PRIVATIZATION OF RADIO FREE EUROPE AND RADIO LIBERTY.

SEC. 312. PRIVATIZATION OF RADIO FREE EUROPE AND RADIO LIBERTY. (a) Declaration of Policy.— It is the sense of the Congress that, in furtherance of the objectives of section 302 of this Act, the funding of Radio Free Europe and Radio Liberty should be assumed by the private sector not later than December 31, 1999, and that the funding of Radio Free Europe and Radio Liberty Research Institute should be assumed by the private sector at the earliest possible time. (b) Presidential Submission.— The President shall submit with his annual budget submission as provided for in section 307 an analysis and recommendations for achieving the objectives of subsection (a). (c) Reports on Transfer of RFE/RL Research Institute.— Not later than 120 days after the date of enactment of this Act, the Board for International Broadcasting, or the Board, if established, shall submit to the appropriate congressional committees a report on the steps being taken to transfer RFE/RL Research Institute pursuant to subsection (a) and shall provide periodic progress reports on such efforts until such transfer has been achieved.