The Congressional Record is a unique source of public documentation. It started in 1873, documenting nearly all the major and minor policies being discussed and debated.
“U.S. HOLOCAUST ASSETS COMMISSION ACT OF 1998” mentioning the Federal Reserve System was published in the Senate section on pages S4133-S4136 on May 1, 1998.
The publication is reproduced in full below:
U.S. HOLOCAUST ASSETS COMMISSION ACT OF 1998
Mr. KYL. Mr. President, I ask unanimous consent that the Senate now proceed to the consideration of Calendar No. 351, S. 1900.
The PRESIDING OFFICER. The clerk will report.
The legislative clerk read as follows:
A bill (S. 1900) to establish a commission to examine issues pertaining to the disposition of Holocaust-era assets in the United States before, during, and after World War II, and to make recommendations to the President on further action, and for other purposes.
The PRESIDING OFFICER. Is there objection to the immediate consideration of the bill?
There being no objection, the Senate proceeded to consider the bill which had been reported from the Committee on Banking, Housing, and Urban Affairs, with an amendment to strike all after the enacting clause and inserting in lieu thereof the following:
SECTION 1. SHORT TITLE.
This Act may be cited as the ``U.S. Holocaust Assets Commission Act of 1998''.
SEC. 2. ESTABLISHMENT OF COMMISSION.
(a) Establishment.--There is established a Presidential Commission, to be known as the ``Presidential Advisory Commission on Holocaust Assets in the United States''
(hereafter in this Act referred to as the ``Commission'').
(b) Membership.--
(1) Number.--The Commission shall be composed of 21 members, appointed in accordance with paragraph (2).
(2) Appointments.--Of the 21 members of the Commission--
(A) 9 shall be private citizens, appointed by the President;
(B) 3 shall be representatives of the Department of State, the Department of Justice, and the Department of the Treasury
(1 representative of each such Department), appointed by the President;
(C) 2 shall be Members of the House of Representatives, appointed by the Speaker of the House of Representatives;
(D) 2 shall be Members of the House of Representatives, appointed by the Minority Leader of the House of Representatives;
(E) 2 shall be Members of the Senate, appointed by the Majority Leader of the Senate;
(F) 2 shall be Members of the Senate, appointed by the Minority Leader of the Senate; and
(G) 1 shall be the Chairperson of the United States Holocaust Memorial Council.
(3) Criteria for membership.--Each private citizen appointed to the Commission shall be an individual who has a record of demonstrated leadership on issues relating to the Holocaust or in the fields of commerce, culture, or education that would assist the Commission in analyzing the disposition of the assets of Holocaust victims.
(4) Advisory panels.--The Chairperson of the Commission may, in the discretion of the Chairperson, establish advisory panels to the Commission, including State or local officials, representatives of organizations having an interest in the work of the Commission, or others having expertise that is relevant to the purposes of the Commission.
(5) Date.--The appointments of the members of the Commission shall be made not later than 90 days after the date of enactment of this Act.
(c) Chairperson.--The Chairperson of the Commission shall be selected by the President from among the members of the Commission appointed under subparagraph (A) or (B) of subsection (b)(2).
(d) Period of Appointment.--Members of the Commission shall be appointed for the life of the Commission.
(e) Vacancies.--Any vacancy in the membership of the Commission shall not affect its powers, but shall be filled in the same manner as the original appointment.
(f) Meetings.--The Commission shall meet at the call of the Chairperson at any time after the date of appointment of the Chairperson.
(g) Quorum.--Eleven of the members of the Commission shall constitute a quorum, but a lesser number of members may hold meetings.
SEC. 3. DUTIES OF THE COMMISSION.
(a) Original Research.--
(1) In general.--Except as otherwise provided in paragraph
(3), the Commission shall conduct a thorough study and develop an historical record of the collection and disposition of the assets described in paragraph (2), if such assets came into the possession or control of the Federal Government, including the Board of Governors of the Federal Reserve System or any Federal reserve bank, at any time after January 30, 1933--
(A) after having been obtained from victims of the Holocaust by, on behalf of, or under authority of a government referred to in subsection (c);
(B) because such assets were left unclaimed as the result of actions taken by, on behalf of, or under authority of a government referred to in subsection (c); or
(C) in the case of assets consisting of gold bullion, monetary gold, or similar assets, after such assets had been obtained by the Nazi government of Germany from the central bank or other governmental treasury in any area occupied by the military forces of the Nazi government of Germany.
