§ 4703. — Establishment of Barry Goldwater Scholarship and Excellence in Education Foundation.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 20USC4703]
TITLE 20--EDUCATION
CHAPTER 59--BARRY GOLDWATER SCHOLARSHIP AND EXCELLENCE IN EDUCATION
PROGRAM
Sec. 4703. Establishment of Barry Goldwater Scholarship and
Excellence in Education Foundation
(a) Establishment
There is established, as an independent establishment of the
executive branch of the United States Government, the Barry Goldwater
Scholarship and Excellence in Education Foundation.
(b) Board of Trustees
The Foundation shall be subject to the supervision and direction of
the Board of Trustees. The Board shall be composed of 13 members, as
follows:
(1) Two members from the Senate, one appointed by the majority
leader and one appointed by the minority leader of the Senate.
(2) Two members from the House of Representatives, one appointed
by the majority leader and one appointed by the minority leader of
the House of Representatives.
(3) Eight members, not more than four of whom shall be of the
same political party, to be appointed by the President, by and with
the advice and consent of the Senate.
(4) The Secretary of Education, or his designee, who shall serve
ex officio as a member of the Board but shall not be eligible to
serve as Chairman.
(c) Term of office
(1) The term of office of each member of the Board shall be six
years, except that--
(A) the members first taking office shall serve as designated by
the President, four for terms of two years, five for terms of four
years, and four for terms of six years;
(B) a member appointed to fill a vacancy shall serve for the
remainder of the term for which his predecessor was appointed and
shall be appointed in the same manner as the original appointment
for that vacancy was made; and
(C) notwithstanding the term limitation provided for under this
paragraph, a member appointed under subsection (b) of this section
may continue to serve under such appointment until the successor to
the member is appointed.
(2) A Member of Congress appointed to the Board under clause (1) or
(2) of subsection (b) of this section may not serve as a member of the
Board for more than a total of six years.
(d) Travel and subsistence pay
Members of the Board shall serve without pay, but shall be entitled
to reimbursement for travel, subsistence, and other necessary expenses
incurred in the performance of their duties.
(Pub. L. 99-661, div. A, title XIV, Sec. 1404, Nov. 14, 1986, 100 Stat.
4008; Pub. L. 100-26, Sec. 3(10), Apr. 21, 1987, 101 Stat. 274; Pub. L.
102-190, div. A, title X, Sec. 1089(1), Dec. 5, 1991, 105 Stat. 1485;
Pub. L. 103-160, div. A, title XI, Sec. 1179(a), Nov. 30, 1993, 107
Stat. 1770.)
Amendments
1993--Subsec. (c)(1)(C). Pub. L. 103-160 added subpar. (C).
1991--Subsec. (b)(3). Pub. L. 102-190 struck out before period at
end ``, at least one of whom shall be a representative of the aerospace
industry and at least one of whom shall be a representative of a private
foundation concerned with aerospace education''.
1987--Subsec. (c)(2). Pub. L. 100-26 substituted ``clause (1) or
(2)'' for ``clause (2) or (3)''.
Effective Date of 1987 Amendment
Amendment by Pub. L. 100-26 applicable as if included in Pub. L. 99-
661 when enacted on Nov. 14, 1986, see section 12(a) of Pub. L. 100-26,
set out as a note under section 776 of Title 10, Armed Forces.
Section Referred to in Other Sections
This section is referred to in section 4702 of this title.