,,ii #aagth ,,congress #ast ,session ,s4 #cjif ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,october #bh1 #bjba,mr4 ,kelly 7for himself1 ,ms4 ,collins1 ,mrs4 ,feinstein1 and ,mr4 ,wyden7 introduced the following bill2 which was read twice and referred to the ,committee on ,health1 ,education1 ,labor1 and ,pensions ,a ,,bill ,to make amendments to the ,barry ,goldwater ,scholarship and ,excellence in ,education ,act4 #a4 ,short title ,this ,act may be cited as the ,barry ,goldwater ,scholarship and ,excellence in ,education ,modernization ,act4 #b4 ,amendments to the ,barry ,goldwater ,scholarship and ,excellence in ,education ,act 7a7 ,clarifying amendments to definitions ,section #adjc of the ,barry ,goldwater ,scholarship and ,excellence in ,education ,act 7#bj ,u4,s4,c4 #dgjb7 is amended-- 7#a7 by striking paragraph 7#e7 and inserting the following3 7#e7 ,the term ,state means each of the #ej ,states1 the ,district of ,columbia1 the ,commonwealth of ,puerto ,rico1 ,guam1 the ,united ,states ,virgin ,islands1 ,american ,samoa1 the ,commonwealth of the ,northern ,marianas1 the ,republic of the ,marshall ,islands1 the ,federated ,states of ,micronesia1 and the ,republic of ,palau4 2 and 7#b7 in paragraph 7#f7 by inserting 1 a resident of a ,state1 after national of the ,united ,states4 7b7 ,barry ,goldwater ,scholarship and ,excellence in ,education awards 7#a7 ,section #adje7;a7 of the ,barry ,goldwater ,scholarship and ,excellence in ,education ,program 7#bj ,u4,s4,c4 #dgjd7;a77 is amended-- 7,a7 in the subsection heading1 by striking award of scholarships and fellowships and inserting award of scholarships1 fellowships1 and research internships2 7,b7 in paragraph 7#a7-- 7i7 by striking scholarships and fellowships and inserting scholarships1 fellowships1 and research internships each place the term appears2 and 7ii7 by striking science and mathematics and inserting the natural sciences1 engineering1 and mathematics2 7,c7 in paragraph 7#b71 by striking mathematics and the natural sciences and inserting the natural sciences1 engineering1 and mathematics2 7,d7 in paragraph 7#c71 by striking mathematics and the natural sciences and inserting the natural sciences1 engineering1 and mathematics2 7,e7 by redesignating paragraph 7#d7 as paragraph 7#e72 7,f7 in paragraph 7#e71 as so redesignated1 by striking scholarships and fellowships and inserting scholarships1 fellowships1 and research internships2 and 7,g7 by inserting after paragraph 7#c7 the following3 7#d7 ,research internships shall be awarded to outstanding undergraduate students who intend to pursue careers in the natural sciences1 engineering1 and mathematics1 which shall be prioritized for students attending community colleges4 4 7#b7 ,section #adje7;b7 of the ,barry ,goldwater ,scholarship and ,excellence in ,education ,program 7#bj ,u4,s4,c4 #dgjd7;b77 is amended by adding at the end the following3 ,recipients of research internships under this title shall be known as ,barry ,goldwater ,interns44 7c7 ,stipends ,section #adjf of the ,barry ,goldwater ,scholarship and ,excellence in ,education ,act 7#bj ,u4,s4,c4 #dgje7 is amended by adding at the end the following3 ,each person awarded a research internship under this title shall receive a stipend as may be prescribed by the ,board1 which shall not exceed the maximum stipend amount awarded for a scholarship or fellowship44 7d7 ,scholarship and research internship conditions ,section #adjg of the ,barry ,goldwater ,scholarship and ,excellence in ,education ,act 7#bj ,u4,s4,c4 #dgjf7 is amended-- 7#a7 in the section heading1 by inserting and research internship after scholarship2 7#b7 in subsection 7a71 by striking the subsection heading and inserting ,scholarship conditions2 7#c7 in subsection 7b71 by striking the subsection heading and inserting ,reports on scholarships2 and 7#d7 by inserting at the end the following3 7c7 ,research internship conditions ,a person awarded a research internship under this title may receive