AUTHORIZATION OF APPROPRIATIONS.

SECTION 1. AUTHORIZATION OF APPROPRIATIONS. Section 5132(a) of title 31, United States Code, is amended by striking out paragraph (2) and inserting in lieu thereof the following new paragraphs: “(2) Not more than $46,511,000 may be appropriated to the Secretary for the fiscal year ending on September 30, 1988, to pay costs of the mints. Not more than $965,000 of amounts appropriated pursuant to the preceding sentence shall remain available until expended for research and development. “(3) Of amounts appropriated pursuant to paragraph (2), not more than $75,000 may be expended for the purpose of hosting the International Mint Directors’ Conference in the United States in 1988, including reception, representation, and transportation expenses. “(4) Notwithstanding sections 3302 and 9701 of this title, the Director of the Mint may— “(A) collect from participants at the International Mint Directors’ Conference reasonable amounts imposed as fees and other assessments in connection with such conference; “(B) hold and administer the amounts referred to in subparagraph (A); and “(C) spend on behalf of the United States the amounts referred to in subparagraph (A) to pay expenses incurred in connection with such conference, including reception, representation, and transportation expenses.”.