Pub. L. 90-133, tit. VI, under "limitation on administrative and vocational training expenses, federal prison industries. incorporated"

limitation on administrative and vocational training expenses, federal prison industries. incorporated

EnactedYear: 1967Length: 142 wordsOfficial source
limitation on administrative and vocational training expenses, federal prison industries. incorporated Not to exceed $726,000 of the funds of the corporation shall be available for its administrative expenses, and not to exceed $1,988,000 for the expenses of vocational training of prisoners, both amounts to be available for services as authorized by 5 U.S.C. 3109, and to be computed on an accrual basis and to be determined in accordance with the corporation’s prescribed accounting system in effect on July 1, 1946, and shall be exclusive of depreciation, payment of claims, expenditures which the said accounting system requires to be capitalized or charged to cost of commodities acquired or produced, including selling and shipping expenses, and expenses in connection with acquisition. construction, operation, maintenance, improvement, protection, or disposition of facilities and other property belonging to the corporation or in which it has an interest.
Pub. L. 90-133, tit. VI, under "limitation on administrative and vocational training expenses, federal prison industries. incorporated": limitation on administrative and vocational training expenses, federal prison industries. incorporated | Justis AI