(2) Types of assets.--Assets described in this paragraph include--
(A) gold;
(B) gems, jewelry, and non-gold precious metals;
(C) accounts in banks in the United States;
(D) domestic financial instruments purchased before May 8, 1945 by individual victims of the Holocaust, whether recorded in the name of the victim or in the name of a nominee;
(E) insurance policies and proceeds thereof;
(F) real estate situated in the United States;
(G) works of art; and
(H) books, manuscripts, and religious objects.
(3) Coordination of activities.--In carrying out its duties under paragraph (1), the Commission shall, to the maximum extent practicable, coordinate its activities with, and not duplicate similar activities already or being undertaken by, private individuals, private entities, or government entities, whether domestic or foreign.
(b) Comprehensive Review of Other Research.--Upon request by the Commission and permission by the relevant individuals or entities, the Commission shall review comprehensively research by private individuals, private entities, and non-Federal government entities, whether domestic or foreign, into the collection and disposition of the assets described in subsection (a)(2), to the extent that such research focuses on assets that came into the possession or control of private individuals, private entities, or non-Federal government entities within the United States at any time after January 30, 1933, either--
(1) after having been obtained from victims of the Holocaust by, on behalf of, or under authority of a government referred to in subsection (c); or
(2) because such assets were left unclaimed as the result of actions taken by, on behalf of, or under authority of a government referred to in subsection (c).
(c) Governments Included.--A government referred to in this subsection includes, as in existence during the period beginning on March 23, 1933, and ending on May 8, 1945--
(1) the Nazi government of Germany;
(2) any government in any area occupied by the military forces of the Nazi government of Germany;
(3) any government established with the assistance or cooperation of the Nazi government of Germany; and
(4) any government which was an ally of the Nazi government of Germany.
(d) Reports.--
(1) Submission to the president.--Not later than December 31, 1999, the Commission shall submit a final report to the President that shall contain any recommendations for such legislative, administrative, or other action as it deems necessary or appropriate. The Commission may submit interim reports to the President as it deems appropriate.
(2) Submission to the congress.--After receipt of the final report under paragraph (1), the President shall submit to the Congress any recommendations for legislative, administrative, or other action that the President considers necessary or appropriate.
SEC. 4. POWERS OF THE COMMISSION.
(a) Hearings.--The Commission may hold such hearings, sit and act at such times and places, take such testimony, and receive such evidence as the Commission considers advisable to carry out this Act.
(b) Information From Federal Agencies.--The Commission may secure directly from any Federal department or agency such information as the Commission considers necessary to carry out this Act. Upon request of the Chairperson of the Commission, the head of any such department or agency shall furnish such information to the Commission as expeditiously as possible.
(c) Postal Services.--The Commission may use the United States mails in the same manner and under the same conditions as other departments and agencies of the Federal Government.
(d) Gifts.--The Commission may accept, use, and dispose of gifts or donations of services or property.
SEC. 5. COMMISSION PERSONNEL MATTERS.
(a) Compensation.--No member of the Commission who is a private citizen shall be compensated for service on the Commission. All members of the Commission who are officers or employees of the United States shall serve without compensation in addition to that received for their services as officers or employees of the United States.
(b) Travel Expenses.--The members of the Commission shall be allowed travel expenses, including per diem in lieu of subsistence, at rates authorized for employees of agencies under subchapter I of chapter 57 of title 5, United States Code, while away from their homes or regular places of business in the performance of services for the Commission.
(c) Executive Director, Deputy Executive Director, General Counsel, and Other Staff.--
(1) In general.--Not later than 90 days after the selection of the Chairperson of the Commission under section 2, the Chairperson shall, without regard to the civil service laws and regulations, appoint an executive director, a deputy executive director, and a general counsel of the Commission, and such other additional personnel as may be necessary to enable the Commission to perform its duties under this Act.
