Pub. L. 104-106, div. A, tit. IX, subtit. B, sec. 914

FISHER HOUSE TRUST FUNDS.

EnactedYear: 1996Length: 691 wordsOfficial source
SEC. 914. FISHER HOUSE TRUST FUNDS. (a) Establishment.— (1) Chapter 131 of title 10, United States Code, is amended by adding at the end the following new section: “§ 2221. Fisher House trust funds “(a) Establishment.— The following trust funds are established on the books of the Treasury: “(1) The Fisher House Trust Fund, Department of the Army. “(2) The Fisher House Trust Fund, Department of the Air Force. “(b) Investment.— Funds in the trust funds may be invested in securities of the United States. Earnings and gains realized from the investment of funds in a trust fund shall be credited to the trust fund. “(c) Use of Funds.— (1) Amounts in the Fisher House Trust Fund, Department of the Army, that are attributable to earnings or gains realized from investments shall be available for the operation and maintenance of Fisher houses that are located in proximity to medical treatment facilities of the Army. “(2) Amounts in the Fisher House Trust Fund, Department of the Air Force, that are attributable to earnings or gains realized from investments shall be available for the operation and maintenance of Fisher houses that are located in proximity to medical treatment facilities of the Air Force. “(3) The use of funds under this section is subject to section 1321(b)(2) of title 31. “(d) Flsher House Defined.— In this section, the term Fisher house’ means a housing facility that— “(1) is located in proximity to a medical treatment facility of the Army or the Air Force; and “(2) is available for residential use on a temporary basis by patients at such facilities, members of the family of such patients, and others providing the equivalent of familial support for such patients.”. (2) The table of sections at the beginning of such chapter is amended by adding at the end the following new item: “2221. Fisher House trust funds.”. (b) Corpus of Trust Funds.— (1) The Secretary of the Treasury shall— (A) close the accounts established with the funds that were required by section 8019 of Public Law 102–172 (105 Stat. 1175) and section 9023 of Public Law 102–396 (106 Stat. 1905) to be transferred to an appropriated trust fund; and (B) transfer the amounts in such accounts to the Fisher House Trust Fund, Department of the Army, established by subsection (a)(1) of section 2221 of title 10, United States Code, as added by subsection (a). (2) The Secretary of the Air Force shall transfer to the Fisher House Trust Fund, Department of the Air Force, established by subsection (a)(2) of section 2221 of title 10, United States Code (as added by section (a)), all amounts in the accounts for Air Force installations and other facilities that, as of the date of the 110 STAT. 413enactment of this Act, are available for operation and maintenance of Fisher houses (as defined in subsection (d) of such section 2221). (c) Conforming Amendments.— Section 1321 of title 31, United States Code, is amended— (1) by adding at the end of subsection (a) the following: “(92) Fisher House Trust Fund, Department of the Army. “(93) Fisher House Trust Fund, Department of the Air Force.”; and (2) in subsection (b)— (A) by inserting “(1)” after “(b)”; (B) in the second sentence, by striking out “Amounts accruing to these funds (except to the trust fund ‘Armed Forces Retirement Home Trust Fund’)” and inserting in lieu thereof “Except as provided in paragraph (2), amounts accruing to these funds”; (C) by striking out the third sentence; and (D) by adding at the end the following: “(2) Expenditures from the following trust funds may be made only under annual appropriations and only if the appropriations are specifically authorized by law: “(A) Armed Forces Retirement Home Trust Fund. “(B) Fisher House Trust Fund, Department of the Army. “(C) Fisher House Trust Fund, Department of the Air Force.”. (d) Repeal of Superseded Provisions.— The following provisions of law are repealed: (1) Section 8019 of Public Law 102–172 (105 Stat. 1175). (2) Section 9023 of Public Law 102–396 (106 Stat. 1905). (3) Section 8019 of Public Law 103–139 (107 Stat. 1441). (4) Section 8017 of Public Law 103–335 (108 Stat. 2620).
Pub. L. 104-106, div. A, tit. IX, subtit. B, sec. 914: FISHER HOUSE TRUST FUNDS. | Justis AI