limited to— (1) the review and analysis of the investment portfolios of large public pension funds; (2) the investment practices of the managers of such funds; (3) the relationship of such practices to the fiduciary responsibilities of the managers of such funds; and (4) the analysis of the investment returns achieved by such funds on both an absolute and risk-adjusted basis. (c) REPORT TO CONGRESS.— Not later than 30 days after receiving the findings and recommendations provided under subsection (a), the Retirement Board shall submit a report to the Committee on the District of Columbia of the House of Representatives, the Committee on Governmental Affairs of the Senate, and the Committees on Appropriations of the House of Representatives and the Senate on the findings and recommendations. (d) EXPENDITURE OF FUNDS. —The Retirement Board shall spend not to exceed $250,000 from investment earnings to carry out this section. No additional funds may be provided by the Mayor of the District of Columbia to the Retirement Board to carry out this section. MUNICIPAL FISH WHARF SEC. 136. None of the funds appropriated in this Act shall be obligated or expended on any proposed change in either the use or configuration of, or on any proposed improvement to, the Municipal Fish Wharf until such proposed change or improvement has been reviewed and approved by Federal and local authorities including, but not limited to, the National Capital Planning Commission, the Commission of Fine Arts, and the Council of the District of Columbia, in compliance with applicable local and Federal laws which require public hearings, compliance with applicable environmental regulations including, but not limited to, any amendments to the Washington, D.C. urban renewal plan which must be approved by both the Council of the District of Columbia and the National Capital Planning Commission.

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