A bill to amend section 5590 of the Revised Statutes to provide for adjusting the rate of interest paid on funds of the Smithsonian Institution deposited with the Treasury of the United States as a permanent loan.
Public Law 97-199 · H.R. 6132 · 97th Congress · began in the House
Signed by Ronald Reagan (R) on Jun 22, 1982 · Finance and Financial Sector
Sponsor: Rep. Edward Boland (D-MA-2)
Cosponsors (2): Rep. Norman Mineta, Rep. Silvio Conte
Passage votes
- HouseVoice vote
- SenateVoice vote
Data notes
The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.
Summary
The Congressional Research Service’s plain-language summary of what the law does.
Permits the adjustment of interest (currently limited to six percent per annum) paid on funds of the Smithsonian Institution which are deposited with the United States Treasury for the perpetual maintenance and support of the Smithsonian Institution. Requires investment of such funds in public debt securities with maturities bearing interest at rates which take into consideration the current average yield on outstanding marketable obligations of the United States of comparable maturities.
Makes the provisions of this Act applicable to fiscal years beginning after FY 1982.
Committees
The committees the bill was sent to, and what each did with it.
Data notes
A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.
Timeline
From introduction to signing, newest first: the committees, the floor and the president. 12 actions.
- Jun 22, 1982Became lawBecame law · Became Public Law No: 97-199.
- Became lawBecame law · Signed by President.
- Jun 14, 1982PresidentPresident · Presented to President.
- Jun 9, 1982FloorFloor · Passed Senate without amendment by Voice Vote.
- May 26, 1982CommitteeCommittee · Reported by Senate Rules and Administration Committee
- May 21, 1982CommitteeCommittee · Markup by Senate Rules and Administration Committee
- May 12, 1982CommitteeCommittee · Referred to Senate Rules and Administration Committee
- May 10, 1982FloorFloor · Passed House (Amended) by Voice Vote.
- May 6, 1982CommitteeCommittee · Reported by House Committee on House Administration
- May 5, 1982CommitteeCommittee · Markup by House Committee on House Administration
- Apr 21, 1982CommitteeCommittee · Referred to House Committee on House Administration
- IntroducedIntroduced · Introduced in the House
Data notes
Shows the introduction, each committee and subcommittee step the source dates (referral, hearings, markup, report, discharge), and the floor, conference, presidential and became-law steps. Calendar placements, messages between the chambers, amendments and committee report numbers are not shown for laws before the 108th Congress. Two entries the source lists twice are shown once.
Official record
The bill’s full text and every action, including introduction and committee steps, are on Congress.gov. Data through Oct 7, 2026.