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16 U.S.C. § 7506 — Annual report

submitted 11 years ago by Pub. L. 114-113 to r/title-16-CONSERVATION · 146 words · no verdicts yet

in plain englishAI-generated · not legal advice

Starting in fiscal year 2017, the Foundation must send Congress a yearly report on the Fund. It's due within 60 days after each fiscal year ends. The report covers money received, deposited, and spent from the Fund.

(a) Requirement for annual report. Starting with fiscal year 2017, and subject to subsection (c), the Foundation must send a report each year — no later than 60 days after the fiscal year ends — to the Senate Commerce Committee and the House Natural Resources Committee. The report covers how the Fund operated that year. (b) Content. Each report must include: (1) a full statement of all money received (including where it came from), spent, and invested by the Fund; (2) a statement of how much was deposited and how much remains in the Fund at year's end; and (3) a description of what the Fund's money was spent on that year, including the purpose of each expense.
the actual law source: uscode.house.gov ↗public domain
(a) Requirement for annual report

Subject to subsection (c),1 beginning with fiscal year 2017, not later than 60 days after the end of each fiscal year, the Foundation shall submit to the Committee on Commerce, Science, and Transportation of the Senate and the Committee on Natural Resources of the House of Representatives a report on the operation of the Fund during that fiscal year.

(b) Content

Each annual report submitted under subsection (a) for a fiscal year shall include—

(1)

a full and complete statement of the receipts, including the source of all receipts, expenditures, and investments of the Fund;

(2)

a statement of the amounts deposited in the Fund and the balance remaining in the Fund at the end of the fiscal year; and

(3)

a description of the expenditures made from the Fund for the fiscal year, including the purpose of the expenditures.

Source credit: (Pub. L. 114–113, div. O, title IX, § 907, Dec. 18, 2015, 129 Stat. 3034.)

history & why it existsrecord from the source credit
  • 2015Enacted · Pub. L. 114-113 · 129 Stat. 3034

A history note hasn’t been published yet. The record shows enactment by Pub. L. 114-113 on 2015-12-18.

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