payments authorized under this title only during such periods as the ,foundation finds that the person is maintaining satisfactory proficiency and is not engaging in gainful employment other than employment approved by the ,foundation pursuant to regulations of the ,board4 7d7 ,reports on research internships ,the ,foundation may require reports containing such information in such form and to be filed at such times as the ,foundation determines to be necessary from any person awarded a research internship under this title4 ,such reports may be accompanied by a certificate from an appropriate official at the institution of higher education or internship employer1 approved by the ,foundation1 stating that such person is maintaining satisfactory progress in the internship1 and is not engaged in gainful employment1 except as otherwise provided in subsection 7c74 4 7e7 ,sustainable investments of funds ,section #adjh of the ,barry ,goldwater ,scholarship and ,excellence in ,education ,act 7#bj ,u4,s4,c4 #dgjg7 is amended-- 7#a7 in subsection 7a71 by striking subsection 7d7 and inserting subsection 7f72 7#b7 by redesignating subsections 7c7 and 7d7 as subsections 7e7 and 7f71 respectively2 and 7#c7 by inserting after subsection 7b7 the following3 7c7 ,investment in securities ,notwithstanding subsection 7b71 the ,secretary of the ,treasury may invest not more than #dj percent of the fund's assets in securities other than public debt securities of the ,united ,states1 if-- 7#a7 the ,secretary receives a determination from the ,board that such investments are necessary to enable the ,foundation to carry out the purposes of this title2 and 7#b7 the securities in which such funds are invested are traded in established ,united ,states markets4 7d7 ,construction ,nothing in this section shall be construed to limit the authority of the ,board to increase the number of scholarships provided under section #adje1 or to increase the amount of the stipend authorized by section #adjf1 as the ,board considers appropriate and is otherwise consistent with the requirements of this title4 4 7f7 ,administrative provisions ,section #adaa7;a7 of the ,barry ,goldwater ,scholarship and ,excellence in ,education ,act 7#bj ,u4,s4,c4 #dgaj7;a77 is amended-- 7#a7 by striking paragraph 7#a7 and inserting the following3 7#a7 appoint and fix the rates of basic pay of such personnel 7in addition to the ,executive ,secretary appointed under section #adaj7 as may be necessary to carry out the provisions of this chapter1 without regard to the provisions in chapter #cc of title #e1 ,united ,states ,code1 governing appointment in the competitive service or the provisions of chapter #ea and subchapter ,,iii of chapter #ec of such title1 except that-- 7,a7 a rate of basic pay set under this paragraph may not exceed the maximum rate provided for employees in grade ,,gs-#ae of the ,general ,schedule under section #eccb of title #e1 ,united ,states ,code2 and 7,b7 the employee shall be entitled to the applicable locality-based comparability payment under section #ecjd of title #e1 ,united ,states ,code1 subject to the applicable limitation established under subsection 7g7 of such section2 2 7#b7 in paragraph 7#b7 by striking grade ,,gs-#ah under section #eccb of such title and inserting level ,,iv of the ,executive ,schedule2 7#c7 in paragraph 7#g71 by striking and at the end2 7#d7 by redesignating paragraph 7#h7 as paragraph 7#aj72 and 7#e7 by inserting after paragraph 7#g7 the following3 7#h7 expend not more than #e percent of the ,foundation's annual operating budget on programs that1 in addition to or in conjunction with the ,foundation's scholarship financial awards1 support the development of ,barry ,goldwater ,scholars and ,barry ,goldwater interns throughout their professional careers2 7#i7 expend not more than #e percent of the ,foundation's annual operating budget to pay the costs associated with fundraising activities1 including public and private gatherings2 and 4