§ 2902. — JapanUnited States Friendship Trust Fund.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC2902]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 44--JAPAN-UNITED STATES FRIENDSHIP
Sec. 2902. Japan-United States Friendship Trust Fund
(a) Establishment
There is established in the Treasury of the United States a trust
fund to be known as the Japan-United States Friendship Trust Fund
(hereafter referred to as the ``Fund'').
(b) Use of amounts in Fund for promotion of scholarly, cultural, and
artistic activities between Japan and United States
Amounts in the Fund shall be used for the promotion of scholarly,
cultural, and artistic activities between Japan and the United States,
including--
(1) support for studies, including language studies, in
institutions of higher education or scholarly research in Japan and
the United States, designed to foster mutual understanding between
Japan and the United States;
(2) support for major collections of Japanese books and
publications in appropriate libraries located throughout the United
States and similar support for collections of American books and
publications in appropriate libraries located throughout Japan;
(3) support for programs in the arts in association with
appropriate institutions in Japan and the United States;
(4) support for fellowships and scholarships at the graduate and
faculty levels in Japan and the United States in accord with the
purposes of this chapter;
(5) support for visiting professors and lecturers at colleges
and universities in Japan and the United States; and
(6) support for other Japan-United States cultural and
educational activities consistent with the purposes of this chapter.
(c) Use of amounts in Fund for administrative expenses of Japan-United
States Friendship Commission
Amounts in the Fund may also be used to pay administrative expenses
of the Japan-United States Friendship Commission, established by section
2903 of this title, as directed by that Commission.
(d) Authorization of appropriations; source of amounts
There is authorized to be appropriated to the Fund, for fiscal year
1976, an amount equal to 7.5 per centum of the total funds payable to
the United States pursuant to the Agreement Between Japan and the United
States of America Concerning the Ryukyu Islands and the Daito Islands,
signed at Washington and Tokyo, June 17, 1971, including interest and
proceeds accruing to the Fund from such funds in accordance with
sections 2905(4) and 2906 of this title.
(e) Additional authorization of appropriations; source of amounts;
subsequent use of unappropriated portion of amounts authorized
to be appropriated
(1) There is authorized to be appropriated to the Fund, for fiscal
year 1976, in addition to the amount authorized to be appropriated by
subsection (d) of this section, those funds available in United States
accounts in Japan and transferred by the Government of Japan to the
United States pursuant to the United States request made under article V
of the agreement between the United States of America and Japan
regarding the settlement of Postwar Economic Assistance to Japan, signed
in Tokyo, January 9, 1962, and the exchange of notes of the same date
(13 U.S.T. 1957; T.I.A.S. 5154) (the G.A.R.I.O.A. Account), including
interest accruing to the G.A.R.I.O.A. Account and interest and proceeds
accruing to the Fund from such funds in accordance with sections 2905(4)
and 2906 of this title.
(2) The amount authorized to be appropriated by paragraph (1) of
this subsection shall not include any amount required by law to be
applied to United States participation in the International Ocean
Exposition to be held in Okinawa, Japan.
(3) Any unappropriated portion of the amount authorized to be
appropriated by subsection (d) of this section and paragraph (1) of this
subsection for fiscal year 1976 may be appropriated in any subsequent
fiscal year.
(Pub. L. 94-118, Sec. 3, Oct. 20, 1975, 89 Stat. 603; Pub. L. 94-350,
title IV, Sec. 401(2), (3)(A), July 12, 1976, 90 Stat. 833.)
Amendments
1976--Subsecs. (d), (e)(1). Pub. L. 94-350 included interest and
proceeds accruing to the Fund in accordance with sections 2905(4) and
2906 of this title.
Section Referred to in Other Sections
This section is referred to in sections 2904, 2906 of this title.
