Pub. L. 108-375, div. A, tit. X, subtit. A, sec. 1009

NOTIFICATION OF FUND TRANSFERS FROM WORKING-CAPITAL FUNDS.

EnactedYear: 2004Length: 163 wordsOfficial source
SEC. 1009. NOTIFICATION OF FUND TRANSFERS FROM WORKING-CAPITAL FUNDS. Section 2208 of title 10, United States Code, is amended by adding at the end the following new subsection:“(r) Notification of Transfers.—(1) Notwithstanding any authority provided in this section to transfer funds, the transfer of funds from a working-capital fund, including a transfer to another working-capital fund, shall not be made under such authority unless the Secretary of Defense submits, in advance, a notification of the proposed transfer to the congressional defense committees in accordance with customary procedures.“(2) The amount of a transfer covered by a notification under paragraph (1) that is made in a fiscal year does not count toward any limitation on the total amount of transfers that may be made for that fiscal year under authority provided to the Secretary of Defense in a law authorizing appropriations for a fiscal year for military activities of the Department of Defense or a law making appropriations for the Department of Defense.”.118 STAT. 2038