(2) Qualifications.--The executive director, deputy executive director, and general counsel of the Commission shall be appointed without regard to political affiliation, and shall possess all necessary security clearances for such positions.
(3) Duties of executive director.--The executive director of the Commission shall--
(A) serve as principal liaison between the Commission and other Government entities;
(B) be responsible for the administration and coordination of the review of records by the Commission; and
(C) be responsible for coordinating all official activities of the Commission.
(4) Compensation.--The Chairperson of the Commission may fix the compensation of the executive director, deputy executive director, general counsel, and other personnel employed by the Commission, without regard to the provisions of chapter 51 and subchapter III of chapter 53 of title 5, United States Code, relating to classification of positions and General Schedule pay rates, except that--
(A) the rate of pay for the executive director of the Commission may not exceed the rate payable for level III of the Executive Schedule under section 5314 of title 5, United States Code; and
(B) the rate of pay for the deputy executive director, the general counsel of the Commission, and other Commission personnel may not exceed the rate payable for level IV of the Executive Schedule under section 5315 of title 5, United States Code.
(5) Employee benefits.--
(A) In general.--An employee of the Commission shall be an employee for purposes of chapters 84, 85, 87, and 89 of title 5, United States Code, and service as an employee of the Commission shall be service for purposes of such chapters.
(B) Nonapplication to members.--This paragraph shall not apply to a member of the Commission.
(6) Office of personnel management.--The Office of Personnel Management--
(A) may promulgate regulations to apply the provisions referred to under subsection (a) to employees of the Commission; and
(B) shall provide support services relating to--
(i) the initial employment of employees of the Commission; and
(ii) other personnel needs of the Commission.
(d) Detail of Government Employees.--Any Federal Government employee may be detailed to the Commission without reimbursement to the agency of that employee, and such detail shall be without interruption or loss of civil service status or privilege.
(e) Procurement of Temporary and Intermittent Services.--The Chairperson of the Commission may procure temporary and intermittent services under section 3109(b) of title 5, United States Code, at rates for individuals which do not exceed the daily equivalent of the annual rate of basic pay prescribed for level V of the Executive Schedule under section 5316 of such title.
(f) Staff Qualifications.--Any person appointed to the staff of or employed by the Commission shall be an individual of integrity and impartiality.
(g) Conditional Employment.--
(1) In general.--The Commission may offer employment on a conditional basis to a prospective employee pending the completion of any necessary security clearance background investigation. During the pendency of any such investigation, the Commission shall ensure than such conditional employee is not given and does not have access to or responsibility involving classified or otherwise restricted material.
(2) Termination.--If a person hired on a conditional basis as described in paragraph (1) is denied or otherwise does not qualify for all security clearances necessary for the fulfillment of the responsibilities of that person as an employee of the Commission, the Commission shall immediately terminate the employment of that person with the Commission.
(h) Expedited Security Clearance Procedures.--A candidate for executive director or deputy executive director of the Commission and any potential employee of the Commission shall, to the maximum extent possible, be investigated or otherwise evaluated for and granted, if applicable, any necessary security clearances on an expedited basis.
SEC. 6. SUPPORT SERVICES.
During the 180-day period following the date of enactment of this Act, the General Services Administration shall provide administrative support services (including offices and equipment) for the Commission.
SEC. 7. TERMINATION OF THE COMMISSION.
The Commission shall terminate 90 days after the date on which the Commission submits its final report under section 3.
SEC. 8. MISCELLANEOUS PROVISIONS.
(a) Inapplicability of FACA.--The Federal Advisory Committee Act (5 U.S.C. App.) does not apply to the Commission.
(b) Public Attendance.--To the maximum extent practicable, each meeting of the Commission shall be open to members of the public.
SEC. 9. FUNDING OF COMMISSION.
Notwithstanding section 1346 of title 31, United States Code, or section 611 of the Treasury and General Government Appropriations Act, 1998, of funds made available for fiscal years 1998 and 1999 to the Departments of Justice, State, and any other appropriate agency that are otherwise unobligated, not more than $3,500,000 shall be available for the interagency funding of activities of the Commission under this Act. Funds made available to the Commission pursuant to this section shall remain available for obligation until December 31, 1999.
