Page:United States Statutes at Large Volume 92 Part 1.djvu/332

 92 STAT. 278

PUBLIC LAW 95-286—MAY 26, 1978

Public Law 95-286 95th Congress

COv)

An Act May 26. 1978 [H.R. 10392]

Woodrow Wilson Memorial Act of 1968, amendment.

20 USC

To establish a Hubert H. Humphrey Fellowship in Social and Political Thought at the Woodrow Wilson International Center for Scholars at the Smithsonian Institution and to establish a trust fund to provide a stipend for such fellowship.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Woodrow Wilson Memorial Act of 1968 (20 U.S.C. 80e-80j) is amended— (1) by redesignating sections 5 through 7 as sections 6 through 8, respectively, and (2) by inserting after section 4 the following new section:

80h-80j. " H U B E R T H. H U M P H R E Y FELLOWSHIP IX SOCIAL AND POLITICAL THOUGHT

Establishment.

20 USC 80g-l.

Hubert H. Humphrey Fellowship Trust Fund. Establishment.

"SEC. 5. (a) There is hereby established in the Center a Hubert H. Humphrey Fellowship in Social and Political Thought. " (b) Each year the Board shall select a distinguished scholar, statesman, or cultural figure, from the United States or abroad, to serve at the Center for a period of up to one year as the Hubert H. Humphrey Fellow in Social and Political Thought (hereinafter in this section referred to as the 'Humphrey Fellow'). Each Humphrey Fellow shall receive compensation in an amount, determined by the Board, not to exceed the annual income of the trust fund established under subsection (d). "(c) Each Humphrey Fellow shall— "(1) deliver a Hubert H. Humphrey Memorial Lecture; and "(2) carry out such projects and work as are consistent with the Humphrey Fellowship. The Board shall provide for the publication and dissemination of the Hubert H. Humphrey Memorial Lectures. "(d)(1) There is hereby established in the Treasury of the United States a trust fund to be known as the Hubert H. Humphrey Fellowship Trust Fund (hereinafter in this section referred to as the 'fund'). The Secretary of the Treasury shall deposit in the fund such sums as may be appropriated to the fund under subsection (f) and shall receive into the Treasury and deposit into the fund such sums as may be received as contributions to the fund. " (2) The Secretary of the Treasury shall invest amounts in the fund in public debt securities with maturities suitable for the needs of the fund and bearing interest at prevailing market rates; and the interest on such investments shall be credited to and fotm a part of the fund. "(3) Notwithstanding section 4(a)(2) any gift, bequest, or devise of money, securities or other property for the benefit of the Hubert H. Humphrey Fellowship in Social and Political Thought received by the Board shall, upon receipt, be deposited into the fund as provided by paragraph (1). "(e) The Secretary of the Treasury shall pay to the Board from amounts received as interest on investments under subsection (d)(2) such sums as the Board determines are necessary and appropriate for the purposes of the Humphrey Fellowship.

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