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United States Information Agency $7,000,000 for fiscal year 1992, and $7,000,000 for fiscal year 1993, to carry out this section.

(e) COMPLIANCE WITH CONGRESSIONAL BUDGET ACT.–Any authority provided by this section shall be effective only to the extent and in such amounts as are provided in advance in appropriation Acts. (f) 5 DESIGNATION OF PROGRAM AND SCHOLARSHIPS.

(1) The scholarship program established by this section shall be known as the “Edmund S. Muskie Fellowship Program".

(2) Scholarships provided under this section shall be known as “Muskie Fellowships”.

* Sec. 801 of the FREEDOM Support Act (Public Law 102–511; 106 Stat. 3352) added subsec c. Eisenhower Exchange Fellowship Act of 1990 Public Law 101-454 (S. 2017), 104 Stat. 1063, approved October 24, 1990;

amended by Public Law 103-415 (HR. 5034), 108 Stat. 4299, approved Oc. tober 25, 1994 AN ACT To provide a permanent endowment for the Eisenhower Exchange

Fellowship Program. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1.- SHORT TITLE.

This Act may be cited as the "Eisenhower Exchange Fellowship Act of 1990”. SEC. 2.2 PURPOSES. The purposes of this Act are

(1) to provide a permanent endowment for the Eisenhower Exchange Fellowship Program;

(2) to honor Dwight D. Eisenhower for his character, courage, and patriotism, and for his leadership based on moral integrity and trust;

(3) to pay tribute to President Eisenhower's leadership in war and peace, through his diverse understanding of history, practical affairs, and the hearts of humankind;

(4) to address America's need for the best possible higher education of its young talent for a competitive world which shares a common and endangered environment;

(5) to advance the network of friendship and trust already established in President Eisenhower's name, so that it may continue to grow to the imminent challenges of the 21st century;

(6) to complete Dwight David Eisenhower's crusade to liberate the people's 3 of Europe from oppression;

(7) to deepen and expand relationships with European nations developing democracy and self-determination; and

(8) to honor President Dwight D. Eisenhower on the occasion of the centennial of his birth through permanent endowment of an established fellowship program, the Eisenhower Exchange Fellowships, to increase educational opportunities for young leaders in preparation for and enhancement of their professional careers, and advancement of peace through international understanding.

120 U.S.C. 5201 note. 720 U.S.C. 5201. 3 So in original. Should read peoples.

United States Information Agency $7,000,000 for fiscal year 1992, and $7,000,000 for fiscal year 1993, to carry out this section.

(e) COMPLIANCE WITH CONGRESSIONAL BUDGET ACT.–Any authority provided by this section shall be effective only to the extent and in such amounts as are provided in advance in appropriation Acts. (f)5 DESIGNATION OF PROGRAM AND SCHOLARSHIPS.

(1) The scholarship program established by this section shall be known as the “Edmund S. Muskie Fellowship Program".

(2) Scholarships provided under this section shall be known as “Muskie Fellowships”.

Sec. 801 of the FREEDOM Support Act (Public Law 102–511; 106 Stat. 3352) added subaer. c. Eisenhower Exchange Fellowship Act of 1990 Public Law 101-454 (S. 2017), 104 Stat. 1063, approved October 24, 1990; amended by Public Law 103-416 (H.R. 6034), 108 Stat. 4299, approved Oc. tober 25, 1994

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AN ACT To provide a permanent endowment for the Eisenhower Exchange

Fellowship Program. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1.- SHORT TITLE.

This Act may be cited as the “Eisenhower Exchange Fellowship Act of 1990”. SEC. 2.- PURPOSES. The purposes of this Act are

(1) to provide a permanent endowment for the Eisenhower Exchange Fellowship Program;

(2) to honor Dwight D. Eisenhower for his character, courage, and patriotism, and for his leadership based on moral integrity and trust;

(3) to pay tribute to President Eisenhower's leadership in war and peace, through his diverse understanding of history, practical affairs, and the hearts of humankind;

(4) to address America's need for the best possible higher education of its young talent for a competitive world which shares a common and endangered environment;

(5) to advance the network of friendship and trust already established in President Eisenhower's name, so that it may continue to grow to the imminent challenges of the 21st century;

(6) to complete Dwight David Eisenhower's crusade to liberate the people's 3 of Europe from oppression;

(7) to deepen and expand relationships with European nations developing democracy and self-determination; and

(8) to honor President Dwight D. Eisenhower on the occasion of the centennial of his birth through permanent endowment of an established fellowship program, the Eisenhower Exchange Fellowships, to increase educational opportunities for young leaders in preparation for and enhancement of their professional careers, and advancement of peace through international understanding.

120 U.S.C. 5201 note. 220 U.S.C. 5201. aSo in original. Should read peoples.

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$80. 2.- EISENHOWER EXCHANGE FELLOWSHIP PROGRAM TRIST

PUSD. (a) ESTABLISHMENT.-There is estabeshed in tte Treasury of the United States a trust fund to be known as the Eiserrower Exchange Fellowship Program Trust Fund hereinader in this Act referred to as the "fund). The fund shall consist of amounts authorized to be appropriated under section 5 of this Act

b) INVESTMENT IN INTEREST BEARING OBLIGATIONS.-It shall be the duty of the Secretary of the Treasury to invest in full amounts appropriated to the fund. Such investments may be made only in interest-bearing obligations of the United States or in občgations guaranteed as to both principal and interests by the United States. Por such purpose, such obligations may be acquired (I) on original issue at the issue price, or (2) by purchase of outstanding obligations at the market price. The purposes for which obligations of the United States may be issued under chapter 31 of title 31, are hereby extended to authorize the issuance at par of special obligations exclusively to the fund. Such special obligations shall bear interest at a rate equal to the average rate of interest, computed as to the end of the calendar month next preceding the date of such issue borne by all marketable interest-bearing obligations of the United States then forming a part of the public debt; except that where such average rate is not a multiple of one-eighth of 1 percent, the rate of interest of such special obligations shall be the multiple of one-eighth of 1 percent next lower than such average rate. Such special obligations shall be issued only if the Secretary determines that the purchase of other than interest-bearing obligations of the United States, or of obligations guaranteed as to both principal and interest by the United States or original issue or at the market price, is not in the public interest.

(c) SALE AND REDEMPTION OF OBLIGATIONS.—Any obligation acquired by the fund (except special obligations issued exclusively to the fund) may be sold by the Secretary of the Treasury at the market price, and such special obligations may be redeemed at par plus accrued interest.

(d) CREDIT TO THE FUND OF INTEREST AND PROCEEDS OF SALE OR REDEMPTION.—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. SEC. 4.. EXPENDITURE AND AUDIT OF TRUST FUND.

(a) AUTHORIZATION OF FUNDING.-For each fiscal year, there is authorized to be appropriated from the fund to Eisenhower Exchange Fellowships, Incorporated, the interest and earnings of the fund.

(b) ACCESS TO BOOKS, RECORDS, ETC. BY GENERAL ACCOUNTING OFFICE.—The activities of Eisenhower Exchange Fellowships, Incorporated, may be audited by the General Accounting Office under such rules and regulations as may be prescribed by the Comptroller General of the United States. The representatives of the General Accounting Office shall have access to all books, accounts, records,

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*20 U.S.C. 5202. 6 Should probably read "interest". *20 U.S.C. 5203.

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