BUDGET FLEXIBILITY.

SEC. 101. BUDGET FLEXIBILITY. (a) Permitting Increase in Amount Appropriated as Local Funds During a Fiscal Year.—Subpart 1 of part D of title IV of the District of Columbia Home Rule Act (sec. 1–204.41 et seq., D.C. Official Code) is amended by inserting after section 446 the following new section: “PERMITTING INCREASE IN AMOUNT APPROPRIATED AS LOCAL FUNDS DURING A FISCAL YEAR “Sec. 446A. (a) In General.—Notwithstanding the fourth sentence of section 446, to account for an unanticipated growth of revenue collections, the amount appropriated as District of Columbia funds under budget approved by Act of Congress as provided in such section may be increased—“(1) by an aggregate amount of not more than 25 percent, in the case of amounts allocated under the budget as ‘Other-Type Funds’; and “(2) by an aggregate amount of not more than 6 percent, in the case of any other amounts allocated under the budget. “(b) Conditions.—The District of Columbia may obligate and expend any increase in the amount of funds authorized under this section only in accordance with the following conditions: “(1) The Chief Financial Officer of the District of Columbia shall certify—“(A) the increase in revenue; and “(B) that the use of the amounts is not anticipated to have a negative impact on the long-term financial, fiscal, or economic health of the District. “(2) The amounts shall be obligated and expended in accordance with laws enacted by the Council of the District of Columbia in support of each such obligation and expenditure, consistent with any other requirements under law. “(3) The amounts may not be used to fund any agencies of the District government operating under court-ordered receivership. “(4) The amounts may not be obligated or expended unless the Mayor has notified the Committees on Appropriations of the House of Representatives and Senate, the Committee on Government Reform of the House of Representatives, and the 120 STAT. 2021 Committee on Homeland Security and Governmental Affairs of the Senate not fewer than 30 days in advance of the obligation or expenditure. “(c) Effective Date.—This section shall apply with respect to fiscal years 2006 through 2007.” . (b) Conforming Amendment.—The fourth sentence of section 446 of such Act (sec. 1–204.46, D.C. Official Code) is amended by inserting “section 446A,” after “section 445A(b),”. (c) Clerical Amendment.—The table of contents of such Act is amended by inserting after the item relating to section 446 the following new item: “Sec. 446A. Permitting increase in amount appropriated as local funds during a fiscal year.”.