SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Library of Congress Fiscal 
Operations Improvement Act of 2000''.

              TITLE I--LIBRARY OF CONGRESS REVOLVING FUNDS

SEC. 101. REVOLVING FUND FOR AUDIO AND VIDEO DUPLICATION SERVICES 
              ASSOCIATED WITH AUDIOVISUAL CONSERVATION CENTER.

    (a) Establishment.--There is hereby established in the Treasury a 
revolving fund for audio and video duplication and delivery services 
provided by the Librarian of Congress (hereafter in this Act referred 
to as the ``Librarian'') which are associated with the national 
audiovisual conservation center established under the Act entitled ``An 
Act to authorize acquisition of certain real property for the Library 
of Congress, and for other purposes'', approved December 15, 1997 
(Public Law 105-144; 2 U.S.C. 141 note).
    (b) Fees for Services.--The Librarian may charge a fee for 
providing services described in subsection (a), and shall deposit any 
such fees charged into the revolving fund under this section.
    (c) Contents of Fund.--
        (1) In general.--The revolving fund under this section shall 
    consist of the following amounts:
            (A) Amounts deposited by the Librarian under subsection 
        (b).
            (B) Any other amounts received by the Librarian which are 
        attributable to the services described in subsection (a).
            (C) Amounts deposited by the Librarian under paragraph (2).
            (D) Such other amounts as may be appropriated under law.
        (2) Deposit of funds during transition.--The Librarian shall 
    transfer to the revolving fund under this section the following:
            (A) Any obligated, unexpended balances existing as of the 
        date of the transfer which are attributable to the services 
        described in subsection (a).
            (B) An amount equal to the difference as of such date 
        between--
                (i) the total value of the supplies, inventories, 
            equipment, gift fund balances, and other assets 
            attributable to such services; and
                (ii) the total value of the liabilities attributable to 
            such services.
    (d) Use of Amounts in Fund.--Amounts in the revolving fund under 
this section shall be available to the Librarian, in amounts specified 
in appropriations Acts and without fiscal year limitation, to carry out 
the services described in subsection (a).

SEC. 102. REVOLVING FUND FOR GIFT SHOP, DECIMAL CLASSIFICATION, PHOTO 
              DUPLICATION, AND RELATED SERVICES.

    (a) Establishment.--There is hereby established in the Treasury a 
revolving fund for the following programs and activities of the 
Librarian:
        (1) Decimal classification development.
        (2) The operation of a gift shop or other sales of items 
    associated with collections, exhibits, performances, and special 
    events of the Library of Congress.
        (3) Document reproduction and microfilming services.
    (b) Individual Accounting Requirement.--A separate account shall be 
maintained in the revolving fund under this section with respect to the 
programs and activities described in each of the paragraphs of 
subsection (a).
    (c) Fees for Services.--The Librarian may charge a fee for services 
under any of the programs and activities described in subsection (a), 
and shall deposit any such fees charged into the account of the 
revolving fund under this section for such program or activity.
    (d) Contents of Accounts in Fund.--
        (1) In general.--Each account of the revolving fund under this 
    section shall consist of the following amounts:
            (A) Amounts deposited by the Librarian under subsection 
        (c).
            (B) Any other amounts received by the Librarian which are 
        attributable to the programs and activities covered by such 
        account.
            (C) Amounts deposited by the Librarian under paragraph (2).
            (D) Such other amounts as may be appropriated under law.
        (2) Deposit of funds during transition.--The Librarian shall 
    transfer to each account of the revolving fund under this section 
    the following:
            (A) Any obligated, unexpended balances existing as of the 
        date of the transfer which are attributable to the programs and 
        activities covered by such account.
            (B) An amount equal to the difference as of such date 
        between--
                (i) the total value of the supplies, inventories, 
            equipment, gift fund balances, and other assets 
            attributable to such programs and activities; and
                (ii) the total value of the liabilities attributable to 
            such programs and activities.
    (e) Use of Amounts.--Amounts in the accounts of the revolving fund 
under this section shall be available to the Librarian, in amounts 
specified in appropriations Acts and without fiscal year limitation, to 
carry out the programs and activities covered by such accounts.

SEC. 103. REVOLVING FUND FOR FEDLINK PROGRAM AND FEDERAL RESEARCH 
              PROGRAM.

