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Code · U.S. Code · Title 31 - MONEY AND FINANCE · CHAPTER 15— APPROPRIATION ACCOUNTING · SUBCHAPTER IV— CLOSING ACCOUNTS · § 1555

§ 1555. Closing of appropriation accounts available for indefinite periods

348 words·~2 min read·/usc/title-31/section-1555

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An appropriation account available for obligation for an indefinite period shall be closed, and any remaining balance (whether obligated or unobligated) in that account shall be canceled and thereafter shall not be available for obligation or expenditure for any purpose, if—
(1)the head of the agency concerned or the President determines that the purposes for which the appropriation was made have been carried out; and
(2)no disbursement has been made against the appropriation for two consecutive fiscal years.
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 937; Pub. L. 101–510, div. A, title XIV, § 1405(a)(1), Nov. 5, 1990, 104 Stat. 1678.)
In subsection (a), the words “indefinite period” are substituted for “not limited to a definite period of time” for consistency in the revised title. The words “consecutive fiscal years” are substituted for “full consecutive fiscal years” to eliminate an unnecessary word.
In subsection (b), the words “or were heretofore withdrawn from the appropriation account by administrative action” are omitted as executed.
Connections22 cite this · traces to 2
6 references not yet in our index
  • Pub. L. 97–258
  • 96 Stat. 937
  • Pub. L. 101–510, div. A, title XIV, § 1405(a)(1)
  • 104 Stat. 1678
  • Pub. L. 101–510
  • section 1405(b) of Pub. L. 101–510
Citation graph
cites case law
§ 1555
Closing of appropriation accounts available for indefinite periods
Fed. Reg.×15
U.S.C.×5
Stat.×1
TFM×1
Pub. L.Pub. L. 97–258
Stat.96 Stat. 937
Pub. L.Pub. L. 101–510, div. A, title XIV, § 1405(a)(1)
Stat.104 Stat. 1678
Pub. L.Pub. L. 101–510
Cites 8 · showing 7Cited by 22 across 4 sources
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