Page:United States Statutes at Large Volume 98 Part 1.djvu/158

 98 STAT. 110 16 USC 3706.

PUBLIC LAW 98-244—MAR. 26, 1984 SEC. 7. AUDITS, REPORT REQUIREMENTS, AND PETITION OF ATTORNEY GENERAL FOR EQUITABLE RELIEF.

(a) AUDITS.—For purposes of the Act entitled "An Act for audit of accounts of private corporations established under Federal law", approved August 30, 1964 (Public Law 88-504, 36 U.S.C. 1101-1103), the Foundation shall be treated as a private corporation established under Federal law. (b) REPORT.—The Foundation shall, as soon as practicable after the end of each fiscal year, transmit to Congress a report of its proceedings and activities during such year, including a full and complete statement of its receipts, expenditures, and investments. (c) RELIEF WITH RESPECT TO CERTAIN FOUNDATION ACTS OR FAIL-

URE TO ACT.—If the Foundation— (1) engages in, or threatens to engage in, any act, practice, or policy that is inconsistent with its purposes set forth in section 2(b); or (2) refuses, fails, or neglects to discharge its obligations under this Act, or threatens to do so; the Attorney General of the United States may petition in the United States District Court for the District of Columbia for such equitable relief as may be necessary or appropriate. 16 USC 3707.

SEC. 8. UNITED STATES RELEASE FROM LIABILITY.

The United States shall not be liable for any debts, defaults, acts, or omissions of the Foundation nor shall the full faith and credit of the United States extend to any obligation of the Foundation. 16 USC 3708.

SEC. 9. AMENDMENT AND REPEAL.

The Congress expressly reserves the right to repeal or amend this Act at any time. 16 USC 3709.

SEC. 10. AUTHORIZATION OF APPROPRIATIONS.

For the ten-year period beginning on October 1, 1984, there are authorized to be appropriated to the Department of the Interior not to exceed $1,000,000 to be made available to the Foundation— (1) to match, on a one-for-one basis, private contributions made to the Foundation; and (2) to provide administrative services under section 5. Approved March 26, 1984.

LEGISLATIVE HISTORY—H.R. 2809: HOUSE REPORTS: No. 98-134, Pt. 1 (Comm. on Merchant Marine and Fisheries) and Ft. 2 (Comm. on Ways and Means). SENATE REPORT No. 98-272 (Comm. on Environment and Public Works). CONGRESSIONAL RECORD: Vol. 129 (1983): July 12, considered and passed House. Nov. 2, considered and passed Senate, amended. Vol. 130 (1984): Feb. 6, House concurred in Senate amendments and in another with an amendment. Mar. 8, Senate concurred in House amendment. WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 20, No. 13: Mar. 26, Presidential statement.

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