31 U.S.C. § 1552 Procedure For Appropriation Accounts Available For Definite Periods

LibraryUnited States Statutes
Edition2023 Edition
CurrencyCurrent through P.L. 118-19 (published on www.congress.gov on 10/06/2023)

(a) On September 30th of the 5th fiscal year after the period of availability for obligation of a fixed appropriation account ends, the account shall be closed and any remaining balance (whether obligated or unobligated) in the account shall be canceled and thereafter shall not be available for obligation or expenditure for any purpose.

(b) Collections authorized or required to be credited to an appropriation account, but not received before closing of the account under subsection (a) or under section 1555 of this title shall be deposited in the Treasury as miscellaneous receipts.

<TABLE> <TR><TD colspan="3">HISTORICAL AND REVISION NOTES</TD> </TR> <TR> <TD>Revised Section</TD> <TD>Source (U.S. Code)</TD> <TD>Source (Statutes at Large)</TD> </TR> <TR> <TD>1552(a)</TD> <TD>31:701(a)(1).</TD> <TD>July 25, 1956, ch. 727, §1(a)(1), 70 Stat. 647; restated July 12, 1974, Pub. L. 93-344, §503(a), 88 Stat. 321.</TD> </TR> <TR> <TD> </TD> <TD>31:701(a)(2).</TD> <TD>July 25, 1956, ch. 727, §1(a)(2), 70 Stat. 648; June 29, 1960, Pub. L. 86-533, §1(25), 74 Stat. 249.</TD> </TR> <TR> <TD> </TD> <TD>31:701(b).</TD> <TD>July 25, 1956, ch. 727, §1(b), 70 Stat. 648; restated July 12, 1974, Pub. L. 93-344, §503(b), 88 Stat. 322; Apr. 21, 1976, Pub. L. 94-273, §45, 90 Stat. 382.</TD> </TR> <TR> <TD>1552(b)</TD> <TD>31:701(c)(last sentence).</TD> <TD>July 25, 1956, ch. 727, §§1(c)(last sentence), (d), 5, 70 Stat. 648, 649.</TD> </TR> <TR> <TD>1552(c)</TD> <TD>31:701(d).</TD> <TD/> </TR> <TR> <TD>1552(d)</TD> <TD>31:705.</TD> <TD/> </TR> </TABLE>

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