Pub. L. 93-198, tit. IV, pt. E, subpt. 2, sec. 471

borrowing to meet appropriations

EnactedYear: 1973Length: 88 wordsOfficial source
borrowing to meet appropriations Sec. 471. In the absence of unappropriated available revenues to meet appropriations made pursuant to section 446, the Council may by act authorize the issuance of negotiable notes, in a total amount not to exceed 2 per centum of the total appropriations for the cur-rent fiscal year, each of which may be renewed from time to time, but all such notes and renewals thereof shall be paid not later than the close of the fiscal year following that in which such act becomes effective.
Pub. L. 93-198, tit. IV, pt. E, subpt. 2, sec. 471: borrowing to meet appropriations | Justis AI