H.R. 6206: Truman Scholarship Fund Modernization Act

109th Congress · introduced 2006-09-27 · Education · Latest: Received in the Senate.

federal

Follow this bill, step by step

Where it came from: introduced 2006-09-27 · official record
Who proposed it: Rep. English, Phil [R-PA-3] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Received in the Senate. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Truman Scholarship Fund Modernization Act

Plain summary

(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Truman Scholarship Fund Modernization Act - Amends the Harry S Truman Memorial Scholarship Act to require the Secretary of the Treasury to invest amounts appropriated and contributed to the Harry S Truman Memorial Scholarship Trust Fund: (1) only at the request of the Board of Trustees of the Harry S Truman Scholarship Foundation; and (2) only in interest-bearing obligations of the United States issued directly to such Fund. Repeals the Secretary's discretion to invest in obligations guaranteed as to principal and interest by the United States. Repeals the condition that such obligations shall be issued only if it is not in the public interest to purchase other interest-bearing obligations issued or guaranteed by the United States. Makes all requests of the Board binding on the Secretary. Repeals the authority of the Secretary to sell any obligation acquired by the fund (except special obligations issued exclusively to it) at the market price. Requires the Secretary, at the Board's request, to redeem any obligation issued directly to the fund.

Congressional Research Service summary (Passed House without amendment), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

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A “Nay” vote

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What does this mean? (plain words)

Official text

Truman Scholarship Fund Modernization Act

Source: Congressional Research Service summary (Passed House without amendment)

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. English, Phil [R-PA-3] · 4 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)

Appropriation: Money a legislature sets aside by law for a specific purpose. Government agencies may spend public money only as it has been appropriated.
Obligation: A binding promise by a government agency to pay money, for example by signing a contract or awarding a grant. Spending data such as USAspending.gov counts money when it is obligated, which can be before it is actually paid out.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Passed House without amendment)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-109hr6206.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/109/hr>

Record fed-us-cong109-hr6206 · catalog fed-us-congress-bills-cong109 · updated 2026-11-15 by psicol fed-bills-cong109