(b) 98 The Director is authorized to assume the obligation of not to exceed $28,000,000 of the notes authorized to be issued pursuant to subsection 111(c)(2) of the Economic Cooperation Act of 1948, as amended (22 U.S.C. 1509(c)(2)), together with the interest accrued and unpaid thereon, and to obtain advances from time to time from the Secretary of the Treasury up to such amount, less amounts previously advanced on such notes, as provided for in said notes. Such advances shall be deposited in a special account in the Treasury available for payments under informational media guaranties. (c) 98 The Director is authorized to make informational media guaranties without regard to the limitations of time contained in subsection 413(b)(4) of the Mutual Security Act of 1954, as amended (22 U.S.C. 1933(b)(4)), but the total of such guaranties outstanding at any one time shall not exceed the sum of the face amount of the notes assumed by the Director less the amounts previously advanced on such notes by the Secretary of the Treasury plus the amount of the funds in the special account referred to in subsection (b). (d) 98 Foreign currencies available after June 30, 1955, from conversions made pursuant to the obligation of informational media guaranties may be sold, in accordance with Treasury Department regulations, for dollars which shall be deposited in the special account and shall be available for payments under new guaranties. Such currencies shall be available, as may be provided for by the Congress in appropriation Acts, for use of educational, scientific, and cultural purposes which are in the national interest of the United States, and for such other purposes of mutual interest as may be agreed to by the governments of the United States and the country from which the currencies derive. (e) 98 Notwithstanding the provisions of subparagraph 413(b)(4)(E) of the Mutual Security Act of 1954, as amended (22 U.S.C. 1933(b)(4)(E), (1) fees collected for the issuance of informational media guaranties shall be deposited in the special account and shall be available for payments under informational media guaranties; and (2) the Director may require the payment of a minimum charge of up to fifty dollars for issuance of guaranty contracts, or amendments thereto. (f) 98 The Director is further authorized, under such terms as he may prescribe, to make advance payments under informational media guaranties: Provided, That currencies receivable from holders of such guaranties on account of such advance payments shall be paid to the United States within nine months from the date of the advance payment and that appropriate security to assure such payments is required before any advance payment is made. (g) 98 As soon as feasible after the enactment of this subsection, all assets, liabilities, income, expenses, and charges of whatever kind pertaining to informational media guaranties, including any charges against the authority to issue notes provided in section 111(c)(2) of the Economic Cooperation Act of 1948, as amended, cumulative from the enactment of that Act, shall be accounted for 98 Subsecs. (b) through (g) were added by sec. 11(g) of the Mutual Security Act of 1956 (70 Stat. separately from other guaranties issued pursuant to subsection 413(b) of the Mutual Security Act of 1954, as amended (22 U.S.C. 1933(b)): Provided, That there shall be transferred from the special account established pursuant to subsection (b), into the account available for payments under guaranties other than informational media guaranties, an amount equal to the total of the fees received for the issuance of guaranties other than informational media guaranties, and used to make payments under informational media guaranties. (h) 99 (1) There is authorized to be appropriated annually an amount to restore in whole or in part any realized impairment to the capital used in carrying on the authority to make informational media guaranties, as provided in subsection (c), through the end of the last completed fiscal year. (2) Such impairment shall consist of the amount by which the losses incurred and interest accrued on notes exceed the revenue earned and any previous appropriations made for the restoration of impairment. Losses shall include the dollar losses on foreign currencies sold, and the dollar cost of foreign currencies which (a) the Secretary of the Treasury, after consultation with the Director, has determined to be unavailable for, in excess of, requirements of the United States, or (b) have been transferred to other accounts without reimbursement to the special account. (3) Dollars appropriated pursuant to this section shall be applied to the payment of interest and in satisfaction of notes issued or assumed hereunder, and to the extent of such application to the principal