S.2213 - A bill to increase the Federal contribution to the Tribally Controlled Community College Endowment Program.101st Congress (1989-1990)
|Sponsor:||Sen. Conrad, Kent [D-ND] (Introduced 03/01/1990)|
|Committees:||Senate - Indian Affairs|
|Latest Action:||Senate - 06/21/1990 Committee on Indian Affairs. Provisions of measure incorporated into measure S. 2167 ordered to be reported. (All Actions)|
This bill has the status Introduced
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Summary: S.2213 — 101st Congress (1989-1990)All Information (Except Text)
Introduced in Senate (03/01/1990)
Amends the Tribally Controlled Community College Assistance Act of 1978 to: (1) increase the maximum allowable Federal contribution to the Tribally Controlled Community College Endowment Program to $750,000; (2) double the amount contributed by the Government for each amount raised by a tribally-controlled community college; and (3) authorize appropriations through FY 1994.
Prohibits grants to establish an endowment trust fund for the Program unless such a college enters into an agreement with the Secretary of the Interior which: (1) provides for the deposit of a capital contribution by the college equal to half of each Federal contribution; and (2) provides that if the college withdraws any of its capital contributions, an amount of Federal contributions equal to twice the amount of such withdrawal shall be withdrawn.