Code · BILL · 117th Congress · S. 1926 (Introduced in Senate) — To establish a Federal Capital Revolving Fund to assist Federal agencies in purchasing capital assets, and for other... · Sec. 10

Sec. 10. Administrative provisions

114 words·~1 min read·/bill/117/s/1926/is/section-10

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The following shall be considered to be, and shall be recorded as, expenditure transfers: Each purchase transfer. Each payment of an administrative fee under section 5(h). Each transfer of repayment amounts to the Fund under section 6. Nothing in this Act— provides any new real property landholding or land managing authority to a purchasing agency; otherwise affects any existing real property landholding or land managing authority of an agency, as in effect on the date of enactment of this Act; or permits the President, the Administrator, or the head of any other agency to transfer, reprogram, or otherwise use any amounts in the Fund absent specific language enacted by Congress authorizing such an action.