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31 U.S.C. § 1555Closing of appropriation accounts available for indefinite periods

submitted 44 years ago by Pub. L. 97-258 to r/title-31-MONEY-AND-FINANCE · 80 words · no verdicts yet

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A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

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

An appropriation account available for obligation for an indefinite period shall be closed, and any remaining balance (whether obligated or unobligated) in that account shall be canceled and thereafter shall not be available for obligation or expenditure for any purpose, if—

(1)

the head of the agency concerned or the President determines that the purposes for which the appropriation was made have been carried out; and

(2)

no disbursement has been made against the appropriation for two consecutive fiscal years.

Source credit: (Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 937; Pub. L. 101–510, div. A, title XIV, § 1405(a)(1), Nov. 5, 1990, 104 Stat. 1678.)

history & why it existsrecord from the source credit
  • 1982Enacted · Pub. L. 97-258 · 96 Stat. 937
  • 1990Amended · Pub. L. 101-510 · 104 Stat. 1678

A history note hasn’t been published yet. The record shows enactment by Pub. L. 97-258 on 1982-09-13.

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