Pub. L. 105-83, tit. III, sec. 335
Pub. L. 105-83, tit. III, sec. 335
Sec. 335. The joint resolution entitled “Joint Resolution to establish a commission to formulate plans for a memorial to Franklin Delano Roosevelt”, approved August 11, 1955 (69 Stat. 694), is amended— (1) in the first section by inserting before the last sentence the following: “The Commission shall submit a final report to the President and Congress prior to termination.”; (2) by redesignating section 4 as section 5; and (3) by inserting after section 3 the following: “termination of the commission “Sec. 4. (a) In General.—The Commission shall terminate on the earlier of—111 STAT. 1602 “(1) December 31, 1997; or “(2) the date that the Commission reports to the President and the Congress that the Commission’s work is complete. “(b) Commission Funds.— “(1) Designation.—Before the termination of the Commission, the Commission shall designate a nonprofit organization to collect, manage, and expend Commission funds after its termination. “(2) Transfer of funds.—Before termination the Commission shall transfer all Commission funds to the entity designated under paragraph (1). “(3) Amounts collected after termination.—The entity designated under paragraph (1) shall have the right to collect any amounts accruing to the Commission after the Commission’s termination, including amounts— “(A) given to the Commission as a gift or bequest; or “(B) raised from the sale of coins issued under the United States Commemorative Coin Act of 1996 (110 Stat. 4005; 31 U.S.C. 5112 note). “(4) Uses of funds.—The Commission may specify uses for any funds made available under this section to the entity designated under paragraph (1), including— “(A) to provide for the support, maintenance, and repair of the Memorial; and “(B) to interpret and educate the public about the Memorial. “(5) Negotiation and contract.—The Commission may negotiate and contract with a nonprofit organization before designating the organization under paragraph (1).”.