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54 U.S.C. § 101935Financial management

submitted 10 years ago by Pub. L. 114-289 to r/title-54-NATIONAL-PARK-SERVICE-AND-RELATED-PROGRAMS · 148 words · no verdicts yet

in plain englishAI-generated · not legal advice

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
(a)Revolving Fund.—

There is established a revolving fund that shall be available to the Secretary without fiscal year limitation for—

(1)

expenses necessary for the management, improvement, enhancement, operation, construction, and maintenance of commercial visitor services and facilities; and

(2)

payment of possessory interest and leasehold surrender interest.

(b)Collection of Funds.—
(1)

Funds collected by the Secretary pursuant to the contracts awarded under this subchapter shall be credited to the revolving fund.

(2)

The Secretary is authorized to transfer to the revolving fund, without reimbursement, any additional funds or revenue in connection with the functions to be carried out under this subchapter.

(c)Use of Funds.—

Amounts in the revolving fund shall be used by the Secretary in furtherance of the purposes of this title. No funds from this account may be used to decrease the availability of services and programs to the public.

Source credit: (Added Pub. L. 114–289, title VII, § 701, Dec. 16, 2016, 130 Stat. 1493.)

history & why it existsrecord from the source credit
  • 2016Enacted · Pub. L. 114-289 · 130 Stat. 1493

A history note hasn’t been published yet. The record shows enactment by Pub. L. 114-289 on 2016-12-16.

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