Amendment No. 2335
(Purpose: To provide a substitute)
Mr. KYL. Mr. President, Senator D'Amato has a substitute amendment at the desk. I ask for its consideration.
The PRESIDING OFFICER. The clerk will report.
The legislative clerk read as follows:
The Senator from Arizona (Mr. Kyl), for Mr. D'Amato, proposes an amendment numbered 2335.
Mr. KYL. Mr. President, I ask unanimous consent that reading of the amendment be dispensed with.
The PRESIDING OFFICER. Without objection, it is so ordered.
The amendment is as follows:
Strike all after the enacting clause and insert the following: SECTION 1. SHORT TITLE.
This Act may be cited as the ``U.S. Holocaust Assets Commission Act of 1998''.
SEC. 2. ESTABLISHMENT OF COMMISSION.
(a) Establishment.--There is established a Presidential Commission, to be known as the ``Presidential Advisory Commission on Holocaust Assets in the United States''
(hereafter in this Act referred to as the ``Commission'').
(b) Membership.--
(1) Number.--The Commission shall be composed of 21 members, appointed in accordance with paragraph (2).
(2) Appointments.--Of the 21 members of the Commission--
(A) 9 shall be private citizens, appointed by the President;
(B) 3 shall be representatives of the Department of State, the Department of Justice, and the Department of the Treasury
(1 representative of each such Department), appointed by the President;
(C) 2 shall be Members of the House of Representatives, appointed by the Speaker of the House of Representatives;
(D) 2 shall be Members of the House of Representatives, appointed by the Minority Leader of the House of Representatives;
(E) 2 shall be Members of the Senate, appointed by the Majority Leader of the Senate;
(F) 2 shall be Members of the Senate, appointed by the Minority Leader of the Senate; and
(G) 1 shall be the Chairperson of the United States Holocaust Memorial Council.
(3) Criteria for membership.--Each private citizen appointed to the Commission shall be an individual who has a record of demonstrated leadership on issues relating to the Holocaust or in the fields of commerce, culture, or education that would assist the Commission in analyzing the disposition of the assets of Holocaust victims.
(4) Advisory panels.--The Chairperson of the Commission may, in the discretion of the Chairperson, establish advisory panels to the Commission, including State or local officials, representatives of organizations having an interest in the work of the Commission, or others having expertise that is relevant to the purposes of the Commission.
(5) Date.--The appointments of the members of the Commission shall be made not later than 90 days after the date of enactment of this Act.
(c) Chairperson.--The Chairperson of the Commission shall be selected by the President from among the members of the Commission appointed under subparagraph (A) or (B) of subsection (b)(2).
(d) Period of Appointment.--Members of the Commission shall be appointed for the life of the Commission.
(e) Vacancies.--Any vacancy in the membership of the Commission shall not affect its powers, but shall be filled in the same manner as the original appointment.
(f) Meetings.--The Commission shall meet at the call of the Chairperson at any time after the date of appointment of the Chairperson.
(g) Quorum.--Eleven of the members of the Commission shall constitute a quorum, but a lesser number of members may hold meetings.
SEC. 3. DUTIES OF THE COMMISSION.
(a) Original Research.--
(1) In general.--Except as otherwise provided in paragraph
(3), the Commission shall conduct a thorough study and develop an historical record of the collection and disposition of the assets described in paragraph (2), if such assets came into the possession or control of the Federal Government, including the Board of Governors of the Federal Reserve System or any Federal reserve bank, at any time after January 30, 1933--
(A) after having been obtained from victims of the Holocaust by, on behalf of, or under authority of a government referred to in subsection (c);
(B) because such assets were left unclaimed as the result of actions taken by, on behalf of, or under authority of a government referred to in subsection (c); or
(C) in the case of assets consisting of gold bullion, monetary gold, or similar assets, after such assets had been obtained by the Nazi government of Germany from the central bank or other governmental treasury in any area occupied by the military forces of the Nazi government of Germany.
(2) Types of assets.--Assets described in this paragraph include--
(A) gold;
(B) gems, jewelry, and non-gold precious metals;
(C) accounts in banks in the United States;
(D) domestic financial instruments purchased before May 8, 1945 by individual victims of the Holocaust, whether recorded in the name of the victim or in the name of a nominee;
(E) insurance policies and proceeds thereof;
(F) real estate situated in the United States;
(G) works of art; and
(H) books, manuscripts, and religious objects.
