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108th CONGRESS
1st Session
S. 80
To recognize the organization known as the National Academies of
Practice.
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IN THE SENATE OF THE UNITED STATES
January 7, 2003
Mr. Inouye introduced the following bill; which was read twice and
referred to the Committee on the Judiciary
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A BILL
To recognize the organization known as the National Academies of
Practice.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``National Academies of Practice
Recognition Act of 2003''.
SEC. 2. CHARTER.
The National Academies of Practice organized and incorporated under
the laws of the District of Columbia, is hereby recognized as such and
is granted a Federal charter.
SEC. 3. CORPORATE POWERS.
The National Academies of Practice (referred to in this Act as the
``corporation'') shall have only those powers granted to it through its
bylaws and articles of incorporation filed in the State in which it is
incorporated and subject to the laws of such State.
SEC. 4. PURPOSES OF CORPORATION.
The purposes of the corporation shall be to honor persons who have
made significant contributions to the practice of applied psychology,
dentistry, medicine, nursing, optometry, osteopathy, podiatry, social
work, veterinary medicine, pharmacy, and other health care professions,
and to improve the practices in such professions by disseminating
information about new techniques and procedures.
SEC. 5. SERVICE OF PROCESS.
With respect to service of process, the corporation shall comply
with the laws of the State in which it is incorporated and those States
in which it carries on its activities in furtherance of its corporate
purposes.
SEC. 6. MEMBERSHIP.
Eligibility for membership in the corporation and the rights and
privileges of members shall be as provided in the bylaws of the
corporation.
SEC. 7. BOARD OF DIRECTORS; COMPOSITION; RESPONSIBILITIES.
The composition and the responsibilities of the board of directors
of the corporation shall be as provided in the articles of
incorporation of the corporation and in conformity with the laws of the
State in which it is incorporated.
SEC. 8. OFFICERS OF THE CORPORATION.
The officers of the corporation and the election of such officers
shall be as provided in the articles of incorporation of the
corporation and in conformity with the laws of the State in which it is
incorporated.
SEC. 9. RESTRICTIONS.
(a) Use of Income and Assets.--No part of the income or assets of
the corporation shall inure to any member, officer, or director of the
corporation or be distributed to any such person during the life of the
charter under this Act. Nothing in this subsection shall be construed
to prevent the payment of reasonable compensation to the officers of
the corporation or reimbursement for actual necessary expenses in
amounts approved by the board of directors.
(b) Loans.--The corporation shall not make any loan to any officer,
director, or employee of the corporation.
(c) Political Activity.--The corporation, any officer, or any
director of the corporation, acting as such officer or director, shall
not contribute to, support, or otherwise participate in any political
activity or in any manner attempt to influence legislation.
(d) Issuance of Stock and Payment of Dividends.--The corporation
shall have no power to issue any shares of stock nor to declare or pay
any dividends.
(e) Claims of Federal Approval.--The corporation shall not claim
congressional approval or Federal Government authority for any of its
activities.
SEC. 10. LIABILITY.
The corporation shall be liable for the acts of its officers and
agents when acting within the scope of their authority.
SEC. 11. MAINTENANCE AND INSPECTION OF BOOKS AND RECORDS.
(a) Books and Records of Account.--The corporation shall keep
correct and complete books and records of account and shall keep
minutes of any proceeding of the corporation involving any of its
members, the board of directors, or any committee having authority
under the board of directors.
(b) Names and Addresses of Members.--The corporation shall keep at
its principal office a record of the names and addresses of all members
having the right to vote in any proceeding of the corporation.
(c) Right To Inspect Books and Records.--All books and records of
the corporation may be inspected by any member having the right to
vote, or by any agent or attorney of such member, for any proper
purpose, at any reasonable time.
(d) Application of State Law.--Nothing in this section shall be
construed to contravene any applicable State law.
SEC. 12. ANNUAL REPORT.
The corporation shall report annually to the Congress concerning
the activities of the corporation during the preceding fiscal year. The
report shall not be printed as a public document.
SEC. 13. RESERVATION OF RIGHT TO AMEND OR REPEAL CHARTER.
The right to alter, amend, or repeal this Act is expressly reserved
to Congress.
SEC. 14. DEFINITION.
In this Act, the term ``State'' includes the District of Columbia,
the Commonwealth of Puerto Rico, and the territories and possessions of
the United States.
SEC. 15. TAX-EXEMPT STATUS.
The corporation shall maintain its status as an organization exempt
from taxation as provided in the Internal Revenue Code of 1986 or any
corresponding similar provision.
SEC. 16. TERMINATION.
If the corporation fails to comply with any of the restrictions or
provisions of this Act the charter granted by this Act shall terminate.
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