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22 U.S.C. § 7718Authorization of appropriations

submitted 22 years ago by Pub. L. 108-199 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 134 words · no verdicts yet

in plain englishAI-generated · not legal advice

Congress may appropriate whatever money is needed to run this program for 2004 and 2005. The Corporation can allocate or transfer that money to other federal agencies to carry out its purposes, but must tell Congress at least 15 days before doing so.

(a) Authorization of appropriations: Congress may appropriate whatever amount is necessary to carry out this chapter for each of fiscal years 2004 and 2005. (b) Allocation of funds: (1) The Corporation may allocate or transfer funds to any U.S. government agency to carry out this chapter; those funds must be used for the purposes they were authorized for, following either this chapter's rules or the receiving agency's own governing authority. (2) The Corporation must notify the relevant congressional committees at least 15 days before making such a transfer or allocation.
the actual law source: uscode.house.gov ↗public domain
(a) Authorization of appropriations

There are authorized to be appropriated to carry out this chapter such sums as may be necessary for each of the fiscal years 2004 and 2005.

(b) Allocation of funds
(1) In general

The Corporation may allocate or transfer to any agency of the United States Government any of the funds available for carrying out this chapter. Such funds shall be available for obligation and expenditure for the purposes for which the funds were authorized, in accordance with authority granted in this chapter or under authority governing the activities of the United States Government agency to which such funds are allocated or transferred.

(2) Notification

The Corporation shall notify the appropriate congressional committees not less than 15 days prior to an allocation or transfer of funds pursuant to paragraph (1).

Source credit: (Pub. L. 108–199, div. D, title VI, § 619, Jan. 23, 2004, 118 Stat. 225.)

history & why it existsrecord from the source credit
  • 2004Enacted · Pub. L. 108-199 · 118 Stat. 225

A history note hasn’t been published yet. The record shows enactment by Pub. L. 108-199 on 2004-01-23.

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