(3) Coordination of activities.--In carrying out its duties under paragraph (1), the Commission shall, to the maximum extent practicable, coordinate its activities with, and not duplicate similar activities already or being undertaken by, private individuals, private entities, or government entities, whether domestic or foreign.
(b) Comprehensive Review of Other Research.--Upon request by the Commission and permission by the relevant individuals or entities, the Commission shall review comprehensively research by private individuals, private entities, and non-Federal government entities, whether domestic or foreign, into the collection and disposition of the assets described in subsection (a)(2), to the extent that such research focuses on assets that came into the possession or control of private individuals, private entities, or non-Federal government entities within the United States at any time after January 30, 1933, either--
(1) after having been obtained from victims of the Holocaust by, on behalf of, or under authority of a government referred to in subsection (c); or
(2) because such assets were left unclaimed as the result of actions taken by, on behalf of, or under authority of a government referred to in subsection (c).
(c) Governments Included.--A government referred to in this subsection includes, as in existence during the period beginning on March 23, 1933, and ending on May 8, 1945--
(1) the Nazi government of Germany;
(2) any government in any area occupied by the military forces of the Nazi government of Germany;
(3) any government established with the assistance or cooperation of the Nazi government of Germany; and
(4) any government which was an ally of the Nazi government of Germany.
(d) Reports.--
(1) Submission to the president.--Not later than December 31, 1999, the Commission shall submit a final report to the President that shall contain any recommendations for such legislative, administrative, or other action as it deems necessary or appropriate. The Commission may submit interim reports to the President as it deems appropriate.
(2) Submission to the congress.--After receipt of the final report under paragraph (1), the President shall submit to the Congress any recommendations for legislative, administrative, or other action that the President considers necessary or appropriate.
SEC. 4. POWERS OF THE COMMISSION.
(a) Hearings.--The Commission may hold such hearings, sit and act at such times and places, take such testimony, and receive such evidence as the Commission considers advisable to carry out this Act.
(b) Information From Federal Agencies.--The Commission may secure directly from any Federal department or agency such information as the Commission considers necessary to carry out this Act. Upon request of the Chairperson of the Commission, the head of any such department or agency shall furnish such information to the Commission as expeditiously as possible.
(c) Postal Services.--The Commission may use the United States mails in the same manner and under the same conditions as other departments and agencies of the Federal Government.
(d) Gifts.--The Commission may accept, use, and dispose of gifts or donations of services or property.
SEC. 5. COMMISSION PERSONNEL MATTERS.
(a) Compensation.--No member of the Commission who is a private citizen shall be compensated for service on the Commission. All members of the Commission who are officers or employees of the United States shall serve without compensation in addition to that received for their services as officers or employees of the United States.
(b) Travel Expenses.--The members of the Commission shall be allowed travel expenses, including per diem in lieu of subsistence, at rates authorized for employees of agencies under subchapter I of chapter 57 of title 5, United States Code, while away from their homes or regular places of business in the performance of services for the Commission.
(c) Executive Director, Deputy Executive Director, General Counsel, and Other Staff.--
(1) In general.--Not later than 90 days after the selection of the Chairperson of the Commission under section 2, the Chairperson shall, without regard to the civil service laws and regulations, appoint an executive director, a deputy executive director, and a general counsel of the Commission, and such other additional personnel as may be necessary to enable the Commission to perform its duties under this Act.
(2) Qualifications.--The executive director, deputy executive director, and general counsel of the Commission shall be appointed without regard to political affiliation, and shall possess all necessary security clearances for such positions.
(3) Duties of executive director.--The executive director of the Commission shall--
(A) serve as principal liaison between the Commission and other Government entities;
(B) be responsible for the administration and coordination of the review of records by the Commission; and
(C) be responsible for coordinating all official activities of the Commission.