of the notes, the Director is authorized to issue notes to the Secretary of the Treasury which will bear interest at a rate to be determined by the Secretary of the Treasury, taking into consideration the current average market yields of outstanding marketable obligations of the United States having maturities comparable to the guaranties. The currencies determined to be unavailable for, or in excess of requirements of the United States as provided above shall be transferred to the Secretary of the Treasury to be held until disposed of, and any dollar proceeds realized from such disposition shall be deposited in miscellaneous receipts. (4) 100 Section 701(a) of this Act shall not apply with respect to any amounts appropriated under this section for the purpose of liquidating the notes (and any accrued interest thereon) which were assumed in the operation of the informational media guaranty program under this section and which were outstanding on the date of enactment of this paragraph. 99 Subsec. (h) was added by sec. 502(i) of the Mutual Security Act of 1958 (72 Stat. 274). 100 Paragraph (4) was added by sec. 304(f) of Public Law 97-241 (96 Stat. 293). b. United States Information Agency Authorization, Fiscal Years 1994 and 1995 Partial text of Public Law 103–236 [Foreign Relations Authorization Act, Fiscal Years 1994 and 1995; H.R. 2333], 108 Stat. 382 at 420, approved April 30, 1994 NOTE. Sections of this title amend State Department, USIA, and other foreign affairs legislation and are incorporated in the appropriate Acts. TITLE II-UNITED STATES INFORMATIONAL, PART A-AUTHORIZATION OF APPROPRIATIONS SEC. 201. AUTHORIZATION OF APPROPRIATIONS. (a) IN GENERAL.-The following amounts are authorized to be appropriated to carry out international information activities, and educational and cultural exchange programs under the United States Information and Educational Exchange Act of 1948, the Mutual Educational and Cultural Exchange Act of 1961, Reorganization Plan Number 2 of 1977, the Radio Broadcasting to Cuba Act, the Television Broadcasting to Cuba Act, the Board for International Broadcasting Act, the Inspector General Act of 1978, the Center for Cultural and Technical Interchange Between North and South Act, the National Endowment for Democracy Act, and to carry out other authorities in law consistent with such purposes: (1) SALARIES AND EXPENSES.-For "Salaries and Expenses", $487,988,000 for the fiscal year 1994 and $494,862,000 for the fiscal year 1995. 1 The Department of State and Related Agencies Appropriations Act, 1994 (Title V of Public Law 103-121; 108 Stat. 1190), provided the following, with several provisos (for full text, see page 1001): "UNITED STATES INFORMATION AGENCY "SALARIES AND EXPENSES "For expenses, not otherwise provided for, necessary to enable the United States Information Agency, as authorized by the Mutual Educational and Cultural Exchange Act of 1961, as amended (22 U.S.C. 2451 et seq.), the United States Information and Educational Exchange Act of 1948, as amended (22 U.S.C. 1431 et seq.) and Reorganization Plan No. 2 of 1977 (91 Stat. 1636), to carry out international communication, educational and cultural activities; and to carry out related activities authorized by law, including employment, without regard to civil service and classification laws, of persons on a temporary basis (not to exceed $700,000 of this appropriation), as authorized by 22 U.S.C. 1471, and entertainment, including official receptions, within the United States, not to exceed $25,000 as authorized by 22 U.S.C. 1474(3); $730,000,000: Provid ed, Title II, chapter 2 of the Emergency Supplemental Appropriations Act of 1994 (Public Law 103-211; 108 Stat. 16) provided the following: Continued (2) 2 EDUCATIONAL AND CULTURAL EXCHANGE PROGRAMS.— (B) OTHER PROGRAMS.-For "Hubert H. Humphrey Fellowship Program", "Edmund S. Muskie Fellowship Program", "International Visitors Program", "Israeli-Arab Scholarship Program", "Mike Mansfield Fellowship Program”, “Claude and Mildred Pepper Scholarship Program of the Washington Workshops Foundation", "Citizen Exchange Programs", "Congress-Bundestag Exchange Program", "Newly Independent States and Eastern Europe Training", "Institute for Representative Government", "American Studies Collections", "South Pacific Exchanges", "East Timorese Scholarships", "Cambodian Scholarships", and "Arts America", $96,962,000 for the fiscal year 1994 and $97,046,000 for the fiscal year 1995. "UNITED STATES INFORMATION AGENCY "SALARIES AND EXPENSES "Notwithstanding the provisions of this or any other Act, not to exceed $2,000,000 of the funds made available under this heading in Public Law 103-121 may be used to carry out projects involving security construction and related improvements for Agency facilities not physically located together with Department of State facilities abroad: Provided, That such funds may remain available until expended.". Title III, chapter 2 of the same Act (108 Stat. 27), rescinding certain budget authority, provided the following: "Of the funds made available under this heading in Public Law 103-121, $2,000,000 are rescinded.". 