31 USC 6702 - Sec. 6702. Local Government Fiscal Assistance Fund
US Code - Title 31: Money and Finance
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(a) Administration of Fund. - The Department of the Treasury has a Local Government Fiscal Assistance Fund, which consists of amounts appropriated to the Fund. (b) Authorization of Appropriations. - There are authorized to be appropriated to the Fund - (1) $270,000,000 for fiscal year 1996; (2) $283,500,000 for fiscal year 1997; (3) $355,500,000 for fiscal year 1998; (4) $355,500,000 for fiscal year 1999; and (5) $355,500,000 for fiscal year 2000. Such sums are to remain available until expended. (c) Administrative Costs. - Up to 2.5 percent of the amount authorized to be appropriated under subsection (b) is authorized to be appropriated for the period fiscal year 1995 through fiscal year 2000 to be available for administrative costs by the Secretary in furtherance of the purposes of the program.
Such sums are to remain available until expended.
Prior Provisions
A prior section 6702, Pub. L. 97-258, Sept. 13, 1982, 96 Stat. 1012, related to payments to governments, prior to repeal by Pub. L. 99-272, title XIV, Sec. 14001(a)(1), (e), Apr. 7, 1986, 100 Stat. 327, 329, eff. Oct. 18, 1986. DEFICIT NEUTRALITY Section 31001(c) of title III of Pub. L. 103-322 provided that: "Any appropriation to carry out the amendment made by this subtitle [subtitle J (Secs. 31001, 31002) of title III of Pub. L. 103-322, enacting this chapter] to title 31, United States Code, for fiscal year 1995 or 1996 shall be offset by cuts elsewhere in appropriations for that fiscal year."
Section Referred To In Other Sections
This section is referred to in sections 6701, 6704, 6720 of this title.
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