Amends the John F. Kennedy Center Act to terminate the obligation of the Trustees of the John F. Kennedy Center for the Performing Arts (the Board) to pay the Treasury interest on revenue bonds issued to finance necessary parking facilities for the Center.
Establishes in the Treasury the Kennedy Center Revenue Bond Sinking Fund to retire such obligations. Sets forth a payment schedule for the Board and terms of investment and management for the Secretary of the Treasury.
Became Public Law No: 98-473.
Introduced in Senate
Read twice and referred to the Committee on Environment and Public Works.
Committee on Environment and Public Works. Hearings held. Hearings printed: S.Hrg. 98-770.
Committee on Environment and Public Works. Committee consideration and Mark Up Session held.
Committee on Environment and Public Works. Ordered to be reported without amendment favorably.
Committee on Environment and Public Works. Reported to Senate by Senator Stafford without amendment. With written report No. 98-530. Additional views filed.
Committee on Environment and Public Works. Reported to Senate by Senator Stafford without amendment. With written report No. 98-530. Additional views filed.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 1012.
Passed/agreed to in Senate: Passed Senate without amendment by Voice Vote.
Passed Senate without amendment by Voice Vote.
Referred to House Committee on Public Works and Transportation.
Referred to Subcommittee on Public Buildings and Grounds.
See H.J.Res.648.
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