Text: H.R.4980 — 108th Congress (2003-2004)All Bill Information (Except Text)

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Introduced in House (07/22/2004)


108th CONGRESS
2d Session
H. R. 4980

To direct the Secretary of the Interior to arrange for the carving of the figure of former President Ronald Reagan on Mount Rushmore National Memorial, and for other purposes.


IN THE HOUSE OF REPRESENTATIVES
July 22, 2004

Mr. Ose (for himself, Mr. DeLay, Mr. Doolittle, Mr. Gallegly, Mr. Gary G. Miller of California, Mr. Sessions, Mr. Hobson, Mr. Rohrabacher, Mr. Gibbons, Mr. Neugebauer, Mr. Baker, Mr. Smith of Texas, Mr. Duncan, Mr. McKeon, Mr. Hyde, Mr. Souder, Mr. Osborne, Mr. Cannon, and Mr. Radanovich) introduced the following bill; which was referred to the Committee on Resources


A BILL

To direct the Secretary of the Interior to arrange for the carving of the figure of former President Ronald Reagan on Mount Rushmore National Memorial, and for other purposes.

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

SECTION 1. Figure of former President Ronald Reagan on Mount Rushmore National Memorial.

(a) Authorization.—The Secretary of the Interior, acting through the Director of the National Park Service, shall arrange for the carving of the figure of former President Ronald Reagan on Mount Rushmore National Memorial.

(b) Donations.—The Secretary of the Interior, acting through the Director of the National Park Service, shall solicit, accept, and deposit in the fund established under subsection (c) donations from non-Federal sources for carrying out this section.

(c) Fund in the treasury.—

(1) IN GENERAL.—There is created in the Treasury a fund which shall be available to the Secretary of the Interior, acting through the Director of the National Park Service, for carrying out this section. The fund shall consist of—

(A) amounts deposited under subsection (b);

(B) interest and proceeds received under paragraph (2); and

(C) obligations obtained under paragraph (3).

(2) DEPOSITS AND CREDITS.—The Secretary of the Treasury shall credit to the fund the interest on, and the proceeds from sale or redemption of, obligations held in the fund.

(3) OBLIGATIONS.—The Secretary of the Treasury shall invest any portion of the fund that, as determined by the Secretary of the Interior, acting through the Director of the National Park Service, is not required to meet current expenses. Each investment shall be made in an interest bearing obligation of the United States or an obligation guaranteed as to principal and interest by the United States that, as determined by the Secretary of the Interior, acting through the Director of the National Park Service, has a maturity suitable for the fund.

(4) ABOLITION.—Upon the final settlement of the accounts of the fund, the Secretary of the Treasury shall submit to the Congress draft legislation (including technical and conforming provisions) for the abolition of the fund.

(d) Costs provided or reimbursed by non-Federal sources.—All costs associated with carrying out this section, including the cost of carving the figure of former President Ronald Reagan on Mount Rushmore National Memorial and other administrative costs, shall be provided or reimbursed by non-Federal sources.