TECHNICAL REVISIONS TO CHARTER FOR BARRY GOLDWATER SCHOLARSHIP AND EXCELLENCE IN EDUCATION PROGRAM.

SEC. 1089. TECHNICAL REVISIONS TO CHARTER FOR BARRY GOLDWATER SCHOLARSHIP AND EXCELLENCE IN EDUCATION PROGRAM.The Barry Goldwater Scholarship and Excellence in Education Act (title XIV of Public Law 99–661) is amended as follows: (1) Section 1404(b)(3) (20 U.S.C. 4703(b)(3)) is amended by striking out “, at least one of whom” and all that follows through “aerospace education”. (2) Section 1408 (20 U.S.C. 4707) is amended— (A) in subsection (b), by striking out all after “in” in the second sentence and inserting in lieu thereof “public debt securities of the United States with maturities suitable to the fund.”; and (B) in subsection (c)— (i) by striking out “(exceptional special obligations issued exclusively to the fund)”; and (ii) by striking out “, and such” and all that follows through “accrued interest”. (3) Section 1410(b) (20 U.S.C. 4709(b)) is amended by striking out “be compensated” and all that follows through “section 5332” and inserting in lieu thereof “serve as a noncareer appointee of the Senior Executive Service and shall be compensated at a rate determined by the Board in accordance with section 5383”.