Title 20 — Education
Chapter 59 — Barry Goldwater Scholarship and Excellence in Education Program
§ 4708. Expenditures from fund
Statutory text
In general
The Secretary of the Treasury may pay to the Foundation from the interest and earnings of the fund such sums as the Board determines are necessary and appropriate to enable the Foundation to carry out the purposes of this chapter.
Audits by GAO
The activities of the Foundation under this chapter may be audited by the Government Accountability Office under such rules and regulations as may be prescribed by the Comptroller General of the United States. Representatives of the Government Accountability Office shall have access to all books, accounts, records, reports, and files and all other papers, things, or property belonging to or in use by the Foundation pertaining to such activities and necessary to facilitate the audit.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Barry Goldwater Scholarship and Excellence in Education Act
Pub. L. 99–661 div. A title XIV § 1409 · 100 Stat. 3816
Enacted · 20 U.S.C. § 4708
Pub. L. 99–661, div. A, title XIV, § 1409, Nov. 14, 1986, 100 Stat. 4011
Source evidence
Code source credit
Pub. L. 99–661, div. A, title XIV, § 1409, Nov. 14, 1986, 100 Stat. 4011Enacted provision · exact public law section
SEC. 1409. EXPENDITURES FROM THE FUND (a) In General.— The Secretary of the Treasury may pay to the Foundation from the interest and earnings of the fund such sums as the Board determines are necessary and appropriate to enable the Foundation to carry out the purposes of this title. (b) Audits By GAO.— The activities of the Foundation under this title may be audited by the General Accounting Office under such rules and regulations as may be prescribed by the Comptroller General of the United States. Representatives of the General Accounting Office shall have access to all books, accounts, records, reports, and files and all other papers, things, or property belonging to or in use by the Foundation pertaining to such activities and necessary to facilitate the audit.GAO Human Capital Reform Act of 2004
Pub. L. 108–271 § 8(b) · 118 Stat. 811
Substituted · 20 U.S.C. § 4708(b)
Pub. L. 108–271 substituted “Government Accountability Office” for “General Accounting Office” in two places
Source evidence
Code amendment note
Subsec. (b). Pub. L. 108–271 substituted “Government Accountability Office” for “General Accounting Office” in two places.Enacted provision · exact public law section
(b) References.— Any reference to the General Accounting Office in any law, rule, regulation, certificate, directive, instruction, or other official paper in force on the date of enactment of this Act shall be considered to refer and apply to the Government Accountability Office.
2 of 2 references resolved to an enrolled provision
Editorial Notes
Amendments
2004—Subsec. (b). Pub. L. 108–271 substituted “Government Accountability Office” for “General Accounting Office” in two places.
Credits
1986–2004 · 2 acts
- 1986Pub. L. 99–661, div. A, title XIV, § 1409, , 100 Stat. 4011
- 2004Pub. L. 108–271, § 8(b), , 118 Stat. 814.
Show as published
(Pub. L. 99–661, div. A, title XIV, § 1409, , 100 Stat. 4011; Pub. L. 108–271, § 8(b), , 118 Stat. 814.)