10 U.S.C. § 8704 — Disposition of receipts
submitted 30 years ago by Pub. L. 104-106 to r/title-10-ARMED-FORCES · 50 words · no verdicts yet
This section directs where money received under the naval-salvage chapter must go.
Money received under this chapter must be credited to appropriations for maintaining naval salvage facilities. Any amount received in a fiscal year above the Navy’s salvage costs for that year must be deposited in the Treasury’s general fund.
Amounts received under this chapter shall be credited to appropriations for maintaining naval salvage facilities. However, any amount received under this chapter in any fiscal year in excess of naval salvage costs incurred by the Navy during that fiscal year shall be deposited into the general fund of the Treasury.
Source credit: (Added Pub. L. 104–106, div. A, title X, § 1015, Feb. 10, 1996, 110 Stat. 425, § 7364; renumbered § 8704, Pub. L. 115–232, div. A, title VIII, § 807(d)(3), Aug. 13, 2018, 132 Stat. 1836.)
- 1996Enacted · Pub. L. 104-106 · 110 Stat. 425
- 2018Amended · Pub. L. 115-232 · 132 Stat. 1836
A history note hasn’t been published yet. The record shows enactment by Pub. L. 104-106 on 1996-02-10.
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