16 U.S.C. § 40c — Creation of special fund; expenditure

submitted 78 years ago by ch. 417 to r/title-16-CONSERVATION · 57 words · no verdicts yet

in plain englishAI-generated · not legal advice

This law lets the Treasury keep a special fund of park revenue for the Yellowstone school payments in sections 40a and 40b. The Interior Secretary estimates how much money is needed and certifies when it can be spent.

This section is one undivided rule. For the purposes of the payments described in sections 40a and 40b, the Secretary of the Treasury may set aside a sufficient part of the park's revenue in a special fund, based on estimates the Secretary of the Interior submits, and may spend that money once the Secretary of the Interior certifies it.

the actual law source: uscode.house.gov ↗public domain

For the purposes of sections 40a and 40b of this title, the Secretary of the Treasury is authorized to maintain hereafter in a special fund a sufficient portion of the park revenues, based upon estimates to be submitted by the Secretary of the Interior, and to expend the same upon certification by the Secretary of the Interior.

Source credit: (June 4, 1948, ch. 417, § 3, 62 Stat. 339.)

history & why it existsrecord from the source credit

1948Enacted · Act of June 4, 1948, ch. 417 · 62 Stat. 339

A history note hasn’t been published yet. The record shows enactment by ch. 417 on 1948-06-04.

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