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2003 U.S. Code
Title 42 - THE PUBLIC HEALTH AND WELFARE
CHAPTER 26 - NATIONAL SPACE PROGRAM
SUBCHAPTER I - GENERAL PROVISIONS
Sec. 2467a - National Aeronautics and Space Administration Endeavor Teacher Fellowship Trust Fund

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Metadata
Publication TitleUnited States Code, 2000 Edition, Supplement 3, Title 42 - THE PUBLIC HEALTH AND WELFARE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 42 - THE PUBLIC HEALTH AND WELFARE
CHAPTER 26 - NATIONAL SPACE PROGRAM
SUBCHAPTER I - GENERAL PROVISIONS
Sec. 2467a - National Aeronautics and Space Administration Endeavor Teacher Fellowship Trust Fund
Containssection 2467a
Date2003
Laws in Effect as of DateJanuary 19, 2004
Positive LawNo
Dispositionstandard
Source CreditPub. L. 102-195, §20, Dec. 9, 1991, 105 Stat. 1615.
Statutes at Large Reference105 Stat. 1615
Public Law ReferencePublic Law 102-195


§2467a. National Aeronautics and Space Administration Endeavor Teacher Fellowship Trust Fund (a) Establishment

There is established in the Treasury of the United States, in tribute to the dedicated crew of the Space Shuttle Challenger, a trust fund to be known as the “National Aeronautics and Space Administration Endeavor Teacher Fellowship Trust Fund” (hereafter in this section referred to as the “Trust Fund”). The Trust Fund shall consist of gifts and donations accepted by the National Aeronautics and Space Administration pursuant to section 2476b of this title, as well as other amounts which may from time to time, at the discretion of the Administrator, be transferred from the National Aeronautics and Space Administration Gifts and Donations Trust Fund.

(b) Investment of Trust Fund

The Administrator shall direct the Secretary of the Treasury to invest and reinvest funds in the Trust Fund in public debt securities with maturities suitable for the needs of the Trust Fund, and bearing interest at rates determined by the Secretary of the Treasury, taking into consideration the current average market yield on outstanding marketable obligations of the United States of comparable maturities. Interest earned shall be credited to the Trust Fund.

(c) Purpose

Income accruing from the Trust Fund principal shall be used to create the National Aeronautics and Space Administration Endeavor Teacher Fellowship Program, to the extent provided in advance in appropriation Acts. The Administrator is authorized to use such funds to award fellowships to selected United States nationals who are undergraduate students pursuing a course of study leading to certified teaching degrees in elementary education or in secondary education in mathematics, science, or technology disciplines. Awards shall be made pursuant to standards established for the fellowship program by the Administrator.

(Pub. L. 102–195, §20, Dec. 9, 1991, 105 Stat. 1615.)

Codification

Section was enacted as part of the National Aeronautics and Space Administration Authorization Act, Fiscal Year 1992, and not as part of the National Aeronautics and Space Act of 1958 which is classified principally to this chapter.

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