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§ 4502. —  Foundation.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 20USC4502]

 
                           TITLE 20--EDUCATION
 
          CHAPTER 57--JAMES MADISON MEMORIAL FELLOWSHIP PROGRAM
 
Sec. 4502. Foundation


(a) Establishment

    In order to commemorate the bicentennial of the Constitution, there 
is established, as an independent establishment of the executive branch, 
the James Madison Memorial Fellowship Foundation.

(b) Board of Trustees; membership; term of office

    (1) The Foundation shall be subject to the supervision and direction 
of a Board of Trustees. The Board shall be composed of thirteen members, 
as follows:
        (A) Two Members of the Senate, of different political parties, 
    shall be appointed by the President upon the recommendation of the 
    President pro tempore of the Senate, in consultation with the 
    Majority Leader and Minority Leader of the Senate.
        (B) Two Members of the House of Representatives, of different 
    political parties, shall be appointed by the President upon the 
    recommendation of the Speaker of the House, in consultation with the 
    Minority Leader of the House of Representatives.
        (C) Two members of the Federal judiciary shall be appointed by 
    the President upon the recommendation of the Chief Justice of the 
    United States.
        (D) Six members, not more than three of whom shall be of the 
    same political party, shall be appointed by the President with the 
    advice and consent of the Senate, of whom one shall be a chief 
    executive officer of a State, two shall be members of the general 
    public, and three shall be members of the academic community, 
    appointed upon the recommendation of the Librarian of Congress.
        (E) The Secretary of Education or his designate shall serve ex 
    officio as a member of the Board, but shall not be eligible to serve 
    as Chairman.

    (2) The term of office of each member of the Board shall be six 
years; except that (A) the members first taking office shall serve as 
designated by the President, four for terms of two years, five for terms 
of four years, and four for terms of six years, and (B) any member 
appointed to fill a vacancy shall serve for the remainder of the term 
for which his predecessor was appointed, and shall be appointed in the 
same manner as the original appointment for that vacancy was made. This 
provision shall not apply to members ex officio.
    (3) A member of the Board whose term has expired may continue to 
serve until the earlier of--
        (A) the date on which a successor has taken office; or
        (B) the date on which the Congress adjourns sine die to end the 
    session of Congress that commences after the date on which the 
    member's term expired.

(c) Officers

    Members of the Board shall elect from the members of the Board a 
Chairman and such other officers as may be necessary to carry out the 
duties of the Foundation.

(d) Reimbursement for expenses

    (1) Subject to paragraph (2), members of the Board shall serve 
without pay.
    (2) Members of the Board and the President, Executive Secretary, and 
other personnel of the Foundation shall be entitled to reimbursement for 
travel, subsistence, and other necessary expenses incurred in the 
performance of their duties at rates applicable to judges of the United 
States under section 456(a) of title 28.

(Pub. L. 99-500, Sec. 101(b) [title VIII, Sec. 803], Oct. 18, 1986, 100 
Stat. 1783-39, 1783-76, and Pub. L. 99-591, Sec. 101(b) [title VIII, 
Sec. 803], Oct. 30, 1986, 100 Stat. 3341-39, 3341-76; Pub. L. 101-208, 
Sec. 1, Dec. 7, 1989, 103 Stat. 1836; Pub. L. 102-221, Sec. 1(1), Dec. 
11, 1991, 105 Stat. 1676.)

                          Codification

    Pub. L. 99-591 is a corrected version of Pub. L. 99-500.


                               Amendments

    1991--Subsec. (b)(3). Pub. L. 102-221 added par. (3).
    1989--Subsec. (d). Pub. L. 101-208 amended subsec. (d) generally. 
Prior to amendment, subsec. (d) read as follows: ``Members of the Board 
shall serve without pay, but shall be entitled to reimbursement for 
travel, subsistence, and other necessary expenses incurred in the 
performance of their duties.''



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