2019 US Code
Title 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

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Citation 51 U.S.C. § 40901 (2019)
Section Name §40901. Science, Space, and Technology Education Trust Fund
Section Text

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.

Source Credit

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

Editorial Notes
Historical and Revision Notes
Revised SectionSource (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.

Publication Title United States Code, 2018 Edition, Supplement 1, Title 51 - NATIONAL AND COMMERCIAL SPACE PROGRAMS
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 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
Contains section 40901
Date 2019
Laws In Effect As Of Date January 24, 2020
Positive Law Yes
Disposition standard
Statutes at Large References 102 Stat. 1014, 1028
108 Stat. 2328
124 Stat. 3391
Public Law References Public Law 100-404, Public Law 103-327, Public Law 111-314
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