Page:United States Statutes at Large Volume 98 Part 2.djvu/1085

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PUBLIC LAW 98-000—MMMM. DD, 1984

PUBLIC LAW 98-480—OCT. 17, 1984

STAT. 2245


"SEC. 601. (a) The Secretary shall carry out a program of making grants from sums appropriated pursuant to section 4(a)(5) to State and local public libraries for the purposes of supporting literacy programs. "(b) Grants to State public libraries under this title shall be for the purposes of— "(1) coordinating and planning library literacy programs; and "(2) making arrangements for training librarians and volunteers to carry out such programs. "(c) Grants to local public libraries shall be for the purposes of— "(1) promoting the use of the voluntary services of individuals, agencies, and organizations in providing literacy programs; "(2) acquisition of materials for literacy programs; and "(3) using library facilities for such programs. "(d) Recipients of grants under this title shall be selected on a competitive basis. "(e) No grant under this title for any fiscal year shall exceed $25,000.". TITLE II—HOWARD UNIVERSITY ENDOWMENT SHORT TITLE

SEC. 201. This title may be cited as the "Howard University Endowment Act".

20 USC 375. Ante, p. 2237.

Howard University Endowment Act. 20 USC 130aa note.


SEC. 202. For purposes of this title— (1) the term "endowment fund" means a fund, or a tax exempt foundation, established and maintained by Howard University for the purpose of generating income for its support, but which shall not include real estate; (2) the term "endowment fund corpus" means an amount equal to the grants awarded under this title plus an amount equal to such grants provided by Howard University; (3) the term "endowment fund income" means an amount equal to the total value of the endowment fund established under this title minus the endowment fund corpus; (4) the term "Secretary" means the Secretary of Education; and (5) the term "University" means the Howard University established by the Act of March 2, 1867.

20 USC 130aa.

14 Stat. 438.


SEC. 203. (a) The Secretary is authorized to establish an endowment program, in accordance with the provisions of this title, for the purpose of establishing or increasing endowment funds, providing additional incentives to promote fundraising activities, and encouraging independence and self-sufficiency at the University. (b)(1) From the funds appropriated pursuant to this title for endowments in any fiscal year for the University, the Secretary is

20 USC 130aa-l.