Summary: S.873 — 98th Congress (1983-1984)All Information (Except Text)

There is one summary for S.873. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (03/21/1983)

Soviet-Eastern European Research and Training Act of 1983 - Establishes the Soviet-Eastern European Research and Training Fund in the Treasury. Authorizes appropriations for the Fund. Establishes the Soviet-Eastern European Studies Oversight Committee. Sets forth the membership of the Committee.

Requires that interest on obligations held in the Fund be available upon approval of the Committee for payments to the National Council for Soviet and East European Research (the Council), the Woodrow Wilson International Center for Scholars of the Smithsonian Institution (the Center), the International Research and Exchanges Board (the Board), and any other organization to carry out research and training in Soviet and Eastern European studies. Sets forth specific uses for such payments.

Requires the National Council, the Center, and the Board to submit an application to the Committee each fiscal year. Authorizes any other organization to submit an application to the Committee. Sets forth requirements for such applications. Requires the Committee to approve expeditiously any application which meets such requirements.

Provides that it shall be the duty of the Secretary of the Treasury to invest portions of the Fund not required for current withdrawal (in the determination of the Committee). Sets forth investment requirements for the Fund.

Requires the Oversight Committee to prepare and submit a specified annual report to the President and to Congress concerning the Fund.

Requires that the provisions of this Act terminate ten years after enactment.