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19 U.S.C. § 2074 — Establishment of revolving fund

submitted 77 years ago by ch. 286 to r/title-19-CUSTOMS-DUTIES · 75 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section creates a $300,000 revolving fund for temporary advances covering authorized Customs services. Transferred amounts must be returned within the stated deadline.

There is established a revolving fund of $300,000 which must be available, without fiscal year limitation exclusively for transfer to the appropriation for collecting the revenue from customs to cover obligations of the United States Customs Service arising from authorized reimbursable services, pending reimbursement from parties in interest: Provided, That amounts so transferred must be returned to the revolving fund not later than six months after the close of the fiscal year in which transferred.
the actual law source: uscode.house.gov ↗public domain

There is established a revolving fund of $300,000 which shall be available, without fiscal year limitation exclusively for transfer to the appropriation for collecting the revenue from customs to cover obligations of the United States Customs Service arising from authorized reimbursable services, pending reimbursement from parties in interest: Provided, That amounts so transferred shall be returned to the revolving fund not later than six months after the close of the fiscal year in which transferred.

Source credit: (June 30, 1949, ch. 286, title I, 63 Stat. 360.)

history & why it existsrecord from the source credit
  • 1949Enacted · Act of June 30, 1949, ch. 286 · 63 Stat. 360

A history note hasn’t been published yet. The record shows enactment by ch. 286 on 1949-06-30.

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