36 U.S.C. § 152411 — Authorization of appropriations
submitted 26 years ago by Pub. L. 106-474 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 119 words · no verdicts yet
Congress can give the foundation up to $1,000,000 a year through fiscal year 2026, but only matching what private donors and state or local governments actually gave. This money cannot pay for the foundation's management, general, or fundraising costs.
(a) Authorization — Congress may appropriate money to the corporation for the first fiscal year after this chapter becomes law, and every year after that through fiscal year 2026. The amount cannot be more than the lesser of $1,000,000 or the total value of private contributions — money, services, or property — that private people and state and local governments actually gave the corporation.
(b) Limitation Related to Administrative Expenses — The corporation cannot use this appropriated money for management, general, or fundraising expenses. This matches how those expenses are reported to the IRS on the corporation's required annual information return under the Internal Revenue Code of 1986.
There are authorized to be appropriated to the corporation for the first fiscal year beginning on or after the date of the enactment of this chapter and each succeeding fiscal year through fiscal year 2026 an amount not to exceed the lesser of $1,000,000 or the amount of private contributions (whether in currency, services, or property) made to the corporation by private persons and State and local governments.
Amounts authorized under this section may not be used by the corporation for management and general or fundraising expenses as reported to the Internal Revenue Service as part of an annual information return required under the Internal Revenue Code of 1986.
Source credit: (Added Pub. L. 106–474, title II, § 201(a), Nov. 9, 2000, 114 Stat. 2094; amended Pub. L. 110–336, § 2(b)(1)(A), (4), Oct. 2, 2008, 122 Stat. 3726, 3727; Pub. L. 114–217, § 2(b)(1), July 29, 2016, 130 Stat. 840.)
- 2000Enacted · Pub. L. 106-474 · 114 Stat. 2094
- 2008Amended · Pub. L. 110-336 · 122 Stat. 3726, 3727
- 2016Amended · Pub. L. 114-217 · 130 Stat. 840
A history note hasn’t been published yet. The record shows enactment by Pub. L. 106-474 on 2000-11-09.
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