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LegalText 20 U.S.C. § 5607a Environmental Dispute Resolution Fund us united_states_code code_section 20 EDUCATION 66 MORRIS K. UDALL AND STEWART L. UDALL FOUNDATION 5607a 20 U.S.C. § 5607a current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc20@119-100.zip /us/usc/t20/s5607a data/legal/raw/us/code/title-20/usc20.xml 2d004f1ec3e2bf565118faff39e34eea69f12a4d5dd4173e814c05b4f69b6d00 6022872c5d6a3398d1728f82f8cefcb58db9f5ff548e2a636450be1e4a8bb052 d5bad2176cf7bf980939ff2eae8e9888a02390213aa855e93ddccd329d59985d 2026-07-04 official
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20 U.S.C. § 5607a - Environmental Dispute Resolution Fund

Text

(a) Establishment There is established in the Treasury of the United States an Environmental Dispute Resolution Fund to be administered by the Foundation. The Fund shall consist of amounts appropriated to the Fund under section 5609(b) of this title and amounts paid into the Fund under section 5607b of this title.

(b) Expenditures The Foundation shall expend from the Fund such sums as the Board determines are necessary to establish and operate the National Center, including such amounts as are necessary for salaries, administration, the provision of mediation and other services, and such other expenses as the Board determines are necessary, including not to exceed $1,000 annually for official reception and representation expenses.

(c) Distinction from Trust Fund The Fund shall be maintained separately from the Trust Fund established under section 5606 of this title.

(d) Investment of amounts (1) In general The Secretary of the Treasury shall invest such portion of the Fund as is not, in the judgment of the Secretary, required to meet current withdrawals.

(2) Interest-bearing obligations Investments may be made only in interest-bearing obligations of the United States.

(3) Acquisition of obligations For the purpose of investments under paragraph (1), obligations may be acquired—

(A) on original issue at the issue price; or

(B) by purchase of outstanding obligations at the market price.

(4) Sale of obligations Any obligation acquired by the Fund may be sold by the Secretary of the Treasury at the market price.

(5) Credits to Fund The interest on, and the proceeds from the sale or redemption of, any obligations held in the Fund shall be credited to and form a part of the Fund.

(Pub. L. 102259, § 10, as added Pub. L. 105156, § 6(b), Feb. 11, 1998, 112 Stat. 10; amended Pub. L. 105277, div. A, § 101(h) [title V, § 517(c)], Oct. 21, 1998, 112 Stat. 2681480, 2681512; Pub. L. 11694, div. P, title III, § 306, Dec. 20, 2019, 133 Stat. 3190.)

Notes

Editorial Notes

Prior ProvisionsA prior section 10 of Pub. L. 102259 was renumbered section 12 and is classified to section 5608 of this title.

Amendments2019—Subsec. (b). Pub. L. 11694 substituted “National Center” for “Institute”. 1998—Subsec. (b). Pub. L. 105277 inserted before period at end “, including not to exceed $1,000 annually for official reception and representation expenses”.