    (a) Establishment.--There is hereby established in the Treasury a 
revolving fund for the Federal Library and Information Network program 
(hereafter in this Act referred to as the ``FEDLINK program'') of the 
Library of Congress (as described in subsection (f)(1)) and the Federal 
Research program of the Library of Congress (as described in subsection 
(f)(2)).
    (b) Individual Accounting Requirement.--A separate account shall be 
maintained in the revolving fund under this section with respect to the 
programs described in subsection (a).
    (c) Fees for Services.--
        (1) In general.--The Librarian may charge a fee for services 
    under the FEDLINK program and the Federal Research program, and 
    shall deposit any such fees charged into the account of the 
    revolving fund under this section for such program.
        (2) Advances of funds.--Participants in the FEDLINK program and 
    the Federal Research program shall pay for products and services of 
    the program by advance of funds--
            (A) if the Librarian determines that amounts in the 
        Revolving Fund are otherwise insufficient to cover the costs of 
        providing such products and services; or
            (B) upon agreement between participants and the Librarian.
    (d) Contents of Fund.--
        (1) In general.--Each account of the revolving fund under this 
    section shall consist of the following amounts:
            (A) Amounts deposited by the Librarian under subsection 
        (c).
            (B) Any other amounts received by the Librarian which are 
        attributable to the program covered by such account.
            (C) Amounts deposited by the Librarian under paragraph (2).
            (D) Such other amounts as may be appropriated under law.
        (2) Deposit of funds during transition.--Notwithstanding 
    section 1535(d) of title 31, United States Code, the Librarian 
    shall transfer to the appropriate account of the revolving fund 
    under this section the following:
            (A) Any obligated, unexpended balances existing as of the 
        date of the transfer which are attributable to the FEDLINK 
        program or the Federal Research program.
            (B) An amount equal to the difference as of such date 
        between--
                (i) the total value of the supplies, inventories, 
            equipment, gift fund balances, and other assets 
            attributable to such program; and
                (ii) the total value of the liabilities attributable to 
            such program.
    (e) Use of Amounts in Fund.--Amounts in the accounts of the 
revolving fund under this section shall be available to the Librarian, 
in amounts specified in appropriations Acts and without fiscal year 
limitation, to carry out the program covered by each such account.
    (f) Programs Described.--
        (1) FEDLINK.--In this section, the ``FEDLINK program'' is the 
    program of the Library of Congress under which the Librarian 
    provides the following services on behalf of participating Federal 
    libraries, Federal information centers, other entities of the 
    Federal Government, and the District of Columbia:
            (A) The procurement of commercial information services, 
        publications in any format, and library support services.
            (B) Related accounting services.
            (C) Related education, information, and support services.
        (2) Federal research program.--In this section, the ``Federal 
    Research program'' is the program of the Library of Congress under 
    which the Librarian provides research reports, translations, and 
    analytical studies for entities of the Federal Government and the 
    District of Columbia (other than any program of the Congressional 
    Research Service).

SEC. 104. AUDITS BY COMPTROLLER GENERAL.

    Each of the revolving funds established under this title shall be 
subject to audit by the Comptroller General at the Comptroller 
General's discretion.

SEC. 105. EFFECTIVE DATE.

    The provisions of this title shall apply with respect to fiscal 
year 2002 and each succeeding fiscal year.

             TITLE II--LIBRARY OF CONGRESS TRUST FUND BOARD

SEC. 201. REVISIONS TO MEMBERSHIP AND OPERATION OF LIBRARY OF CONGRESS 
              TRUST FUND BOARD.

    (a) Addition of Vice Chair of Joint Committee on the Library as 
Board Member.--Section 1 of the Act entitled ``An Act to create a 
Library of Congress Trust Fund Board, and for other purposes'', 
approved March 3, 1925 (2 U.S.C. 154), is amended in the first sentence 
of the first paragraph by inserting ``and the vice chair'' after 
``chairman''.
    (b) Quorum Requirement.--Section 1 of such Act (2 U.S.C. 154) is 
amended in the second sentence of the first paragraph by striking 
``Nine'' and inserting ``Seven''.
    (c) Temporary Extension of Board Member Term.--Section 1 of such 
Act (2 U.S.C. 154) is amended in the first paragraph by inserting after 
the first sentence the following: ``Upon request of the chair of the 
Board, any member whose term has expired may continue to serve on the 
Trust Fund Board until the earlier of the date on which such member's 
successor is appointed or the expiration of the 1-year period which 
begins on the date such member's term expires.''.

SEC. 202. EFFECTIVE DATE.

    The amendments made by this title shall take effect on the date of 
the enactment of this Act.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.
Title II: Library of Congress Trust Fund Board
 - Revises the composition of the Library of Congress Trust Fund Board to include the vice chair of the Joint Committee on the Library. Decreases from nine to seven members the Board's quorum for the transaction of business. Provides for a temporary extension of Board members' terms.
Library of Congress Fiscal Operations Improvement Act of 2000