Text: H.R.4354 — 105th Congress (1997-1998)All Bill Information (Except Text)

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Public Law No: 105-223 (08/07/1998)

 
[105th Congress Public Law 223]
[From the U.S. Government Printing Office]


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[DOCID: f:publ223.105]


[[Page 111 STAT. 1250]]

Public Law 105-223
105th Congress

                                 An Act


 
To establish the United States Capitol Police Memorial Fund on behalf of 
 the families of Detective John Michael Gibson and Private First Class 
Jacob Joseph Chestnut of the United States Capitol Police. <<NOTE: Aug. 
                        7, 1998 -  [H.R. 4354]>> 

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. <<NOTE: 40 USC 207c.>>  ESTABLISHMENT OF UNITED STATES 
            CAPITOL POLICE MEMORIAL FUND.

    There is hereby established in the Treasury of the United States the 
United States Capitol Police Memorial Fund (hereafter in this Act 
referred to as the ``Fund''). All amounts received by the Capitol Police 
Board which are designated for deposit into the Fund shall be deposited 
into the Fund.

SEC. 2. <<NOTE: 40 USC 207C-1.>>  PAYMENTS FROM FUND FOR FAMILIES OF 
            DETECTIVE GIBSON AND PRIVATE FIRST CLASS CHESTNUT.

    Subject to the regulations issued under section 4, amounts in the 
Fund shall be paid to the families of Detective John Michael Gibson and 
Private First Class Jacob Joseph Chestnut of the United States Capitol 
Police as follows:
            (1) Fifty percent of such amounts shall be paid to the widow 
        and children of Detective Gibson.
            (2) Fifty percent of such amounts shall be paid to the widow 
        and children of Private First Class Chestnut.

SEC. 3. <<NOTE: 40 USC 207-2.>>  TAX TREATMENT OF FUND.

    (a) Contributions to Fund.--For purposes of the Internal Revenue 
Code of 1986, any contribution or gift to or for the use of the Fund 
shall be treated as a contribution or gift for exclusively public 
purposes to or for the use of an organization described in section 
170(c)(1) of such Code.
    (b) Treatment of Payments From Fund.--Any payment from the Fund 
shall not be subject to any Federal, State, or local income or gift tax.
    (c) Exemption.--For purposes of such Code, notwithstanding section 
501(c)(1)(A) of such Code, the Fund shall be treated as described in 
section 501(c)(1) of such Code and exempt from tax under section 501(a) 
of such Code.

SEC. 4. ADMINISTRATION BY CAPITOL POLICE BOARD. <<NOTE: Regulations. 40 
            USC 207c-3.>> 

    The Capitol Police Board shall administer and manage the Fund 
(including establishing the timing and manner of making payments under 
section 2) in accordance with regulations issued by the Board, subject 
to the approval of the Committee on Rules and Administration of the 
Senate and the Committee on House

[[Page 111 STAT. 1251]]

Oversight of the House of Representatives. Under such regulations, the 
Board shall pay any balance remaining in the Fund upon the expiration of 
the 6-month period which begins on the date of the enactment of this Act 
to the families of Detective John Michael Gibson and Private First Class 
Jacob Joseph Chestnut in accordance with section 2, and shall disburse 
any amounts in the Fund after the expiration of such period in such 
manner as the Board may establish. Under such regulations, and using 
amounts in the Fund, a financial adviser or trustee, as appropriate, for 
the families of Detective John Michael Gibson and Private First Class 
Jacob Joseph Chestnut of the United States Capitol Police shall be 
appointed to advise the families respecting disbursements to them of 
amounts in the Fund.

    Approved August 7, 1998.

LEGISLATIVE HISTORY--H.R. 4354:
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CONGRESSIONAL RECORD, Vol. 144 (1998):
            July 31, considered and passed House and Senate.

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