§ 1306. Use of foreign credits
424 words·~2 min read·
/usc/title-31/section-1306A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)In General.— Foreign credits (including currencies) owed to or owned by the United States may be used by any agency for any purpose for which appropriations are made for the agency for the current fiscal year (including the carrying out of Acts requiring or authorizing the use of such credits), but only when reimbursement therefor is made to the Treasury from applicable appropriations of the agency.
(b)Exception to Reimbursement Requirement.— Credits described in subsection
(a)that are received as exchanged allowances, or as the proceeds of the sale of personal property, may be used in whole or partial payment for the acquisition of similar items, to the extent and in the manner authorized by law, without reimbursement to the Treasury.
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 918; Pub. L. 104–208, div. A, title I, § 101(f) [title VI, § 612(a)], Sept. 30, 1996, 110 Stat. 3009–314, 3009–355.)
The words “are not available for expenditure by agencies except as provided annually in general appropriation laws” are substituted for “will not be available for expenditure by agencies of the United States after June 30, 1953, except as may be provided for annually in appropriation Acts” because of section 101 of the revised title.
Connections23 cite this · traces to 2
Cited by 23 sections · top 15
U.S. Code
- § 1704Use of local currency payment
- § 1537International cooperation
- § 1754Foreign currencies
- § 2291aAuthorization of appropriations
- § 1306Use of foreign credits
- § 3343Check forgery insurance fund
- § 1727eUse of local currency proceeds
- § 2103Authority of President
- § 2407Special authorization for use of foreign currencies
- § 5495Certain uses of excess foreign currencies
statutes-at-large
- Public Law 102–390To provide for the minting of commemorative coins to support the 1996 Atlanta Centennial Olympic Games and the programs of the United States Olympic Committee, to reauthorize and reform the United States Mint, and for other purposes
- Public Law 101–167Making appropriations for foreign operations, export financing, and related programs for the fiscal year ending September 30, 1990, and for other purposes
- Public Law 104–207Waiving certain enrollment requirements with respect to any bill or joint resolution of the One Hundred Fourth Congress making genera) or continuing appropriations for fiscal year 1997
- Public Law 100–460Making appropriations for Rural Development, Agriculture, and Related Agencies programs for the fiscal year ending September 30, 1989, and for other purposes
- Public Law 101–513Making appropriations for foreign operations, export financing, and related programs for the fiscal year ending September 30, 1991, and for other purposes
Traces to 2 documents
12 references not yet in our index
- Pub. L. 97–258
- 96 Stat. 918
- Pub. L. 104–208, div. A, title I, § 101(f) [title VI, § 612(a)]
- 110 Stat. 3009–314
- Pub. L. 104–208
- Pub. L. 104–208, div. A, title I, § 101(f) [title VI, § 612(b)]
- Pub. L. 102–391, title V, § 566
- 106 Stat. 1680
- Pub. L. 101–513, title V, § 570
- 104 Stat. 2041
- Pub. L. 101–167, title V, § 583
- 103 Stat. 1251
Citation graph
cites case law
§ 1306
Use of foreign credits
U.S.C.×16
Stat.×7
Pub. L.Pub. L. 97–258
Stat.96 Stat. 918
Pub. L.Pub. L. 104–208, div. A, title I, § 101(f) [title VI, § 612(a)]
Stat.110 Stat. 3009–314
Pub. L.Pub. L. 104–208
Cites 14 · showing 7Cited by 23 across 2 sources