S.2364 - A bill to amend title 36, United Sates Code, to grant a Federal charter to the Irish American Cultural Institute.108th Congress (2003-2004)
|Sponsor:||Sen. Corzine, Jon S. [D-NJ] (Introduced 04/29/2004)|
|Committees:||Senate - Judiciary|
|Latest Action:||Senate - 04/29/2004 Read twice and referred to the Committee on the Judiciary. (All Actions)|
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Text: S.2364 — 108th Congress (2003-2004)All Information (Except Text)
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Introduced in Senate (04/29/2004)
[Congressional Bills 108th Congress] [From the U.S. Government Printing Office] [S. 2364 Introduced in Senate (IS)] 2d Session S. 2364 To amend title 36, United States Code, to grant a Federal charter to the Irish American Cultural Institute. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES April 29, 2004 Mr. Corzine (for himself, Ms. Collins, and Mr. Lautenberg) introduced the following bill; which was read twice and referred to the Committee on the Judiciary _______________________________________________________________________ A BILL To amend title 36, United States Code, to grant a Federal charter to the Irish American Cultural Institute. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. CHARTER FOR IRISH AMERICAN CULTURAL INSTITUTE. Part B of subtitle II of title 36, United States Code, is amended-- (1) by redesignating chapter 1001 as chapter 1003; (2) by redesignating sections 100101 through 100110, and the items relating thereto in the table of sections, as sections 100301 through 100310, respectively; and (3) by inserting after chapter 901 the following new chapter: ``CHAPTER 1001--IRISH AMERICAN CULTURAL INSTITUTE ``Sec. ``100101. Organization. ``100102. Purposes. ``100103. Membership. ``100104. Governing body. ``100105. Powers. ``100106. Exclusive right to name, seals, emblems, and badges. ``100107. Restrictions. ``100108. Duty to maintain tax-exempt status. ``100109. Principal office. ``100110. Records and inspection. ``100111. Service of process. ``100112. Liability for acts of officers and agents. ``100113. Annual report. ``Sec. 100101. Organization ``(a) Federal Charter.--The Irish American Cultural Institute (in this chapter, the `corporation'), incorporated in New Jersey, is a federally chartered corporation. ``(b) Expiration of Charter.--If the corporation does not comply with any provision of this chapter, the charter granted by this chapter expires. ``Sec. 100102. Purposes ``The purposes of the corporation are as provided in the articles of incorporation and include-- ``(1) establishing the Museum of Irish America in Washington, D.C., as the center of Irish American thought, dialogue, debate, and reflection; ``(2) recognizing and recording a living memorial to the contributions of Irish-born and Irish Americans to the development of the United States; ``(3) providing a focal point for all Irish Americans, who make up 17 percent of the United States population, according to the 2000 census; ``(4) exploring past, current, and future events in Ireland and the United States, as they relate to Irish Americans and society as a whole; ``(5) documenting the tremendous contributions of Irish immigrants to the United States in the areas of architecture, military, politics, religion, labor, sports, literature, and art; ``(6) providing ongoing studies to ensure that the experiences of the past will benefit the future of both Ireland and the United States; and ``(7) establishing an Irish American Studies Program for students from both Ireland and the United States. ``Sec. 100103. Membership ``Eligibility for membership in the corporation and the rights and privileges of membership are as provided in the bylaws. ``Sec. 100104. Governing body ``(a) Board of Directors.--The board of directors and the responsibilities of the board are as provided in the articles of incorporation. ``(b) Officers.--The officers and the election of officers are as provided in the articles of incorporation. ``Sec. 100105. Powers ``The corporation shall have only the powers provided in its bylaws and articles of incorporation filed in each State in which it is incorporated. ``Sec. 100106. Exclusive right to name, seals, emblems, and badges ``The corporation has the exclusive right to use the name `Irish American Cultural Institute' and any seals, emblems, and badges relating thereto that the corporation adopts. ``Sec. 100107. Restrictions ``(a) Stock and Dividends.--The corporation may not issue stock or declare or pay a dividend. ``(b) Political Activities.--The corporation or a director or officer as such may not contribute to, support, or participate in any political activity or in any manner attempt to influence legislation. ``(c) Distribution of Income or Assets.--The income or assets of the corporation may not inure to the benefit of, or be distributed to, a director, officer, or member during the life of the charter granted by this chapter. This subsection does not prevent the payment of reasonable compensation to an officer or member in an amount approved by the board of directors. ``(d) Loans.--The corporation may not make any loan to a director, officer, or employee. ``(e) Claim of Governmental Approval or Authorization.--The corporation may not claim congressional approval or the authority of the United States Government for any of its activities. ``Sec. 100108. Duty to maintain tax-exempt status ``The corporation shall maintain its status as an organization exempt from taxation under the Internal Revenue Code of 1986 (26 U.S.C. 1 et seq.). ``Sec. 100109. Principal office ``The principal office of the corporation shall be in Morristown, New Jersey, or another place decided by the board of directors. ``Sec. 100110. Records and inspection ``(a) Records.--The corporation shall keep-- ``(1) correct and complete books and records of account; ``(2) minutes of the proceedings of its members, board of directors, and committees having any of the authority of its board of directors; and ``(3) at its principal office, a record of the names and addresses of its members entitled to vote. ``(b) Inspection.--A member entitled to vote, or an agent or attorney of the member, may inspect the records of the corporation for any proper purpose, at any reasonable time. ``Sec. 100111. Service of process ``The corporation shall comply with the law on service of process of each State in which it is incorporated and each State in which it carries on activities. ``Sec. 100112. Liability for acts of officers and agents ``The corporation is liable for the acts of its officers and agents acting within the scope of their authority. ``Sec. 100113. Annual report ``The corporation shall submit an annual report to Congress on the activities of the corporation during the prior fiscal year. The report shall be submitted at the same time as the report of the audit required by section 10101 of this title. The report shall not be printed as a public document.''. SEC. 2. CLERICAL AMENDMENTS. The table of chapters at the beginning of subtitle II of title 36, United States Code, is amended-- (1) in the item relating to chapter 1001, by striking ``1001'' and inserting ``1003'' and by striking ``100101'' and inserting ``100301''; and (2) by inserting after the item relating to chapter 901 the following new item: ``1001. Irish American Cultural Institute................... 100101''. <all>