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Code · BILL · 115th Congress · S. 1655 (Placed on Calendar Senate) — Making appropriations for the Departments of Transportation, and Housing and Urban Development, and related agencies... · Sec. 102

Sec. 102.

158 words·~1 min read·/bill/115/s/1655/pcs/section-102

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In addition to authority provided by section 327 of title 49, United States Code, the Department's Working Capital Fund is hereby authorized to provide partial or full payments in advance and accept subsequent reimbursements from all Federal agencies from available funds for transit benefit distribution services that are necessary to carry out the Federal transit pass transportation fringe benefit program under Executive Order 13150 and section 3049 of Public Law 109–59 : , That the Department shall maintain a reasonable operating reserve in the Working Capital Fund, to be expended in advance to provide uninterrupted transit benefits to Government employees:
Provided , That such reserve will not exceed one month of benefits payable and may be used only for the purpose of providing for the continuation of transit benefits: Provided further , That the Working Capital Fund will be fully reimbursed by each customer agency from available funds for the actual cost of the transit benefit. Provided further
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  • Pub. L. 109-59
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Sec. 102
Pub. L.Pub. L. 109-59
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