§ 1105. John C. Stennis Center for Public Service Development Trust Fund
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/usc/title-2/section-1105A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Establishment of fund There is established in the Treasury of the United States a trust fund to be known as the “John C. Stennis Center for Public Service Development Trust Fund”. The fund shall consist of amounts appropriated to it pursuant to section 1110 of this title and amounts credited to it under subsection (d).
(b)Investment of fund assets
(1)At the request of the Center, it shall be the duty of the Secretary of the Treasury to invest in full the amounts appropriated to the fund. Such investments may be made only in interest-bearing obligations of the United States issued directly to the fund.
(2)The purposes for which obligations of the United States may be issued under chapter 31 of title 31 are hereby extended to authorize the issuance at par of special obligations directly to the fund. Such special obligations shall bear interest at a rate equal to the average rate of interest, computed as to the end of the calendar month next preceding the date of such issue, borne by all marketable interest-bearing obligations of the United States then forming a part of the public debt; except that where such average rate is not a multiple of one-eighth of 1 per centum, the rate of interest of such special obligations shall be the multiple of one-eighth of 1 per centum next lower than such average rate. All requests of the Center to the Secretary of the Treasury provided for in this section shall be binding upon the Secretary.
(c)Authority to sell obligations At the request of the Center, the Secretary of the Treasury shall redeem any obligation issued directly to the fund. Obligations issued to the fund under subsection (b)(2) shall be redeemed at par plus accrued interest. Any other obligations issued directly to the fund shall be redeemed at the market price.
(d)Proceeds from certain transactions credited to fund In addition to the appropriations received pursuant to section 1110 of this title, the interest on, and the proceeds from the sale or redemption of, any obligations held in the fund pursuant to section 1108(a) of this title, shall be credited to and form a part of the fund.
(Pub. L. 100–458, title I, § 116, Oct. 1, 1988, 102 Stat. 2174; Pub. L. 101–520, title III, § 313(a), Nov. 5, 1990, 104 Stat. 2282; Pub. L. 108–7, div. J, title I, § 125, Feb. 20, 2003, 117 Stat. 439.)
Connections116 cite this · traces to 2
Cited by 116 sections · top 60
public-private-law
- Public Law 116-260Consolidated Appropriations Act, 2021
- Public Law 115-141Consolidated Appropriations Act, 2018
- Public Law 117-328Consolidated Appropriations Act, 2023
- Public Law 114-113Consolidated Appropriations Act, 2016
- Public Law 116-94Further Consolidated Appropriations Act, 2020
- Public Law 113-235Consolidated and Further Continuing Appropriations Act, 2015
- Public Law 113-76Consolidated Appropriations Act, 2014
- Public Law 115-31Consolidated Appropriations Act, 2017
- Public Law 117-103Consolidated Appropriations Act, 2022
- Public Law 116-93Consolidated Appropriations Act, 2020
- Public Law 115-245Department of Defense and Labor, Health and Human Services, and Education Appropriations Act, 2019 and Continuing Appropriations Act, 2019
- Public Law 119-37Continuing Appropriations, Agriculture, Legislative Branch, Military Construction and Veterans Affairs, and Extensions Act, 2026
- Public Law 115-244Energy and Water, Legislative Branch, and Military Construction and Veterans Affairs Appropriations Act, 2019
U.S. Code
statutes-at-large
- Public LawMaking appropriations for the fiscal year ending September 30, 2017, and for other purposes
- Public Law 106–554Making consolidated appropriations for the fiscal year ending September 30, 2001, and for other purposes
- Public Law 115–245Making consolidated appropriations for the Departments of Defense, Labor, Health and Human Services, and Education, and Related Agencies for the fiscal year ending September 30, 2019, and for other purposes
- Public Law 115–141To amend the State Department Basic Authorities Act of 1956 to include severe forms of trafficking in persons within the definition of transnational organized crime for purposes of the rewards program of the Department of State, and for other purposes
- Public Law 114–113Making appropriations for military construction, the Department of Veterans Affairs, and related agencies for the fiscal year ending September 30, 2016, and for other purposes
- Public Law 117–103Making consolidated appropriations for the fiscal year ending September 30, 2022, and for providing emergency assistance for the situation in Ukraine, and for other purposes
- Public Law 116–260Making consolidated appropriations for the fiscal year ending September 30, 2021, providing coronavirus emergency response and relief, and for other purposes
- Public Law 108–7
- Public Law 109–55Making appropriations for the Legislative Branch for the fiscal year ending September 30, 2006, and for other purposes
- Public Law 116–93Making consolidated appropriations for the fiscal year ending September 30, 2020, and for other purposes
- Public Law 115–244Making consolidated appropriations for Energy and Water Development, the Legislative Branch, Military Construction, Veterans Affairs, and Related Agencies for the fiscal year ending September 30, 2019, and for other purposes
- Public Law 100–458Making appropriations for the Legislative Branch for the fiscal year ending September 30, 1989, and for other purposes
- Public Law 116–94Making further consolidated appropriations for the fiscal year ending September 30, 2020, and for other purposes
- Public Law 111–68Making appropriations for the Legislative Branch for the fiscal year ending September 30, 2010, and for other purposes
- Public Law 117–328Making consolidated appropriations for the fiscal year ending September 30, 2023, and for providing emergency assistance for the situation in Ukraine, and for other purposes
- Public Law 111–8Making omnibus appropriations for the fiscal year ending September 30, 2009, and for other purposes
- Public Law
- Public Law 101–520Making apppropriations for the Legislative Branch for the fiscal year ending September 30, 1991, and for other purposes
statute-compilations
- Sec. 503None of the funds made available by this Act may be used in contravention of Executive Order No. 12898 of February 11, 1994 (Federal Actions to Address Environmental Justice in Minority Populations and Low-Income Populations).
