Page:United States Statutes at Large Volume 104 Part 2.djvu/83

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PUBLIC LAW 101-454 —OCT. 24, 1990 104 STAT. 1063 Public Law 101-454 101st Congress An Act Eisenhower Exchange Fellowship Act of 1990. 20 USC 5201 note. 20 USC 5201. To provide a permanent endowment for the Eisenhower Exchange Fellowship Oct. 24, 1990 Program. [S. 2017] Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the "Eisenhower Exchange Fellowship Act of 1990". SEC. 2. PURPOSES. The purposes of this Act are— (1) to provide a permanent endowment for the Eisenhower Exchange Fellowship Program; (2) to honor Dwight D. Eisenhower for his character, courage, and patriotism, and for his leadership based on moral integrity and trust; (3) to pay tribute to President Eisenhower's leadership in war and peace, through his diverse understanding of history, practical affairs, and the hearts of humankind; (4) to address America's need for the best possible higher education of its young talent for a competitive world which shares a common and endangered environment; (5) to advance the network of friendship and trust already established in President Eisenhower's name, so that it may continue to grow to the imminent challenges of the 21st century; (6) to complete Dwight David Eisenhower's crusade to liberate the people's of Europe from oppression; (7) to deepen and expand relationships with European nations developing democracy and self-determination; and (8) to honor President Dwight D. Eisenhower on the occasion of the centennial of his birth through permanent endowment of an established fellowship program, the Eisenhower Exchange Fellowships, to increase educational opportunities for young leaders in preparation for and enhancement of their professional careers, and advancement of peace through international understanding. SEC. 3. EISENHOWER EXCHANGE FELLOWSHIP PROGRAM TRUST FUND. 20 USC 5202. (a) ESTABLISHMENT.—T here is established in the Treasury of the United States a trust fund to be known as the Eisenhower Exchange Fellowship Program Trust Fund (hereinafter in this Act referred to as the "fund"). The fund shall consist of amounts authorized to be appropriated under section 5 of this Act. (b) INVESTMENT IN INTEREST BEARING OBLIGATIONS.— I t shall be the duty of the Secretary of the Treasury to invest in full amounts appropriated to the fund. Such investments may be made only in interest-bearing obligations of the United States or in obligations