34 U.S.C. § 12631 — Creation of Violent Crime Reduction Trust Fund
submitted 32 years ago by Pub. L. 103-322 to r/title-34-CRIME-CONTROL-AND-LAW-ENFORCEMENT · 289 words · no verdicts yet
This law creates a Violent Crime Reduction Trust Fund in the Treasury. Set dollar amounts move into it each year from 1995 through 2000. Money in the Fund can only pay for purposes this Act allows.
(a) Creating the Fund. This section creates a separate Treasury account called the Violent Crime Reduction Trust Fund. Savings from carrying out section 5 of the Federal Workforce Restructuring Act of 1994 go into it, following (b).
(b) Moving money into the Fund. On the first day of each listed fiscal year (or as soon as possible after that, for 1995), these amounts move from the general fund into the Fund: (1) $2,423,000,000 for 1995; (2) $4,287,000,000 for 1996; (3) $5,000,000,000 for 1997; (4) $5,500,000,000 for 1998; (5) $6,500,000,000 for 1999; and (6) $6,500,000,000 for 2000.
(c) Spending from the Fund.
(1) Money in the Fund can only be spent on purposes this Act authorizes, and on expenses that earlier laws specifically said could be paid from the Fund.
(2) Spending and outlays under (1) don't count under most federal budget-enforcement rules — with a narrow exception for section 251A of the Balanced Budget and Emergency Deficit Control Act — or under section 665d(b) of title 2. New budget authority and outlays under (1) that show up in budget resolutions also don't count for certain other budget-tracking rules in title 2, or for section 24 of a specific 1994 House budget resolution.
There is established a separate account in the Treasury, known as the “Violent Crime Reduction Trust Fund” (referred to in this section as the “Fund”) into which shall be transferred, in accordance with subsection (b), savings realized from implementation of section 5 of the Federal Workforce Restructuring Act of 1994 (5 U.S.C. 3101 note; Public Law 103–226).
On the first day of the following fiscal years (or as soon thereafter as possible for fiscal year 1995), the following amounts shall be transferred from the general fund to the Fund—
for fiscal year 1995, $2,423,000,000;
for fiscal year 1996, $4,287,000,000;
for fiscal year 1997, $5,000,000,000;
for fiscal year 1998, $5,500,000,000;
for fiscal year 1999, $6,500,000,000; and
for fiscal year 2000, $6,500,000,000.
Amounts in the Fund may be appropriated exclusively for the purposes authorized in this Act and for those expenses authorized by any Act enacted before this Act that are expressly qualified for expenditure from the Fund.
Amounts appropriated under paragraph (1) and outlays flowing from such appropriations shall not be taken into account for purposes of any budget enforcement procedures under the Balanced Budget and Emergency Deficit Control Act of 1985 except section 251A 1 of that Act as added by subsection (g), or for purposes of section 665d(b) 1 of title 2. Amounts of new budget authority and outlays under paragraph (1) that are included in concurrent resolutions on the budget shall not be taken into account for purposes of sections 665(b), 665e(b), and 665e(c) of title 2,1 or for purposes of section 24 of House Concurrent Resolution 218 (One Hundred Third Congress).
Source credit: (Pub. L. 103–322, title XXXI, § 310001(a)–(c), Sept. 13, 1994, 108 Stat. 2102, 2103.)
- 1994Enacted · Pub. L. 103-322 · 108 Stat. 2102, 2103
A history note hasn’t been published yet. The record shows enactment by Pub. L. 103-322 on 1994-09-13.
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