20 U.S. Code § 1066f - HBCU Capital Financing Advisory Board
There is established within the Department of Education, the Historically Black College and Universities Capital Financing Advisory Board (hereinafter in this part referred to as the “Advisory Board”) which shall provide advice and counsel to the Secretary and the designated bonding authority as to the most effective and efficient means of implementing construction financing on African American college campuses, and advise the Congress of the United States regarding the progress made in implementing this part. The Advisory Board shall meet with the Secretary at least twice each year to advise him as to the capital needs of historically Black colleges and universities, how those needs can be met through the program authorized by this part, and what additional steps might be taken to improve the operation and implementation of the construction financing program.
Not later than six months after August 14, 2008, the Advisory Board shall prepare and submit a report to the authorizing committees regarding the historically Black colleges and universities described in paragraph (1)(A) that includes administrative and legislative recommendations for addressing the issues related to construction financing facing such historically Black colleges and universities.
2008—Subsec. (b)(1). Pub. L. 110–315, § 314(e)(1)(A), substituted “11 members” for “9 members” in introductory provisions.
Subsec. (b)(1)(C). Pub. L. 110–315, § 314(e)(1)(B), substituted “Three members” for “Two members”.
Subsec. (b)(1)(G). Pub. L. 110–315, § 314(e)(1)(C), added subpar. (G).
Subsec. (c). Pub. L. 110–315, § 314(e)(2), added subsec. (c).
1998—Subsec. (b)(1)(D). Pub. L. 105–244, § 306(e)(1)(A), inserted “, or the president’s designee.” after “Fund, Inc.”
Subsec. (b)(1)(E). Pub. L. 105–244, § 306(e)(1)(B), inserted “, or the designee of the Association” before the period.
Subsec. (c). Pub. L. 105–244, § 306(e)(2), struck out heading and text of subsec. (c). Text read as follows: “There are authorized to be appropriated $50,000 for fiscal year 1993 and each of the 4 succeeding fiscal years to carry out this section.”
Advisory boards established after Jan. 5, 1973, to terminate not later than the expiration of the 2-year period beginning on the date of their establishment, unless, in the case of a board established by the President or an officer of the Federal Government, such board is renewed by appropriate action prior to the expiration of such 2-year period, or in the case of a board established by Congress, its duration is otherwise provided by law. See sections 3(2) and 14 of Pub. L. 92–463, Oct. 6, 1972, 86 Stat. 770, 776, set out in the Appendix to Title 5, Government Organization and Employees.