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Code · U.S. Code · Title 31 - MONEY AND FINANCE · CHAPTER 15— APPROPRIATION ACCOUNTING · SUBCHAPTER II— APPORTIONMENT · § 1516

§ 1516. Exemptions

244 words·~1 min read·/usc/title-31/section-1516

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

An official designated in section 1513 of this title to make apportionments may exempt from apportionment—
(1)a trust fund or working fund if an expenditure from the fund has no significant effect on the financial operations of the United States Government;
(2)a working capital fund or a revolving fund established for intragovernmental operations;
(3)receipts from industrial and power operations available under law; and
(4)appropriations made specifically for—
(A)interest on, or retirement of, the public debt;
(B)payment of claims, judgments, refunds, and drawbacks;
(C)items the President decides are of a confidential nature;
(D)payment under a law requiring payment of the total amount of the appropriation to a designated payee; and
(E)grants to the States under the Social Security Act (42 U.S.C. 301 et seq.).
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 931.)
In the section, before clause (1), the word “apportionments” is substituted for “apportionments and reapportionments” because of section 1512(a)(last sentence) of the revised title. In subclause (D), the word “law” is substituted for “private relief acts or other laws” to eliminate unnecessary words.
Connectionstraces to 3
4 references not yet in our index
  • Pub. L. 97–258
  • 96 Stat. 931
  • act Aug. 14, 1935, ch. 531
  • 49 Stat. 620
Citation graph
cites case law
§ 1516
Exemptions
Pub. L.Pub. L. 97–258
Stat.96 Stat. 931
Actact Aug. 14, 1935, ch. 531
Stat.49 Stat. 620
Cites 7Cited by 0 across 0 sources
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