Sec. 620. **[**[15 U.S.C. 7219 note](/us/usc/t15/s7219)**]**
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## Sec. 620 **[**[15 U.S.C. 7219 note](/us/usc/t15/s7219)**]** In addition to amounts made available in prior fiscal years, the Public Company Accounting Oversight Board (Board) shall have authority to obligate funds for the scholarship program established by section 109(c)(2) of the Sarbanes-Oxley Act of 2002 (Public Law 107-204) in an aggregate amount not exceeding the amount of funds collected by the Board between January 1, 2018 and December 31, 2018, including accrued interest, as a result of the assessment of monetary penalties.
Funds available for obligation in fiscal year 2019 shall remain available until expended. Beginning in fiscal year 2020 and for each fiscal year thereafter, monetary penalties collected pursuant to 15 U.S.C. 7215 shall be deposited in the Public Company Accounting Oversight Board account as discretionary offsetting receipts.
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- Pub. L. 107-204
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Sec. 620
**[**[15 U.S.C. 7219 note](/us/usc/t15/s7219)**]**
Pub. L.Pub. L. 107-204
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