Foundation of the Federal Bar Association Charter Amendments Act of 2016

[AI summary unavailable — showing source text] Foundation of the Federal Bar Association Charter Amendments Act of 2016 This bill revises the federal charter for the Foundation of the Federal Bar Association (the corporation) to remove provisions that declare the corporation to be incorporated and domiciled in the District of Columbia. Its principal office may be in any U.S. location. The procedures for membership of the National Council of the Federal Bar Association and the election of the board of directors and officers are to be as provided for in the bylaws instead of under charter requirements. But the bill prohibits the terms of membership, or the requirements for serving as a director or officer, from discriminating on the basis of race, color, religion, sex, disability, age, sexual orientation, or national origin. Prohibitions on the distribution of income or assets to a director, officer, or member shall not prevent: (1) board-approved payments of reasonable compensation or reimbursement for expenses incurred in undertaking the corporation's business; (2) the award of a grant to a Federal Bar Association chapter of an officer, director, or member; or (3) payment of reasonable compensation to the corporation's employee…