Sec. 17. Funding
134 words·~1 min read·
/bill/113/s/627/is/section-17A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For fiscal year 2015, there are authorized to be appropriated to the Fund, such sums as may be necessary to carry out this Act. For fiscal year 2015 and each subsequent fiscal year, there is appropriated to the Fund, out of any funds in the Treasury not otherwise appropriated, an amount equal to the amount that is .55 percent of the gross domestic product of the United States for the preceding fiscal year (as such amount is determined by the Secretary of Commerce). Funds appropriated to the Fund for a fiscal year shall remain available for expenditure in accordance with this Act until the end of the 3-year period beginning on October 1 of such fiscal year.
Any such funds that are unexpended at the end of such period shall revert to the Treasury.