Sec. 1. SHORT TITLE; TABLE OF CONTENTS

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## SECTION 1 SHORT TITLE; TABLE OF CONTENTS ###

(a)Short Title This Act may be cited as the “District of Columbia Financial Responsibility and Management Assistance Act of 1995”. ###

(b)Table of Contents The table of contents of this Act is as follows: Sec. 1. Short title; table of contents. Sec. 2. Findings; purpose. TITLE I—ESTABLISHMENT AND ORGANIZATION OF AUTHORITY Sec. 101. District of Columbia Financial Responsibility and Management Assistance Authority. Sec. 102. Executive director and staff of Authority. Sec. 103. Powers of Authority. Sec. 104. Exemption from liability for claims. Sec. 105. Treatment of actions arising from act. Sec. 106. Funding for operation of Authority. Sec. 107. Suspension of activities. Sec. 108. Application of laws of District of Columbia to Authority.11Section 159 of Public Law 105–277 added section 109 (“Chief Management Officer”) without adding a corresponding item to the table of contents. TITLE II—RESPONSIBILITIES OF AUTHORITY Subtitle A—Establishment and Enforcement of Financial Plan and Budget for District Government Sec. 201. Development of financial plan and budget for District of Columbia. Sec. 202. Process for submission and approval of financial plan and annual District budget. Sec. 203. Review of activities of District government to ensure compliance with approved financial plan and budget. Sec. 204. Restrictions on borrowing by District during control year.``Sec. 601. Transitional provision for short-term advances.``Sec. 602. Short-term advances for seasonal cash-flow management.``Sec. 603. Security for advances.``Sec. 604. Reimbursement to the Treasury.``Sec. 605. Definitions. **[** Sec. 205. Repealed. **]** Sec. 206. Effect of finding of non-compliance with financial plan and budget. Sec. 207. Recommendations on financial stability and management responsibility. Sec. 208. Special rules for fiscal year 1996. Sec. 209. Control periods described. Subtitle B—Issuance of Bonds Sec. 211. Authority to issue bonds. Sec. 212. Pledge of security interest in revenues of District government. Sec. 213. Establishment of debt service reserve fund. Sec. 214. Other requirements for issuance of bonds. Sec. 215. No full faith and credit of the United States. Subtitle C—Other Duties of Authority Sec. 221. Duties of Authority during year other than control year. Sec. 222. General assistance in achieving financial stability and management efficiency. Sec. 223. Obtaining reports. Sec. 224. Reports and comments. Sec. 225. Disposition of certain school property. TITLE III—MISCELLANEOUS PROVISIONS Sec. 301. Other District budget reforms. Sec. 302. Establishment of Chief Financial Officer of District of Columbia. Sec. 303. Revisions to powers and duties of Inspector General of District of Columbia. Sec. 304. Council approval of certain contracts. Sec. 305. Definitions.

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Pub. L. 105-277

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Sec. 1

SHORT TITLE; TABLE OF CONTENTS

Pub. L.Pub. L. 105-277

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