31 U.S.C. § 327 — Advancements and reimbursements for services
submitted 44 years ago by Pub. L. 97-258 to r/title-31-MONEY-AND-FINANCE · 98 words · no verdicts yet
This law defines "service" to include things like disbursing money, servicing bonds, and maintaining bank accounts. If the Treasury provides such a service to an unfunded agency, that agency pays for it. The money can be credited to the agency's current appropriation.
(a) In this section, "service" includes: disbursing and receiving money; servicing bonds; making accounts; and maintaining bank accounts.
(b) If the Secretary of the Treasury provides one of these services for another agency (not the Treasury Department itself) and money hasn't been appropriated to the Treasury to cover it, that agency can advance money for the service, or pay the Treasury back afterward. Even though section 3302 of this title normally requires deposits to go to the general fund, this money can instead be credited to whatever appropriation the agency currently has available.
In this section, “service” includes service provided in—
disbursing and receiving amounts.
servicing bonds.
making accounts.
maintaining bank accounts.
When the Secretary of the Treasury provides a service for an agency (except the Department of the Treasury) for which amounts have not been appropriated to the Department, the agency may advance for credit or reimburse the Department the amounts necessary to provide the service. Notwithstanding section 3302 of this title, amounts advanced or reimbursed may be credited to the appropriation of the Department that is current when the service is provided.
Source credit: (Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 883.)
- 1982Enacted · Pub. L. 97-258 · 96 Stat. 883
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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