2 The Department of State and Related Agencies Appropriations Act, 1994 (Title V of Public Law 103-121; 108 Stat. 1191), provided the following: "EDUCATIONAL AND CULTURAL EXCHANGE PROGRAMS "For expenses of Fulbright, International Visitor, Humphrey Fellowship, Citizen Exchange, Congress-Bundestag Exchange, and other exchange programs, as authorized by the Mutual Educational and Cultural Exchange Act of 1961, as amended (22 U.S.C. 2451 et seq.), and Reorganization Plan No. 2 of 1977 (91 Stat. 1636), to include other educational and cultural exchange programs, $242,000,000, to remain available until expended as authorized by 22 U.S.C. 2455. "ISRAELI ARAB SCHOLARSHIP PROGRAM "For necessary expenses of the Israeli Arab Scholarship Program as authorized by section 214 of the Foreign Relations Authorization Act, Fiscal Years 1992 and 1993 (22 U.S.C. 2452), all interest and earnings accruing to the Israeli Arab Scholarship Fund on or before September 30, 1994, to remain available until expended.". Title III, chapter 2, of Public Law 103-211 (108 Stat. 28), rescinding certain budget authority, however, provided the following: "EDUCATIONAL AND CULTURAL EXCHANGE PROGRAMS "Of the funds made available under this heading in Public Law 103-121, $850,000 are rescinded.". (3) 3 BROADCASTING TO CUBA.-For "Broadcasting to Cuba", $21,000,000 for the fiscal year 1994 and $27,609,000 for the fiscal year 1995. (4) INTERNATIONAL BROADCASTING ACTIVITIES.-For "International Broadcasting Activities" under title III, $541,676,000 for the fiscal year 1994, and $609,740,000 for the fiscal year 1995. (5) 5 OFFICE OF THE INSPECTOR GENERAL.-For "Office of the Inspector General", $4,247,000 for the fiscal year 1994 and $4,396,000 for the fiscal year 1995. (6) 6 CENTER FOR CULTURAL AND TECHNICAL INTERCHANGE BETWEEN EAST AND WEST.-For "Center for Cultural and Technical Interchange between East and West", $26,000,000 for the fiscal year 1994 and $24,500,000 for the fiscal year 1995. 3 The Department of State and Related Agencies Appropriations Act, 1994 (Title V of Public Law 103-121; 108 Stat. 1192), provided $14 million for radio broadcasting to Cuba and $7 million for television broadcasting to Cuba for fiscal year 1994. That Act also established an Advisory Panel on Radio Marti and TV Marti. For provisos relating to appropriations, and function of the Advisory Panel, see Public Law 103-121, page 1175. The Department of State and Related Agencies Appropriations Act, 1994 (Title V of Public Law 103-121; 108 Stat. 1189), provided the following: "BOARD FOR INTERNATIONAL BROADCASTING "GRANTS AND EXPENSES "For expenses of the Board for International Broadcasting, including grants to Radio Free Europe/Radio Liberty, Incorporated, as authorized by the Board for International Broadcasting Act of 1973, as amended (22 U.S.C. 2871-2883), $210,000,000, of which not to exceed $52,000 may be made available for official reception and representation expenses.". Title III, chapter 2, of Public Law 103-211 (108 Stat. 27, 28), rescinding certain budget authority, however, provided the following: "BOARD FOR INTERNATIONAL BroadcasTING "ISRAEL RELAY STATION "Of the funds made available under this heading, $1,700,000 are rescinded. "RADIO CONSTRUCTION (RESCISSION) "Of the funds made available under this heading in Public Law 103-121, $2,000,000 are rescinded.". 5 The Department of State and Related Agencies Appropriations Act, 1994 (Title V of Public Law 103-121; 108 Stat. 1190), provided the following: "OFFICE OF INSPECTOR GENERAL "For salaries and expenses of the Office of Inspector General in carrying out the provisions of the Inspector General Act of 1978, as amended (5 U.S.C. App. 3), and in accordance with the provisions of 31 U.S.C. 1105(a)(25), $4,247,000.". 6 The Department of State and Related Agencies Appropriations Act, 1994 (Title V of Public Law 103-121; 108 Stat. 1191), provided the following: "EAST-WEST CENTER "To enable the Director of the United States Information Agency to provide for carrying out the provisions of the Center for Cultural and Technical Interchange Between East and West Act of 1960 (22 U.S.C. 2054-2057), by grant to the Center for Cultural and Technical Interchange Between East and West in the State of Hawaii, $26,000,000: Provided, That none of the funds appropriated herein shall be used to pay any salary, or to enter into any contract providing for the payment thereof, in excess of the rate authorized by 5 U.S.C. 5376.". |