2014 US Code
Title 2 - The Congress (Sections 1 - 6654)
Chapter 5 - Library of Congress (Sections 131 - 185)
Sec. 154 - Library of Congress Trust Fund Board; members; quorum; seal; rules and regulations
Publication Title | United States Code, 2012 Edition, Supplement 2, Title 2 - THE CONGRESS |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 2 - THE CONGRESS CHAPTER 5 - LIBRARY OF CONGRESS Sec. 154 - Library of Congress Trust Fund Board; members; quorum; seal; rules and regulations |
Contains | section 154 |
Date | 2014 |
Laws In Effect As Of Date | January 5, 2015 |
Positive Law | No |
Disposition | standard |
Short Titles | "Library of Congress Trust Fund Board Act". |
Source Credit | Mar. 3, 1925, ch. 423, §1, 43 Stat. 1107; Pub. L. 95-277, May 12, 1978, 92 Stat. 236; Pub. L. 102-246, §§1, 2, Feb. 18, 1992, 106 Stat. 31; Pub. L. 106-481, title II, §201, Nov. 9, 2000, 114 Stat. 2190. |
Statutes at Large References | 43 Stat. 1107 92 Stat. 236 106 Stat. 31 114 Stat. 2190, 2191 |
Public and Private Laws | Public Law 95-277, Public Law 102-246, Public Law 106-481 |
Download PDF
A board is created and established, to be known as the "Library of Congress Trust Fund Board" (hereinafter referred to as the board), which shall consist of the Secretary of the Treasury (or an Assistant Secretary designated in writing by the Secretary of the Treasury), the chairman and the vice chair of the Joint Committee on the Library, the Librarian of Congress, two persons appointed by the President for a term of five years each (the first appointments being for three and five years, respectively), four persons appointed by the Speaker of the House of Representatives (in consultation with the minority leader of the House of Representatives) for a term of five years each (the first appointments being for two, three, four, and five years, respectively), and four persons appointed by the majority leader of the Senate (in consultation with the minority leader of the Senate) for a term of five years each (the first appointments being for two, three, four, and five years, respectively). Upon request of the chair of the Board, any member whose term has expired may continue to serve on the Trust Fund Board until the earlier of the date on which such member's successor is appointed or the expiration of the 1-year period which begins on the date such member's term expires. Seven members of the board shall constitute a quorum for the transaction of business, and the board shall have an official seal, which shall be judicially noticed. The board may adopt rules and regulations in regard to its procedure and the conduct of its business.
(Mar. 3, 1925, ch. 423, §1, 43 Stat. 1107; Pub. L. 95–277, May 12, 1978, 92 Stat. 236; Pub. L. 102–246, §§1, 2, Feb. 18, 1992, 106 Stat. 31; Pub. L. 106–481, title II, §201, Nov. 9, 2000, 114 Stat. 2190.)
CODIFICATIONSection is comprised of first par. of section 1 of act Mar. 3, 1925. Second par. of section 1 is classified to section 155 of this title.
AMENDMENTS2000—Pub. L. 106–481 inserted "and the vice chair" after "the chairman" and "Upon request of the chair of the Board, any member whose term has expired may continue to serve on the Trust Fund Board until the earlier of the date on which such member's successor is appointed or the expiration of the 1-year period which begins on the date such member's term expires." after first sentence and substituted "Seven members of the board" for "Nine members of the board".
1992—Pub. L. 102–246 struck out "and" after "Librarian of Congress," inserted ", four persons appointed by the Speaker of the House of Representatives (in consultation with the minority leader of the House of Representatives) for a term of five years each (the first appointments being for two, three, four, and five years, respectively), and four persons appointed by the majority leader of the Senate (in consultation with the minority leader of the Senate) for a term of five years each (the first appointments being for two, three, four, and five years, respectively)" after "respectively)", and substituted "Nine" for "Three".
1978—Pub. L. 95–277 inserted "(or an Assistant Secretary designated in writing by the Secretary of the Treasury)".
EFFECTIVE DATE OF 2000 AMENDMENTPub. L. 106–481, title II, §202, Nov. 9, 2000, 114 Stat. 2191, provided that: "The amendments made by this title [amending this section] shall take effect on the date of the enactment of this Act [Nov. 9, 2000]."
SHORT TITLEAct Mar. 3, 1925, enacting sections 154 to 162 and 163 of this title, is popularly known as the "Library of Congress Trust Fund Board Act".
Disclaimer: These codes may not be the most recent version. The United States Government Printing Office may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the US site. Please check official sources.