(4) Compensation.--The Chairperson of the Commission may fix the compensation of the executive director, deputy executive director, general counsel, and other personnel employed by the Commission, without regard to the provisions of chapter 51 and subchapter III of chapter 53 of title 5, United States Code, relating to classification of positions and General Schedule pay rates, except that--
(A) the rate of pay for the executive director of the Commission may not exceed the rate payable for level III of the Executive Schedule under section 5314 of title 5, United States Code; and
(B) the rate of pay for the deputy executive director, the general counsel of the Commission, and other Commission personnel may not exceed the rate payable for level IV of the Executive Schedule under section 5315 of title 5, United States Code.
(5) Employee benefits.--
(A) In general.--An employee of the Commission shall be an employee for purposes of chapters 84, 85, 87, and 89 of title 5, United States Code, and service as an employee of the Commission shall be service for purposes of such chapters.
(B) Nonapplication to members.--This paragraph shall not apply to a member of the Commission.
(6) Office of personnel management.--The Office of Personnel Management--
(A) may promulgate regulations to apply the provisions referred to under subsection (a) to employees of the Commission; and
(B) shall provide support services relating to--
(i) the initial employment of employees of the Commission; and
(ii) other personnel needs of the Commission.
(d) Detail of Government Employees.--Any Federal Government employee may be detailed to the Commission without reimbursement to the agency of that employee, and such detail shall be without interruption or loss of civil service status or privilege.
(e) Procurement of Temporary and Intermittent Services.--The Chairperson of the Commission may procure temporary and intermittent services under section 3109(b) of title 5, United States Code, at rates for individuals which do not exceed the daily equivalent of the annual rate of basic pay prescribed for level V of the Executive Schedule under section 5316 of such title.
(f) Staff Qualifications.--Any person appointed to the staff of or employed by the Commission shall be an individual of integrity and impartiality.
(g) Conditional Employment.--
(1) In general.--The Commission may offer employment on a conditional basis to a prospective employee pending the completion of any necessary security clearance background investigation. During the pendency of any such investigation, the Commission shall ensure than such conditional employee is not given and does not have access to or responsibility involving classified or otherwise restricted material.
(2) Termination.--If a person hired on a conditional basis as described in paragraph (1) is denied or otherwise does not qualify for all security clearances necessary for the fulfillment of the responsibilities of that person as an employee of the Commission, the Commission shall immediately terminate the employment of that person with the Commission.
(h) Expedited Security Clearance Procedures.--A candidate for executive director or deputy executive director of the Commission and any potential employee of the Commission shall, to the maximum extent possible, be investigated or otherwise evaluated for and granted, if applicable, any necessary security clearances on an expedited basis.
SEC. 6. SUPPORT SERVICES.
During the 180-day period following the date of enactment of this Act, the General Services Administration shall provide administrative support services (including offices and equipment) for the Commission.
SEC. 7. TERMINATION OF THE COMMISSION.
The Commission shall terminate 90 days after the date on which the Commission submits its final report under section 3.
SEC. 8. MISCELLANEOUS PROVISIONS.
(a) Inapplicability of FACA.--The Federal Advisory Committee Act (5 U.S.C. App.) does not apply to the Commission.
(b) Public Attendance.--To the maximum extent practicable, each meeting of the Commission shall be open to members of the public.
SEC. 9. FUNDING OF COMMISSION.
Notwithstanding section 1346 of title 31, United States Code, or section 611 of the Treasury and General Government Appropriations Act, 1998, of funds made available for fiscal years 1998 and 1999 to the Departments of Justice, State, and any other appropriate agency that are otherwise unobligated, not more than $3,500,000 shall be available for the interagency funding of activities of the Commission under this Act. Funds made available to the Commission pursuant to this section shall remain available for obligation until December 31, 1999.
Mr. KYL. Mr. President, I ask unanimous consent that the amendment be agreed to, the bill be considered read a third time and passed, as amended, the motion to reconsider be laid upon the table, and that any statements relating to the bill appear at this point in the Record.
The PRESIDING OFFICER. Without objection, it is so ordered.
The Amendment (No. 2335) was agreed to.
THE PRESIDING OFFICER. Without objection, the committee amendment, as amended, is agreed to.
The committee amendment in the nature of a substitute, as amended, was agreed to.
The bill was ordered to be engrossed for a third reading, was read the third time, and passed.
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