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2 U.S.C. § 182bRevolving fund for sales shop and other services

submitted 26 years ago by Pub. L. 106-481 to r/title-2-THE-CONGRESS · 427 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Treasury holds a revolving fund for the Library of Congress's gift shop, document copying, special events, training, and cataloging work. The Librarian keeps a separate account for each activity, charges fees, and deposits the money back into that activity's account.

(a) Establishment. The Treasury holds a revolving fund for five Library of Congress activities: (1) developing the decimal classification system; (2) running a gift shop or other sales tied to the Library's collections, exhibits, performances, and events; (3) copying and microfilming documents; (4) special events and programs; and (5) training. (b) Individual accounting requirement. The fund keeps a separate account for each of those five activities. (c) Fees for services. The Librarian may charge fees for any of these activities and must deposit those fees into that activity's account. (d) Contents of accounts in fund. (1) Each account holds: (A) fees the Librarian charged under (c); (B) any other money the Librarian receives that belongs to that activity; (C) money moved in under paragraph (2); and (D) any other money Congress appropriates. (2) When the fund was created, the Librarian had to move into each account: (A) any unspent money already set aside for that activity; and (B) an amount equal to the value of that activity's supplies, inventory, equipment, and gift-fund balances, minus the value of its debts. (e) Use of amounts. (1) Except as (2) says, the Librarian may spend the money in each account — in amounts Congress sets in appropriations laws, with no deadline tied to a fiscal year — on that account's activity. (2) If the fund holds a payment for United States Capitol Police services tied to a special event under (a)(4), the Librarian must hand that payment straight to the Capitol Police for their own budget.
the actual law source: uscode.house.gov ↗public domain
(a) Establishment

There is hereby established in the Treasury a revolving fund for the following programs and activities of the Librarian:

(1)

Decimal classification development.

(2)

The operation of a gift shop or other sales of items associated with collections, exhibits, performances, and special events of the Library of Congress.

(3)

Document reproduction and microfilming services.

(4)

Special events and programs.

(5)

Training.

(b) Individual accounting requirement

A separate account shall be maintained in the revolving fund under this section with respect to the programs and activities described in each of the paragraphs of subsection (a).

(c) Fees for services

The Librarian may charge a fee for services under any of the programs and activities described in subsection (a), and shall deposit any such fees charged into the account of the revolving fund under this section for such program or activity.

(d) Contents of accounts in fund
(1) In general

Each account of the revolving fund under this section shall consist of the following amounts:

(A)

Amounts deposited by the Librarian under subsection (c).

(B)

Any other amounts received by the Librarian which are attributable to the programs and activities covered by such account.

(C)

Amounts deposited by the Librarian under paragraph (2).

(D)

Such other amounts as may be appropriated under law.

(2) Deposit of funds during transition

The Librarian shall transfer to each account of the revolving fund under this section the following:

(A)

Any obligated, unexpended balances existing as of the date of the transfer which are attributable to the programs and activities covered by such account.

(B)

An amount equal to the difference as of such date between—

(i)

the total value of the supplies, inventories, equipment, gift fund balances, and other assets attributable to such programs and activities; and

(ii)

the total value of the liabilities attributable to such programs and activities.

(e) Use of amounts
(1) In general

Except as provided in paragraph (2), amounts in the accounts of the revolving fund under this section shall be available to the Librarian, in amounts specified in appropriations Acts and without fiscal year limitation, to carry out the programs and activities covered by such accounts.

(2) Special rule for payments for certain Capitol Police services

In the case of any amount in the revolving fund consisting of a payment received for services of the United States Capitol Police in connection with a special event or program described in subsection (a)(4), the Librarian shall transfer such amount upon receipt to the Capitol Police for deposit into the applicable appropriations accounts of the Capitol Police.

Source credit: (Pub. L. 106–481, title I, § 102, Nov. 9, 2000, 114 Stat. 2188; Pub. L. 107–68, title II, § 208(a), Nov. 12, 2001, 115 Stat. 587; Pub. L. 110–161, div. H, title I, § 1004(f)(1), Dec. 26, 2007, 121 Stat. 2235; Pub. L. 110–178, § 6(a), Jan. 7, 2008, 121 Stat. 2553; Pub. L. 111–145, § 6(d)(1), Mar. 4, 2010, 124 Stat. 54; Pub. L. 115–141, div. I, title I, § 151(1), Mar. 23, 2018, 132 Stat. 784.)

history & why it existsrecord from the source credit
  • 2000Enacted · Pub. L. 106-481 · 114 Stat. 2188
  • 2001Amended · Pub. L. 107-68 · 115 Stat. 587
  • 2007Amended · Pub. L. 110-161 · 121 Stat. 2235
  • 2008Amended · Pub. L. 110-178 · 121 Stat. 2553
  • 2010Amended · Pub. L. 111-145 · 124 Stat. 54
  • 2018Amended · Pub. L. 115-141 · 132 Stat. 784

A history note hasn’t been published yet. The record shows enactment by Pub. L. 106-481 on 2000-11-09.

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