Pub. L. 102-25, tit. I, sec. 102

PERSIAN GULF CONFLICT WORKING CAPITAL ACCOUNT

EnactedYear: 1991Length: 269 wordsOfficial source
SEC. 102. PERSIAN GULF CONFLICT WORKING CAPITAL ACCOUNT (a) Establishment of Account.— There is established in the Treasury of the United States a working capital account for the Department of Defense to be known as the “Persian Gulf Conflict Working Capital Account”. (b) Authorization of Appropriations.— During fiscal year 1991, there is authorized to be appropriated to the Persian Gulf Conflict Working Capital Account the sum of $15,000,000,000. (c) Use of Funds.— Funds appropriated pursuant to subsection (b) shall be available only for transfer by the Secretary of Defense to fiscal year 1991 appropriation accounts of the Department of Defense or Coast Guard for the incremental costs associated with Operation Desert Storm. Such funds may be used for that purpose only to the extent that funds are not available in the Defense Cooperation Account for transfer for such incremental costs. (d) Replenishment of Account.— Amounts transferred from the Persian Gulf Conflict Working Capital Account shall be replenished from funds available in the Defense Cooperation Account to the extent that funds are available in the Defense Cooperation Account. Whenever the balance in the working capital account is less than the amount appropriated to that account pursuant to this section, the Secretary shall transfer from the Defense Cooperation Account such funds as become available to the account to replenish the working capital account before making any transfer of such funds under sections 101 and 102. (e) Reversion of Balance Upon Termination of Account.— Any balance in the Persian Gulf Conflict Working Capital Account at the time of the termination of the account shall revert to the general fund of the Treasury.
Pub. L. 102-25, tit. I, sec. 102: PERSIAN GULF CONFLICT WORKING CAPITAL ACCOUNT | Justis AI