Sec. 9008. Authorization of Appropriations
196 words·~1 min read·
/bill/116/hr/7608/rfs/section-9008A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
There is authorized to be appropriated to carry out this title, and the amendments made by this title, $50,000,000 for each of the first 5 fiscal years beginning after the date of the enactment of this Act. Of the amounts authorized to be appropriated by subsection
(a)for each of the fiscal years described in such subsection, the following amounts shall be made available to carry out section 535 of the Foreign Assistance Act of 1961 (as added by section 9004): Sixty percent of such amounts for the first fiscal year. Fifty percent of such amounts for the second fiscal year. Forty percent of such amounts for each of the third and fourth such fiscal years. Thirty percent of such amounts for the fifth such fiscal year. Not more than 3 percent of amounts authorized to be appropriated by subsection
(a)for a fiscal year may be made available for administrative expenses to carry out section 535 of the Foreign Assistance Act of 1961 (as added by section 9004). Amounts authorized to be appropriated by subsection
(a)for a fiscal year are authorized to remain available for such fiscal year and the subsequent 4 fiscal years.