Pub. L. 95-426, tit. I, under "working capital fund"

working capital fund

EnactedYear: 1978Length: 206 wordsOfficial source
working capital fund Sec. 109. (a) Section 13 of the Act entitled “An Act to provide certain basic authority for the Department of State”, approved August 1, 1956 (22 U.S.C. 2684), is amended— (1) by striking out “supply” in clause (2) in the first sentence; (2) by striking out “, and” at the end of clause (2) in the first sentence and inserting in lieu thereof a semicolon; (3) by inserting immediately before the period at the end of the first sentence “; and (4) medical and health care services”; 92 STAT. 967 (4) by striking out the third sentence; and (5) by inserting “(a)” immediately after “Sec. 13.” and by adding the following new subsection at the end of the section: “(b) The current value of supplies returned to the working capital fund by a post, activity, or agency may be charged to the fund. The proceeds thereof shall, if otherwise authorized, be credited to current applicable appropriations and shall remain available for expenditures for the same purposes for which those appropriations are available. Credits may not be made to appropriations under this subsection as the result of capitalization of inventories.”. (b) The amendments made by this section shall take effect on October 1, 1978.
Pub. L. 95-426, tit. I, under "working capital fund": working capital fund | Justis AI