NASA TEACHER FELLOWSHIP TRUST FUND 1 SEC. 20. [42 U.S.C. 2467a] NATIONAL AERONAUTICS AND SPACE ADMINISTRATION ENDEAVOR TEACHER FELLOWSHIP TRUST FUND. (a) ESTABLISHMENT.-There is established in the Treasury of the United States, in tribute to the dedicated crew of the Space Shuttle Challenger, a trust fund to be known as the "National Aeronautics and Space Administration Endeavor Teacher Fellowship Trust Fund" (hereafter in this section referred to as the "Trust Fund"). The Trust Fund shall consist of gifts and donations accepted by the National Aeronautics and Space Administration pursuant to section 208 of the National Aeronautics and Space Act of 1958 (42 U.S.C. 2476b), as well as other amounts which may from time to time, at the discretion of the Administrator, be transferred from the National Aeronautics and Space Administration Gifts and Donations Trust Fund. (b) INVESTMENT OF TRUST FUND.-The Administrator shall direct the Secretary of the Treasury to invest and reinvest funds in the Trust Fund in public debt securities with maturities suitable for the needs of the Trust Fund, and bearing interest at rates determined by the Secretary of the Treasury, taking into consideration the current average market yield on outstanding marketable obligations of the United States of comparable maturities. Interest earned shall be credited to the Trust Fund. (c) PURPOSE.-Income accruing from the Trust Fund principal shall be used to create the National Aeronautics and Space Administration Endeavor Teacher Fellowship Program, to the extent provided in advance in appropriation Acts. The Administrator is authorized to use such funds to award fellowships to selected United States nationals who are undergraduate students pursuing a course of study leading to certified teaching degrees in elementary education or in secondary education in mathematics, science, or technology disciplines. Awards shall be made pursuant to standards established for the fellowship program by the Administrator. 1 This section was enacted as section 20 of the National Aeronautics and Space Administration Authorization Act, Fiscal Year 1992 (Public Law 102-195). NATIONAL SPACE COUNCIL 1 TITLE V-NATIONAL SPACE COUNCIL NATIONAL SPACE COUNCIL SEC. 501. [42 U.S.C. 2471] (a) Effective February 1, 1989, there is established in the Executive Office of the President the National Space Council, which shall be chaired by the Vice President. (b) By March 1, 1989, the President shall submit to the Congress a report that outlines the composition and functions of the National Space Council. (c) The Council may employ a staff of not more than seven persons, which is to be headed by a civilian executive secretary, who shall be appointed by the President. 1 This title was enacted as title V of the National Aeronautics and Space Administration Authorization Act, Fiscal Year 1989 (Public Law 100-685). NATIONAL SPACE GRANT COLLEGE AND FELLOWSHIP ACT1 TITLE II-NATIONAL SPACE GRANT COLLEGE AND SEC. 201. [42 U.S.C. 2486 note] This title may be cited as the "National Space Grant College and Fellowship Act". SEC. 202. [42 U.S.C. 2486] The Congress finds that (1) the vitality of the Nation and the quality of life of the citizens of the Nation depend increasingly on the understanding, assessment, development, and utilization of space re sources; (2) research and development of space science, space technology, and space commercialization will contribute to the quality of life, national security, and the enhancement of com merce; (3) the understanding and development of the space frontiers require a broad commitment and an intense involvement on the part of the Federal Government in partnership with State and local governments, private industry, universities, organizations, and individuals concerned with the exploration and utilization of space; (4) the National Aeronautics and Space Administration, through the national space grant college and fellowship program, offers the most suitable means for such commitment and involvement through the promotion of activities that will result in greater understanding, assessment, development, and utilization; and (5) Federal support of the establishment, development, and operation of programs and projects by space grant colleges, space grant regional consortia, institutions of higher education, institutes, laboratories, and other appropriate public and private entities is the most cost-effective way to promote such activities. SEC. 203. [42 U.S.C. 2486a] The purposes of this title are to (1) increase the understanding, assessment, development, and utilization of space resources by promoting a strong educational base, responsive research and training activities, and broad and prompt dissemination of knowledge and techniques; (2) utilize the abilities and talents of the universities of the Nation to support and contribute to the exploration and devel 1 This title was enacted as title II of the National Aeronautics and Space Administration Authorization Act of 1988 (Public Law 100-147). |