- Sec. 8069(including transfer of funds)
- Sec. 8059(including transfer of funds)
- Sec. 8004No more than 20 percent of the appropriations in this Act which are limited for obligation during the current fiscal year shall be obligated during the last 2 months of the fiscal year: * Provided*, That this section shall not apply to obligations for support of active duty training of reserve components or summer camp training of the Reserve Officers’ Training Corps.
- Sec. 8069(including transfer of funds)
- Sec. 8004No more than 20 percent of the appropriations in this Act which are limited for obligation during the current fiscal year shall be obligated during the last 2 months of the fiscal year: * Provided*, That this section shall not apply to obligations for support of active duty training of reserve components or summer camp training of the Reserve Officers’ Training Corps.
- Sec. 790The Secretary of Agriculture shall provide written notification to the House and Senate Committees on Appropriations no fewer than 3 business days in advance of termination of any grant, cooperative agreement, or contract award totaling $1,000,000 or more issued from funds made available in this Act or any previous Act: * Provided,* That such notification shall include the recipient of the award, the amount of the award, the fiscal year for which the funds for the award were appropriated, the account and program, project, or activity from which the funds are being drawn, the title of the award, and a detailed justification for the termination.
- Sec. 504### (a)
- Sec. 313Congressional Office for International Leadership
- Sec. 8004No more than 20 percent of the appropriations in this Act which are limited for obligation during the current fiscal year shall be obligated during the last 2 months of the fiscal year: * Provided*, That this section shall not apply to obligations for support of active duty training of reserve components or summer camp training of the Reserve Officers’ Training Corps.
- Sec. 505None of the funds made available by this Act may be used in contravention of Executive Order No. 12898 of February 11, 1994 (“Federal Actions to Address Environmental Justice in Minority Populations and Low-Income Populations”).
- Sec. 8069(including transfer of funds)
- Sec. 503None of the funds made available by this Act may be used in contravention of Executive Order No. 12898 of February 11, 1994 (Federal Actions to Address Environmental Justice in Minority Populations and Low-Income Populations).
- Sec. 140reimbursable and revolving fund activities
- Sec. 8072(including transfer of funds)
- Sec. 8061(including transfer of funds)
Traces to 2 documents
9 references not yet in our index
- Pub. L. 100–458, title I, § 116
- 102 Stat. 2174
- Pub. L. 101–520, title III, § 313(a)
- 104 Stat. 2282
- Pub. L. 108–7, div. J, title I, § 125
- 117 Stat. 439
- Pub. L. 108–7, § 125(1)
- Pub. L. 108–7, § 125(2)
- Pub. L. 101–520
Citation graph
cites case law
§ 1105
John C. Stennis Center for Public Service Development Trust Fund
Bills×53
Stat.×24
Pub. L.×20
Stat. Comp.×16
U.S.C.×3
Pub. L.Pub. L. 100–458, title I, § 116
Stat.102 Stat. 2174
Pub. L.Pub. L. 101–520, title III, § 313(a)
Stat.104 Stat. 2282
Pub. L.Pub. L. 108–7, div. J, title I, § 125
Cites 11 · showing 7Cited by 116 across 5 sources