National Fund for Excellence in American Indian Education Amendments Act of 2006

H.R. 4936, the National Fund for Excellence in American Indian Education Amendments Act of 2006, seeks to improve the management and funding of the foundation responsible for supporting educational opportunities for American Indian students. The bill would require the foundation to hire an independent chief operating officer to oversee daily activities and would place strict limits on how much money can be spent on administrative overhead. By authorizing federal funding for operating expenses through 2009, the legislation aims to ensure more donated resources are directed toward classroom excellence and student programs rather than bureaucracy.