50a U.S. Code Rule - Trust Fund
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There is established in the Treasury of the United States the Civil Liberties Public Education Fund, which shall be administered by the Secretary of the Treasury.
(b) Investment of amounts in the Fund
(c) Uses of the Fund
The Fund shall terminate not later than the earlier of the date on which an amount has been expended from the Fund which is equal to the amount authorized to be appropriated to the Fund by subsection (e), and any income earned on such amount, or 10 years after the date of the enactment of this Act [Aug. 10, 1988]. If all of the amounts in the Fund have not been expended by the end of that 10-year period, investments of amounts in the Fund shall be liquidated and receipts thereof deposited in the Fund and all funds remaining in the Fund shall be deposited in the miscellaneous receipts account in the Treasury.
Source(Pub. L. 100–383, title I, § 104,Aug. 10, 1988, 102 Stat. 905; Pub. L. 102–371, § 2,Sept. 27, 1992, 106 Stat. 1167.)
1992—Subsec. (e). Pub. L. 102–371substituted “$1,650,000,000” for “$1,250,000,000”.
Maximum Amount Authorized for Fund
Pub. L. 101–162, title II, Nov. 21, 1989, 103 Stat. 996, provided that: “Subject to the provisions of section 104(e) of the Civil Liberties Act of 1988 (Public Law 100–383; 50 App. U.S.C. 1989(b-3(e)) [subsec. (e) of this section], the maximum amount authorized under such section for any fiscal year is appropriated, from money in the Treasury not otherwise appropriated, for each fiscal year beginning on or after October 1, 1990, to the Civil Liberties Public Education Fund established by section 104(a) of the Civil Liberties Act of 1988, for payments to eligible individuals under section 105 of that Act [50 App. U.S.C. 1989b–4].”
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