2011 US Code
Title 51 - National and Commercial Space Programs
Subtitle IV - Aeronautics and Space Research and Education (§§ 40101 - 40909)
Chapter 409 - MISCELLANEOUS (§§ 40901 - 40909)
Section 40901 - Science, Space, and Technology Education Trust Fund

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Metadata
Publication TitleUnited States Code, 2006 Edition, Supplement 5, Title 51 - NATIONAL AND COMMERCIAL SPACE PROGRAMS
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 51 - NATIONAL AND COMMERCIAL SPACE PROGRAMS
Subtitle IV - Aeronautics and Space Research and Education
CHAPTER 409 - MISCELLANEOUS
Sec. 40901 - Science, Space, and Technology Education Trust Fund
Containssection 40901
Date2011
Laws in Effect as of DateJanuary 3, 2012
Positive LawYes
Dispositionstandard
Source CreditPub. L. 111-314, §3, Dec. 18, 2010, 124 Stat. 3391.
Statutes at Large References102 Stat. 1014, 1028
108 Stat. 2328
124 Stat. 3391
Public Law ReferencesPublic Law 100-404, Public Law 103-327, Public Law 111-314

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51 USC § 40901 (2011)
§40901. Science, Space, and Technology Education Trust Fund

There is appropriated, by transfer from funds appropriated in the Department of Housing and Urban Development—Independent Agencies Appropriations Act, 1989 (Public Law 100–404, 102 Stat. 1014), for “Construction of facilities”, the sum of $15,000,000 to the “Science, Space, and Technology Education Trust Fund”, which is hereby established in the Treasury of the United States. The Secretary of the Treasury shall invest these funds in the United States Treasury special issue securities, and interest shall be credited to the Trust Fund on a quarterly basis. Such interest shall be available for the purpose of making grants for programs directed at improving science, space, and technology education in the United States. The Administrator, after consultation with the Director of the National Science Foundation, shall review applications made for such grants and determine the distribution of available funds on a competitive basis. Grants shall be made available to any awardee only to the extent that the awardee provides matching funds from non-Federal sources to carry out the program for which grants from this Trust Fund are made. Of the funds made available by this Trust Fund, $250,000 shall be disbursed each calendar quarter to the Challenger Center for Space Science Education. The Administrator shall submit to Congress an annual report on the grants made pursuant to this section.

(Pub. L. 111–314, §3, Dec. 18, 2010, 124 Stat. 3391.)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
40901 42 U.S.C. 2467. Pub. L. 100–404, title II, (par. under heading “Science, Space, and Technology Education Trust Fund”, at 102 Stat. 1028), Aug. 19, 1988, 102 Stat. 1028; Pub. L. 103–327, title III, Sept. 28, 1994, 108 Stat. 2328.

In the first sentence, the words “the Department of Housing and Urban Development—Independent Agencies Appropriations Act, 1989 (Public Law 100–404, 102 Stat. 1014)” are substituted for “this Act” to clarify the reference.

In the second sentence, the words “of the Treasury” are inserted after “the Secretary” for clarity.

In the sixth sentence, the word “hereafter”, which appeared after “each calendar quarter”, is omitted as unnecessary.

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